June 8, 2024
How to Increase Prices Without Losing Customers
Raising prices can be daunting but necessary to maintain profits. https://youtu.be/wttj06tl5aw?si=q17H-gAaFF8vZbGs Here are strategies to increase prices without losing customers:…
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Business
Browse 168 articles tagged with Business.
June 7, 2024
Difference Between Sub-Licensing and Assignment in Intellectual Property
Ever wondered about the differences between letting others use your ideas, giving them partial control, or handing over complete ownership? Let's break down sub-licensing and assi…
June 7, 2024
When Should I Offer a Discount?
Are discounts the golden ticket to draw in customers? https://youtu.be/VUcgUV5R01I It depends. Discount strategies can be good for business in some situations. But in other cases,…
May 15, 2024
Typical Consequences of Business Closures
If my business is dissolved, do I stop owing money right away? And what do I do first? https://www.youtube.com/shorts/JCA-3ZFzwkQ Many businesses cease operations for various reas…
May 15, 2024
Why an LLC is Better than a NonProfit
https://www.youtube.com/watch?v=to_gi7rWdtA When it comes to starting a business, which requires more work—starting a nonprofit or forming a limited liability corporation? The ans…
May 15, 2024
Understanding Director Liabilities in Business
https://www.youtube.com/watch?v=cIiUSChXFl0 Can a company director be held liable if the business shuts down? The general answer is that there is no personal liability if the dire…
May 11, 2024
How to Manage Defamatory Statements to Avoid Financial Loss
Can bad reviews and defamatory statements affect your business financially? https://youtu.be/ZJMauTLukm4 Bad reviews and derogatory statements against a business are forms of defa…
May 11, 2024
How to Know if Content is Available for Commercial Use?
https://www.youtube.com/watch?v=_LLEBGf7M7A It's a nightmare for creators to see their original work used without permission, but it happens frequently. Protections are in place f…
May 11, 2024
How Does A Succession Plan Work?
https://www.youtube.com/watch?v=QzsorHW6AoE Is a succession plan necessary for business owners? Absolutely! If you're a business owner, having a succession plan in place is crucia…
May 11, 2024
Effective Strategies for Managing Stakeholder Conflicts
https://www.youtube.com/watch?v=oFkLQ4S9tJ0 Is it crucial to resolve stakeholder conflicts swiftly in an organization? What does that entail? Stakeholder conflicts can cause disru…
May 11, 2024
How to Protect Against Defamation as a Small Business
https://www.youtube.com/watch?v=AW4SvC2ZA7s&feature=youtu.be The desired outcome for any defamation claim against a small business is a retraction or compensation. But c…
May 11, 2024
Main Advantages of a Conflict Resolution Process for Businesses
https://www.youtube.com/watch?v=oFkLQ4S9tJ0 Is a conflict resolution process necessary to run a business, or can’t we all just get along? It would be an ideal scenario if everyone…
May 11, 2024
The Impacts of a Demand Letter
https://www.youtube.com/shorts/OXeSHY6Ic10?si=Sbx3MvkZ3K7xKPQc Does sending a demand letter from an attorney work? Yes, it is one of the ways to formally request a specific…
May 9, 2024
Is it a Good Idea to Buy an Existing Business?
Is buying an existing business better than launching one? Forbes claims that “half of all businesses fail in their first five years.” This statistic highlights the risks involved…
May 2, 2024
1099 Contractor or W2 Employee (webinar)
Many employers struggle when classifying their workers. 1099 contractors have advantages of simplicity for the business owner. However, state and federal lawmakers make this diffi…
April 5, 2024
How Businesses that Service the Housing Market Keep our Economy Rolling
Building Houses, Creating Jobs: How it Helps Everyone Did you know, businesses that service homes are more than just doing work? The secret is that when the housing market does we…
April 3, 2024
3025% Profit? LOL, no.
Profit, margin, markup… What's the difference? I saw a video by a YouTube creator "Ronnie's Workshop" talking about how he made a wood-working project and sold it for a "3,025% Pr…
March 21, 2024
Will Hiring be Hard This Year?
Yes. Prepare for hiring challenges. I've already heard from several businesses that they're hiring and that they're struggling to find people, even for entry level jobs. This is a…
March 11, 2024
Should I buy a business or start one?
Why would you buy an existing business and not launch a new one? Find out! Buy a business or launch one? Doesn’t every real entrepreneur launch their own business? No. Not everyon…
March 8, 2024
How to find a business to buy?
You’re ready. You want to jump right into an operating business, and keep it running - even improve it. You DON’T want to launch a business from scratch. So where do you look for…
February 28, 2024
What is cash flow? Tips for Buying a Business
You need to know the cash flow of a business BEFORE you buy it. Let’s break it down. Cash flow in business is simply money coming in and going out. It’s money made and money paid…