FUNdamental Business Basics
Business FUNdamentals is about organizing plans and resources toward the best use to help you reach your business goals. Let's focus on key insights about being an administrator for our entrepreneurial endeavors.
What it Takes To Go Public
In business, as in life, timing is everything. While today it may not be the ideal time to launch an IPO for most companies, it is the time to prepare for the future.
Have you ever wanted to write a book, fiction or non-fiction, but you just couldn't get it started, or didn't have the time, or couldn't think of a plot or had writer's block, or didn't think you had anything important to say, or didn't think you had the writing talent, or had something else that was stopping you?
Women in the luxury arena in the last 15 years have accounted for upwards of 70 percent of the major buying decisions. Now that number, says the Fleishman study, which was recently presented to members of The Luxury Marketing Council, could be as high as 90 percent of all buying decisions.
Life consists not in holding good cards but in playing those you hold well. - Josh Billings
We are born into this world without the advantage of choosing our environment. Our parents, our gender, our skin color, our financial status are all out of our control. Once we become adults however, the table turns--we chose, either consciously or perhaps by avoiding making a decision. Either way we are playing our cards. Sometimes we win and sometimes we lose.
If you have a high individual net worth or you are working toward a high individual net worth, you need to understand the power of a marital property agreement, both before and after marriage. It is my position as a business attorney with family law experience and as a business owner myself that marital property agreements are like Cinderella: mistreated and overlooked in their real value to business owners and their families. Cinderella was a gorgeous, sweet step sister hidden and mistreated by her stepsisters and stepmother.
To create the best and most rewarding year ever in business, figure out where and on what to focus your efforts. This is accomplished by creating a vision and then setting goals. In that order, because before you can define your goals, you need to step back and consider the big picture. Start by designing your ideal life. If all your dreams came true, what would that look like? Feel like? Sound like? Use all of your senses to imagine it in as much detail as possible. Create an exciting vision of your future and then write it down.
There are a great many types of home based businesses and there are numerous reasons why people choose to start a home based business. Some of those reasons include:
1. Dissatisfied with their present employment situation.
2. Out of work due to being laid off or downsizing by their employer.
3. A need to be home more with young children, an infirm family member, or aging parents.
4. A yearning to be their own boss.
With energy prices going up and the job market staying flat, a great many of us are thinking about starting some kind of business to earn some extra income.
You're probably also thinking in the back of your mind that your business could take off, make a lot of money, and you could say good-bye to your boss, commuting, and spending so much time away from home.
Good for you! I KNOW you can do it and here's why.