Every startup takes passion. With a nonprofit startup, that passion is usually a vision for creating a better community, helping people in need or providing some other critical service. And just like a commercial startup, nonprofits require a sound business plan. So many of the initial steps are the same when you have your sights […]
Starting and growing a business is complex and it’s impossible for you — the business owner — to know all the answers. The more information, talent, and resources you can access, the greater your chances of success. Advisory boards can help. No matter how small or large your firm is, you can benefit from building […]
The adage, “Don’t put all your eggs in one basket,” holds true on every day of the year except Easter. And for many small businesses, it’s advice that should be considered quite seriously—especially in this digital age when product life cycles and customer sensibilities change more quickly than the leaves in Vermont come October. Hollywood […]
In the Medieval times—the age, not the dinner theater—all they had to worry about were the bugs that lived on rats. Today we have to contend with super bugs that resist the most powerful antibiotics, along with bugs, viruses,Trojan Horses, malware and hackers that plague the virtual world. For a small business, combatting this phalanx […]
I know a couple who owned and operated a small motel in a rural corner of Northern California. There weren’t many lodging options in the area, but their facility was small and it didn’t create a very good cash flow. Every so often they would try to find ways to increase revenue. The husband would […]