by Linda Fayerweather | Feb 3, 2013 | Benchmarking, Organization, Planning for Business, Selling, Selling a Business
Even if your business is still young – less than 2 years old, knowing the answers to this questions will help you grow a profitable asset for your future. One of the most intimidating aspects of selling a business can be facing the barrage of questions during...
by Tiffiny Fayerweather | Jan 21, 2013 | Ask Changing Lanes, Business Management, Business Planning, Employee Management, Planning for Business, Uncategorized
If your business is getting a little too much for you to handle on your own, you may need to make the decision on whether or not to hire a full time staff member or an independent contractor. Before making your decision make sure you understand the differences between...
by Linda Fayerweather | Jan 1, 2013 | Business Improvement, Planning for Business, Selling a Business, Uncategorized
If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck in the middle of your business, like a hub in a bicycle wheel? As...
by Linda Fayerweather | Nov 30, 2012 | Ask Changing Lanes, Business Planning, Planning for Business
Question: What are the basic parts of a business plan? Answer: Oh, yes, the business plan which is often called the biggest term paper you will ever write. Well, that is if you are getting financing from someone other than your family or self. And yes, this is...
by Linda Fayerweather | Nov 13, 2012 | Business Planning, Organization, Planning for Business, Selling, Uncategorized
Have you been thinking about selling your business but just can’t decide if now is the best time? Do you find yourself repeatedly analyzing the economic situation and wishing you had a crystal ball? The signs are mixed on the horizon. If you’re still up in the air...
by Linda Fayerweather | Oct 30, 2012 | Economics, Planning for Business, Trends
One of the most wonderful things about owning a small business is that you can look to the future, see a trend and take off in new directions. . . quickly. Most trends start with a “weak signal” like Ohio autumns start with foggy mornings in early fall – a weak...