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    The Importance of New Manager Training
    We like to think that we know our audience pretty well. Ranging from presidents and CEOs to HR professionals to supervisors and front-line employees to consultants and academics, our readers and website users sought us out or were referred to us because they identify with progressive and innovative people practices.So it was with some surprise that we looked at the results of one of our Web Polls for October 2006, on new manager training. Fifty-two percent of the respondents said that their employer does not offer training for new managers. In other words, more than half of the organizations represented by responde
    ion to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeSt
    19 Ways To Attract Higher Paying Clients
    Some people have little difficulty attracting and maintaining clients who have higher discretionary funds to spend for solutions. Others can't get to first base. If you are one of those and want clients that can pay more and you currently aren't attracting them, here is a list of 10 barriers that might be interfering. Higher paying clients are easier to work with, appreciate your work more, pay quicker and are more profitable. Whenever I am asked by a independent profession how to get a client to pay more money, the first answer tends to be "you can't." It is very difficult to raise your rates with your e
    Surprisingly enough, if your expectations are reasonable obtaining the amount of money you want for your business is probably the easiest part of a business transaction. It is the less obvious issues which most people fail to examine, and those seem to cause the most problems. Okay, so you know how much money you want, but have you considered issues such as:

    • Will you be staying with the business for a time to help with the transition?
    • Do you have plans to start another business which might compete with the business you are selling?
    • How will the sale of your business impact your family, your employees, your personal finances?
    • What will you do after the business is sold?
    • After you have handed over the keys to the buyer, how will you feel?
    • After the sale, if the buyer immediately runs your business into the ground how will you feel?
    • Have your considered that a potential purchaser will want to see your financial records for the past few years. Are your books clean?
    • Is your business attractive to a buyer?
    • How will your taxes be affected by the sale of your business?

    I pose these questions not to deter you, but to illustrate some of the considerations beyond the purchase price which you must consider if you are to have a successful sale.

    WHY DO YOU WANT TO SELL?
    Your business was probably built with your blood, sweat and tears. It took you years, perhaps a lifetime, or in the case of a family business, generations. Now you are ready to move on and leave your business. With so much time, money and energy invested, you hope that the fruits of your labor will be fairly returned to you. Look very closely at your reasons for selling, the most common of which are health, boredom, work load, business problems and money. If any of these reasons apply to you, perhaps you should consider alternatives such as franchising; developing a partnership; merging with a similar company; going public; and absentee ownership or partial retirement. If your main motive in considering sale is a decline in the health of the business, you should probably be considering something other than a sale.

    If you want to sell because your business because it is failing or just past its peak, you are in a poor bargaining position and will probably not receive your expected purchase price nor will you be in a position to negotiate other important terms.

    WHEN SHOULD YOU SELL?
    The most common mistake made by sellers is to take the plunge fueled by emotion. Emotion is unavoidable, after all your business may be like a child to you but you cannot let it control your actions. Building a successful business takes planning – so does a successful sale. Consider the following:

    • Is your business at its peak, or is it on the downturn?
    • What is the marketplace like?
    • How many qualified buyers might there exist?
    • How will the economy affect the ability of a buyer to obtain financing?

    WHY LOOK BEYOND THE PURCHASE PRICE?
    The sale of your business will probably affect your financial and personal situation, your employees, suppliers and family. The implications will be widespread and will most definitely take an emotional toll on you and key employees.

    Talk to those people close to you about the potential sale. Ask for input from trusted sources such as your family, your accountant and financial advisor. When you have made a decision to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeStL

    Truck Driver Jobs Are Waiting, And So Is The Florida Sun!
    The sunshine state of Florida attracts not only a bevy of tourists but it is also a great place to live and work. So much so, that there is one hotly contested job and that is the one of a truck driver. The Bureau of Labor Statistics reports that truck driver jobs in Florida are expected to increase some 20 to 35 percent by the end of 2008. This is in line with increases in other states, reflecting the enormous growth in the amount of freight that is carried by trucks. But just as the sun and easy lifestyle attracts holidaymakers, more and more drivers are relocating their families to take advantage of the great weather a
    d how will you feel?
  • Have your considered that a potential purchaser will want to see your financial records for the past few years. Are your books clean?
  • Is your business attractive to a buyer?
  • How will your taxes be affected by the sale of your business?
  • I pose these questions not to deter you, but to illustrate some of the considerations beyond the purchase price which you must consider if you are to have a successful sale.

    WHY DO YOU WANT TO SELL?
    Your business was probably built with your blood, sweat and tears. It took you years, perhaps a lifetime, or in the case of a family business, generations. Now you are ready to move on and leave your business. With so much time, money and energy invested, you hope that the fruits of your labor will be fairly returned to you. Look very closely at your reasons for selling, the most common of which are health, boredom, work load, business problems and money. If any of these reasons apply to you, perhaps you should consider alternatives such as franchising; developing a partnership; merging with a similar company; going public; and absentee ownership or partial retirement. If your main motive in considering sale is a decline in the health of the business, you should probably be considering something other than a sale.

    If you want to sell because your business because it is failing or just past its peak, you are in a poor bargaining position and will probably not receive your expected purchase price nor will you be in a position to negotiate other important terms.

