Planning & Advisors

You spend months creating a product, designing a website, and having copy written and tested. You spend countless hours schmoozing joint venture partners. Then your launch day comes, you “push the button” and… The silence from lack of orders is deafening. Welcome to the persnickety world of joint ventures — in this context, more accurately […]

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Post image for Even the Big Players Complain About Legal Bills

Everyone has a favorite “whipping boy,” and for entrepreneurs, lawyers and legal fees often fill that role.  Sigh. Well, entrepreneurs, you’re not alone.Seems a study of in-house and general counsel of major corporations in the UK have a similar gripe–in particular, that the bills are padded with junior associate time.There are ways to handle the legal fee […]

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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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Q.:  What is sweat equity and how does it work? My husband has recently started a new job where the salary is $50,000; however, he only takes home $25,000. The other half is going into sweat equity. Is this a normal practice and how might my husband benefit from this?   Read on to find […]

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Why entrepreneurs shouldn’t do their own legal work. Women entrepreneurs shoulder many burdens, one of them often being their company’s legal work. They don’t mean to become their own in-house counsel, it just sort of happens. They don’t have an attorney when they start their business and are too busy, daunted and undercapitalized (or so […]

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What do you do when facing a recession?  Lori Williams has some ideas in her blogpost, “Recession — Who Knows?”  She points out that in a down economy, a company in a less-than-ideal financial position will be hampered in its ability to get outside capital.  A solution?  Consider innovating through a strategic alliance or joint venture.  […]

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6 smart ways to ensure your peace of mind and your company’s protection against loss. Few things in business–or in life–provide you with an ironclad guarantee. There’s no assurance of 100 percent success or 100 percent protection. That’s something to consider when it comes to the potential for lawsuits. There’s no way to absolutely, positively […]

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From Scotland, a cautionary story that is relevant to millions of business partnerships over here:  What happens when a key person in your business, such as your business partner, becomes seriously ill, disabled, or dies?  Do you have a Plan B?  A contingency plan to ensure that your company can continuing functioning? In this reported case, […]

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From this article by Christian Fea, Collaboration Marketing Strategist, come two great examples of how companies thought creatively about how to reach their target market by using a strategic alliance partner: The travel agency and the luggage store.  Both companies look for people who travel. The luggage store was happy to include the agent’s information when […]

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For anyone looking to gain traction with their Internet marketing/online products, Dave Lovelace has a fistful of handy suggestions in his article, “Joint Venture Marketing: 5 Easy Ways To Find JV Partners and Super Affiliates.”  Sure, you can try to reinvent the wheel, but why not find people who are already marketing (successfully, I might […]

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