Tuesday, January 12, 2010

Make Mine a $ Million Business - Webinar Reminders

WEBINARS REMINDER

January 13, 2010: Marketing Research and Customer Engagement and Why it Matters to Your Business

In this webinar, you will:
  • Explore the basics of why and how to use research as one of the newest and most exciting ways to engage your consumers!
  • Learn how to measure, manage, and improve your business with research!
  • Discover how the internet has changed the consumer landscape and what that means to you!  
Rohr Date: Wednesday January 13, 2010
Time: 4pm EDT to 5pm EDT
Price: Free
Registration:
https://www2.gotomeeting.com/register/500467747
This webinar will be conducted by Lynnette Leathers, President and Founder of Mindspot, Inc.

January 20, 2010: Hire Your First Employee with Rhonda Abrams

Small business success depends on building a great team-that means finding hiring, and leading great employees! In this webinar, you will:
  • Identify exactly the kind of help you need and where to find it!
  • Discover how to become both a manager and a leader!
  • Realize the great opportunities that exist in this economy from terrific available talent to lower labor costs!
EXTRA BONUS: Every webinar participant will receive a free copy of Rhonda's new book, "Hire Your First employee: The entrepreneur's guide to finding, choosing, and leading great people."
Rohr Date: Wednesday January 20, 2010
Time: 4pm EDT to 5pm EDT
Price: Free
Registration:
https://www2.gotomeeting.com/register/619217147
Hire Your First Employee with Rhonda Abrams will be conducted by Rhonda Abrams; author, entrepreneur, and nationally-syndicated small business columnist for USA Today. She has built four companies depending on finding and managing employees. She is currently the President and Chief Entrepreneur of The Planning Shop.
Can't Make the Webinar?
In case you missed one of our webinars, the recorded versions are available a week after the original airing in our Previous Conference Calls and Webinars section.


















 Upcoming Webinars


Wednesday January 27, 2010: Start With Why
with Count Me In Expert Simon Sinek, renowned Leadership Expert and Author of Start With Why.

Wednesday February 3, 2010: Steps to Attracting Financing with Count Me In Experts Mary Beth Shewan and Bill Dueease.

Wednesday February 10, 2010: Sell to the Choir with the Founder and Leader of Maverick & Company, Alecia Huck.


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Thursday, January 7, 2010

How to Sell Your Business



Quick Tips:

  • Put yourself in the buyer’s shoes.
  • Don’t go it alone. Assemble a team of professionals, most importantly an attorney and an accountant that you trust.
  • Get a professional valuation of your business.
  • Make sure your financial house is in order prior to sale.
  • Familiarize yourself with the entire selling process, from start to finish.

Recommended Resources:



That thought alone may be enough to keep you up at night when you decide it’s time to cash in on your years of hard work — as if there isn’t enough pressure associated with every step of the sale of a business. But there’s much you can do to prepare for the sale, and it’s not a bad idea to start thinking about it long before the day arrives.

While every transfer of business ownership is unique, there are some important questions that sellers should ask themselves and there is a common process that is used for the sale of most small businesses. The more you prepare, the more successful the outcome is likely to be. What follows is a brief outline of the process for small, closely held companies. Many of these principles apply to larger transactions as well. (You may also be interested in this blog post: Has the Economy Closed Your Exit Door?)

First, ask yourself three questions: 

Can Your Business Be Sold?
Many elements of a business make it attractive to buyers. For example, does it have a solid history of profitability, a large and loyal base of customers, a competitive advantage (intellectual property rights, long-term contracts with clients, exclusive distributorships), opportunities for growth, a desirable location and a skilled work force?

Are You Ready to Sell?
Make sure you are ready, both financially and emotionally. Think about what life will be like after the sale. What will you do — not just for money but also with your time? Many business owners suffer real remorse after handing over their business to a new owner.

Here are a few indicators that it may be time to move on:


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Saturday, January 2, 2010

Can Microfinance Make It in America?

Microfinance has helped to create opportunities for the poor in Bangladesh and other developing countries. Nonprofit organisations such as Washington CASH successfully provide small business training and microfinance loans for low income people.

This article is about Grameen America and explores whether microfinance can work here in the US. I believe that microfinance is one of the many tools that can be used to stimulate the US economy and should be supported by Congress.

Read more:

Can Microfinance Make It in America?
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