Category Archives: starting a small business

The 2% Solution for Disputes among Business Partners and Partnerships

Preparation Avoids Business Partnership Problems that could Kill a Business      Many people start a business with friends, neighbors, relatives or spouses and it’s often a partnership 50/50 arrangement. Rarely is there a written business partnership agreement and this can be a big mistake. These arrangements often work well until there is a problem […]

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If you ever thought you can turn your hobby into a business…….

Many people we encounter think that starting a business based on a hobby is a good idea…it rarely is. Maybe they’ve read too many “Do what you love” seminar headlines. The reality is, it’s either a business or a hobby and never both. This recent article in the Wall Street Journal gives you a look […]

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Running a small biz is tough, but good and free advice is available!

Excellent info about employment practices for small businesses. The very best medicine is preventive medicine! Take a look at this blog article by Attorney Alan Bush about overtime perils and pitfalls. Click Here

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So You’re Sitting Around the House and You Decide..I want to….

I got it…I think I’ll build a small business being a consultant/trainer for people who want to build sand castles! Yep, here’s someone else who figured out how to make something most of us never thought of into an interesting small business. Read Here… Time to start thinking, maybe a trip to the beach would […]

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Uncertain Times, Reason to Act or Reason to Wait?

I am often asked “when is the best time for someone start a business?”. As you might imagine, the answer is different for everyone and even then, the answer is never 100% evident. If you wait until the risks are minimal the time might may never come, if you leap when the risks are huge […]

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The hard work of un-fooling yourself………..

As I’ve written before, during the 1st quarter of the new year I find myself trying to take extra time to plan and evaluate. Some of this is an natural reaction to reviewing the financials in preparation for filling taxes. Some of it is just my reaction to something I’ve heard or read somewhere. During […]

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Starting a Small Business – What’s the most important question to ask?

Starting a business is more complicated than most people think. There are many issues to deal with and questions to ask when thinking about starting a small business. Starting a business the right way can inprove your changes for success. Should I incorporate? LLC? C Corp? S Corp? What name should I use? How do […]

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Do you know yourself? Do you know your clients? What Kind of business owner are you?

I had a chance to meet with John Warrillow recently. He’s the author of an excellent new book that talks about business owners and how they think. It’s titled Built to Sell If you have a dream of selling your business or growing your small business into a bigger business that one day can be […]

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Thinking about buying a business? Here’s a way to figure what is possible

If you want to own your own small business there are really only two ways to get into business. You can start a business from scratch, often called a start-up. Or you can buy an existing business from a business owner who is ready to sell their business. There is much written about starting a […]

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A New Year’s resolution list for small business owners……

In the spirit of the holidays I’ve decided to give small business owners a ready made, no assembly required, New Year’s resolution list. It’s only 5 items and it’s designed for every business owner. Here’s your list………… yes that means you! Smile more – business life is never as bad as it seems when things […]

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