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I went to the funeral of a client this past weekend - a client with a very successful business.  It got me thinking about what happens to a business when the owner dies.  Of course if it is a large business with a lot of employees, there are steps in place for when something like this happens.  But what happens to a small business?  The family could take over.  New Management could come in.  ...

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When it comes to your new business there will always be someone to tell you what you are doing is wrong.  Your significant other, your best friend, your mother-in-law, your neighbor.  Everyone has an opinion.  But sometimes the one with the strongest opinion is that little voice in your head.  You need to tell it to be quiet. Don't get me wrong.  There may be a very good reason why that litt ...

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You have come to the section on your business plan template where you need to define your niche market.  Do you really need to specialize?  Why not just get business wherever you can? In the beginning, marketing money is usually tight.  You want to make sure you are spending wisely and not stretching yourself too thin.  By knowing who your niche market is you will be able to target your adver ...

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You have this wonderful idea and are sure you can make money with it.  You have decided this is what you want to do and nothing can stop you.  Congratulations!  You are entering the exciting world of the business owner.  What do you do now? Depending on the type of business, some of you will just forge on.  Others will start with a business plan.  Is that really necessary? A good business ...

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