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Entrepreneurship
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Why Purchase An Active Business?
by Mark Gulf
You will be able to make certain decisions from the history of a company's past performance. While a business may not be profitable formerly, your strong points could help transform it into a thriving venture. Read more
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Imagine Being Upgraded and Sitting Next to Sir Ric
by Richard Parkes Cordock
This is exactly what happened to one lucky passenger, Jason Murphy, who found himself sitting in the most coveted seat on a plane, 1A. As you'll read in a moment, Jason was asked to move over and make way for a VIP passenger, and little did Jason know at the time, that he was to share his journey with hyper-successful, billionaire-entrepreneur - Sir Richard Branson. Here is Jason's own account of that now infamous flight.
Read more
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America Is Calling For Entrepreneurs Now!
by Stephan Bevan
NO PRIOR EXPERIENCE NECESSARY!
The successful entrepreneur is one of the most endangered species of our time, and it is up to us to see its survival. Capitalism represents the freedom to enterprise – to determine your own destiny based on how hard you work, how smart you work, and how well you net-work. Read more
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How Critical is Customer Service to Your Business?
by Stephan Bevan
Exceptional Customer Service Will Either Make or Break Your Business! How you treat your customers WILL not only be your trademark, but it will also determine if your company will survive the 95% failure rate of business within the first 5 years. Accelerate your business' success with an Unbreakable Code of Honor that will keep your employees happy, and your customers coming back for more! Read more
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Fail Up - 3 Steps To Using Failure To Succeed
by Tom Justin
Any failure is not the end, it's the beginning. This is not about positive thinking but the variety of actions that you can take to restart your project, business or even your life. Read more
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How to Be Seen As an Expert Or Authority Figure
by Tom Justin
Whether you are an entrepreneur or an employee, you can now create higher levels of credibility to impress your peers, potential customers, associates or employers.
You can do this by creating a powerful online digital presence.
Your digital presence can be anything from websites, ezine articles, blogs, ebooks, special reports, online courses, social websites to an online newsletter. You will eventually want to be thinking of most to all of the above. But one step at a time! Read more
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We Don't Need No Stinking Permits!
by Tim Knox
So far in this series we've talked about finding a location for your retail business, negotiating the lease, and securing a capable contractor to build out the space. Unless you're renting simple office space odds are you will need to make some modifications to the space, be it adding walls, flooring, paint, electrical, plumbing, or any combination thereof. Rarely will a space be perfect from the get go and building out can be expensive; especially if you're an idiot who doesn't do your homework about building codes and permits. But I digress… Read more
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Dealing With Contractors? Get Your Hammer Ready
by Tim Knox
This week continues my series on opening a brick and mortar retail store from scratch. This week we discuss how to find a capable building contractor to build out the location. And as this series has been thus far, this segment is based on my personal experience and offered to you warts and all. As with all of my columns only the names have been changed to protect the innocent, the ignorant, and the overly litigious. Read more
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Signing A Lease? Get Your First Born Ready!
by Tim Knox
This week we discuss the negotiation and signing of one of the most dreaded legal documents any entrepreneur will ever fail to read: the commercial lease (insert scary music here). Before we dive in, understand these points; there is no such thing as a lease that’s in favor of the tenant. Trying to break a lease is like trying to sweet talk your way out of Alcatraz. Landlords are your best friends until you miss a rent payment or two. And although I could find no written record of anyone actually having turned over their first born at a lease signing, I’m pretty sure it’s happened many times over the years. In fact, there’s a rumor that Donald Trump has entire warehouses full of nothing but his tenants’ first born children.
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It's Not All About "Location, Location, Location!"
by Tim Knox
One point that I have yet to cover is that when it comes to finding space for your business, be it retail, office, or warehouse, you should not only consider the location, but a number of other areas, as well. Unfortunately, these are areas that many entrepreneurs don’t even consider until after they’ve signed on the dotted line. Depending on your type of business you should also consider some or all of the following. Read more
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How To Find The Best Location For Your Business
by Tim Knox
I spent a lot of time sitting in parking lots. You can learn a lot just watching cars go by at different times of the day. For example a location may be great in the morning, but lousy in the afternoon. Or maybe the parking lot is full at lunch, but empty the rest of the day. You should also consider which side of the road works best for you. For example a drive thru coffee shop has a much better chance of success if it’s located on the side of the road with the morning rush hour traffic, while a takeout joint has a better chance of success if it’s located on the side of the road with the going home traffic.
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Never Dive Into Business Without A Startup Plan
by Tim Knox
This week begins the tale of my recent foray into the world of brick and mortar and the startup lessons learned there from. The lessons to come over the next few weeks are many and not just for those milling around in the brick and mortar crowd. Whether you're starting a retail business in a strip mall or building a virtual business online, many of the fundamentals are the same and the principles for a successful startup apply. You must begin with what I call a "Startup Plan." Read more
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Brick & Mortar? Boy, What Were You Thinking?
by Tim Knox
When I was a kid there were five words I heard more than all others combined. Usually coming from my father, they were, “Boy, what were you thinking?” Those words typically came after he caught me doing something I shouldn’t have been or more often, after talking my younger brother into doing something really stupid that could have – but never did – end in his demise. I hadn’t heard those words in many years (at least since my younger brother got taller than me). And I haven’t really missed hearing them (no sentimentality there). But a recent business venture of mine had everyone I know asking, “Man, what were you thinking?” Read more
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Sources of Money for Business
by Dan Miller
- Banks
Will normally want 2 dollars in assets for every dollar loaned, 1-2 years history,
and personal guarantee. Banks are not in the business of speculating on your
idea.
- SBA
Requirements are much the same as with a bank. The government is not making a loan; they are simply guaranteeing a loan provided by your local bank. You can check out the requirements and get help with your loan application from your nearest SBA bank or Small Bus Read more
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Starting with Nothing
by Dan Miller
I get 8-10 requests per week from people needing start-up money. And yes, capital is more difficult to get now than even 2 years ago. So, does that mean it’s impossible to launch a great idea? Absolutely not!! Read more
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