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Creating a Small Business Exit Strategy: If You Plan to Promote from Within 23 Aug 2013 | 05:00 pm
It’s always a good idea to have a current idea of your company’s worth, but there also are other necessary factors to consider if you are hoping that someone within your company will one day take over...
Creating a Small Business Exit Strategy: If You Plan to Sell 22 Aug 2013 | 05:00 pm
The information in an appraisal can be used to make changes that improve operations, sales and revenues, and make you a more competitive player in the marketplace. Those steps will help increase your ...
Creating a Small Business Exit Strategy: If You Plan to Sell 21 Aug 2013 | 05:00 pm
If you are going to sell your company to another business or individual, you will need an accurate idea of what it is worth. You should get a business appraisal when you are ready to sell, but it may ...
Creating a Small Business Exit Strategy: Consider Your Options 20 Aug 2013 | 09:00 pm
The next essential question: Whom do you expect will take over your business? Many companies make one of two choices: either someone buys the company from you or a family member or employee takes over...
Creating a Small Business Exit Strategy: Set a Retirement Date 20 Aug 2013 | 08:53 pm
Here’s your first question: When do you plan to quit working? You may have a general idea of the age range when you’d like to retire, but now’s the time to set a target date. That gives you a timeline...
Maintain your Business Plan 16 Aug 2013 | 05:00 pm
Keep in mind that business plans are not only for start-up operations. They can also help leaders of established companies to better understand where they stand and make well-considered plans for the ...
Be Sure to Include the Facts and Figures 15 Aug 2013 | 05:00 pm
If you will be seeking funding from investors or lenders, your business plan will also include information on how much money you need and how it will be spent. You should also be prepared to provide e...
What Do You Offer? 14 Aug 2013 | 10:54 pm
Of course, you’ll also need to include a detailed description of the product or service that you will be selling. Be sure to write this section with the reader in mind. That means that in addition to ...
What Goes into a Successful Business Plan? 14 Aug 2013 | 10:53 pm
Plans generally begin with an executive summary that introduces your business and spotlights key aspects of your company. This is usually followed by a market analysis discussing conditions in your in...
Starting a Business? Have a plan 14 Aug 2013 | 10:51 pm
No matter how much energy or expertise you may possess, they will not be enough to guarantee success if you don’t start out with a realistic and thorough business plan. Your plan should explain the bu...
