5 Ways to Create A Winning Business Partnership

Small business owners often choose a sole proprietor business structure when starting up. However, greater rewards may result from forming a business partnership with individual(s) who are complementary both personally and professional. Partnerships offer more freedom for business owners with shared business tasks and the potential to earn greater profits. Yet, according to the Small Business Administration (SBA)., over 70% of all small businesses are sole proprietors.

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How to Sell to Walmart and Other Big Box Retailers

Many small businesses view selling to Walmart or other big box retailers such as Costco as winning retail Olympic gold. Besides dramatically increasing a business’s profits and opening doors to other lucrative retail contracts, having your products on a big box retailer’s shelves gives consumers and other retailers the message that your company’s products are winners.

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Joint Venture Advantages for Small Business

Joint ventures can have great advantages for small businesses.Properly chosen and implemented, joint ventures can be a great way for your small business to get in on opportunities (and profits) that otherwise you would miss out on. I like to think of them as diamonds on the beach. You see the diamonds lying on the sand but try as you might, you can't pick them up – until you team with someone else who knows the trick of scooping them up.

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The 7 Things Angel Investors Are Looking for in a Business

Angel investors typically reject three-quarters of investment proposals sight unseen – even though angel investments are one of the most popular forms of financing for businesses and angel investors are always looking for new opportunities to invest in sound, well-managed companies. How do you get an angel investor to invest in your business? What are angel investors looking for?

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Small Business Bankruptcy in Chapter 11

Chapter 11 is a type of bankruptcy that allows a business to continue operating while it reorganizes its financial affairs. Chapter 11 is also available to individuals, but not many individuals take advantage of it because it is labor intensive for the attorney and expensive for the client. Likewise for businesses. It is a fact that many businesses have used Chapter 11 to successfully turn around operations, but it remains a a messy, expensive, and time consuming proposition for most businesses.

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