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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
No growing company survives and prospers without some debt component on its balance sheet whether it's a small loan from family or friends or a line of credit from a regional commercial lender.
Values are one of the most important drivers of entrepreneurial success. Remember to reflect and clarify your values, formalizing them in writing, and live them as you make decisions in your business.
When it comes time sell your company, one of the toughest issues is communicating the process to employees. One positive way to do this is to establish a company culture rooted in honesty and openness, which can allay employee anxiety during a potential company sale.
Your company's unique characteristics guide your choices regarding executive compensation. Consider the current stage of company development, plans for future growth, intended liquidity path for company equity, and overall management philosophy around sharing financial information and rewards to help you determine what makes sense for your situation.
Most people are motivated more by the work they do and the environment in which they work than by the money they earn. Therefore, the compensation and reward systems you offer to employees should include both monetary and non-monetary ideas.
Building relationships and focusing on business terms with potential partners are key while not letting cultural differences get in the way while negotiating abroad. This seasoned negotiator in international transactions presents a comprehensive primer on how entrepreneurs can undertake effective global, business negotiations.
A business enterprise may be operated as a sole proprietorship, an unincorporated business association, or a corporation. In determining the form of business organization that an individual should enter into, consider alternative forms of business organizations, particularly LLCs.
Taking on debt can be healthy for a company's cash flow and sustainability, according to the author, who notes that the keys lie in ensuring debt is taken on for strategic purposes and that the company is ready to manage this important new relationship.
Real estate and insurance are cornerstones of a construction company founder's strategy for building and protecting both business assets and personal wealth. With the help of a financial advisor, she's sustaining her vision of leadership: to understand value, share profits and give back to the community.
The decision to offer employee health benefits is tough for any business owner. In approaching the issue, the first question an entrepreneur should ask is where health benefits fit into the culture of the organization. The answer largely depends on the kind of bond the entrepreneur wants to create between the company and its employees.
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