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Casual Articles - Starting a Small Business: Balancing Risk and Reward
You finally did it. You made the decision to leave a career that makes you dread every Monday morning and pursue one that you feel is your true calling. Congratulations! Making the decision was the hard part, right? Unfo
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely co
I once opened a press kit that mooed.MOOED.We kept the package around the newsroom for weeks, but never published the press release and professional photos wrapped inside.Hey, it was cute. Probably
According to the National Commission on Entrepreneurship, at any given time, 6% to 9% of the United States adult population is involved in planning for a new business. Most of these aspiring entrepreneurs, they say, will start a “Lifestyle Business” – primarily providing employment to themselves and their families. The balance will find themselves in “Entrepreneurial Firms” – those growth companies that, according to the NCE, created two-thirds of net new U.S. jobs in the 1990s.
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely com
So often franchise attorneys complain that franchise buyers get the shaft from fast-talking franchisors and complex franchise agreements, which make it nearly impossible for the franchisee to get a fair shake. I have hea
According to the National Commission on Entrepreneurship, at any given time, 6% to 9% of the United States adult population is involved in planning for a new business. Most of these aspiring entrepreneurs, they say, will start a “Lifestyle Business” – primarily providing employment to themselves and their families. The balance will find themselves in “Entrepreneurial Firms” – those growth companies that, according to the NCE, created two-thirds of net new U.S. jobs in the 1990s.
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely co
As entrepreneurs, we have to go above and beyond satisfaction-- so we need to find out what our customers' perceptions of us and our business actually are. Then, we must change their perceptions from dissatisfacti
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely co
Job interviews can be cause for all types of "jitters" arising from everything from performance anxiety to traffic jams. You can greatly minimize your anxieties and increase your chances for a winning interview by reali
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely co
Flower Sour: Cupid, Chemicals, and Corporate Social ResponsibilityA few days ago I had one of those “random” conversations that sets the brain blazing down a hundred different paths almost immediately. The topic w
Both are fraught with risk – and potential reward. Ask a small business veteran about the risks, and three likely come to mind: employees, inventory, and accounts receivables. These are both the bad news and good news of business. In the audiobook, “Sound Advice on Small Business,” author Jim Schell says, “The bad news is that they’re a headache to manage, but the good news is they exert leverage.”
What business would Schell, a seasoned entrepreneur and co-author of “Small Business for Dummies,” start if he had it to do all over again? With his tongue planted firmly in his cheek, he says in a perfect world it might be any business without employees, inventory, and minimal accounts receivables. Seriously, though, S
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