21: lanningtoImproveYourChances
In business, there are no guarantees. There is simply no way to eliminate all of the risks associated with starting a small business - but you can improve your chances of success with good planning, preparation and insight.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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22: Preparing your Business for Sale
Sometimes a business owner might decide to sell his or her business rather than hand it to the next generation. Selling the business as a means of retirement has several advantages.w
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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23: PricingStrategyandDecisions
All businesses, large or small, need to be keenly aware of the prices they are charging customers - be it a product cost, an hourly rate, a project quote or a completed job cost.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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24: Recession Proofing your Business
Despite the gloom and doom we are all hearing and seeing on a daily basis, there are many practical steps you can take to "recession proof"your small business.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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25: Sink or Swim
Could your company cope with a crisis today? These days the media is full of stories about corporate crises - tunnels collapsing, foreign trade deals, drug companies folding, faulty products and extortion attempts. Some people assume that bad things only happen to big companies but all too often, it's medium and small companies that get hit
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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26: Starting a Business in Retirement
Retirement can be a scary prospect to a person who has been working their entire adult life. Although you may look forward to the time off, it may scare you at the same time. Many retirees in business started their small business to occupy their idle time and compensate their reduced income.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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27: Start Me Up!
So, you're thinking about going into business. Giving up the security of paid employment is an exciting leap, but one that involves a certain degree of risk. Here is a practical overview to guide you through those crucial, early days.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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28: Start Up Mistakes And How to Avoid Them
While it’s natural to learn from your mistakes, taking a glance below at some of the more common business owner mistakes may help you learn from the fumbles of others - without having to make them in your small business.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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29: Strategic Goals for the New Year
The New Year is a great time to review your year-end results and prepare a strategic plan for the upcoming year, or to update an existing one if you work to a finanical year cycle. Either way, you need to set your work direction with clear-cut objectives.
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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30: Successful Succession Planning
If as a business owner you become totally and permanently disabled, suffer a traumatic illness or die, the financial stability of your business (and surviving heirs) can be dramatically affected unless steps have been taken to facilitate the transfer of the business interest to another person(s) or entity. Without an appropriate succession strategy in place, there could be significant financial hardship for your surviving family members and/or business owners. Is there a business concept that can help? Yes
Department: BUSINESS PLANNING
Publish Date: Monday, 16 August 2010
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