Because of the global nature of our economy, the world has become a much smaller place. You may therefore find yourself speaking more and more often to predominantly foreign audiences. This will necessitate learning a new set of ground rules for each country and each cultural segment you are addressing.
No matter how experienced a speaker you are, rehearsals are necessary each time you make a presentation.
Preparing for a seminar is not only hectic and time-intensive, it can also be incredibly stressful for the organizers. It's inevitable that something will go wrong. But you can stay ahead of the game and maximize the number of things that go right with some careful planning.
This is the final article on conducting a due diligence review when purchasing a business. This article lists relevant records, contracts, financing and credit arrangements, and brokerage commissions relevant to the transaction.
Administration includes all of the procedures, policies and records related to the day-to-day operations of the company. A well-run company keeps good, thorough, accurate records. You will need to review copies of all the administrative reco...
In our last post we discussed the importance of a due diligence review when you're considering purchasing a business, and covered the questions that should be answered with respect to the business' financial and corporate history. This week we talk about legal and regulatory matters, customers, goodwill, market share and potential for growth.
Today we start a 3-article series on how to conduct a due diligence review when you are considering buying an existing business. Part I of the series covers the financial, corporate and historical data you should look at with your accountants and your lawyer. If you're thinking about purchasing a business, there are many issues you need to consider and many documents you need to review with your legal and financial advisers before you close the deal. It's not only important to know the current status of the business, but also its past history, its long-term viability, future market opportunities, and potential for growth.
If you've ever lost a loved one, you know how difficult it can be to get through the pain and grief. Unfortunately, to add to the turmoil of this difficult time, there are also other matters that must be dealt with. If you're the executor or administrator of the estate, you will have to arrange for the funeral costs and other estate expenses to be paid, file the final income tax return, and locate all of the assets for distribution to beneficiaries. And if you're not the personal representative, whoever is acting in that capacity may need your help to perform his/her duties.
You've invested a lot of time, money and resources into your business - you need to protect not only the business, but also your employees, your premises, your assets and your future. You cannot afford to leave yourself exposed to unnecessary risk. Stinting on your insurance as a means of saving money is false economy - it's a short-term saving, at the expense of future viability.
Do you know what types of insurance coverage your business actually needs? Each ...
You've finally found an ideal location for your business, and you can start negotiating the lease with the landlord. But what should you be looking for in the commercial lease agreement? Before you sign anything, review the lease and make sure it answers each of the following questions:
1. Will you be given a copy of the building inspection report? If not, can you arrange for your own inspection?
2. Is a drawing of the leased premises attached with the demised area clearly marked?
3. What is ...
If you're starting up a business, cost drives every decision you make. And when it comes to business equipment, you need to determine whether it is most cost-effective and advantageous to lease or purchase the equipment necessary to your business.
There are essentially three options available for acquiring the equipment you need: a straight lease, lease-to-own (a "finance lease"), or outright purchase. The term "business equipment" can apply to anything you need for your operations, including ...