    WHEN SHOULD YOU SELL?
    The most common mistake made by sellers is to take the plunge fueled by emotion. Emotion is unavoidable, after all your business may be like a child to you but you cannot let it control your actions. Building a successful business takes planning – so does a successful sale. Consider the following:

    • Is your business at its peak, or is it on the downturn?
    • What is the marketplace like?
    • How many qualified buyers might there exist?
    • How will the economy affect the ability of a buyer to obtain financing?

    WHY LOOK BEYOND THE PURCHASE PRICE?
    The sale of your business will probably affect your financial and personal situation, your employees, suppliers and family. The implications will be widespread and will most definitely take an emotional toll on you and key employees.

    Talk to those people close to you about the potential sale. Ask for input from trusted sources such as your family, your accountant and financial advisor. When you have made a decision to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeSt

    Why Fundraising Is The Same As Friendraising
    We all know that people give money to people, not to organizations. That is why it is so important for nonprofits to target their potential large donors and figure out ways to draw them into the community that is the organization. When a large donor feels comfortable with the people involved, they will feel comfortable contributing to the success of those people.That is why everyone needs to understand the urgency of sharing their enthusiasm with their networks. There are a number of ways this can be done. Here are just a few:1. Invite your prospects to various functions. These can be annual meetings, lectur
    ng, the most common of which are health, boredom, work load, business problems and money. If any of these reasons apply to you, perhaps you should consider alternatives such as franchising; developing a partnership; merging with a similar company; going public; and absentee ownership or partial retirement. If your main motive in considering sale is a decline in the health of the business, you should probably be considering something other than a sale.

    If you want to sell because your business because it is failing or just past its peak, you are in a poor bargaining position and will probably not receive your expected purchase price nor will you be in a position to negotiate other important terms.

    WHEN SHOULD YOU SELL?
    The most common mistake made by sellers is to take the plunge fueled by emotion. Emotion is unavoidable, after all your business may be like a child to you but you cannot let it control your actions. Building a successful business takes planning – so does a successful sale. Consider the following:

    • Is your business at its peak, or is it on the downturn?
    • What is the marketplace like?
    • How many qualified buyers might there exist?
    • How will the economy affect the ability of a buyer to obtain financing?

    WHY LOOK BEYOND THE PURCHASE PRICE?
    The sale of your business will probably affect your financial and personal situation, your employees, suppliers and family. The implications will be widespread and will most definitely take an emotional toll on you and key employees.

    Talk to those people close to you about the potential sale. Ask for input from trusted sources such as your family, your accountant and financial advisor. When you have made a decision to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeSt

    Branding The Realty Consulting Business
    In a day and age where nearly two-thirds of enterprise value is originating from intangible assets alone, the future value of businesses, especially those which are knowledge driven, will largely tend to be concentrated in the ways in which firms manage and acknowledge these value creating assets. Branding in a knowledge driven business like real estate consulting is a fairly new concept. In this article, I discuss why real estate consulting firms should adopt the practice of brand-building and how this in turn can enhance their long term value and future growth in a market like India.After the slu
    child to you but you cannot let it control your actions. Building a successful business takes planning – so does a successful sale. Consider the following:
    • Is your business at its peak, or is it on the downturn?
    • What is the marketplace like?
    • How many qualified buyers might there exist?
    • How will the economy affect the ability of a buyer to obtain financing?

    WHY LOOK BEYOND THE PURCHASE PRICE?
    The sale of your business will probably affect your financial and personal situation, your employees, suppliers and family. The implications will be widespread and will most definitely take an emotional toll on you and key employees.

    Talk to those people close to you about the potential sale. Ask for input from trusted sources such as your family, your accountant and financial advisor. When you have made a decision to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeSt

    The Perfect Salesperson
    Who is the perfect salesperson? Your neighbor? Your spouse? Your best friend? Your business associate? Doctor? Dentist? Store Clerk?. We are all salespeople. Each and every day we sell something to someone - a thought, a belief, an idea, a product or service (Example: Your neighbor "sells" you on why you should eat at a specific restuarant; your spouse "sells" you on why they need a new car; your dentist "sells" you on why you should whiten your teeth; the store clerk "upsells" you on getting the perfect tie to go with that perfect suit; etc.). BUT, we don’t consider ourselves to be sa
    ion to move forward, find an experienced attorney or consultant who will work with you and your accountant to formulate a good strategy. Do not use a general practice attorney or business broker. Find a professional who has experience in buying and selling businesses. Ask to speak to former clients, see a transaction list or have a lengthy discussion with a potential attorney/consultant about his or her approach to selling your business. Of course, I wouldn't have written this article if I didn’t plug my services just a little. I am an experienced transaction attorney who takes a comprehensive approach to the sale of a business, therefore I stress formulating a good, solid strategy. Okay, the sale pitch is finished. If you want more information about our services feel free to browse our web site at www.StonebridgeStL.com

    If after careful soul-searching and analysis if your motives for selling your company appear to be genuine, then carefully develop a comprehensive strategy. It should include the evaluation, preparation, pricing, marketing and actual sale of the business. Your plan should also consider potential purchasers, the negotiation process and closing the sale. Follow your plan and arm yourself with competent advisors who can help you avoid common pitfalls and unpleasant surprises. The result will be a smooth transition of ownership and an enjoyable and rewarding “afterlife.”

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