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The Latest Questions Small Businesses Are Asking

Up and Running

A venture feasibility study analyzes an idea from several perspectives: market opportunity, competition, resources available, resource gaps, financial viability, operational issues, intellectual property rights, development timeline and technology needs. Develop an action plan considering what is working well and what needs to be improved.

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Maximizing Profits in the Healthcare Staffing Industry by Susanne Mariga

Mike Michalowicz

The Judge Group has heavily invested in their own team of in-house IT developers. The IT team has developed an internal applicant tracking system that allows the Judge Group to go to market quicker. Healthcare staffing agencies should find ways to leverage technology developments and custom tailor it for their needs.

CPA 76
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5 Benefits Of Expanding Your Business Into Global Markets

YoungUpstarts

Sjamsul Nursalim of Indonesia invested in Singapore property development to increase his $830 million net worth. As with your personal finances, the more diversified your business assets the less risk you carry. Look into each incentive carefully and discuss each one with a CPA if necessary. Asset Diversification.

Global 100
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A Simpler Plan for Startups

Up and Running

Business advisors, experienced entrepreneurs, bankers, and investors generally agree that you should develop a business plan before you start a business. You might develop a fairly simple business plan first as you start a small business, and that might be enough for you. The planning process should help her understand her business.

Startup 114
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Business Valuation: Determining The Worth Of A Company

YoungUpstarts

Reasons for a business valuation run a gamut from selling the business due to retirement or health reasons to financing expansion efforts to adding shareholders to a buyout situation. Strohl, CPA and founder of Protax Consulting, a firm that offers tax services to expatriate Americans , “everyone wants to live someplace warm and beautiful.”

Valuation 162
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16 Entrepreneurs Explain How They Make Bold Decisions

Hearpreneur

As an entrepreneur of a mid-size real estate development group, one of my strengths is being able to act quickly and to take bold bets with higher risk profiles than larger, conservative firms while also having more resources than smaller firms so I can manage the downside when bets don’t pay off as expected. Photo Credit: A Mueed Qazi.

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5 Critical Things Entrepreneurs Need to Know about Managing Their Company's Finances.

Small Business Force

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. If it's net 30, don't pay in 25, pay in 30. Offer discounts for early payment.

Finance 37