A good business partner is essential for the success of any business venture. A partner brings complementary skills, knowledge, and resources to the t...
Why does an author need a business plan for their book?
While many authors may view writing as a creative pursuit, it is important to recognize their book is also a “business”. Failing to develop a busi...
Why is a business plan essential for AI driven businesses?
Artificial Intelligence (AI) is becoming increasingly popular as a means of achieving efficiency and driving innovation. AI has the ability to process...
Why is it an injustice to start a business without a business plan?
“The biggest injustice in business is bringing a business into the world and not being able to offer it peace.” Businesses are often seen ...
“Slowly is the fastest way to get where you want to go with your business”
The phrase “slowly is the fastest way to get where you want to go with your business” is a reminder success in the business world often re...
Why is writing a business plan crucial to starting a business?
“Business is easy, it is us who complicate it” The act of doing business itself is not difficult or complicated. Instead, it is people who...
What are the key factors to consider when taking over an existing business?
Buying an existing business can be compared to buying a house that is already built. Just like a house, an existing business has a history and comes w...
Why do you need to present a business, not an idea to attract an investor?
Investors hear ideas on a daily basis. While many sound great, they may not be viable. You must be a business with a model that scales, a product or s...
What is the difference between a business partnership and an investor?
You have an idea for a new business venture. You’ve done your research, a business plan and all other business strategies needed (don’t fo...
If you secure a patent, do you still need a trademark?
The straightforward answer is yes! A patent and a trademark are two different types of intellectual property protection. A patent protects an inventio...
Why are trademarks so important to franchising a business?
Trademarks are so important to franchising a business that they help to protect the franchisor’s brand. A trademark is a unique identifier that is a...
Why does every business need an Exit Strategy from the start?
Picture yourself in a room, building, or house, having multiple available exits is more than a matter of convenience, it is a matter of safety and com...