Category: Business

Brainstorming is a great tool to explore an idea, concept, product/service, etc.  For all the possible approaches one can take.  An Entrepreneur would be well served to brainstorm any business idea or product/service concept they may come up with. What is brainstorming?  Brainstorming can best be described as an idea or brain dump.  Ideas come fast…

Perhaps the toughest decision confronting most business owners–family-owned, or otherwise–is the need to plan for the succession of their success! All companies face the challenges of continuity, succession, and profitability, but those issues generally create unique planning and management problems–as well as opportunities–for family-owned businesses. When relatives go into business together, their individual aims, goals,…

Business is a practical affair. Most SBOs (small business owners) don’t have much patience or time for theoretical stuff. What follows isn’t theory. The ten principles are hard-and-fast success rules, lessons I’ve learned over the years about running a business The purpose of a business is to make money. It’s fine to have a social…

Honesty pays. It’s as simple as that.  Unless you’re in business to make a one-shot killing and then plan to take the money and run, honesty will always be the best policy. Business owners who fail to play straight – – – Whether it is with their employees, their suppliers or their customers — eventually…

The internet provides many homeworker business opportunities which hāvě made working frōm home a reality for many people. Women who want to stay at home with their children have been able to earn an income from home. Many men have decided to avoid the rat race of traditional employment by working for themselves, using nothing…