How to Value and Assess your Business from wikiHow - The How to Manual That You Can Edit One of the most important steps you will take towards buying a business will be to make a sound judgement on the viability and true worth of what you are buying. The following are the main sources you should use to evaluate a business for sale: Steps to value and assess your business Ask to take a look at the balance sheet of the business. This should give you records for accounts receivable, inventory... Read Full Story
In addition to being an emotional idiot , I'm also a complete and utter technological idiot. First I buy Illustrator 5.5 off eBay only to find out that it is too old to run on my MacBook. After a few emails to some very technologically hip friends, I found that out. Not, however, before going to Office Depot and purchasing an external drive with hopes that the software would be usable. Here is a picture of Brett, the salesman at Office Depot who helped me with my totally useless purchase... Read Full Story
Ted Murphy is one of a kind. He’s an incredible entrepreneur and plows ahead regardless of the obstacles. It’s really great to know this guy, because he’s shown me that good things happen if you keep working hard. It’s been an interesting ride to watch Izea grown out of PayPerPost. I was really excited when I saw everyone that would be speaking, as well as the topics they covered. Jeremy “ShoeMoney” Shoemaker was there, and honestly, it was the “back story” of his life that really held my... Read Full Story
If you’re new to the online world, and you’re looking to make an impact, put your business online. You’ll also want to create a blog, which is something I’ve mentioned in the past. Today I want to share a program that will help you get started, if you’re not sure how to make a strong blog, or how to promote it. I’ve been an online presence for over 2+ years. Honestly, I’ve been online for about 12 years, but really started to make a mark in the last 3 years or so. I’ve dabbled in blogging... Read Full Story
While at Izeafest, one of the speaker panels that I had a lot of interest in was the “Growing Traffic” panel. I knew as soon as Dr. Tony Hung, the moderator, got up to speak, this was going to be a good panel. I was right, and as soon as the first person started talking I was hooked. That first person was Lea Alcantara, and what she talked about was branding. It was something I needed to hear more about. I’m going to share some of the things she shared with us. It’s easy to tell others how... Read Full Story
Beverly Mahood and other musicians like her are utilizing social networking sites like facebook and myspace to promote their CD releases. The Academy of Country Music changed the voting for Entertainer of the Year from the academy to fans votes. To make it easy for fans to vote for Entertianer of the Year the votes were collected via an internet poll. Kenny Chesney made the comment that, " But I don't think it's right that they picked the one award that means the most, that all the artists... Read Full Story
My labels are done! Well, sort of. After talking with the people at Renaissance Printing—which were hundreds of dollars cheaper than any other place I called throughout the country—I decided the design Isaac did wasn’t going to work out logistically. I wanted the text orange and red. Well, Renaissance didn’t have orange ink available for a 2 color job. They have standard colors and for some reason, orange just wasn’t one of them. Okay. So I decided to go with red and white print on a full... Read Full Story
Here are some accounting tips for the small business beginner. It’s hard to know what to keep, what to record and what’s important. When starting a small business, one of the main things you need to do is separate your records. Personal records should be separate from your business records. Don’t mix them together, or you may confuse them when doing taxes. I wasn’t very good at this in the beginning, and it was confusing! Learn from my mistakes. It’s also important to keep good records. I... Read Full Story
Proof that you can have your cake and sell it too, is the Crabapple Cupcake Bakery.
The Melbourne based business sells about 10,000 cupcakes per week, with 40% sold through the Crabapple’s three Melbourne stores.
Founder Jennifer Graham didn’t have plans to be so large when she started the business in 2001, she was simply looking to sell some cake-stands at a local market and made some cupcakes to place on them.
Needless to say, the cupcakes sold well, although no mention of how the... Read Full Story
Pictured above is my home office. As you can see, it is not an office at all but rather my kitchen countertop. This is where I pay the bills, balance our family’s checkbook, cook lunch, pour jam into jars, label the jars and pack orders for shipment. When we move in three weeks, things will be different. I hope to upgrade to an actual desk. Also, I plan on having a table for order shipments set up in the garage. And the cooking of jam will be done in a rented commercial kitchen—something I... Read Full Story
