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GlobalBX Entrepreneur Blog | Business Blog
Helpful Information for Buying, Starting, Running, and Selling a Business
This is a valuable blog resource from expert authors contributing key information on how to buy and sell a business, start and run a business, write business plans, and much more. This is the ultimate resource for business strategies and motivation for all entrepreneurs.
Web Enhances Sharing of Business IntelligenceAs the volume of data generated continues to soar, businesses are finding that accessibility to their information is decreasing. Reorganizing the way information is stored and retrieved is the key to improving communications and increasing productivity … which ultimately, enhances an organization’s bottom line. Because the benefits of handling the exchange of information electronically are […] Getting the Most From Your Presence in CyberspaceThis year, number of Web sites will grow at an unbelievable rate of 1,000 percent. The strength of a Web presence is that any organization can look as good or as bad as any other firm on the Web. Getting on the Web with a home page is a no-brainer. Getting the most from the […] Web-Based Support…Focus on What You Have, Not What You WantGood News: This year more than 95% of the businesses in the U.S. – large and small – will have Internet access. Globally more than 65% of businesses in industrial countries will have Internet access. This year an estimated 60% of homes in the U.S. will have Internet access. Bad News: This year more than […] How High Gas Prices Affect Business OwnersThe rise and rise of gas prices has been well documented in recent months, as much as a result of the fact that they show absolutely no sign of coming back down again any time soon as the rise itself. However, high gas prices are not only affecting the common man that can barely afford […] A Practical Look at FranchisingThere comes a time in the evolution of every business that a decision needs to be made concerning whether or not to expand to reach a larger marketplace and, if so, the best method to achieve that goal. Franchising, which is one method of expansion, has become increasingly popular in the past three decades. There […] Martha Stewart, The Biography: Her Life Story And ScandalMartha Stewart is a world-renowned figure as a direct result of her entrepreneurial empire and advocacy of homemaking and the domestic arts. Her career has spanned several decades and several career paths, all of which have honed her ability in business. However, it is her trip to prison that has made her more famous in […] Putting Together A Winning Team To Sell Your BusinessWho are the primary players you need when selling your business. Just like in sports, the players on your team will make a big difference on whether you win or lose. If you were putting together a baseball team, you would not draft Wayne Gretzky to be your pitcher just because he has a well […] What Makes Media MagicWhat truly makes this process magical is that when you appear in the media, regardless of how big or how small the outlet, you never know who’s going to see it or what opportunity is going to come your way because of it. A local Los Angeles-based newspaper once ran a story on my company, […] We Are All Self-EmployedWe are all self-employed; even as employees of a firm, we are still primarily personal career managers. Many people equate being self-employed with being an entrepreneur. We suggest that few of us are entrepreneurs, but all of us are self-employed. To make the distinction, let us explore the requirements of entrepreneurship. Entrepreneurship is generally characterized […] Ten Tips for Running Successful ProjectsAll organizations run projects from time to time. Yet more than half of all projects started fail their objectives. Why is this so? Read this article to discover ten things you can do to improve the chances of success with your project. Six Steps to Growing Your Business in Difficult TimesWith the current economic challenges we’re all facing, too many small business owners are finding their business moving in the wrong direction. In many cases, what were once growing, thriving businesses are now heading into a downward spiral of cutbacks, layoffs, and, in too many cases, bankruptcies. Owners are watching as their customers dwindle and […] Exit StrategiesEvery entrepreneur MUST plan for the end while planning for the beginning. Did you know that only 6 out of 10 successful businesses ever sell? The reason is that without a strategic exit plan the entrepreneur doesn’t have an end game and the patience to see it through. By closing the door on a business […] Get Rid of Half Your Sales Force – Now!Why? Because the average sales professional these days is a high paid customer service person. Yes, I said a high paid customer service person. I know this from experience. I spend a lot of time with sales professionals in the field. Also, last year I was asked to spend half a day talking to sales […] It is Easier to Increase Sales than to Cut CostsWe are constantly hearing about the importance of cutting costs to get a business back on track. I certainly believe that we should spend wisely, but serious cost cutting is killing some companies who could direct their efforts in a more productive manner that would benefit their company, their investors, and their employees a lot […] Prospecting – Your Future is Dependent on Your PresentFor those of us in sales, what we do today – the present – will determine most of our future. One motto seems to be rather appropriate in my business life and it starts with, “if I had only… “ It seems that hind sight is truly 20/20. But when I think of all the […] Sales Management and Leadership – They Aren’t The Same!Today Sales Managers usually have two roles. First, they have to manage and administer the sales team. Second, they are also expected to demonstrate Leadership of the sales team. These are two different roles. Most Sales Managers are trained in the management and administration skills, but few are taught Leadership. They are simply expected to […] Prospecting – We Are All Subject to The Law Of the Hierarchy of HabitsJust like gravity, you are under the control of the Law of the Hierarchy of Habits whether you like it or not. But unlike gravity, many of us don’t realize how important this law is to our performance in virtually every skill we perform. The Law of the Hierarchy of Habits says that, “Under pressure, […] “I Didn’t Sign Up For This!”Do you remember the last line in your job description in the corporate field? · Will perform other duties as required. It was and still is the catch-22 of most working environments. One may have been hired as an engineer, accountant or office cleaner and expected to perform work related to your profession but they […] DATA: Your Business and Its Most Important AssetOften neglected by some business owners, computer information should be considered the most critical asset to protect and secure. Even a one-person small business that is run from a single personal computer should routinely consider these regular routines/procedures: 1) Backup your data daily. By backing up your data, you ensure that a hardware failure or […] The Only 3 Ways To Increase Your BusinessWould you like to increase your business? In Jay Abraham’s book, Getting Everything You Can Out of All You’ve Got, he says there are only three ways (or a combination thereof) to increase your business and make more money. They are: 1. Increase the number of your clients 2. Increase the average size of sale […] |
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