Archive for the ‘about business’ Category

Buy a business

Starting a business is an exciting and potentially rewarding venture. Buying a business can also be an exciting and rewarding venture. If one wants to be an Entrepreneur or Small Business Owner what route does one take?. Is it best for you to start your own business. Is it best to buy an existing business. Or as in some cases (as in my business career) are you involved with both starting a business and then at some point…

Read more »

Stiff price war

I received this comment to one of my article on my Connotati.com, and I thought the question bears great importance – so, I decided to share the question and my answer with you.

The article in question: 10 Home-Based Business Ideas for Work at Home Moms

The comment (or questions):

“This is an interesting article. However, like most similar articles, it makes it look all too easy. Anyone who’s started their own business working from home…

Read more »

Finding Focus

Angel investors and VCs have a rule of thumb that they would rather invest in a great team over a great idea.  Entrepreneurs who possess traits like hard work, adaptability and integrity are those who make the grade.

Perhaps it’s time we add the ability to focus to the list.

In an age of increasing connection – connection to news, e-mail, friends, colleagues, stats and more, we are never more than a click away…

Read more »

Woman entrepreneur

It will probably come as no surprise to some of you that men and women differ in some important respects. Whether it is the simple task of asking for directions, or different preferences in entertainment, it is obvious that women and men often approach the world from different perspectives. These differences have important ramifications on the negotiating table.

To this effect, studies have found that women set lower goals than men prior to negotiations, are more passive than men…

Read more »

We suck less

Back in 1985 I was working for (a Texas based Technology company ). We were bidding on a very large multi-million dollar computer based project for the Los Angeles Unified School District (LAUSD). Part of the bidding process involved all us potential vendors travelling via buses throughout the Los Angeles area viewing a dozen of the 700+ schools that would potentially buy and use our systems. While driving thru the various areas of LA I had seen white…

Read more »

Due diligence

This stage of buying a business begins once you have made your offer and the seller has accepted.

A contractual agreement has been entered into between the buyer and seller outlining the price and terms of the sale. The contract is contingent upon the business passing “inspection,” which is the due diligence period allotted to the buyer.

Since it is the buyer’s responsibility to uncover any potential problem areas of the business, it is important to be prepared. This…

Read more »

Angel Investing

If you’re a new business, you’ve probably struggled or are currently struggling with finances.

Lack of start-up capital can significantly impact a business in a whole host of ways and can often mean the difference between a runaway success and a dismal failure.  It’s critical to have experienced, professional personnel, a strategically located business location, and the equipment you need to make yourself a success.

But so often financing is the major stumbling…

Read more »

Lawsuit

When your enterprise is in its critical initial phases, pursuing claims against deadbeat vendors and two-timing salespeople may seem to make sense, but pursuing litigation at this stage may not always be the best course. Time is money, and lawsuits frequently take a lot of both.

First and foremost, litigation can be very expensive. The costs of litigation can be surprising even to seasoned businesspersons and can be crippling to fledgeling companies. Second, a lawsuit can be very…

Read more »

Embracing the web

Small Business Owners – here are what you’ve missed by not having any web presence for your business: opportunity and competitive advantage. Learn why you MUST go online for the sake of your business.

Placing web presence on highest priority in your business plan is no longer a smart move. It’s a mandatory move.

No matter what you’ve planned for your small business: search engine marketing, social media marketing, or simply setting up your first business website –…

Read more »

Business teamworking

Business is all about team work. Whether you own a one-person business or a multi-staffed business, surrounding you and your business with the right people is very important. Why?

I enjoy reading Robert Kiyosaki’s books (the Rich Dad Poor Dad series.) One of many concepts he taught in his book that I (and nobody) can’t deny the truth is all about your personal and business environment: Your success is determined by whom you surround your personal life and business…

Read more »

Unusual concept

1. My business runs better without me

2. I’m selling my business after 20 years time to take it easy? No, its time to work hard

3. When Negotiating – Those who want it less - Wins?

My focus is working with business owners and individuals with the process of buying and selling businesses.  These concepts apply both to the process of buying and selling businesses as well  running a small business.

1.  When starting your business, you are the face…

Read more »