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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.
Entrepreneurs Don’t Need Work-Life BalanceJeffrey 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 […] Summer Marketing Ideas for New BusinessesNew 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 […] Cloud Collaboration: Simple SolutionsAs 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, […] 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 […] Employing An Age-Diverse WorkforceBy 2020, almost a third of the workforce will be over the age of 50. The number of “mature workers” is steadily increasing around the world, and research proves that more of us are looking to work longer. Research carried out by Prudential shows that 40% of us want to carry on working past 65. […] The Importance Of Choosing The Right EPOS System For Your IndustryTaking the decision to invest in an EPOS system for your business is one that will be sure to bring a good return. Time spent managing products, recording sales or calculating financials using old-fashioned or out-dated methods takes your time away from more pressing matters such as making sales and looking for new business opportunities. […] 3 Key Tips on How to Buy a Business for Sale1. Conduct the due diligence process thoroughly Request pertinent documents from the seller. Be organized so you can cover all aspects of the business. Look over the financial records. Investigate the industry, competition, location of the business, contracts, and marketing. Observe its daily operations and employee-client interaction. 2. Seek the help of professionals Spend money […] Content Anywhere, Anytime Needs to be Monetized, Saved“This is the show! If you don’t like it, go to the one in Staten Island!” – Rocky Horror Announcer, Fame, MGM (1980) Today, we’re overwhelmed with news, information and entertainment options. Whether you’re at home or away, broadcasters are all vying for your attention, your time, your money. That’s the evolutionary shift the NAB […] When Should You Raise Rates?As your business grows, your time becomes increasingly valuable. The rates you set a few years ago for your products or services may have been appropriate at that time, but chances are your expenses have increased since then. It’s quite common for businesses– whether a freelance individual or a large corporation- to be so busy […] Buying a Business – 7 Things You Need to KnowAn entrepreneur appreciates the benefits of buying a business compared to starting his or her own business. An existing business has laid its foundation, saving the new owner time, money and effort to hurdle the birth pains of a new business. It has trained employees as well as product brands and a company name known […] Entrepreneurs Learn From Their MistakesEntrepreneurs have a different mindset compared to us, regular individuals. What we call failure, they call lessons. Once they set their mind into a task, they proceed one small step at a time. They really desire what they want to do; do it and pause to see if it works. If it doesn’t work, they go […] Burger King Goes Public AgainThe Wall Street Journal reports that 3G Capital Management, current owner of Burger King, sold 29% stake in the hamburger chain for $1.4 billion to Justice Holdings. William Ackman of Pershing Square Capital Management will own 10% of Burger King as co-owner of the investment fund, Justice Holdings. When it lists at the New York Stock […] What Types of Financial Courses Can I Take in the UK?If you are looking to start a career in finance, the UK offers a range of financial qualifications. Whether you are looking to get into accounting, private banking or sales and marketing there are lots of financial training courses based in London and around the UK to start your training. See some details below on […] Should You Buy an Existing Business for Sale?Buying an existing business has a better chance of success than starting a new one. You avoid the hassles of building a reputation and customer base or market. It is quicker and easier. However, you need to find the right business for you. Advantages of Buying an Existing Business 1. The necessary permits and licenses […] Social Media Programs Are Too Important for One Department“Economics make it necessary to terminate any operation which exceeds five percent of its primary budget.” – Male Voice, “THX 1138,” Warner Brothers (1971) We’re quite certain John Wanamaker – who some consider the father of marketing – would be amazed if he saw the potential and the chaos of social media today. He’d be […] Buy a Business – Asset Purchase vs. Stock PurchaseBuying a business, especially if it is your first time, can be overwhelming. Will you purchase the assets of the business, or its stock? Which is more beneficial for you? There is no clear-cut answer to this question as it really depends on your circumstances. In an asset purchase, you buy the company’s assets – […] Red Flags to Look For When Buying a BusinessBuying a business is generally safer than starting a new one. An existing business has established its presence in the market. It has regular customers or clientele who are aware of the products or services the company offers. It has employees who know how the business operates. You can review its financial and operational history […] Phones Are Everywhere, But They Aren’t Killing Home Gaming“Maybe we’re all getting a little carried away with this. Admittedly, a few birds did act strange, but that’s no reason to…” – Sebastian Sholes, fisherman in diner, “The Birds,” Universal, 1963 Back in what our son now calls prehistoric time, games were one of the prime reasons guys joined the Homebrew Club. That and […] Financing Options for Businesses – Which Type of Financing Is Right for Your Business?There is good news for small business owners. Small business lending rose 18% during the period from November 2010 to November 2011. Congress is also most likely to pass the JOBS (Jump-start Our Business Start-ups) Act this year. This will make it easier for small businesses and start-ups to raise capital. The new law will […] Experience Is EssentialI have a scenario you may be familiar with. You’re applying for a job. You reflect on what you want to do next, what engages you and what you can realistically get from your next move. Let’s suppose you’ve studied towards qualifications to work in a particular skilled sector of the economy. You can’t wait […] |
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