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January, 2010
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| Keeping Your Business Going Following a Natural Disaster
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Especially, nowadays, it seems we can’t go long in our country without having some sort of natural disaster striking somewhere.It doesn'tif you don’t have earthquakes like California, hurricanes like Florida and the Gulf Coast, tornadoes like the Deep South and Midwest, blizzards like the Northeast and Rockies; you need to have a plan in place so you know what decisions you as a business owner will have to make when such an event happens without little or no warning. You want to be a
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| How to Approach the Selling Price of Your Business
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The topic of what the business price should be is two-pronged. On one end, sellers should never a.) Be rushed on giving a price, b.) Consider buyers to be within reason for asking about it at any point in the discussion and c.) Be realistic if they expect to complete transactions. On the other end, buyers want to know what sellers arepractical when it comes down to what they want for the business.
Different Approaches to Price
Pricing can be addressed as an overall value and then assigned
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| Managing Disclosure When Selling Your Business
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If you are looking to sell your business, you have to know that at some point in the sales process that someone inside or outside your organization will ask questions about your intentions – specifically, if the business is indeed for sale. The disclosure of appropriate information must be made to prospective buyers if serious discussions regarding the sale of business are to take place. Also remember that some discontent inside the business may be generated due to “unusual activity&
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| Importance of the Letter of Intent to Sell Your Business
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Having to drafta written understanding of what both the seller and buyer think they have preliminarily agreed to is important as the point of referencefor due diligence and the preparation of definitive agreements in the sale of a business.
Now most buyers are not interested in letters of intent because they may trigger a requirement for public news releases.Sellers especially don’t want to announce a transaction that could be derailed.
However, it is important to use a letter of i
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| Having Clear and Effective Standards for Your Web Site Design
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When you are putting together a web site for your business, you want to follow a particular pattern when someone is viewing that content. In general, people navigate and search in a certain way; therefore, you don’t want to have too many diverse sections when designing your web site.
There are some firm guidelines that you should follow when designing your web site:
Effective Home Page Design
With a home page, there are two main functions:
Provide the visitor with the co
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