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Ask Entrepreneur - Grow Your Business

Grow Your Business

What's the best way to lay out a plan for long-term growth?

We are a 4 year-old fence installation company. A few years ago we had plans to expand our business by selling fence products, staining fences and penetrating the commercial market. This year we wil...
Money

What do I do when my main investor passes away and I am in another country?

I'm currently in Africa with building my non-profit business charity and have found myself without the funding I had expected from this investor. I have a website that is being built, but at this poin...
Money

What are the key ingredients to attracting and securing capital investors to your business?

I'm moving into a space where our business is seriously considering raising extra capital to finance further expansion. We've experienced great growth after our first first years operating and are rea...
Marketing

How do you obtain a sponsorship?

My company throws different events throughout the year and gives a large percentage of the proceeds to charity. It is a great opportunity for companies going after the same demographics that we aim at...
Legal Basics For Startups

Do teens starting a small after-school business have to have a license or register their business?

We are developing a program for teens in a community center to learn how to set up their own businesses (such as landscaping, pet sitting, jewelry making, etc.). What regulations govern these business...
Starting a Business

How can a minor obtain a business loan for a start up?

I like many other 16 year-olds, I do not have thousands of dollars to pull out of my pocket. However, I do believe I have great entrepreneurial skills. I think I have nice-looking layout for an e-comm...
Starting a Business

What legal issues arise when trying to start a business under the age of 18?

I am a 16 year old sophomore in in high school and would like to start a mobile auto-detailing business. I have read E-Myth and a book on starting your own auto detailing business. The only thing that...
Legal Basics For Startups

How do I legally resign from a corporation?

I was involved in a business for 10 years and now I just want out. My business partner wants to keep the business running. The business was incorporated in the state of New York as a Chapter C-Corp....
Money

Can we pass our business down to our children for free without any tax consequences?

My husband is the sole proprietor of a business and I am the bookkeeper/receptionist. My two sons are HVAC techs and do the work that brings in the money. We are of retirement age and would like to ju...
Legal Basics For Startups

How do I terminate a commercial lease?

My lease states I can only operate on these premises as a gift and apparel store. My store is within a strip mall which is owned by the same person. The tanning bed company next door to me has now a...
Legal Basics For Startups

Do I need permission to post celebrity pictures online for my salon's new website?

My website will have questions and answers, hair tips, etc., for men and women. This is all new to me--I'm really not computer savvy at all. I noticed a lot of salon websites have celebrity pictures...
Legal Basics For Startups

Why is it wrong to accept gifts from vendors?

What are the legal and moral implications of accepting gifts from vendors? Are there any human resource policies that affect this kind of activity?
Business Ideas

Is the website designing business over-saturated?

Can you still make money designing websites or is the field over-saturated? How do you differentiate your website designing business enough to make it, if it is possible?
Marketing

How can I advertise my new green advertising firm?

I live in Greece and green advertising is still in its first stages here. All green advertisements lack quality and effectiveness. That's why I have decided to open up a consulting firm for green prod...

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