Startup
Sign Short Term Leases Early On, and Move As You Grow
Avoid long-term commitments. It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding to demise, and more than that percentage…
3 Basic Recipes to Improve Your Restaurant Without Breaking the Bank
Running a restaurant business is by no means an easy task. The food and beverage industry is not only rife with heavy competition, but requires a substantial investment of both time and money as well….
The Growth Dilemma
Adapted from the upcoming book The Growth Dilemma: Determining Your Entrepreneurial Type to Find Your Financing Comfort Zone. If you ask me to describe the primary tension that has kept me awake over the past…
Planning to Start a Small Business in 2018? Follow These Tips
If you’re planning to start a small business in 2018, you may not realize everything you need to do to hit the ground running. Needless to say, it takes more than just putting an “open…
How to Design an Office Where People Want to Work
Every company has reason to reevaluate their office layout from time to time. From accommodating growth through office expansion to remodeling your space with the goal of increasing productivity, you hold the power to transform…
How to Use a Checklist to Build an Innovative Startup
A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. I wish it was that easy. The…
22 Good Reasons to Write a Business Plan
Question: What are some of the main arguments for writing a business plan? Here are 20 good reasons to write a business plan. Please note, however, that a business plan is not necessarily a traditional…
Is Franchise Ownership the Right Choice for You?
Being able to work for yourself and not someone else is a compelling idea for many people. You may just be starting your career and dreaming of building a business. Or, you may have had…
Are You Ready to Take on an Office Lease?
Rent your first office with caution. Several years ago, I became involved with a Southeast Asian company looking to expand into the United States. During the discussions with the CEO about hiring North American managers, he…
Take These 3 Funding Myths with a Grain of Salt
Funding your business isn’t difficult, but acting on poor advice makes the process unnecessarily challenging. Your friends and family will support your vision, but there’s no guarantee they understand what it takes to fund a…
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