by Lea Strickland | Oct 5, 2015 | Budgets and Financial Tools, Business Articles, Business Management, Business Plans, Resources, Small Business, Start-up
One of my new clients is launching a brand-new business. This is the first time she has owned a retail business, and the setup of the operations is expensive. The building requires extensive renovations, and the basic equipment will be another huge investment. Then...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Small Business, Start-up
One of the recurring discussions in evaluating whether or not to make an expenditure is the “cost” of the product or service. Sometimes it is referred to as the “value” or the “price”. The more meaningful perspective for anyone – individual or organization, for profit...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Management, Business Plans, Execution, Leadership
An inordinate amount of your work time may be devoted to “fighting fires” and dealing with last-minute “emergency” situations. The “fire” may be an irate customer; a proposal for prospective client required by close of business today, or even the “normal” day-to-day...
by Lea Strickland | Jul 29, 2014 | 12-Steps to Start, Business Articles, Business Plans, C.O.R.E. Business System, Entity, Strategy
Previous articles focused on considering a business of your own, defining the elements, planning for the business, and then developing the business plan. Last month’s article ended by asking you to capture some of the questions and answers that you would ask of...
by Lea Strickland | Jul 31, 2010 | Glossary
Timing and means with which an investor (usually a venture capitalist) cashes the investment in a startup venture or a buyout arrangement. It is often planned with, and agreed upon, by the management of the investee firm and commonly occurs after an initial public...
