Monday, December 5, 2022
If you know who is going to buy your business, you have already dealt with the significant core perception necessary for business strategic planning: that inevitably, voluntarily or involuntarily, you will transfer your business interest. The reality check for...
The reality for many small business owners is that they were forced into starting something of their own. Perhaps they were retrenched, fired or unable to find a job. What this means is that often small business owners really haven't...
Now, when we talk about small business loans, we mean just that - small business loans. We are not talking about a $1 million loan to purchase some commercial real estate or $500,000 to buy some investment property. We...
Introduction: If you are the owner of a plumbing company, then you are probably like many other business owners. You realize that you can't work forever. In fact, it may be that you do not WANT to work forever despite enjoying what you...
The most essential requisite for starting a new business is finance. Because banks and other conventional lending sources are apprehensive about giving loans to start up businesses, it is an important task for these business owners to arrange for...
Having a great idea and the motivation to strike-out on your own is a good first step in pursing the feasibility of a business. However, it takes more than motivation and a great idea to get things started. This...
Most of the time, when business owners (new entrepreneurs or experienced proprietors) think about financing their businesses, they think about their local banks - which they should. After all, they drive by these organizations everyday and might even have...
If you plan to start your own business but don't know which business model is right for you, then you can choose either to start with a franchise or a conventional business model. Both have their own strengths and...
"I have a very highly developed sense of denial"- Gwyneth Paltrow Nearly every study done on business succession readiness indicates that 70% or more of all small and medium business owners have no written exit plan in place. Funeral business owners are...
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