Minority Shareholders Rights

Sometimes a client will approach us wanting to discuss taking on a partner/shareholder for the extra cash they can bring in. First I point out that if they are selling a portion of the business, they may have a capital gain issue on their hands. And two if the money...

Marketing Plan

Since my background is not in marketing and marketing is important to any small business owner, I try to read as much as possible on the topic.  I have no problem learning for others, both good and bad. One outlet has always been Terry O’Reilly’s CBC broadcasts.  The...

Passive Income Made Easy

I was reading an article on the internet that was encouraging its readers to supplement their income by generating a passive income stream.  They were trying to make it easy for the reader.  They even listed examples to assist. Create an online course. Invest in...

Advertising is not enough

I have been observing the progress for two radically different Not-For-Profits. For the first one, I am on the BOD and they have been a bootstrap start-up with little to no start-up money. The second has had a fortune poured into it, starting with a building. The...

Best Places to Start a Business

Inc. has a posting, listing of “These Are the 50 Best Places in America for Starting a Business”. In that list Chicago is number 36, after other Midwestern cities Minneapolis, Indianapolis, St. Louis and Milwaukee. Most of these are behind the obvious cities on both...

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