This year, some 700,000 American businesses will be sold. Most will be small and mid-sized businesses like yours. If you, too, are thinking of selling, consider these practical steps for making the process go smoothly. Determine a Realistic Price Range Understand the Tax Consequences Prepare for a Sale Seek Potential Buyers Negotiate Your Deal Sign a Sales Agreement Plan for the Closing File Paperwork With the IRSNow for the GOOD STUFF!Getting...more
Wealth and Your Net Worth by C.C. Collins http://networthpublishing.comMost people know it's important to keep and organize all of your vital financial information. But knowing you should and knowing how are two different things!Once you know the reasons for being very organized with your financial data (and keeping it all in a very safe place) I hope you will put organization on your net worth building to-do list (at or near the top).You need to...more
Marie noticed that Diane seemed to be sailing through her career and receiving "nods" from the firm's partners. According to Marie, Diane was extremely successful in handling her cases, developing strong relationships with her clients and seemed to be building a successful career on all fronts. As a third year associate, Diane was viewed as a rising star in the firm and was getting several "choice assignments" many of which Marie had hoped to get. After inviting her to lunch, Marie learned that Diane had been working with a Professional Coach. During lunch, Diane credited her Coach with helping her develop a strategic action plan to help her: 1) improve weak areas in her performance, 2)enhance and strengthen her professional image and 3) get on the fast track to partnership. According to Diane, "Hiring my Coach was the wisest career move I could have made."One week later, Marie hired her own Coach.Professional Coaching is for lawyers who are ready to excel, enjoy a better quality of life and gain an edge on the competition.Let's face it, the legal profession is all about successful outcomes and lawyers are trained to succeed in achieving favorable outcomes for their clients....more
I once got a phone call from someone responsible for sales training at a large company. She said to me, "Mike, we need negotiation training for our sales force." I said, "Great, you've come to the right place." Then she said, "But do you teach that win/win negotiating where you build really good relationships but give away the store?" False choice....more
This week Congress introduced a bill titled, "Community Choice in Real Estate Act," to permanently ban banking conglomerates from entering real estate brokerage or property management. This is because some of the larger banking conglomerates have requested permission from the Federal Reserve Board to sell and manage real estate. Pretty much every...more
Credit is in every avenue of the modern day world, you can not make a major purchase without the use of credit this includes a auto or a home purchases. But, many consumers are unaware of how their credit stands, and are usually surprised when applying for a credit card and they are rejected. This is commonly due to negative entries on their credit report, or out-of-date information that does not match the information supplied on the credit application. Because of this the credit report has become the mainstay of judging a consumers ability to repay a debt, and the credit report is based on the past payment history of the consumer.Credit is not a new financial purchasing method, it has been around for a long time, but it wasn't until the early forties that it became a means of payment available to the everyday consumer. With the advent of the bankcard, a card that represented the issuing institution that was distributed by major banks is the reason credit became a major business; these bankcards later became known as credit cards. The banks would issue these cards to their clients as an alternative to carrying large amounts of cash, and it was commonly accepted only by merchants...more
Audio increases your sales. Point blank. Period. Recent studies claim that audio can increase your sales up to 300%. Independent studies by Terry Telford, from The Business Professional, have shown sales increases of 163% on one website and 79% on...more
You've had your interview and it went well. Now what do you do to make a lasting impression on your interviewer?Send them an interview thank you letter.While writing thank you letters isn't required (most people don't send them), it's very smart, as...more
Got an interview and wondering what to wear?Fortunately, this is one of those articles about how to dress for an interview. Maybe you've heard of dress for success job interview sites. While there may be more details you can learn online on the...more
You've just found a few jobs that you're interested in applying for, but now you realize you need a new resume to really get your foot in the door. While you can find lots of help writing a resume online for free and examples of resume writing, if...more
Early understandings make for the longest relationships.- Alan DohrmannDon't let legalese get in the way of a good deal.Most contracts are often written with complete disregard for the potential emotional impact of the wording. These are the things...more
How many books have you read about successful traders? How they did this or that and made a fortune and are still doing it. You say to yourself, "I'm going to follow his method and get rich".So you subscribe to his newsletter (they all have one,...more