To successfully sell your business, the first step is ensuring that you have all the information needed to present your business in the best possible light and help minimize the risk in the eyes of potential buyers. Learn the documents you need when selling your business.
Business Review and Evaluation
Significant Business Problem: Lousy Implementation of Strategy
When 20 percent of the most powerful business leaders in The United States lose their jobs, there is a problem! Top business consultants have argued for business to better strategize, align, and implement.
Is Your Business Ready for the New Year?
As the New Year begins, it is time to look back at what you achieved last year (and other years prior) and assess the performance of your business. Knowing how well (or poorly) you did the past years can help you improve for the coming years. Here are 14 checklists to get your home business ready for the New Year.
Why You Need a Financial Plan for Your Business
“Winging it” is the name of the game for many home business entrepreneurs. More often than not, many decide to start a business without preparation or sufficient information or experience. Learn why you need to have a financial plan and the benefits it can give your small or home-based business.
Web Analytics for the Uninitiated
Web analytics tools are meant for collecting, measuring and analyzing data to understand web usage and trends. However, web analytics goes beyond telling you how many people visited your site or where they came from. It can be a powerful market research tool that can tell you a great deal about your consumers, your website as well as your product. How does it work and what is web analytics? We spill the beans.
Study Finds that Small Businesses Not Leveraging Online Presence
Small businesses are not fully leveraging available online tools for marketing and growing their businesses, according to a survey conducted by Citibank. Citibank surveyed 552 small businesses across the U.S. in March, and they found that: 37% haven’t used a website for marketing their businesses 84% haven’t used ecommerce to sell or market their products […]
What Keeps a Small Business Entrepreneur Awake At Night?
Being a small business owner is fun, challenging, but never easy. Whether you are just starting a business or already running one, there are a number of things that will push your stress limits and keep you awake at night. Here are some of the common concerns of small business owners: 1. Financial stress. One […]
Prepare Your Mind for New Challenges Ahead
Prepare your mind for new challenges ahead. You have already taken stock of where you are. You have thought about where you want to go. The next step is to ensure that you are in the right mindset for your entrepreneurial journey, and committing yourself to staying with it. Pat yourself in the back for […]
Think of a Backup Plan for Your Business
Think of a Plan B. It is always smart to have a backup plan in place in the event that things do not work out as planned. It is great to be optimistic about things and hope that running the business will go as smoothly as possible. However, things don’t always work accordingly. The strategies […]
Develop Your Goals and Strategies for Next Year
Develop your goals and strategies for next year. As a small business or home-based entrepreneur, it is easy to get so caught with the day-to-day running of the business that you fail to think about your ultimate objectives for the business. Who has time to sit down and think about what to do next year, […]