How Small Failures Help You Avoid a Big One

American optimism has launched many businesses. But it’s all too easy for enthusiastic entrepreneurs to think that they can push through problems by sheer optimism. As I have found out in my years in business, though, if you don’t deal with reality, reality will surely deal with you. There’s actually recent scientific research to back…

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Consultant’s Corner: LP vs. LLP

Q. Is an LP the same as an LLP? If not, what are the advantages and disadvantages of each entity? LP stands for Limited Partnership, while LLP stands for Limited Liability Partnership. The two structures are very different from purpose, governance, and legal liability perspectives: Limited Partnership (LP) LPs are commonly used for long-term real…

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Friday 5 for November 1st, 2019

From Sole Proprietor to LLC: Here’s How to Make the Transition By Deborah Sweeney One aspect of entrepreneurship that is not often discussed is that the legal entity formed for a business at its offset does not need to be its formation forever. Entrepreneurs have the option to change… Read article Keep Growing and Stay…

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Reaching Non-Desk Employees

Non-desk employees are a major part of the workforce, and yet they can be disconnected from the most common communication outlet used today: email. If you are sending all your important messages over email, but you have workers who spend all day away from computers, as in retail, manufacturing, and many other industries, it can…

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Keep Growing and Stay Relevant

Is your business still relevant? Everyone wants their business to grow and succeed, and getting to a more successful stage is a great achievement. But you should never want to just stop there. Because when you get complacent, that’s when things start to turn and go the other way. So what can you do to…

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Fully Commit to Your Game Plan

When I decide to do something, I fully commit to doing it. If I think that something is worth doing, then it is worth doing right, giving it my full attention and best effort. It might succeed, it might not—but I want to give it the best I have. As a quarterback, the time to…

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Consultant’s Corner: Do I Need a Website Privacy Policy?

Q: If we do not collect customer data on our website, do we need to have a privacy policy? We have provided legal reference information and general business comments below for your consideration; however, since your GSB general business consultants are not lawyers and do not provide legal services, you should plan to consult your…

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Friday 5 for October 25th, 2019

The Heart of Customer Service is Respect By Shep Hyken Excellence comes out of respect, which is at the heart of customer service. It starts with internal service; treating the employees with the same respect and attitude as you would want the customer treated… Read article Small Business Mythbusters: Working Interviews By ADP Working interviews…

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Don’t Do These 4 Things When Business is Booming

Success in business is just as much cautionary as it is celebratory. When you start breaking even and gradually grow used to business being on the up and up, naturally you’ll be inclined to spend more money. Sometimes this spending is done for the greater good of the company’s ROI, like hiring new employees. Other…

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