Look Back Before Looking Forward

Before making plans it is important to reflect on the past, discover your triumphs and defeats, analyze them and create methods to have more triumphs, fewer defeats.

The Pricing Dynamics of Selling a Business

When you sell your business, the method of selling can have a major impact on your selling price. This article discusses the various selling methods and the relative values that result.

How To Make M&As Work: A Guide To Mergers And Acquisitions For Small Businesses

Mergers and acquisitions can change the entire business setup and affect everyone from management to employees. The changes must be handled properly if you do not want the employees to become demoralized by them, since this can affect your business adversely.

Selling A Business - The Eleventh Hour Contract Change

A last minute change in the terms of a business sale can often cause it to blow up. That is costly and unfortunately far too common. This article discusses how to deal with it.

Creating Success for the New Year

One of the most important events for your business is an end-of-year annual review meeting. No, not “tax planning”, business planning! This review should be the held before the end of the calendar year and all key personnel should be present. While the meeting does not have to be “big corporate” structured, clear objectives should be defined beforehand. The key is to take your goals and objectives and make sure that everyone is properly aligned to make it happen. This meeting is the best place to start.

Strategically Planning Your Organization's Future - Keep It Real And Keep It Within The Culture

Planning strategically can be a tricky endeavor for most organizations. The first item, even before the pen is put to paper (or the keys are pressed on the keyboard) is the culture of the organization.

Are Seven Percenters Killing Your Business?

How much time are you and your top team spending on strategic initiatives? You'd be very surprised. Then imagine what this is costing you! You'll be nervous...

Critical Thinking is the Success to Any Business

In business, it’s success or failures boil down to one thing and that is money. Was there profit after the campaign, did it break even or is the company in the red? This is the reason managers have to be critical thinkers because this is the only way for any firm to survive.

Business Plan Key Elements

Nine key elements of a sound business plan.

Effective and Creative Brainstorming Session

No one can effectively work alone and no one ever does. Often, an idea may spark from a single person's mind but this would develop through the accumulation of ideas as contributed by those who have knowledge on a specific topic or simply have the innate quality to explore an idea from its simplistic point of view towards a more profound perspective.

Business Sellers - Beware of the C Corp Asset Sale

If you are selling your business and it is a C Corp, the tax consequences of an asset sale as opposed to a stock sale can be punishing. All else being equal, push for the stock sale. This article discusses the tax treatment of both transaction forms.

How to Set Achievable - Challenging Business Goals

The main factors that cause a Small Business to become a Global force are contained within the Goals they set. Small Goals invite small effort. Big Goals inspire a much higher level of performance. Big Goals inspire miracles. Within every small business lies the opportunity to become a giant, to become a global force. The Goals you set for your business today will determine your Global Destiny tomorrow.

Social Capital and Your Business

Why do you need to understand social capital? Because it holds the key to riding out the storms ahead and may well be the determining factor in who is left standing.