The obsession of the new entrepreneur is always sales, because with no sales you have no business. However, often overlooked in the lust for sales is the absolute key, the correct price. [...]
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The obsession of the new entrepreneur is always sales, because with no sales you have no business. However, often overlooked in the lust for sales is the absolute key, the correct price. [...] The absolutely most deadly trap for new entrepreneurs selling their services is sprung when it comes time to state a price. Too many stammer, hem, haw, and underbid in a desperate attempt to land new work. Unfortunately, clients don’t want to hire desperate people, they want to hire success. Read on to find out how to price your products and services like a [...] The old saw of selling is “I’ll let you set the price if you let me set the terms.” What it means is that the Devil is in the details and if you are selling a business that you have lovingly built with your sweat and sacrifice (and that you now want to get the maximum value from) then you had better be prepared to get to know your buyer very well and be prepared to spend some quality time with your lawyers and accountants. Understanding what it is that your potential buyer really wants and what it is worth to her can be the difference between a happy and harmonious transfer and a would-be suitor and a jilted bride snarling at one another while the lawyers circle, cackling madly like [...] That new employee may be a blessing that will help you reach new heights of productivity and profitability, but when it comes time to prepare your new payroll you will find headaches and expenses galore that just might have you wondering what you have gotten yourself into. Learn your obligations concerning your employee’s payroll tax and avoid costly mistakes or, worse, running afoul of the [...] How much did I really make? Learn the secret of calculating your business’s net income! Don’t passively wait for the IRS to decide your fate if you owe taxes. Learn your options and potential strategies now, before it is too [...] You don’t have to have fancy initials behind your name to be able to prepare and understand your balance sheet. Whether you’re preparing your first balance sheet or just want to understand the one you have, this is the guide for [...] For a small business owner, understanding how to calculate and use return on investment can make the difference between success and disaster. Seize control of your business through this simple but incredibly effective [...] Know the essential steps you must take before you begin the process of selling your business. [...]  Being self employed is fantastic! There is no one to tell you what time you need to be at work or what you have to wear or to pay for your health insurance and for half your payroll taxes. [...] |
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