GlobalBX Entrepreneur Business Articles - May 2012

Key Pointers to Starting a New Business

Maria Contreras-Sweet, a former corporate executive and one-time government official, started Promerica Bank, the first Hispanic-owned bank, in Los Angeles in 35 years.  In an IBM webcast during Global Entrepreneurship Week in November, she gave the audience pointers on how to start a successful business.  She advised future entrepreneurs to do research first before quitting [...]

Read More

Tax Relief Benefits for Underused Space

Are you considering buying a business property with unused space above and are unsure about what you should or do you already own commercial property with space above and are thinking about getting the best use out of the space? You may be considering converting the underused space into flats for short term letting (FOTS) [...]

Read More

The Difference between Loss Adjusters and Loss Assessors

Loss Adjuster – Loss Assessor. Very similar names, very different responsibilities. And if you are in business it pays to understand the difference, as this could mean thousands of extra pounds in your pocket. Here’s a quick overview of how the two differ. Everyone agrees that, in business, having the right insurance coverage is essential. [...]

Read More

Empowering Your Staff as an Entrepreneur: 3 Steps to Success

While the current economic climate hardly lends itself to commercial growth and prosperity, the practice of entrepreneurship continues to remain a viable option for many. As concepts such as outsourcing, social media marketing and networking have driven down the cost of business start ups throughout the world, it has become far easier for entrepreneurs to [...]

Read More

Bigger, Better Pixels Make Video a Whole New Game

“He called you a Wildcat before. I didn’t even pick up on it. He’s got a camera right in your face. He can see the whole bus. He’s been playing me from minute one.” – Jack, Speed, 20th Century Fox (1994) One of the reasons we don’t play videogames is that our attention tends to [...]

Read More

Social Media Sometimes Goes Beyond Being Social

“When you’re burned, you’ve got nothing: no cash, no credit, no job history. You’re stuck in whatever city they decide to dump you in.” – Michael Westen, “Burn Notice,” Fox You’ve seen kids in the playground right? They play, fight, participate, sulk, skulk, share, unshare, befriend and bully. You know, sorta’ like today’s social media. [...]

Read More

Presenting Your Plan: What to Know Before Meeting with Potential Lenders and Investors

You know you need to raise funds to bring your dream of owning your own business to life. You’ve done the research and have put together a formal business plan. Congratulations! You’re ready to meet with potential investors. So, before you ask someone for a huge chunk of money to back your business idea, ask [...]

Read More

How Long Does It Take To Sell Your Business?

Gary T. Brooks of ExitPlanPros.com and John Warrillow of BuiltToSell.com estimate the length of time to sell a business at six months to a year on the average.  Selling a business starts when you create a saleable business with predictable revenue. Planning your exit starts years before you actually decide to  put your company on [...]

Read More

Attention Entrepreneurs – Do You Have What it Takes to be a Winner?

Not everyone can be a successful entrepreneur.  Mark Zwilling, in his post at StartupProfessionals.com, says individuals with “unwavering passion and sense of urgency” are likelier to succeed.  Angel investors seek this quality in entrepreneurs.  Briefly, he or she should be articulate and honest, must have confidence and experience, must have studied the business venture’s ins [...]

Read More

The Difference Between CD Replication and Duplication

Lots of people wonder about the difference between CD replication and duplication are often confused when it comes to selecting the right approach of copying CD’s for their particular task. Knowing the difference between CD replication and duplication should be useful in determining which approach works best for your project. When it comes to results, [...]

Read More

3 Reasons to Buy a LED Sign for your Business

LED signs are popping up everywhere—they shout from the streets, in front of restaurants, big and small businesses. Some wonder what the hype is all about and whether the bright, bold signs are worth the investment. But more and more business owners are seeing that they are for these three reasons: 1. Increases revenue The [...]

Read More

How to be Productive on a Startup Schedule

Jennifer Vargas of Accompl.sh manages to have fun while being productive.  She shares her tips on how to focus on priorities and still attend to what matters in her life.  First in her tips is to assign a weight to one’s priorities – work, family, friends, health, etc.  Knowing what matters minimizes indecision.  Which of [...]

Read More

Starbucks Adds More Stores in China and Asian-Pacific Area

John Culver, head of China and Asia Pacific business at Starbucks, told The Wall Street Journal that Starbucks Corporation would increase its presence in China from the current 500 stores to over 1,500 until 2015.  He reports that the coffee chain’s revenue for China and the Asian-Pacific region increased 38% while its operating income grew [...]

Read More

C-Corp, S-Corp, or LLC?

How Do I Decide Which Entity To Go With? This is probably one of the most frequently asked business legal questions of all time: which entity should I organize by business under and why? Well, it depends (typical attorney answer). Business owners organize (formation of entity) for tax and liability purposes. For the typical small [...]

Read More

Need a Part Time Job?

In this harsh economic time, many people do all they can so as to be able to make ends meet. Most people normally prefer to find a part time job so as to get an extra source of income. However, part time jobs may not be easy to come by if you do not have [...]

Read More

Accountable? Yes, But to Whom?

Healthcare, or rather its costs, is an ongoing and hotly debated topic likely to dominate much of this season’s Presidential debates.  And, it is an important concern as Medicare’s bank account becomes increasingly strained under rising healthcare costs coupled with an aging population. Washington’s latest answer to solve this burgeoning spending crisis:   Accountable Care Organizations [...]

Read More

Entrepreneurs Don’t Need Work-Life Balance

Jeffrey Stibel of Dun & Bradstreet Credibility Corp. zeroes in on common characteristics of entrepreneurs.  He wrote in the Harvard Business Review that entrepreneurs like him are always focused on their dream or vision 24/7.  This blinding passion to achieve their dream has brought imbalance in their lives.  He said most of them skip meals [...]

Read More

Summer Marketing Ideas for New Businesses

New businesses and those that are struggling to grow are faced with many challenges in terms of self-promotion.  One of the biggest challenges these businesses face is the question of how much to spend on marketing and advertising, and what will give them the most bang for their dollar.  Summer and the warmer weather presents [...]

Read More

Cloud Collaboration: Simple Solutions

As businesses are steadily casting aside legacy systems for cloud computing, the different offerings of cloud service providers are becoming increasingly important.  There are many options available to businesses, but one, in particular, has proven itself an authority for businesses in the cloud thanks to its collaboration capabilities. Google Apps, which first launched in 2006, [...]

Read More

Is it better to start your own business, or “start-up” via an existing business?

Starting a business takes a lot of time and energy. As time goes on, there are a lot of expenses that come into the picture: rent for the location, equipment, payroll, insurance, and more. Just getting together marketing materials can cost a lot of money. Some new businesses succeed but many do not because the [...]

Read More