Whether to Move Your Small Business from Your Home Office
Many small businesses start out as a simple office in a spare room. As your company grows, you might end up needing more space, more help, or both. Entrepreneurs are often hesitant to leave the comfort of their comfortable homes for an office, but it’s usually a necessary move that will impact the business’s success.
Read More Start Dancing with the Stars
Customers and clients are what drive business success, and networking should be your #1 marketing tool because it’s THE most cost-effective! The problem is that most people would rather have a colonoscopy than attend a networking event…so they simply rely on social networking sites.
Read More How Small Brand Awareness Works
Recently I’ve had the pleasure of being on an experts panel at Bob Proctor’s Matrixx event held in Toronto, Ontario. As an expert I did my best to assist individuals realize what their brand is or could be. It was an invigorating experience.
Read More Is the Ideal Entrepreneur Right Brain or Left Brain?
Traditionally, the majority of entrepreneurs have been logical thinkers, problem solvers, and pay attention to details. These are the stereotypical left-brain engineers. Yet I see a big shift from the knowledge age, with its left-brain foundation, to a critical focus today on visualization, creativity, relationships, and collaboration, which are more in the domain of right-brainers.
Read More How to Survive Lean Times
Everybody who is in business for himself (or herself) is going to have dry spells every once in a while. So plan for them. Focus on controlling the things you can control.
Read More Franchise Business’s Profit and Loss
When you’re searching for the right franchise, you’ll have lots of documents to read, plenty of people to talk to, and advice from all sides. One piece of the puzzle that many future franchisees overlook is the profit and loss statement (P&L) from your potential franchisor.
Read More I am a 75% shareholder of my corporation, what operating agreement do I use?
Typically, any buyout contingency plans for partnerships or corporations are outlined in a buy/sell agreement. For consideration and drafting with your lawyer, you can locate sample buy/sell agreements (some free and some for a fee) that you can copy…
Read MoreWhy Are They Buying?
Until we and the customer have really internalized why they need to buy, every deal is at risk. What are they trying to achieve? Why are they trying to do it? What are the consequences of not doing it? Why is it important to them now? What’s driving their need to do something?
Read More The Decline in Small Business Lending: Cause and Effect
Small business lending has declined significantly since the recession, but why? It’s too easy and insufficient to just blame it on a poor economy. The truth is the economy is improving, business owners are optimistic and one would think that, with an improved economy, lending would increase.
Read More Why Self-Evaluation and Job Descriptions Matter Even More for Startups
One of the most challenging aspects of working for a startup is also the thing that makes it so exciting. As the company grows, roles and structures change. For better or for worse, your job description can change dramatically in mere months.
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