Can you force someone to sign a confidentiality agreement after you’ve disclosed sensitive information? Or after they’ve already done the work for you? No. To use an old farm expression, that’s like “closing the barn door” after the horse is gone.” I discuss a colleague’s tale in the video, below. She was a subcontractor on [...]
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Franchises can be an attractive way to start a business. There’s already a system in place; you know (if you’ve done your due diligence) it’s a proven, profitable model; and the franchisor provides you with ready resources. But “fools rush in where angels fear to tread,” said English poet Alexander Pope. And franchises can be [...]
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This past weekend, my husband and I were putting up the last of the wall hutches for a new home office in our apartment and needed to drill holes in the wall in order to mount them. We sought advice from an expert at the hardware store and followed the advice to the letter. What [...]
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As Kat Gordon, founder of the mom-centered marketing agency Maternal Instinct knows well, moms influence 85 percent of their household purchases. There’s an art (and a science) to marketing to mothers. Being a business owner, she also learned the hard way that there’s an art (and a science) to getting paid by your clients. Listen in [...]
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“What should I charge?” It’s a perennial quandary that crops up for virtually every entrepreneur. It’s also an area where women entrepreneurs tend to undervalue what they offer, so they run into two problems: They don’t adequately convey their value proposition to clients, so they have trouble attracting them in the first place. As they [...]
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They say that the key to happy clients is to underpromise and overdeliver. But I just returned from an absolutely AMAZING 5-day workshop in L.A. given by Peak Potentials, called Train the Trainer 1 (How to Earn $20,000 a Weekend Teaching What You Love), which turns that adage on its head. Peak’s approach is to “promise big [...]
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The business law advisor gives you the simple solution to making verbal agreements. What’s this about a simple solution to verbal agreements? Who says there’s a problem? As a lawyer who has had to litigate contract cases involving verbal agreements, I say, “I do.” Do you remember playing the game “telephone” as a kid, where [...]
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Don’t ask me where the time has flown!My computer crashed on Friday the 7th, so my trusty tech support, ZEI Ltd., commandeered the machine for the day.Over the weekend, I celebrated my brother and sister-in-law’s wedding anniversary with them.Monday was filled with doctor’s appointments, and Tuesday and Wednesday disappeared in a haze of meetings and [...]
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When titans of industry pass on or resign, as Steve Jobs from Apple did recently, there’s usually a flurry of speculation about the business succession plan. Who will take over? Will they have the same creativity, moxie, or charisma? Will the change be good for the company? Did the stock price go up or down? [...]
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I don’t advocate that entrepreneurs treat their legal work as a DIY project. And neither does California attorney Nina Yablok. But in her post, “How to Write a Contract,” she gives some great pointers in how to get the ball rolling so that your attorney has less rewriting to do (which can then save you money). [...]
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Taking on a business partner is not a decision to be made lightly. It’s much like getting married. With the tools provided to you in The Entrepreneur’s Prenup you will always have the partnership guidance you need, regardless of where you are in your partnership process.
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