Businesses For Sale By Owner (FSBO) Existing businesses are being sold all the time, but many sellers elect to use the services of a business broker.  This saves them time and effort, although a broker – no differently than a Realtor in the housing market – is paid a fairly substantial commission for handling the […]

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Buy Business, Profit Now – Get MBA, Profit Later? Recent college graduates and those contemplating the completion of their studies in the near future – specifically those majoring in business – are often torn between two disparate choices.  The question asked most often is, “Should I stay in school and earn my MBA (Master’s of […]

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You are an entrepreneur … or small business owner … or aspiring small business owner … and you want a new venture. Do you buy an existing business?  Do you start your own business?  Buying an existing business can be safer than starting your own business from start-up.  Business startups unfortunately have a fairly high  failure […]

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Creating Your Dream Business Behind every successful company is a founder who had a dream that eventually became a reality.  Examine any of today’s prominent entrepreneurs and you will discover a shared thread of traits.  These are talent, vision, and perseverance in the face of all obstacles.  If you possess an idea that you believe […]

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Creating a Viable Business Planning Strategy New owners of businesses should feel compelled to engage in the business planning process, whether they are starting a brand new venture or taking over one that is already up and running.  Anyone who fails to take this all important step – akin to jumping out of an airplane […]

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What Is an Entrepreneur? The conventional definition of “entrepreneur” goes something like this: “A person who innovates while taking a risk in developing a product, service, or business.”  Another definition, a bit less precise but equally effective: “Someone who identifies an opportunity and creates a means to pursue it.”  Either way you look at it, […]

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Personalities and Entrepreneurship As any business owner knows, it takes a certain type of person to operate a successful business.  But did you know that experts have identified as many as nine different kinds of personalities that apply to entrepreneurship?  By looking at any list of entrepreneurs – business owners who have built successful companies […]

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Cashing In on a Business Start Up More people than ever are deciding to start their own businesses, so why should you be any different?  Whether you choose to acquire an existing company, start one from scratch, or purchase a franchise, there are a number of costs associated with buying a business.  Knowing what they […]

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Start a Small Business Owning their own business is a dream many Americans share, and learning how to start a business is not that difficult.  There are certain steps that must be taken for legal and financial purposes, and other aspects that need to be addressed to ensure that you will be successful.  The following […]

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Michael Jackson – Icon Beginning with his recent death at age 50, there has been enough Michael Jackson news out there to satisfy even the hardest core fan.  Without question he enjoyed an iconic presence in the world of popular music, stretching back to at least the 1980s.  More than one music expert has declared […]

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Taking the Entrepreneurial Leap Making the transition from worker bee to small business owner involves a great deal of time, effort, money, and personal commitment.  It is not a decision to be made hastily nor taken lightly.  There are certain questions you need to ask and certain elements to consider, with every step along the […]

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Shaky Financial Times Some news pundits have described our current dire economic circumstances – not literally, perhaps, but in similar tone – as if the Great Depression of the 1930s was paired with Europe’s suffering at the hands of the bubonic plague, plus an invasion of the Mongol Horde thrown in for good measure.  While […]

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Times Are Tough – Or Are They? The Dow is down, unemployment is up, the dollar remains weak against various foreign currencies, exports have declined, and the value of your 401(k) has dropped so precipitously that you don’t even bother to open your bank statement when it comes in the mail.  Meanwhile, experts argue continuously […]

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Ingvar Kamprad is a little known name amongst the general public today, largely because he keeps himself to himself and is a very private individual. However, his achievements are simply amazing given his background. In fact, he is the owner of the single biggest furniture chain in the world at the moment and has made […]

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In this day and age, there are a handful of businessmen and entrepreneurs that are well known as a result of their involvement with a high profile company. However, the majority of them do not hold a candle to the early American businessmen that created a model for them to follow. The 19th Century businessmen […]

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When it comes to the world of fashion, there are very few designers and icons that are as or more prolific than Ralph Lauren. The entrepreneur has been at the very heart of the fashion industry for some years now and his creations are just as in demand as they ever were. As such, he […]

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Very few people outside of the business world have heard of an incredibly savvy entrepreneur called Akio Morita. Although he died on October 3, 1999, he shaped the way that the electronics industry was to operate in the years to come and he has left a legacy that will be difficult to emulate. The entrepreneur […]

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Hugh Hefner is a name that the majority of adults have heard of and can easily put a face to the name. This is largely because Hugh Hefner is undoubtedly the king of porn and has been for quite some years. Although his route to becoming an entrepreneur was anything but conventional, the empire he […]

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Welcome to Your Financial Freedom The decision to purchase a business is perhaps the most expensive one any person can make during their lifetime.  You generally expect the acquisition of an existing business to far exceed what you might spend to buy a car, and possibly even a home.  While your principal residence may be […]

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Modern entrepreneurs have one thing in common for the most part – they use the Internet to great effect. Many may use it for marketing purposes, some use it to build their business but some actually start Internet business revolutions and experience tremendous success. Elon Musk is one example of that. He is the creator […]

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