So you are considering starting a business with a partner or partners. If you’re doing so keep in mind some absolute truths. Most business partnerships end in a break up by a factor of 8 to 1. I know you’ve got the perfect formula – I’ve heard it before but… heed these words of advice. [...]
Posts Tagged ‘Family Member’
Business Partnerships – Doing It Right
Posted by admin on April 19th, 2010
Posted in Articles 
Tags: Absolute Truths, Best Friend, Business Background, Business Partner, Business Partnership, Business Partnerships, Business Relationship, Clauses, Family Member, Financial Payoff, Mom, money, Pound Gorilla, Pre Nup, Reason, Roles And Responsibilities, Starting A Business, Starting Business, Third Party, Words Of Advice 
No Comments »Prepare to Sell Your Business From the Day You Start Business
Posted by admin on February 16th, 2010
Most business owners are wise enough to prepare a well thought-out business plan when they launch their businesses. This plan is tweaked and enlarged as time goes on and the business grows. What is missing from most business plans, however well-prepared, is an exit strategy. Ideally, one should start preparing to sell the business the [...]
Posted in Articles Tags: Accounting Firm, Accurate Financial Statements, Business Owners, Cash Flow Statements, Date Records, Exit Strategy, Family Member, Good Books, Inventory Valuation, Job Descriptions, Key Management, Management Employees, Net Profit, Operational Processes, Personal Car, Personal Expenses, Profit Loss, Prospective Buyers, Savvy Buyers, Systematic Documentation No Comments »