Businesses

BUSINESSES

    Resources on the main types of home-based businesses. Information on business opportunities, franchises, eBay, mail order, family businesses, network marketing, income opportunities, consulting, and much more.

    What is my business worth? It's a question I've asked myself hundreds of times over my 40-year-long ownership career. And valuing your business, as an exercise, is a great thing to do from time to time — it gets you thinking and dreaming, which is not a bad thing. But it wasn't until I started buying, expanding, and selling my own businesses that I really got a feel for what valuing a business means.

    Rebecca Clay is a woman that cannot be stopped, even when faced with life’s most difficult challenges. Always looking towards her next venture, be it business owner, champion water skier, or black diamond snow skier, the South Carolina native shows no fear. So when faced with the ultimate test of breast cancer, Clay used the same fearlessness and strength to add “survivor” to her long list of attributes.

     

    As the economy continues to tread water and remain stagnant with moderate consumer spending, many companies begin cost-cutting measures. Spending cuts always seem to begin with marketing expenditures. Small business owners are being forced to only use operating expenditures that produce quantifiable results and directly influence growth. The ability to accurately determine the return on investment (ROI) for a given initiative has become increasingly important in order to be able to provide value to businesses.

    More and more small business owners are selling their companies, with sales hitting a four-year high earlier last year in the United States, and Canada predicting its largest small business turnover ever in the next five years. Small business owners need to start planning years before they might, potentially, be ready to sell or hand off their businesses.

     

    Thinking about becoming an independent/free agent, working at or from home? Beware! Below are 10 signs that you just may not be cut out to be an entrepreneur.

    Craig Bailey produced his first episode of "Floydian Slip" 25 years ago for 106-VIC, a student-operated radio station at Ithaca College in Ithaca, N.Y. He now syndicates the program — producing, marketing, and distributing the show from his home studio in Shelburne, Vt. — to a network of approximately 50 stations.

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