Most of small business owners have a plan or at least a thought of expectation that one day their children will join and later continue the family business. Still, it is not that simple. Very often, children are not interested in taking over your business or becoming a part of it. They are attracted to completely different kind of profession. These situations may cause conflicts and disappointments. Sometimes even a deeper family issues and misunderstanding. The only way to face this problem is to accept the wishes and aspirations of your successor and respect his/her strength. Your children are actually following your example! They want to make their own start and success. The sooner you are able to appreciate that, the situation will become more easy to handle with. Read more »
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Originally posted 2009-09-08 01:06:09. Republished by Blog Post Promoter
I was browsing the Web over the weekend and I noticed an advertisement for outsourced project on Elance. A person in China likes what Bizcloud has to offer and wants to reproduce it. I am just curious, our site is free and copyright laws and patents clearly do not apply to China. How can we protect our intellectual property? What do you suggest I should do to protect Bizcloud and the investment we have made? What would you do? Should I just take it as a complement and not worry about it? Should the IP’s from China be blocked or should I work on launching a Chinese version of Bizcloud? Bizcloud censorship? lol I am open to your ideas. The sad reality is that we do provide a hosted private labeled version of Bizcloud and this business could have contacted Bizcloud to license our technology. I have included a screen capture of the Elance project. We have contacted Elance and they clearly do not have a policy against copy cats on the Elance site and have not removed this project. From what I can tell they still have 3 days remaining to accept bids on this project. The good news is Bizcloud is free to use today and our developers continue to keep ahead of the technology curve. If you find the information in our bizcloud blog or on our site useful please help spread the word about our site. Thank you in advance. Vahid Razavi Originally posted 2009-07-29 09:08:49. Republished by Blog Post Promoter
Family company is not necessarily run by members of one family. It can be owned by unmarried couples or friends. There are also small businesses which are ownership of two families, of two individuals whose relatives become employees. In these cases it is very important to document your business relationship in a formal business-partnership agreement. The document should include duration of the agreement, partners’ capital contribution expectations, and divisions of profits and losses. Read more » It is a grim reality that more and more people are losing their jobs every day, and that there are no attractive job opportunities waiting for them. The options for those people are either to start their own business or buy a franchise. Franchisers argue that their proven business model offers people a bigger chance to succeed than starting a small business on their own. Read more » Originally posted 2009-06-17 07:05:37. Republished by Blog Post Promoter Having a web presence became the crucial ingredient for the success of any business, and small businesses are increasingly taking on that challenge. Once you have a website up and running, one of the very important things is to manage and monitor it properly. Small businesses that have, or are planning on having a web presence, need to be informed about the options that are available to them for web hosting. They can choose to either invest a bigger amount of money and acquire their own server, or go with an Internet Service Provider (ISP) hosted offerings. Read more » Your company website can be a tool for generating additional revenue for your business. There are several ways your website can bring extra funds, such as signing up with one of the advertising networks, through affiliate marketing, and more. Here are some of the most popular and most effective ways to get more money from your website: Advertising networks are among simplest ways to make money with your website. When you sign up with an advertising network, you will paste some codes on your website. The advertising network will then give ads relevant for your site and you will earn a certain amount of money for every click-through/impression. If this type of advertising will pay off depends largely on the traffic of your website. More visitors to your site equals more earnings. Read more » Last week, the Obama administration said it would try to make it easier for borrowers to apply for SBA loans, and for lenders to make the loans, which are guaranteed in part by the government. Read more » Originally posted 2009-04-07 02:41:46. Republished by Blog Post Promoter  www.Optimized-Results.com How many times have you heard, “it’s the economy” or “it’s a bad economy,” or even “the economy is crumbling” over the last year or two? What was an absolute line of nonsense has actually become a self-fulfilling prophecy due to its repetition and lack of challenge. When things started blowing up in the banking sector, everyone started playing “Chicken Little,” running around crying that the sky was falling. This illogical exaggeration has created an environment of panic and fear, and this is what is killing a once robust economy. We can absolutely turn this around, but I’m getting ahead of myself. When the banking/credit/lending bubble popped in 2008, rather than appropriately pinning it on the irresponsible practices of ONE Sector of the economy, the banks and the media painted this sector as The Economy, and everyone’s problem. That was actually a lie. (BTW, can you imagine being able to claim bankruptcy because you only made few billion dollars, or a 45% increased profit over the year before?) Of course not; you’re not a bank. At least Standard Oil didn’t file when they broke the Guinness Book of Records for profits in a single quarter. Twitter is a great tool that small business owners can use to reach their existing and potential customers. Using Twitter they can connect with a great number of people, grow their business network, and create brand awareness by interacting with customers through this highly effective communication channel. Twitter allows businesses owners to market their companies and gain the publicity they seek. If you do everything right, popularity of your business will increase and so will the sales and profit. Read more » |
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