“q & a”

Post image for Basic Training: T is for Tough Choices

I’ve been on a murder mystery/detective fiction kick for a bit. Having just devoured Sue Grafton’s T is for Trespass (and she’s already written books A-S), I realized that we’re both nearing the end of the alphabet. Today’s Basic Training–which brings me, like Grafton, to the letter “T”–involves a not-so-basic situation: What do you do […]

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Q. I am a founding partner in a 15-year business.  All 3 partners work in different capacities at our business. We have had financial struggles along the way. Recently, my 2 partners have infused capital to keep going; I didn’t have the money to make a contribution.  We also have not received salaries for over […]

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Post image for Basic Training: W is for When Did Drinking Games Go Online?

OK, so maybe my age is showing (it hasn’t been that many years since college, has it?), but I thought that drinking games were idiot party tricks made up on the spot by frat boys sitting around a keg of watered-down beer trying to get into the panties of the coeds. Apparently, it’s now a […]

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Post image for Basic Training: V is for a View on Invention Protection

Q: What would be the first step for an invention? How can the idea be protected when others will need to be involved in the process of getting the idea to market? A: It’s very difficult to protect an idea, unless you have found some way to “capture” it in a kind of tangible form–such […]

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Post image for Basic Training: Q is for Quagmires and Family Businesses

Few business partnership situations are as unpleasant as those involving family members. If you “kick the bum out,” will your brother run to Mommy and rat on you? Will you be able to show your face at Thanksgiving dinner if you’ve won the company but lost your family’s support? Here’s today’s quandary: Q.: My brother […]

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Post image for Basic Training: K is for Kamikaze Business Formation

You know . . . and I know . . . that faster is not always better, no matter how much the car companies try to push the “0 to 60 in 3.6 seconds” pitch. Think food, sex, rest, travel. You don’t necessarily want to rush these experiences. Quick, split-second decisions are not the best […]

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Post image for Basic Training: A is for Adolescent

Ah, youth. I wish I had been so motivated to change the world when I was a teen. I was more concerned with how geeky I looked in braces and participating in nerdy things like student government. Here’s how this week’s teen wants to make a difference: Q: I am trying to start up a […]

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Post image for Basic Training: U is for Using Celebrities in Your Business Idea

Today’s query has to do with celebrities. Dabnabbit!–why don’t they return my calls? Q.: I sent two celebrities a business idea for a website. I never heard a response from them or their companies. Should I continue to write them or find other interested parties? A.: Without knowing the business idea or which celebrities you […]

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When business partners go their separate ways, well, it’s a lot like divorce.  There’s the temptation to squibble over “Who gets the cat?” “Who gets the couch?” But unless you’ve clearly outlined in your partnership agreement which of your marbles you’ll get to take home with you when the game is over, you could be […]

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Post image for Basic Training: D Is For ‘Is Divorce in the Air?’

D is also for “pawning your DEBT onto someone else.”  I am mightily relieved that this fellow is not my husband: Q.:  I own a business and run it as a DBA. Can I sell it to my spouse? And can my spouse assume all the debt attached to the business?  What do you gain […]

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