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The Entrepreneur

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Seeking Financing for a Service Business? Know Your Business Model
Babinec Martin
5/1/2002
Article Resource
Summary:

Service companies aiming to grow fast enough to attract financing need to address the weaknesses inherent in such business models, says the founder of a human-resources consultancy.

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Business Planning: Building an Effective Business Model
Sherman Andrew J
5/1/2002
Article Resource
Summary:

Effective business planning is critical to an entrepreneurial company's long-term success and its ability to raise capital and grow successfully. A properly prepared Business Plan should tell a story, make an argument and conservatively predict the future. All companies have different stories to tell, different arguments to make and different futures to predict, so they must resist the temptation to copy from others or to follow a rigid outline.

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When the Business Model is the People
Bakes Phil
5/20/2002
Article Resource
Summary:

A business model that aims to consolidate in the fragmented tour-packaging industry must rely on the entrepreneurial owners of the local businesses it acquires, according to the writer. A case is made for developing the people who will build the business, rather than, as is practice for many consolidators, putting them out of business.

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Mentoring Secrets for Women
Farris Denise
10/1/2002
Article Resource
Summary:

A helping hand from a beloved family member gave this author a gift more precious than a paycheck: the time and attention she needed to rebuild her career -- and her belief in herself.

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A Business Case for Formal Mentoring
Wayshak Corinne
10/7/2002
Article Resource
Summary:

Entrepreneurs can benefit from seeking to be paired for a fee with a mentor who provides guidance and support, says the author, who pursued such a formal mentorship upon the founding of her second venture. With new skills to learn in an operating company as opposed to her previous professional-services concern, this entrepreneur reports developing company-building tactics as well as respect for mentoring itself.

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Identify All Possible Exits
Link William J
11/1/2002
Article Resource
Summary:

Entrepreneurs must identify ways to exit a business at the onset, which enables efforts to be directed to a goal, writes the builder of two companies. The author, now a venture capitalist, outlines four steps for doing so.

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Understanding the Fundamentals of Succession and Transition Planning
Sherman Andrew J
11/1/2002
Article Resource
Summary:

Many entrepreneurs with family-owned or closely held businesses say the most difficult challenges involve deciding who will succeed the current generation.

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Exit Lessons From My Erstwhile Businesses
Moran Greg
11/11/2002
Article Resource
Summary:

A serial entrepreneur who has exited three businesses and launched a fourth advises that founders plan for how to get out of a venture even before they get in. A corollary is that the end game might not turn out as planned, the author writes, although the strategy keeps a founder focused.

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Ethics and the Entrepreneur
Lawton Jennifer
12/1/2002
Article Resource
Summary:

With the nation's ethics deteriorating in the wake of widespread corporate scandal, entrepreneurs need to examine questionable practices in their own milieu, such as inflating expectations to attract funding, writes the author. Included is a look at the unlikely course this former high-tech company founder has taken in order to adhere to principles.

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Legal and Ethical Challenges for Entrepreneurs in the New Age of Scrutiny
Sherman Andrew J
12/1/2002
Article Resource
Summary:

If you thought recently-enacted legislation to require greater corporate accountability was intended only for public companies, think again. Expect considerable spillover among private companies seeking venture funding or planning for acquisition by public companies, argues this legal expert.

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