Category Archives: Roundups

business plan roundup

Business Plan Roundup

business plan roundup

There are not many things more important for the success of any small business than a well written business plan. We have clients that have accomplished things because of a business plan such as negotiating a lease that gave the client time to build the business before the full lease term payments kicked in. Another client actually secured a government contract before they have the employees to fulfill it. Your business plan will be your roadmap to follow as you build your business. Simplified Business … 
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Legal Considerations Brief Roundup

Legal considerations are not to be ignored by small business owners. The easiest way to avoid any problems is to be prepared. Preparation should begin with choosing your attorney before you need one. Your Business Attorney What legal services can an attorney provide your business? Select and implement your legal form of business organization LLC: understand the benefits and limitations of this form of legal protection Multiple member LLC or partnership: draft operating and buy-sell agreements between partners Sub-S or schedule-C corporation: draft corporation buy-laws, … 
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Buying or Selling a Business

This brief roundup will give you the basics for buying or selling a business. Buying a Business It is a fair assumption that when an operating business is purchased, the intent of the buyer is to acquire a present or prospective profit generator – a known entity that will provide a reasonably predictive return on the investment. Buying a company is much like courtship. It is a process not known for rapid conclusions. Done correctly it is a long process that requires a great deal … 
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Financial Issues for Small Business Roundup

Having a firm understanding of the various financial issues your business faces can be the difference between thriving and just surviving. This roundup #2 of Financial Issues briefs will answer many of your questions. Our previous post can be read here. Key Financial Ratios Financial ratios are designed to measure aspects of financial performance. These ratios can be meaningful used alone, but are generally more useful when compared to other companies in the same or similar industries. These comparisons will identify variations from the norm … 
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Marketing and Advertising for Small Business

Marketing and advertising are critical areas for every business owner to embrace to help their business thrive. As the owner you may not be conducting the marketing but you should have a firm understanding. Our brief library contains content on all of the subjects below. Advertising Advertising is part of an overall Marketing Plan. It’s the way you reach your target potential customers, at the proper time, in the proper place. It is the way to get the word out that you are in business … 
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Starting a Business

This brief roundup will share five guides for specific businesses that you may want to investigate prior to jumping in with two feet. Often there are a lot more elements to be considered than we may initially think about when starting a business. Don’t start blindly instead be informed of what you can expect. Child Day Care Requirements in Cincinnati The information presentedvin this brief for the City of Cincinnati is intended only to provide a general picture of the industry, a partial checklist, and … 
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Taxes and Business Ownership

The ugly word none of us want to utter Taxes, especially business owners. You may not want to think about them but it is something you must know about if you are a business owner. Today we are providing a summary of the briefs available for tax information that is useful for every business owners. Tax Issues for Home Business If you are planning to conduct a business out of your home, you should be aware that you could be eligible to take a very valuable … 
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Everything a Start Up Needs to Know

Once again we offer you a roundup of the multiple resources available through SCORE. Starting Your Own Business Want to start your own business? Our best advice to you is “Be careful!” Why? Because more than half of new businesses fail in their first five years of operation. And, with that failure, the owner incurs a significant loss of time, money, and credibility and, frequently, his good credit rating. Business Information Centers Ohio, Kentucky and Indiana maintain information offices which provide start-up and operating businesses … 
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Greater Cincinnati Score Small Business Resources

  Greater Cincinnati Score Small Business Resources Score has an extensive library of business resource briefs to help entrepreneurs start and operate a successful business. As a new business, you have plenty of decisions to make even before you actually launch, including how to best organize your business. Each of these briefs will give you crucial information that will help you find the best solution for your unique situation. Choosing the Legal Structure of Your Business One of the most important decisions you will make … 
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