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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
This "best practices" article explains, from the entrepreneur's point of view, the finer points of retaining customers, a practice that costs one-fifth as much as acquiring new ones. The article provides specific, practical suggestions for retaining external customers and ensuring positive relationships with internal customers (your employees.)
This tool will take you through the step-by-step process of developing a business plan that includes all the basic elements needed.
By using the steps in this tool, you will be able to better identify opportunities for change, determine if you are ready for change, recognize what your customers want and create the proper environment for change in your company.
Consensus, conviction, expertise, and an inspirational vision. "Smart" entrepreneurs may rely on the like, but they don't guarantee success. Guy Kawasaki shares ten ways of avoiding mistakes that happen in spite of the best intentions.
This article suggests that there are five key relationships that entrepreneurs running growth companies should work on developing: relationships with customers, employees, vendors, bankers, and mentors.
This article provides a helpful list of commonly used terms in the technology and entrepreneurship realm, including barriers to entry, discounted net present value, and the long tail.
This article is a fine overview of the elements necessary for instituting successful change. Key is "human capital management," which means that your people must be a part of the process from the beginning.
This article, published by a law firm, details the major components typically involved in the buying and selling of a company, including the purchase and sale agreement, confidentiality agreement, and letter of intent.
Business owners and their advisers should carefully plan and take appropriate steps to avoid litigation traps in selling their companies, such as not performing due diligence on potential buyers or signing an ambiguous letter of intent without a counsel's review.
A summary of major tax consequences related to selling a business is provided in this article. Issues covered include capital gains tax, tax treatment of individual company assets, and a discussion of state tax obligations.
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