Archive for the ‘Managing a Business’ Category

Starting a Business

Thursday, April 28th, 2011

Are you thinking about starting a business of your own? Congratulations! It’s a huge step, and you’ll need to be prepared. That’s where SBA comes in: In this section, we have brought together the resources you need to get started. Whether you’re sitting down to write your business plan, wondering about your legal obligations, or researching your financing options, you’ll find the information you need right here. (more…)

Take your level of respect up

Tuesday, January 11th, 2011

First for yourself, then, for the many people around you
who may be on a short fuse due to life’s pressures.
Reread Marianne Williamson’s quote “Who are you not to be brilliant...”
Dig a bit deeper and reach a little higher in all of your encounters.
Release any negative energy, take a deep breath, and let it out.
Clean up your space – get rid of anything not used or not usable; make room for the new.
(2nd Law of Physics: Two things cannot occupy the same space at the same time.)
Review: Desiderata

Navigating a business sale as a young entrepreneur

Thursday, November 11th, 2010

The internet has given an entire generation of young people entrepreneurial opportunities never before witnessed – a trend that has been bolstered by the emergence of social media. With so many web startups popping up throughout the world, opportunities to buy these fledgling enterprises have enticed brokers, investors and acquirers alike.
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Finance methods for buying a business

Tuesday, November 9th, 2010

Determining a venture’s value is one of the most important steps in the often overwhelming process of buying a business. There is also the task of finding an appropriate broker, determining the structures of assets and how they will be managed and the reallocation of personnel – all procedures that must not be overlooked.
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Negotiating with lawyers and brokers during a business takeover

Monday, October 25th, 2010

Buying a business is a growth strategy that is meant to provide the acquirer with a heightened presence in the marketplace, as well as give a company broader industry appeal. It can even turn a small business into a large market contender virtually overnight.
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How to manage employees during an acquisition

Friday, October 15th, 2010

When a business decides to sell itself to a larger company, a lot of managerial decisions must be made by the owner, the most crucial of which involves what to do with employees, if anything, upon deciding to go forward with the acquisition.

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Only Use the “E” Word (Empowerment) When You Mean It!

Tuesday, September 14th, 2010

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A popular buzz word today when it comes to engaging employees is empowerment. Leaders say, “We empower our employees to solve problems,” or “you are empowered to change things.”

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5 Ways to Encourage Employee Excellence

Monday, August 30th, 2010

1- Build a culture of productivity. From the moment you first interview a candidate, they should understand your expectations. Whether your culture is a high-stress, strict regime, or a laid back, go with the flow atmosphere be sure your employees truly comprehend that you value and expect productivity.

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10 Things Customers Want on a Website

Wednesday, August 4th, 2010

SO YOU WANT your website to make you look big. More power to you.

But the business experts I talked to recently say small is cool with customers, too. Small businesses, they say, have a personality, flavor and sensibility that big businesses can’t match. And when it comes to what you put on your website, they urge: Don’t be afraid to tout your smallness.

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Who To Hire and When to Fire.

Monday, July 12th, 2010

Whether you employ one person, or fifty, choosing the right employees can be a challenge. How do you know which of the job applicants will be worth their weight in gold, and which will give you a run for your money? Well, the “secret” to hiring the right employee is to give equal weight to five different factors:

Education
Experience
Passion
Drive
Fit

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