Non-Competes, Gray Areas, and Salvaging a Failed Purchase
Last week we introduced the subject of non-compete agreements. Let’s dive a little deeper and present some “gray area” scenarios to consider. Then we’ll address the success or failure of the buyer with your product… First the obvious case in point What if you are the seller of a previous business or shares amounting to…
Read MoreHow “Sales Speak” Limits Us
Every profession has its own language. It’s a shorthand that enables people in the profession to more effectively and efficiently communicate with each other and to get things done. For example, finance types talk about debits, credits, accruals, depreciation, assets, liabilities, and so forth. They have their own acronyms like A/R, A/P ROCA, EBITDA and…
Read MoreNon-Competes, Gray Areas, and Salvaging a Failed Purchase
Last week we introduced the subject of non-compete agreements. Let’s dive a little deeper and present some “gray area” scenarios to consider. Then we’ll address the success or failure of the buyer with your product… First the obvious case in point What if you are the seller of a previous business or shares amounting to…
Read MoreWhy Successful Businesses Build Custom Software
Many business owners have been trying to retrofit their entrepreneurial operations by adopting new software in an effort to remain at the forefront of an ever-changing market. Despite the increasing importance of software in the business world today, however, many entrepreneurs are struggling when it comes to finding the right option for their niche industry.…
Read MoreTop 4 SBA Myths Dispelled
The Small Business Administration (SBA) loan program is amazing. It’s a big driver of the economy. Every year, the SBA, a government agency, guarantees thousands and thousands of loans to small business across the United States, totaling several billion dollars (not a typo, that’s billion with a “b”!). There are a bunch of unique features…
Read MoreThe State of Careers After 50
Among workers 45 and up, 60% say they have seen or experienced workplace age discrimination. When ageism discrimination in your career begins to creep in, don’t wait around for management to replace you. Instead, forge your own path, no matter your age, and make yourself irreplaceable. When looking away from the careers of corporate American,…
Read More4 Growth Tips for Modern Marketing Agencies
Thanks to low barriers to entry, low-cost tools, and widespread visibility, starting a digital marketing agency is not terribly difficult. Many firms have started from a home office and continued to be managed independent of a permanent location or commercial space. But there’s a significant difference between launching a digital marketing agency and scaling a…
Read MoreSingle-Unit vs. Multi-Unit Franchise Ownership
Single-unit franchise ownership is much different from multi-unit franchise ownership. The two types of operators often have different business goals and priorities. So, how do you decide which is right for you? As always, America’s Best Franchises has got you covered with all the pertinent details to help you make a decision. Although both types of ownership…
Read MoreTrump Era Health Care Options for Small Businesses
Over the past eight years, The Affordable Care Act, or ACA, has been a source of insurance for many small businesses and self-employed individuals. But the Trump Administration believes it has a better idea. It recently proposed a new health care option for businesses and the self-employed that would run parallel to the ACA. Here’s…
Read More3 Surefire Ways to Improve Your Relationship with Employees
Management should have a good relationship with employees for a number of reasons. You want to have a way of relating to the people that work for you, but you also need to be prepared to give them the help that they need when they are in peril. There are a few things you can…
Read More