Business Structures

The Golden Rule

I recently came across an article locate on USA Today  that talked about the Golden Rule, the one that says ” treat others as you would want to be treated”. While this is a great philosophy to have in life and business, we have to remember that it doesn’t always work out as planned. For […]

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Business Plan Myths

photo credit: ottonassar As the pace of change quickens and business planning becomes more vital, untruths and mythology about the subject keep coming up. I’d like to clear them up. Entrepreneur.com. When people in business tell you that investors don’t read your business plan, this is about the biggest myth out there! Not only do

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Fake Biz Fronts

According to Trendhunter.com, North Tyneside, England, is taking a novel approach to economic depression by putting up fake business fronts. North Tyneside has been devastated by the down economy, losing 140 businesses, which has led the town to take some drastic measures. And by drastic, I mean genius! The removable fake business fronts are used

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Noticing Your Suppliers

photo credit: javajoba Entrepreneur.com. Your approach to suppliers needs to be a part of your strategic plan since almost every company, whether product- or service-oriented, is dependent on suppliers. Many business owners seem to get this supplier issue backwards. They think that because they write the order, they’re in the dominant position and can exploit

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Pillars Of Business Endurance

photo credit: Torley Systematize the Best Solutions. Once you’ve chosen the BEST solutions, create a system that solves them forever, so they don’t come up again or that anyone is able to fix them. Create so many systems that it makes people cringe. That’s organization. I recently came across a great article on Sentiment Of

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Sucession Planning

photo credit: adactio Many business leaders are very worried about the stability of their company, about their ability to replace the loss of key leaders during this recession, and their worry is definitely with good reason. Many companies are not doing as well as they have in past downturns. Marshall Goldsmith recently suggested that rather than

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