by on August 18, 2019

Doing Your Due Diligence

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Contrary to the impression of some, due diligence is not about spying or schnuckling around trying to dig up dirt on a potential business or alliance partner.  It’s sound business practice, all horror stories aside. So what kind of steps can you take?  As a first step, here’s a really helpful article by Frank Bruno […]

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Post image for When Can Napkin Notes Become a Binding Contract . . .?

A written contract doesn’t have to be filled with legal mumbo-jumbo in order to bind your business. That was a hard lesson learned by a Missouri company, in the case of Baum v. Helget Gas Products, Inc. In the Baum case, the prospective employee (Baum) took copious notes during his interview, including descriptions of salary, […]

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by on August 12, 2019

Look Before You Lease

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The hidden costs of a commercial lease might be more than you can afford to pay. Like renting an apartment, an office lease gives your company the comfort of a place it can call home. But home can turn into a white elephant pretty quickly when business takes a turn–for better or worse. It’s harder […]

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Post image for Smart Networking for Client Pipeline Growth

One of the key components of a strong business is making sure you always have “stuff” in the pipeline. As we move into summer and the (theoretically) warmer weather, there are lots of delicious options for networking. Outdoor terraces, harbor cruises, events in public parks–they’re a wonderful way to enjoy a bit of natural beauty […]

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Last week, Federal Express (remember the old tag line?) announced a new strategic alliance with Cash4Gold to help Cash4Gold speed client service and payouts.  With the new online system in place, customers wishing to rid themselves of unwanted gold baubles can print out a special FedEx label and safely deposit their parcel with any FedEx office.  […]

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Post image for Basic Training:  Making the Most of Free Employee Handbooks

Q: I’ve found various sites that have templates for employee handbooks, including one at Business.gov.  Am I putting myself at any risk by using this as the basis of my employee handbook?  What sorts of legal issues should I take into consideration before using any employee handbook in my business? A: Templates are great as […]

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Post image for Teleclass Preview: The Entrepreneur’s Prenup

Yes, folks, I’m at T minus 32 for the launch of my latest product, The Entrepreneur’s Prenup.  It’s a home study course that will take you through the top issues to consider when choosing a business partner and how you can screen for the duds. But for those of you who just can’t wait for […]

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I was interviewed earlier this week by a Canadian paper for comments on the latest cause celebre, the trial of former media magnate Canadian Conrad Black, for charges of racketeering, to mail fraud, and tax evasion. The trial opened in Chicago in mid-March.  The most interesting twist is that the government’s star witness is none […]

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Post image for America’s Most Promising Companies

Yes, it comes from a competitor, but money is money, right? Forbes, in conjunction with The Venture Alliance, is launching a survey of America’s Most Promising Companies.  It’s an opportunity for small business owners to evaluate their chances of getting investment capital funding.  They’ll look not just at growth in sales, but a whole range of […]

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Post image for Big Banks Slash Small Biz Credit Lines

 When it comes to small-business financing, there seems to be a lot of lip service and very little financial service. It’s hard not to get cynical when you hear that “small businesses are the backbone of the economy” on the one hand, yet learn that the big Wall Street banks have slashed their small-business loan […]

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Nina in the Media