Planning & Advisors

Sometimes, a break from routine is a good thing. Had Ari Weinzweig not allowed his business partner, Paul Saginaw, to drag him away from his normal business routine, the Zingerman’s Deli of Ann Arbor might not have reached its $20 million target ahead of schedule.  Saginaw impressed upon Weinzweig the need to step out of […]

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Post image for Why Your Business Needs a Board

Leadership expert Ken Blanchard once said, “Feedback is the breakfast of champions.” But if you’re working solo (or in a small company), where will that feedback come from? Small and solo businesses can get feedback in several ways: A Board of Directors. If there is more than one owner in your company, you have automatic […]

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Post image for How to Choose and Use Attorneys

I have vivid (and not always pleasant) memories of the dating scene. There’s a huge amount of pressure to find “the right one.” But how can you know? Who’s really ideal for you? The answers to those questions take a certain amount of introspection. First, you have to know your needs and desires. Do you […]

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Post image for 3 Big Reasons Not to DIY Your Business

Today, I’m taking a deep breath, because it may be my last one for a long time. Starting Monday, I’m beginning the process of totally redesigning my website. Anticipated launch is early-to-mid-January (stay tuned!). Before reaching this point, I needed to come up with a logo, consider the “architecture” for the site and tweak more […]

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Post image for How to Find the Right Accountant

There’s no use trying to find an accountant on April 14th and hoping that your issues will miraculously be resolved by tax deadline time. Like hiring other professionals and vendors for your business, you want to take your time to select them carefully. And you want to have them in place before you have an […]

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When I have writer’s block–or just need a change of pace–I have a favorite cafe that I like to go to.  Free WiFi, a vast selection of teas (hence the name of the place: SubtleTea), delightful servers, cool Sirius jazz music wafting gently in the background. Until today.

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Just in case you needed a list, here’s one of 50 ways that joint ventures can add a boost to your business.  Among the highlights are the ability to: Increase your credibility by teaming up with other reputable, branded businesses Gain new leads and customers Offer existing customers a wider range of new products and […]

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Do you wish you could do well by doing good?  Would like “green” to mean both earth-friendly and solid profits for your company?  Do you want your business to prosper without having to feel that you’re a greedy capitalist?  If so, you may want to consider “cause-related marketing” and its cousin, socially conscious companies, for […]

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Your plan needs to outline two things: how you’ll grow and how you’ll manage financial risks. I was all set to write a column on business planning, employing Gen. Dwight D. Eisenhower’s overused quote, “If you fail to plan, you plan to fail.” But then I read Ian Sanders and David Sloly’s booklet, “Unplan Your Business,” […]

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So you thought you had your bases covered when you formed your corporation (or LLC) for your new business.  But forming a company alone may not be enough.  (Surprise!  Ugh.) Yes, you wanted to protect your personal assets from business creditors … but are your business assets protected from personal creditors?  Personal creditors can include: […]

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