Category: Business
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Strategic Planning Steps for Optimum Business Management
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The Strategic Planning Steps philosophy/business system is an organizational tool that is used by groups and corporations globally to refine their goals and maximize their resources. Drawing from the concepts of strategic military planning, the Strategic Planning process is one way in which businesses strive to attain a competitive…
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Tips for Choosing the Right Business Partner:
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By Neuss Devlin 12/15/2012 If you think that having a business partner is what you and your business needs, here are some tips for you while choosing ‘the’ business partner for you. Background Check: Make a thorough check of the potential partner on personal and professional levels. It…
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How to Ensure Other People Remember You….. (And Your Business)
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Have you ever remembered a fact or other information but could not remember who told it to you? “It’s on the tip of my tongue” or “it will come to me later”. That happens to other people as well. If you are the source then you just lost a…
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Legal Pitfalls for Business
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Businesses face many pitfalls and challenges every day. Many small businesses are not prepared to meet some of these situations, resulting in lost time and resources. A few of these pitfalls are: Insurance Workers’ Compensation Disaster Planning Taxes Security and Records Keeping Independent Contractor or Employee? Employer Liability…
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Women Business Enterprise (WBE)
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Eligibility Requirements To be eligible, a firm must be at least 51% owned and controlled by one or more women, and primarily managed by one or more women. The women must be U.S. citizens. The firm must be “small” in its primary industry in accordance with SBA’s size standards for…
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The problem with peer-to-peer lending
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Mark Gimein has an important story today about Prosper, which is required reading for anybody — myself included — who has some hope about peer-to-peer lending helping to disintermediate banks and get credit flowing again to individuals and small businesses. Prosper was one of the first companies to market…
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4 Tips for Efficient Succession Planning
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One of the most common leadership development questions that I hear from executives is, “Why does succession planning feel like such a waste of time?” I do a lot of work on executive coaching and succession with my good friend, Jim Moore. Jim is the former CLO of three…
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Determining the Value of Your Business
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There are many approaches to take in establishing an accurate valuation for your business. Finding the best method for your situation will provide you with the best measure of value. Read more about Exit Strategies/Selling Business » You’ve examined your company’s historical financial statements, thought carefully about your prospects…
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Franchising Your Business
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Bill Nelson, Franchise Development Group, bnelson@franchisedevelopmentgroup.com What is franchising? Franchising is a strategy for the growth and expansion of a business, in which the franchiser licenses to the franchisee, for a period of time, the trademark, operating & business plan and other proprietary information. Why Franchise? In…
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Accelerator vs. Incubator: What’s the Difference?
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The terms sometimes get used interchangeably, but they’re not the same thing. And that matters if you’re thinking of applying. If you’re interested in getting your start-up into an accelerator or incubator there’s no shortage of options. But these terms sometimes get thrown around interchangeably. Do you know the difference…