Leadership Skills: How to Be a Successful Communicator

Leadership Skills: How to Be a Successful Communicator Author: Jacqueline Moore As a business leader, one of the most important leadership skills you’ll ever demonstrate is knowing how to communicate. When you think about it, most business leadership consists of communication of one sort or another. You hold meetings with staff or board members or…

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Business Rebuilding Trust

Business Rebuilding Trust

Business Rebuilding Trust By Shari Caudron At companies where trust has been broken because of, say, high-profile executive wrongdoing, HR has to step up to the plate and help the leaders regain their credibility. Emmett Seaborn, a principal with Towers Perrin in Stamford, Connecticut, says this is done through an extensive communication effort that involves…

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Choosing a Legal Form for Your Business

Choosing a Legal Form for Your Business

Choosing a Legal Form for Your Business In starting a small business, one of the first questions you should ask is what form of legal entity you should use or “How should I organize my business?” Also, as your business grows and changes, you should from time to time ask yourself whether the entity you…

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Business Venture Financing

Business Venture Financing “Financing a venture can be structured using one or more of several types of securities ranging from straight debt to common stock.” Introduction Types of Securities Disadvantages of Debt to a Company Advantages of Debt to a Venture Capitalist Percentage Ownership Needed Case Studies Conclusion Introduction A venture financing can be structured…

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Preparing Your Business Plan

Business Plan

Preparing Your Business Plan “Other things being equal, a well prepared business plan will increase your chances of obtaining the venture capitalist’s financial commitment.” Introduction A business plan is a description of your business. To be complete your plan should describe: Your company and industry The product The market and marketing approach How the product…

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Business Plan

Business Plan A business plan precisely defines your business, identifies your goals, and serves as your firm’s resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific…

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15 Tips to Streamline Your Business and Become Profitable in 2007

15 Tips to Streamline Your Business and Become Profitable in 2007 By Julian Stone Here are some tips to help you ‘cut the fat’ and improve the productivity of your business. If you apply a few of these, you’re well on your way to achieving greater profit and creating less stress! Cut the SlackersCut the…

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Conducting Your Business as a Corporation

Conducting Your Business as a Corporation

Conducting Your Business as a Corporation The limited personal liability of a corporation isn’t ironclad. In the event the business ends up owing more money to a creditor than it has the ability to pay, the creditor will then look to the business owner. Under a legal theory known as “piercing the corporate veil,” if…

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Budgeting For Your Business

Budgeting For Your Business “Your business opportunities improve with the use of a budget, a powerful tool which assists you in achieving your financial goals.” Introduction: A well-designed budget helps you: Predict income and expenses Control cash flow Communicate financial goals As an entrepreneur, you may not have the time or financial expertise to establish…

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Survive the Recession by Starting Your Own Business

Survive the Recession by Starting Your Own Business

Survive the Recession by Starting Your Own Business Are you an entrepreneur at heart? Many Americans idolize the American Dream; the “get rich quick” mentality. But, how many make it happen? Starting a business requires hard work, and even then it is not guaranteed that it will succeed. In fact, in the US, only 51%…

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