Cash is King?That is what everyone tells us and it is true! You cannot function successfully in any business without proper cash flow. So if this Cash Principle is so well known, then why is it that so many businesses struggle? Sometimes the obvious is not always so obvious when... Read More
A cherished business doctrine is that growth must be a primary business purpose: "grow or perish" is a mostly unquestioned truth. At South Mountain we favor certain kinds of growth, but not expansion for its own sake, which author Edward Abbey described as "the ideology of the cancer cell." We... Read More
A few years ago, I visited Beijing for the first time. At Beijing airport, I got into a taxi and paid 450 yuan (about US$54) to get to the city. I was horrified to find out later that the normal taxi fare for the same distance was 60 yuan!The next... Read More
What does buying a fat pig have to do with your business? Stick with me and all will be revealed.Does your business have a tactical and a strategic way to go to market? Let's go down to Mr. Hoover's butcher shop to see how it's done.Mr. Hoover has been selling... Read More
Introduction: This article is written as a general discussion on the subject of "Due Diligence". It is for informational purposes and not intended to be a definitive guideline for your exact situation. You should consult the appropriate professionals with regard to your specific transaction or situation. Further, this article is... Read More
Last summer the FTC put forth a report and then asked for comments on modifications of the franchise rule. There has been no real significant changes since the 1970's, but lots of opinions and case law along the way. All these complications of rules and the rules proposed today by... Read More
When you awoke this morning, you found yourself buzzing with a fantastic idea for starting a new business and you hadn't a doubt in your mind that you could turn it into a huge success. But now what? All those great ideas floating around in your head and you're excited... Read More
As small business owners we're in business to make money doing what we love. And that means we need enough billable hours to cover our expenses, our payroll, upgrades in skills and technology, and profit. But if stay in business for any length of time, you eventually reach the point... Read More
1. Don't Spend Too Much Time PlanningWhen you are entering a new market, you won't know the hidden problems and challenges you will face. You won't understand those problems until you make a few mistakes. And you won't solve them and go on to making success of your new business... Read More
Franchising has made the world look really small. The well known flavors are now not just restricted to a single town or city but can be enjoyed world wide. Otherwise it would only be a dream for somebody in Asia to wear the fashion of Europe, for the West to... Read More
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How often has someone thought of starting a business based... Read More
We were more than excited. Our women's doubles tennis team... Read More
Franchisor expansion policies are not as simple as one might... Read More
The goals of businesses have undergone much evolution from the... Read More
According to the American Society for Aesthetic Plastic Surgery, since... Read More
We all know how glorious those first warm days of... Read More
Perhaps you are building a new home office or you... Read More
Support is critical for your small business survival. You may... Read More
Just recently, I took a break and caught "The Return... Read More
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We are noticing an increase in the length of time... Read More
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What is the Big Race all about when it comes... Read More
Your product is dying. With the same inevitability that we... Read More
As the owner or an employee of a small-to medium-sized... Read More
At one point or another, almost every business runs short... Read More
Before you read any further in this article, I'd like... Read More
Disclosure laws in franchising are suppose to help the consumer.... Read More
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Incredible as it sounds, you have a goldmine of free... Read More
You've always liked flowers and you think the idea of... Read More
Lance Armstrong this week won an unprecedented 7th Tour de... Read More
Here is an interesting case study of a company, which... Read More
Do you know what your genius work is? It's the... Read More
Your business is making profits, but where is the cash?... Read More
THE PSYCHOLOGY OF PRICINGIn case you hadn't noticed, people can... Read More
The day care industry is expanding. There are now more... Read More
What does it take to grow a business and run... Read More
Researching information for a recent business plan, I came across... Read More
Many auto detailers fall short in their sales presentations. I... Read More
The temporary staffing industry continues to expand, with yearly double-digit... Read More
When you awoke this morning, you found yourself buzzing with... Read More
Many small business startups fail within the first 2 years... Read More
Here are some useful tips on how to select a... Read More
Summer is a time for the outdoors, for that well-deserved... Read More
One thing I have noticed in my travels to different... Read More
Quality control in franchising companies is paramount and all franchising... Read More
In a quest for customers and to keep those customers,... Read More
An observation while returning home from a seminar: Getting away... Read More
One of the first things you will need to set... Read More
I propose this thought on the subject of Franchisee territory... Read More
First, we need to define the different kinds of skip... Read More
How do marine type businesses start? Have you ever thought... Read More
One overlooked individual in the process of taking a company... Read More
Do You Really Need a Toll-Free Number for Your Business?... Read More
Franchising is the fastest way to build small businesses, provide... Read More
Like most regulatory bodies in the United States, the Federal... Read More
If you're organized, smart, capable and willing to work with... Read More
Have Some Time to Yourself One of the most important... Read More
I frequently give presentations at small business gatherings, providing me... Read More
The air in my client's office nearly crackled with her... Read More
As an entrepreneur you can learn a lot by following... Read More
A janitorial cleaning service is one of the best businesses... Read More
SBIR vs. STTR: If you are participating in the SBIR... Read More
How much is your time really worth? Is it worth... Read More
-- The One Pager Shortcut Series --An effective and compelling... Read More
If you own a small business, then you know the... Read More
You have spent considerable time pulling your business plan together,... Read More
You know what makes me really happy? Drinking a Starbucks... Read More
Office support services can range from basic data entry to... Read More
"So what?" is a lovely question.It can lead to a... Read More
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