Assumption will get you in trouble. When I was in the US Army I had a Sargent who put it susinctly. “Assumption is the mother of all screw-ups.” He didn’t exactly say that, but this is a family publication.
Used to be it was easy to file for a S or C corporation. Well someone […]
Strategies are important because they keep you going in the direction you want. Ronald Regan was famous for sticking to his strategic outlook. There are a number of stories where he turned major policy decisions by asking others how things fitted together with the strategic outlook they set down for his administration. What ever you […]
Plans can be highly detailed or simple. It all depends on the purpose. The most important part of the plan is a good description of the business situation.
The primary thing I am trying to do here is state the marketing opportunity. This explanation would normally have a definition of market size, an estimate of potential […]
Nothing is free, but this is cool. IKEA, you know them - functional furniture you put together yourself, has a contest for small businesse communities. Of course this presupposes that you have a small business and a community to work with.
You can win new office furniture for your business and the businesses of those around you. […]
I’m starting a new venture and I’m going to let you watch me as I do it. You’ll see my mistakes, as well as my successes. We’ll go through the thought process right here on smallbusinessboomers.com. I strongly hope you will comment and question what I do. Your feedback will help you understand the points that […]
Innovation is the only thing standing between a successful business and failure. Investors, of course, are looking for successful companies to in which to invest. They accept risk as part of the bargain. The return they receive on their investment is the premium they get for taking that risk.
People who invest in stocks are looking […]
Not to make too fine a point of it, the Sarbanes-Oxley Act is killing business in the United States. I know that wasn’t the intention, but it is. Our business community won’t die tomorrow but over the next 10 years the best and the brightest of our business community will go elsewhere. That means that […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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