Is Your Business “You-Proof”?

Whether you’re planning to sell your company sometime soon or sometime in the future; now is the time to ensure that your business isn’t all about you. From the latest research involving 2300 companies from around the globe, here are two key factors that are linked to the probability of getting an offer for your business...

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Four Traps to Avoid When an Acquirer Comes Calling

You may be eager to sell your business, and happy to have a potential buyer at your doorstep, but what’s it like when an acquirer starts looking inside every inch of your business? Most repeat acquirers will have a checklist of questions – both objective and subjective – that they need answered before getting serious...

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“Making the Bed” – A Guide to Fulfilling Your New Year’s Resolutions

A New Year is upon us. For the past few weeks, the gyms have been packed, the morning joggers are out, and everyone’s clothes have been looking much more pressed and fit. Every phone conversation starts with “Happy New Year!”, and the energy and excitement of a new beginning carries us through the workday. ...

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Increasing Customer Tips with the “Rule of Reciprocity”

In 1974, Phillip Kunz, a sociologist at Brigham Young University, wanted to see what would happen if he sent Christmas cards to people he didn’t know.   He picked up several local phone directories and chose 600 addresses at random, starting a new Christmas list of complete strangers. He included handwritten...

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There’s Never A Bad Time To Be An Entrepreneur

Here’s how a friend once described me: If you tell me something is impossible, my work week increases by 20 hours and my IQ elevates 20 points. In other words, I like a good challenge. We currently live in challenging times for entrepreneurs. The economic downturn has claimed many victims. But that doesn’t mean you...

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When to Quit Your Job and Start a Business

The answer to your popular question probably depends on your situation and the kind of business you’re planning to run. Many entrepreneurs start pursuing a venture in the evenings and on weekends: Think freelance service providers and home-based crafters whose product lines catch on and develop a following large enough to...

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