Once you have decided to become a landlord, you will need to be prepared for disputes that will inevitably arise with your new tenants. Being prepared will help you avoid...
Fostering creativity isn't as difficult as you think, but like anything, you still have to work at it if you really want to excel. Here are some suggestions for getting...
Most homeowners would love nothing more than not to have to put that mortgage check in the mail every month. But trying to pay off your mortgage ahead of schedule...
Automobile expenses are one of the major tax deductions for small businesses, and making the right choice on how to deduct vehicle expenses can save you hundreds of tax dollars....
Your early-stage company may not be able to afford an HR department, benefits, and many other pieces of today's employment puzzle, but you can hire them all. Instead of a...
There is no law that says you have to incorporate in the state in which you plan to do business. Up until a few years ago, incorporating in Delaware had...
Here are some ideas for making your company more visible in your local community: 1. Create an advisory board representative of your customers, even if they're kids, and publicize it....
Franchising is a formidable force in today's economy. The International Franchise Assn. reports that there are more than 760,000 franchised businesses in the U.S. today, accounting for nearly $1.53 trillion,...
Selling a product or service at the right price is one of the fundamental decisions every business has to make. Most businesses establish a selling price by determining: 1. The...
What is most important in a business plan? First, here is what a standard business plan should cover: 1. The company (its legal formation, history, and ownership) 2. What it...
Compensation has become a far more complicated issue than just deciding how much to pay your employees. In addition to salary, employers must consider many other components -- 401(k) plans,...
As employees become increasingly more mobile, small businesses need to develop a clear strategy for managing remote access to data. E-mail isn't always effective. These days it's easier than ever...
When you start a business, you generally have two ways to raise capital: loans and equity contributions. There are some obvious disadvantages to loans. They require you, for example, to...
Many customers love to pay with plastic, and accepting credit cards can sometimes be the difference between making or losing a sale. Credit card services are competitive, so shop around...
Family meetings differ from other business or advisory meetings, and therefore require extra attention to ensure they run smoothly. Here are some guidelines from David Lansky for maximizing the success...
When deciding on which form of business will best serve your purposes, you should take into account the following factors: 1. Your own personal assets and liabilities 2. Your existing...
When contemplating purchasing a business, you have some major issues to sort through, including: Type of Deal. What kind of deal will it be -- purchasing the assets of the...
If you have never rented commercial space before, there are a few things you need to know before you sign. First, there's no standard lease agreement. Each lease is different...
For entrepreneurs, creative thinking can be an important and effective marketing tool. Always be on the lookout for innovative and inexpensive ways to promote your business. Use new combinations of...
As someone who receives and sends a couple hundred e-mails a day, I'm constantly amazed at how poorly written and unprofessional most business e-mails are. Every day, fellow entrepreneurs send...
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
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