Organization: It’s Not Just for Closets

Last week, we discussed why you would want to be a statutory entity.  The two most common choices are limited liability companies (“LLC”) or corporations – whether that is an S-corp. or a C-corp.  Each are controlled by their very own set of statutes.  Chapter 183 details the rules and defaults for LLC’s while Chapter … Read more

Here There Be Dragons

Congratulations! You have decided to start a business on your own.  That is awesome!  Go forth and conquer; you got this.  But be ready for battle.  As those maps of early explorers pointed out: Here there be dragons.  Suit up accordingly. One of the easiest and arguably most important thing to carry is a shield.  … Read more

Magic Words

We have guest blogger this week, Craig Burk.  Craig is a speaker, facilitator, coach, and designer at www.craigburk.com, and one of the nicest, most engaged people you will ever meet.  If you want to feel better, more informed, and happy walking away from a conversation, have a coffee with Craig.  He is one of those people that … Read more

IP from Sea to Shining Sea

Your ideas may know no boundaries, but the protection of them does.  Intellectual property laws only protect the subject within the boundaries of the entity that created the protection.  There are three types of entities that provide intellectual protection:  States (or provinces), nations and regional intellectual property organizations. Nations each have their own intellectual property … Read more

Strategic Planning Wonderland

The King in Alice in Wonderland said, “Begin at the beginning and go on till you come to the end: then stop.”  For strategic planning, I agree with the first part, but vehemently disagree with the second.  Don’t stop!  Keep looking, moving, and revising as needed.  The world changes; your business changes.  Why shouldn’t your … Read more

Action Steps

Finally, it is time for action.  You have direction from your SMART goals; now it’s time to figure out how you are going to implement them.  Now is the time for specifics.  What needs to be done?  Use action verbs – create, attend, write, etc.  Identify exactly what – write two blog posts each week, … Read more

SMART Goals

You have your Strengths, Weaknesses, Threats, and Opportunities all plotted out, right?  It wasn’t just an exercise in creating charts.  Now you have to do something with it.  It is time to start your strategic plan.  If you don’t point your boat towards the water, you aren’t going to get there. Take a good look … Read more

SWOT Analysis

It’s the beginning of the calendar year, which means it’s a great time to look at your plan for the year.  Even if your fiscal year is already going, if you didn’t look at that plan before, do it now.  What’s that? You don’t have a strategic plan.  Well, what are you waiting for?  Someone … Read more

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