Starting a Business

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Why Do Many Small Businesses Fail?

Learn to avoid the common mistakes that can sink a new small business in the crucial first few years.
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Balancing Work & Life: Caring for Aging Parents
For business owners, it's tough to focus on work when an elderly relative needs care.
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Common Business Contract Boilerplate Clauses
Included at the end of a contract, boilerplates offer protection against things such as exorbitant lawyer fees, uncontrollable acts of nature, and any agreements that precede ...
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Understanding Promissory Notes
Also known in accounting terms as a note payable, a promissory note is a contract that lays out the terms and conditions for the repayment of ...
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Preparing for a Business Sale with a Letter of Intent
Letters of intent (LOIs) are nonbinding agreements that give the purchaser an opportunity to take a closer look at the revenues, expenses, and operations of a ...
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Balancing Work & Life: Siblings and Business Partners
Running a business with a sibling can be a great success – or a recipe for failure.
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Starting Up: The Art of the Gimmick
For entrepreneurs looking to make a big splash in a new market, an over-the-top sales promotion can help.
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Starting Up: Budgeting for Small-Biz Travel
Need to put in face time with out-of-town clients? Here's how to pay for it.
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Starting Up: Freebies Can Spur Sales
New business owners can attract attention by giving away products.
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Starting Up: Freebies Can Spur Sales
New business owners can attract attention by giving away products.
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Starting Up: Giveaway Slip-Ups
A business can win customers by offering free products. Just don't give the store away.
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How Should You Structure Your Business?
Learn the differences between each of the six basic business structures, including their advantages and disadvantages.
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Supporting Documents in Your Business Plan
The primary goal of any business plan is to present a concise overview of your business idea.
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Starting a New Business with Bootstrap Funding
You don't need friends in the banking or venture capital business to build a successful enterprise from scratch.
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Use Mind-Mapping Techniques to Think Outside the Business Plan Box
When writing your business plan, you may be tempted to simply use a business-plan software template and fill in the blanks. But an exercise called mind ...
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Make a Strong Impression with Your Executive Summary
The executive summary in your business plan should capture your readers' attention and be a true reflection of your business.
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Why Do Many Small Businesses Fail?
Learn to avoid the common mistakes that can sink a new small business in the crucial first few years.
(ARTICLE)
Inventions and Product Ideas
Inventor and product development guru Stephen Key shares insight on the invention process and ways to get your product ideas to market.
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Hiring and Managing Franchise Employees
As a franchise owner, your greatest asset is your employees. Along with your customers, these are the people who can best help you realize your dream ...
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How to Get Accurate Franchise Earnings Information
One of the most frustrating experiences all potential franchisees go through is tracking down accurate franchise earnings information. It seems reasonable to think that a franchisor ...
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What Are the FTC Rules Regarding Franchise Earning Disclosures?
If you're considering buying a franchise, one of the most important early steps you must take is determining what its actual quarterly and/or annual earnings are.
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