WHY “ANGEL” INVESTORS ARE GOOD FOR BUSINESS Angel investors are wealthy individuals who provide capital to help entrepreneurs and small businesses succeed. They are known a “angels’ because they often invest in risky, unproven business ventures for which other sources of funds – such as bank loans and formal venture […]
HOW A COMPANY’S RESOURCES CAN BE ALLOCATED IN A WAY CONSISTENT WITH ITS MARKETING OBJECTIVES (PART 1) Companies that achieve total market domination have all of the resources, including the personnel, the products, and the vision that are necessary to develop a world-class business. And they have a detailed step-by-step […]
WHAT FACTORS DRIVE CUSTOMERS’ PURCHASING POWER? (PART 1) Many companies make the mistake of thinking their customers make purchase decisions based on one or two purchase factors that they think are key purchase criteria, such as price or product availability. But this is rarely the case. Customers usually base their […]
KEY GUIDELINES IN SELLING A BUSINESS (PART 2) Many business owners eventually decide to sell their companies, though the reasons for such divestment vary widely from individual to individual. Some owners may simply wish to retire, while others are impatient to investigate new challenges – whether in business or some […]
KEY GUIDELINES IN SELLING A BUSINESS (PART 1) Many business owners eventually decide to sell their companies, though the reasons for such divestment vary widely from individual to individual. Some owners may simply wish to retire, while others are impatient to investigate new challenges – whether in business or some […]
FRAMEWORK FOR DETERMINING WHAT TYPE OF BUSINESS ALLIANCE IS REQUIRED The framework for determining what type of business alliance is needed is a high-level framework and can be determined by answering the five questions listed in Figure 1. Each question is reflected in a separate step in the framework, with […]
FRAMEWORK FOR DETERMINING THE NEED FOR A BUSINESS ALLIANCE Defining “Alliance” The definition of the word “alliance” varies from executive to executive, company to company, and industry to industry. Companies that have entered into alliance don’t necessarily agree on what is meant by “alliance”. The fact is that there are […]
HOW TO CRAFT EMPLOYMENT CONTRACTS Employment contracts are written agreements between an employer and an employee that detail the workplace duties and responsibilities of the employee and the compensation that the employer provides in return. Employment contracts typically lay out the wages, bonuses, vacations, medical leaves (including maternity/paternity), stock options […]
FUNDAMENTALS OF WORKPLACE PRIVACY Employee privacy issues have surged to the forefront of the business press in recent years, spurred by the changing workplace dynamics and a litigation-conscious business environment. Observers say that advances in telecommunication, coupled with heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring […]
EMPLOYEE LEASING PROGRAMS Employee leasing programs are arrangements in which businesses lease their employees through an outside contractor that attends to the various personnel-related activities commonly associated with human resources management. Employee leasing programs have become particularly popular among small- and mid-sized companies, who view leasing as: a viable option […]