Writing a business plan is easier than it sounds. You know, when people come to us and we talk about planning, people get scared. There’s something overwhelming about the concept of a plan – actually putting down what’s going to happen, assumptions, projections, thoughts about the future, talking about conditions. . . If you’re reading this you’re probably already getting … Read the rest
Business plans may sound boring, but they’re really important. Why are business plans so important? Why do they matter?
There are a lot of reasons why it’s critical that you have a good business plan. Let’s break it down a little bit. Let’s think about how and why business plans are so important. We discussed in an earlier blog the … Read the rest
I work as an attorney and business strategist.
One of the unique things about being in the position that I (and my team) are in, is that we get to see a lot of business plans. We’ve seen the good, we’ve seen the bad, and we’ve seen the ugly. There are certain lessons that we can take away from these … Read the rest
Last week, I spoke on The Three Laws of Empowerment at Tech Ranch. http://techranchaustin.com/ The room was full of a great group of entrepreneurs, and there was a lot of interaction in the room, and as always, I learned a lot from others when I spoke. One of my goals is to have a two-way conversation going during a … Read the rest
I recently read a blog article suggesting that person selling their business SHOULD NOT involve a lawyer in the process. I replied to the original blog, and since then the original blog was updated. Here is the updated version:
Planning Your Liquidity Event: Four Groups to Consult with Prior to Selling Your Business
I found this advice shocking! As … Read the rest
The following blog is from Valerie M. Nowottnick, a guest of McBride For Business.
I had a conversation with one of my out-of-state clients today. I’ve been assisting them with their office organization/management/start-up issues. They have had difficulty in finding competent, reliable support in their location. They hired a student who is currently attending a community college majoring in paralegal … Read the rest
Today’s workplace, consists of Millennials, Generation X, Baby Boomers and even some folks from older generations. Each of these groups brings unique sets of attitudes, values and work styles to an organization.
While each person is unique, social scientists have identified some characteristics common among different groups born about the same time:
Pre-Baby Boomers have a lot of knowledge that … Read the rest
If you’re going to be successful, and I do mean really successful, as in a great leader in your industry . . . you are going to have to fire up your business. You’re going to have to grow, and growing involves getting a team together. All of the most successful people have supporters. You’re going to need supporters too. … Read the rest
Negotiations are all about giving a little and taking a little. Everyone wants to save face, so be diplomatic.
#1 Research. Gather as much pertinent information about the issue as possible, before negotiating. In other words, do your homework. You cannot make sensible decisions without understanding the other side’s situation. Negotiators who prepare will outperform those who don’t.
#2 Be … Read the rest
All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.
