Selling an existing business can be painful for a host of reasons. Reasons include both emotional and rational. Emotional reasons are obviously overcome rather easily compared to rational reasons. Once having decided on selling your business, next step is to decide on mode of selling the business. There are two options – advertising and broker. Both the options have their…
There is a long standing debate regarding the usefulness of the SBA. Another recent article in the Fortune Small Business Magazine raises several interesting points. For example, is it worth keeping an agency where its loan programs reach less than 1% of U.S. small businesses? On the other, in fiscal year 2005 the SBA made or guaranteed $19 billion in…
Positive attitude makes the whole difference to degree of success. Now is that easier said than done? No, not really, it is not difficult to stay positive all the life. Dreaming big has been the first step towards success. If you think of becoming number one on the west side in the middle of your area lying on the south…
A recent Harvard study, âSweat the Small Stuff,â? found that ordinary people are capable of producing creative work. Additionally, researcher Teresa M. Amabile found that creativity had more to do with the daily events of workers than productivity demands. For example, workers in a good mood were likely to have more creative ideas. Five management behaviors which the study found…
Business owners, particularly small businessmen look towards franchise a sure shot way to success. Right and wrong. Franchise is certainly a passport to success, however rate of success depends on many factors other than the franchiser’s products. Before you decide on franchise for a new product, consider the following – 1. Have a feel of your friends, relatives and colleagues…
The Pregnancy Discrimination Act prohibits discrimination on the basis of pregnancy, childbirth or related medical conditions and constitutes unlawful sex discrimination under Title VII. Women affected by pregnancy or related conditions must be treated in the same manner as other applicants or employees with similar abilities or limitations. A recent court of appeals case dealing with this issue points out…
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