6 Commonly Overlooked Risks When Starting a New Business
6 Biggest Risks of Owning a Business – Personal Liability: For any small business owner, one lawsuit could potentially result in the loss of a business, or worse – the loss of personal…
The 1 Percent Rule: Why a Few People Get Most of the Rewards
Sometime in the late 1800s—nobody is quite sure exactly when—a man named Vilfredo Pareto was fussing about in his garden when he made a small but interesting discovery. Pareto noticed that a tiny number of…
7 Things to Consider When Selling Your Business
Consideration Number 1 – Not Advertising Your Business Correctly. In order to sell the business it must be advertised. Before you select a business broker, ask them about their advertising, the cost, the coverage, the…
Common Business Sales Myths
The typical business owner will only sell a business once. Understanding the complex process involved will help produce the best results, but don’t fall prey to the myths that can derail or seriously affect a…
Franchisees are too optimistic about risk – New Research.
Franchisees don’t do their homework and are too optimistic about risks according to a study. Franchisees are unrealistically optimistic about risks of setting up their business, even after those risks have been disclosed to them,…
The Daily Routine Experts Recommend for Peak Productivity
By 1918, Charles M. Schwab was one of the richest men in the world. Schwab was the president of the Bethlehem Steel Corporation, the largest shipbuilder and the second-largest steel producer in America at…