All Entries in the "Business Startup and Planning" Category
Starting a Business…Let’s Start With You
A lot of new business owners like to move quickly. They work through their decision to move into business ownership, do a little research, decide how much money they have, how much they can borrow and then start doing “it”…whatever “it” means for them and their business. There’s no question that research and understanding your [...]
How to Figure Out What You Want to Be When You Grow Up
Recently I attended an event with some old friends; most who have jobs in corporate America. Several mentioned that I’m lucky because I get to do something I love every day, but that wasn’t always the case. I used to collect a paycheck in corporate America. Some days I was happier than others, though I [...]
Starting a Business…What Are My Options?
You’ve been in Corporate America for years, learnt the ropes including when to stick your neck out do something…or not; but now you’ve decided or its been decided for you that there’s more to life than the whims of an employer and so it’s time for you to start your own business…now. How exciting!!! So [...]
Starting a Business…Look Before You Leap…No Really!
The economy’s tough, unemployment is at a record high and growing and you’ve decided your bestoption is to start your own business, be your own boss and put yourself in control. Instead of working for someone who’s living their dream, work for yourself and live your American Dream. That was an easy decision; obviously not…but [...]
Procurement Gains Status as a Result of the Great Recession
More than 70 percent of purchasing functions now report directly to boards of directors andmore than a quarter report directly to chief executive officers, according to the 2010 Global Chief Procurement Officer Survey by Capgemini Consulting. This is not surprising because the Great Recession, while wreaking havoc on the economy, has elevated the status of [...]
The Power of Seller Finance to Sell Your Business
Selling a business comes with many challenges. The number one reason mosttransactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer. The number two reason is that finance is not available. For obvious reasons, a seller prefers cash. Tom West [...]
5 Tips for a Successful SBA Loan
There are five critical areas an SBA lender considers in detail when deciding whether tounderwrite an SBA loan. These five areas are Cash-flow, collateral, credit, management experience and liquidity. If you plan to apply for an SBA loan make sure you consider each of these areas. You don’t need to be perfect in all these [...]
Why Running Multiple Businesses Could Be Your Smartest Business Decision
Last night I caught two different biographies on t.v.—one on Warren Buffett and another on comedian Steve Martin. Both offered a fascinating look at the successes of these two men. I learned that Warren Buffett’s strategy is to take the profits from one company and use them to purchase shares in another company. He has [...]
New Nevada Corporate Laws You Need to Know
By Garrett Sutton, Esq. Bearer Shares Outlawed Ownership Disclosure Procedure Instituted Stronger Asset Protection for Corporations The Nevada legislature made some significant changes to Nevada’s Corporation Code in its most recent session. You need to know these new rules. The biggest changes, which are effective July 1, 2007, will be discussed in this article. As [...]
Start an Easy Home Business: Become an Ebay Trading Assistant
EBay’s online auctions have created business opportunities for thousands of people. Now the Trading Assistant program is making it easier than ever to start a business from home. Trading Assistants act as brokers, selling merchandise for others and keeping a percentage of the profits. The profit potential can be great, especially when selling high-value items. [...]
