You may feel that success as an entrepreneur depends on hard work. However, hard work alone is not enough. If you want to be an entrepreneur, you need to know the basics of survival. Find a Mentor Every entrepreneur needs someone to lean on. Find yourself a mentor to whom you can talk about your …
Entrepreneurship and Innovation: Creating a New Business Model
If you feel that existing business models are not going to work for you, create your own. Business model innovation can give you the competitive edge you need for success. You can develop such innovation using the principles of a straightforward business structure. Designing Your Business Model Designing your innovative business model simply requires a …
Are These Five Problems Preventing You From Selling Your Company?
While most business owners have a dream of eventually selling their business, the reality is that most of them will never accomplish this. According to BizBuySell’s Insight Report, only about 4-5% of companies are sold each quarter. Here are five reasons that you may have difficulty selling your company. Not Finding the Right Buyer In …
How To Implement ERP Software
Enterprise Resource Planning software (ERP) is an invaluable addition to your business. It also presents some significant challenges that many business leaders are unprepared for. While the benefits of ERP software are tremendous, it requires a substantial commitment of time, planning and financial resources. ERP Software Research The first step is research. You need to …
How to Embrace Crisis as an Opportunity for Growth
The shock of crisis is nothing new. Anyone who expects things to stay the same forever obviously hasn’t paid any attention to history. Good times are followed by bad times and good times again. Booms and busts are eternal in free market economies but crises don’t affect everyone equally. Some people drown in a crisis …
California Business Tax Credits
Is your business taking advantage of all available tax credits? Tax planning is important to every business. Tax credits are an integral part of that planning and often can make an enormous impact on your bottom line. Unfortunately, many businesses and CPAs alike are not aware of the plethora of tax credit programs that are …