The Problem With Being First
Customers and investors don't give much credence to a company that touts first-mover advantage as they do to the company that has the right product or service. Read story
Customers and investors don't give much credence to a company that touts first-mover advantage as they do to the company that has the right product or service. Read story
In past columns, I've stressed the importance of vision and developing a road map for your business, whether written on paper or not. Part of this inclu... Read story
Customers and investors don't give much credence to a company that touts first-mover advantage as they do to the company that has the right product or service. Read story
You can't get rid of all the risk of starting up a business, but you can certainly take a few steps to mitigate it. Read story
When used properly, mission and vision statements can be very powerful tools, especially for new and small firms. Read story
What legal form your business takes can have significant implications on your personal risk in the business as well as your potential for financial returns. Read story
One vital aspect that I often see entrepreneurs overlook in starting and managing a business is that of gross margin. Gross margin (sales minus direct co... Read story
I often hear the following sentiments from entrepreneurs: "Why should I write a business plan'¦things never happen the way they're predicted. I don't wan... Read story
Evaluate your business concept using the three "M's" before you start up. Read story
When you start a business, one of the things you will have to come to terms with is the fact that you can't be everything to everybody. This will be toug... Read story
A few years ago, a good friend of mine started a small recycling business that planned to serve corporations in larger metropolitan areas. He had what he... Read story
Every time you turn around, it seems like one big bank is merging with another big bank. Or, they're gobbling up smaller banks like they're going out of ... Read story
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