Partnership

Things to Consider When Choosing a Business Structure

One of the first things you need to do when setting up a new business is to choose a business structure. Whether it is a home business, a new e-commerce venture, or a startup that develops a solution for customers, the right business structure can determine the future of your business venture. Yes, you can make changes to the structure of your business at a later date, but … [Read more...]

Preventing Corporate Divorce: Why You Need a Business Prenup

Like domestic marriages, business partnerships can start off well, but over time and for a variety of reasons, the parties involved may choose to go their separate ways. This “corporate divorce” typically involves complex financial interests and more often than not, strong emotions. Whether you’re going into business with a spouse, family members, friends or colleagues, it’s … [Read more...]

10 Financial Questions to Ask Your Potential Business Partner

Entering a new business partnership can be as frightening as it is exhilarating —especially if it’s your first venture into entrepreneurship. As most entrepreneurs and business owners know, the creative, big-picture ideas are often where the passion lies. On the flip side, the finances can be a bit of a dreadful subject. However, having those tough conversations about money … [Read more...]

Corporate Clout: 4 Steps to Impressing a Potential Business Partner

Impressing a potential business partner does not have to include expensive dinners or trips out of the country. There are many different factors you can consider to help you with making a good impression. In fact, you may be surprised at how impactful taking into account the small details can be. Here are just a few ideas for you to consider if you have a potential business … [Read more...]

Succeeding in a Niche Industry: 5 Questions With Matthew Grisafe, President of AV Programming Associates

Matthew Grisafe, President of AV Programming Associates, a company that specializes in custom Audio/Video (AV) and control systems in high-end residences and commercial buildings, discusses his approach to business and how he has succeeded despite an unfortunate launch date. What are the primary service(s) or product(s) that your business provides? Our primary service is to … [Read more...]

Long-term Success: 5 Questions with Mitch Goodz, Owner of Good Sounds

Mitch Goodz, Owner of Good Sounds in Orange County, California has a been a successful audiovisual dealer and integrator for high-end custom homes for more than 30 years. He answers our 5 questions, giving us insight into this specialized industry. What are the primary service(s) or product(s) that your business provides? Good Sounds designs, engineers, installs and programs … [Read more...]

4 Important Things You Can Learn About a Person On The Golf Course

Trust is vital to every small-business owner. Can you trust an employee? Can you trust a business partner? At no time is that trust more important then when considering the prospect of a new-hire or a business venture with a new partner.  Sure - this person seems like a nice human being, they may be well-spoken, they may be smart and funny. But how well can you really know … [Read more...]