A lot of people want to own assets that earn them an income. In an ideal world, these assets are long-term, stable, and have the potential to be sold at a higher value. Just like most things can be found online these days, so can these assets. Websites, domain names,...
Do you know the difference between a joint venture and a business partnership? WE HAVE WRITTEN BEFORE about what makes joint ventures successful. Indeed, joint ventures are an appealing way to start a business because they enable two or more parties to create a...
Your wages, your name and your marketing I’VE BEEN WRITING about some of the 20-or-so questions I always think you should ask before you start a business. Some of them we cover in our Small Business Management Courses, and others may require you to do a little...
Business structure and needs analysis when starting a business There are about twenty questions everyone should ask before starting a business. Most of those questions we cover in our Small Business Management Courses, while others we assume you’ve already thought...
In a couple of our recent posts, we’ve talked about… well, we’ve talked about my family, largely, but we’ve also talked about things like planning and strategising and setting goals for yourself, as well as having confidence in ourselves. Now I just want to add one...
When you’re starting a new business, it’s important that you have a good grasp of the law to ensure you don’t find yourself in hot water later on down the track. We cover general and intellectual property law in our Small Business Management course, and we’ve also...
A little while ago, we published a post about goal setting, where we suggested that you start setting some short-term business goals that will help deliver your long-term business goals. The majority of people are familiar with long-term goal setting; it’s a...
In a previous post we talked about why and how you would go about protecting your business name, which we also cover in a lot more detail in the Intellectual Property and General Law module of our Small Business Management and Start-Up course. In this post, we thought...
In our Small Business Management and Start-Up Course, we feature a module about protecting your intangible assets, which relates to your intellectual property rights, such as your right to use your business name. Few people are aware of when they need to register...
In the module of our Small Business Management and Start-Up course that covers establishing legal risk and management, we talk about choosing the right business structure for your business. Depending on your circumstances – and your business idea, of course – you may...
In a previous post we talked about how important it is to plan and keep taking risks in business. A big part of planning is goal setting; in fact, the two are so intimately linked, it’s impossible to really do one without the other. In our Small Business Management...
We often talk about how important it is for businesses to make plans – marketing plans, financial plans, business plans; they’re all subjects we cover in our Small Business Management and Start-Up Course. The reason we suggest all this planning is that it helps you to...