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Most Recent Questions in Grow Your Business

What Can I Do When an Investor Freezes Funds?

Luckily for you, this leopard showed his spots early in the game. You may be right -- that your partner has violated certain provisions of your operating agreement. Putting in all the money and... (more)

How Do I Protect Myself from Lawsuits?

Unfortunately, there's no way to prevent someone from suing you. You can be sued, even if you didn't do anything wrong. For example, reasonable minds could differ as to whether you were negligent... (more)

Should I Sell My Franchise?

Many businesses have been struggling in the past few years. Here's the bottom line: 1. It's nearly always hard to sell a business that's not operating successfully, especially in a tough market.... (more)

Is it OK to Ask Hourly Workers to Not Work on Holidays?

I am assuming that the reason that you do not want hourly workers putting in time on company-observed holidays when exempt employees are not at work is because the hourly workers would not be... (more)

How Can I Get More Site Traffic?

More traffic and better conversions can come from many different types of marketing initiatives, so here’s a basic summary of the main ingredients that typically go into increasing website traffic... (more)

How Can I Avoid the Pitfalls of Paying Commission?

A business owner can't do much to avoid the pitfalls of paying commissions, apart from capping them or not offering them at all. You sound as if you're considering commission-only positions. In... (more)

How Do I Make a Sales Forecast?

You're not the first to ask this, and you won't be the last. There are lots of free, easy-to-use templates for download online that will list the types of data you (more)

What's the Best Way to Find Quality Leads?

Cold-calling is an art, and it's also a pain. Nevertheless, it's necessary if you have no other way of generating leads. The medical industry is hard to crack because its professionals often... (more)

What Regulations Do I Need to Consider Before Opening a Restaurant?

Opening a restaurant/bar involves the same issues as starting any other kind of business -- and then some. You need to be concerned with forming a business entity. If you have investors... (more)

How Do I Force Out My Partner?

When it comes to kicking out a business partner, you have three options: Follow the procedure set out in your operating agreement, negotiate a different deal altogether, or go to court. If you... (more)

Is Bluetooth Marketing Effective?

Bluetooth marketing is part of a larger sphere of marketing known as location-based marketing or proximity marketing. The idea behind proximity marketing is that the proximity of a prospect or... (more)

Can I Pay a Part-Timer for Additional Piece Work?

Based on your description of the nature and arrangement of the offsite work, I believe that you can do this. You must be careful that the employee is not working more than 40 hours a week doing... (more)

How Long Must I Hold a Job for an Employee on Medical Leave?

This is bad form on the part of the employee. But your company should have a policy in place that instructs people on the proper protocol to follow if they are out of work due to personal illness... (more)

How Can I Advertise on a Budget?

The question isn't really about where you are, it's more about how much time you have to put into low- or no-cost strategies in marketing and promotion. A small budget doesn't mean you will have... (more)

How Do I Choose a Partner for My Invention?

I'm sorry to be discouraging, but I am very skeptical about the possibility of selling an invention to a manufacturer. That rarely happens. The value in an invention materializes when somebody uses... (more)

What Does a Business Plan Really Need to Include?

Form follows function. What's really necessary in a business plan is what it takes to manage your business better. That means that a lot depends on what you're doing wit (more)

How Do I Find a Partner for a Franchise Business?

It sounds like what you're interested in finding is an operating partner rather than a financial partner.  If that's the case, your mission is fairly simple.  The first thing you want to do is to... (more)

Should I Buy a Franchise in a Crowded Market?

Just because there is a lot of competition in an area doesn't necessarily mean that it is a bad business to go into. It could mean that there is huge demand for the product or service the business... (more)

How Do I Resign from an S Corporation?

If you intend to resign, you’ll first want to speak with the bank to find out whether they will release you from your personal guaranty. Just resigning from the corporation does not automatically... (more)

How Do I Stop a Competitor from Using My Name?

Unless you have filed for trademark protection for your company name, you’ll have a difficult time stopping others from using a similar name. The Secretary of State (or local county clerk) is... (more)
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