Most Recent Questions in Grow Your Business
Question added to topic Grow Your Business • September 22, 2008
Where do I get a bar code for a book that I have written and how can I get the bar code label printed?
You can obtain an ISBN through R.R. Bowker, the U.S. ISBN agency. It is responsible for assigning ISBNs as well as providing information and advice on the uses of the ISBN system to publishers and... (more)
Question added to topic Grow Your Business • September 18, 2008
How do you put a dollar value on 19 years of sweat equity?
Wow, tough situation, tough question to be asking. There isn't a book somewhere that has this kind of thing written down. Ownership normally starts with shares, like shares of stock, even in small... (more)
Question added to topic Grow Your Business • September 18, 2008
How much money will I need to keep monthly cash flow going?
You're way off. Cash flow is about flow and timing: Factors like how fast you pay and how fast you get paid are vital, but you know nothing of that by just knowing the sales, costs and expenses.... (more)
Question added to topic Grow Your Business • September 8, 2008
What is a good rule of thumb for budgeting for conferences and seminars?
Your budget doesn't stand alone. It fits your strategy. Prepare a sales forecast you can live with, and then a cost of sales and expense budget to make sure you have enough money to cover costs and... (more)
Question added to topic Grow Your Business • September 8, 2008
How do I determine what percentage of the profit for a product I developed should be mine and how much should be the jobber's?
Pricing is magic. It's a combination of common sense, knowing your costs, understanding what drives your customers and making the deal a good value for everybody in the chain.
Standard margins... (more)
Question added to topic Grow Your Business • September 5, 2008
How can I find someone to run my business until I can sell it?
Not knowing what industry you are in, my general answer would be to go to a competitor and arrange some sort of vendor finance where you could get paid back over the next two to three years.
I... (more)
Question added to topic Grow Your Business • September 5, 2008
How can I monitor outgoing stock for a food-cart business?
For this type of business, you can determine a trend per dollar sold. Once you know your approximate level used per dollar level of sales, you can benchmark it and use it as a foundation for sales... (more)
Question added to topic Grow Your Business • September 5, 2008
I am thinking of locating my upscale clothing store in a brand-new strip plaza where the only other business is a barbershop that just opened. Should I choose this location?
You really want to be in a space occupied by a supermarket or dry cleaning business or other renters that generate good foot traffic, preferably in the type of demographic you are trying to target.... (more)
Question added to topic Grow Your Business • September 4, 2008
How do we structure future partner agreements (financial and voting) in a new pediatric urgent care center with three founders who are equal partners?
Professional limited liability companies, limited liability partnerships and professional corporations/associations can permit you to structure different tiers of ownership interests.
You can... (more)
Question added to topic Grow Your Business • September 2, 2008
When launching a complementary, add-on product or service or distantly related service, should we create a totally separate company or brand, or an in-house division?
Look at your current database as your greatest asset and keep your new brand under the existing business for the time being--but only if it is truly complementary to your current product or service... (more)
Question added to topic Grow Your Business • August 27, 2008
My partner doesn't bill or collect from clients; how can I deal with this?
Sounds like you have a big mess on your hands. I'm impressed that you've been able to operate without his share of the revenue. How much longer will the company be able to operate without these... (more)
Question added to topic Grow Your Business • August 13, 2008
How do I establish a Subchapter S for a business that has three divisions/brands?
You can certainly have three brands within the umbrella of a single company. You'll need an attentive and bright bookkeeper to set up your books to account for the three lines of business... (more)
Question added to topic Grow Your Business • August 13, 2008
As an existing 501(c)3 operating as a medical clinic in Florida, can we open a soup kitchen as a dba under the same status?
Generally, when you form a not-for-profit entity, you have to state the specific public purpose of the entity--for example, "a clinic to provide medical services at no charge to people living... (more)
Question added to topic Grow Your Business • August 8, 2008
How can I make my hair salon a multimillion-dollar business?
Start out small and do it yourself from your own store. You've got a retail advantage over someone in his or her home kitchen who doesn't have any retail "shelf space" whatsoever. Then... (more)
Question added to topic Grow Your Business • August 6, 2008
How can we clarify roles among leadership in a small, but growing, consulting/technology company?
First, realize you are still a relatively small company and too much emphasis is being placed on a seeming need for titles. The real need is to generate business and to draw up an organizational... (more)
Question added to topic Grow Your Business • August 6, 2008
I'm a restaurateur. How can I bottle and sell my popular cooking and barbecue sauces nationwide?
Start out small and do it yourself from your own store. You've got a retail advantage over someone in his or her home kitchen who doesn't have any retail "shelf space" whatsoever. Then... (more)
Question added to topic Grow Your Business • August 4, 2008
How do I find out what my competitors charge their clients?
Good question. There are several ways to determine where your fees fall. If there's an industry association, that's a good place to find out the range of fees in your area. Your local chamber of... (more)
Question added to topic Grow Your Business • July 31, 2008
Why do I need a traffic impact study?
Government agencies typically require a traffic study when there is controversy with a neighborhood group about your project or your development needs to go through an environmental review process.... (more)
Question added to topic Grow Your Business • July 29, 2008
How can I make my hair salon a multimillion-dollar business?
I've been in business for 17 years. I've hired independent contractors as stylists and also hourly people, which ends up costing more. How do I make this work? I've owned two salons at times, but... (more)
Question added to topic Grow Your Business • July 28, 2008
Should I restructure my small-volume discount levels to make them more competitive?
Yes, a price restructuring is needed. With an overall environment of inflation (i.e., a rise in the cost of basic goods and commodities, especially fuel), it's expected and understood that... (more)
About ASK ENTREPRENEUR
Ask Entrepreneur is a question-and-answer forum for and by the Entrepreneur.com community. Send in your burning business question, or comment on someone else's now.
Have a Question? Ask Now
Topics (over 1000+ answers)
- Starting a Business • (194)
- Franchises • (150)
- Sales & Marketing • (307)
- Technology • (19)
- Money • (199)
- Home Based Business • (33)
- Online Business • (13)
- Legal Issues • (217)
- Human Resources • (158)
- Grow Your Business • (195)
Don’t see a topic? Suggest One







