Most SMB (Small to Medium Businesses) owners tend to hold onto too much equity because they worry that if they give equity away, they will lose control of their company. Some owners want to own 100% of their company because they want more cash when they sell their business, others are just not comfortable with ...
ValentinReport.com reviews Dr. Tom McKaskill's 2010 e-book, Ultimate Growth Strategies, and we've provided a link for a FREE download too! It's a must read for all growing entrepreneurs!...
Entrepreneurs need to understand the basics of the relationship between private equity investments and interest rates if they are to get the most out of their investor's capital. ...
A great small business will have a great legal structure. In fact, by being a small business, this topic is one of the most neglected. As the business owner, it is your role to ensure that you are operating within the legal standards of your city or country. When you are about to sell your ...
An intranet is a private network that is contained within an enterprise. The main purpose of an intranet is to share company information and computing resources among employees. An intranet can also be used to facilitate working in groups and for teleconferences. The Intranet is quite possibly your biggest Automation tool in your business. I ...
The universal business process of sales is to attract the customer, get them interested in your product/service, make them desire your product and finally make them take action and purchase. There, you’ve done it; you’ve sold your product. Is that enough? Not at all, selling a product to a customer is just the beginning of ...
Advisory board is simply a team of advisors that you can tap into for information or business issues that you are having difficulties with. Another term that can be used is “mentors”. Mentors will assist you in making those intricate decisions that you may not be in a position to make. You need to mentors ...
This topic applies mainly to the sole trader small business owner. Naturally when you start a business, you generally won’t have enough funding to hire staff members to help you spread the workload. Sometimes it is difficult to get a helping hand for free or even in exchange for equity when you don’t have a ...
What is an Operations Manual? A written document which clearly explains the businesses’ standards of operation, and identifies the operational tasks required to establish and operate the business. The operations manual supports and promotes the use of consistent and uniform day-to-day procedures within the network in order to maintain the quality of service and products. ...
A business with no systems or plans to integrate systems in the future will always carry more risk. Systems allow your business to be consistent even when you’re not available. It’s that consistency that leads to a drop in volatility in your business and therefore you don’t get nasty surprises or have to constantly monitor what ...