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Using the Professionals
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One
of the most difficult aspects of starting and running a small business
is knowing what are the requirements for compliance with the law and
government regulations and what business pitfalls to avoid.
There
are at least 3 important professionals whose services are invaluable to
the beginning entrepreneur: the lawyer, accountant and banker. Sooner
or later, though, you'll be hiring other professional to help you in
some aspect of your business.
Here's a list of professionals and an idea of what each one can do for
you.
The
Lawyer
The Accountant
The Banker
Other
Professionals
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THE LAWYER |
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A lawyer can offer you expert advice on
establishing a small business, buying an existing business, or
evaluating a franchise opportunity. He or she can also help you draw up
a partnership agreement, plan for expansion through incorporation, sale
or purchase of business, provide research and advice, etc.
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THE ACCOUNTANT |
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Many businesses use the service of an
accountant to put their income tax information together once a year.
The good accountant can provide you with much more. He or she can help
you interpret financial information so you can make business decisions
based on facts.
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THE BANKER |
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When you open any form of business with a
bank, you can usually call upon the training and expertise of its
professionals to help you start and build your enterprise. You should
tell him/her about your business idea at early stage.
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OTHER PROFESSIONALS |
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Every business revolves around making
decisions, often risky, usually with incomplete information and too
often in less time than we need. Business owners and executives at
every level, in every industry, are confronted with information
overload, less leeway for mistakes, and a business environment that
changes rapidly.
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RELATED INFO |
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Market
Research
Your
Product Or Service
Your
Customers
Your Competition
Getting A
Financial Picture
Business Guide
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RECOMMENDED
LITERATURE |
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A Basic Guide for Buying and Selling a
Company - This outstanding guide contains all the essentials
with regard to the interaction of people transacting for small
businesses and how to maximize your chances to obtain fair deals.
Explains how to effectively use a business broker, methods of payment
available to the buyer, deal with an attorney, how the seller prices
the company, and much more.
Women In Small Business - Setting Up Your
Business Right The First Time - This book provides
a road map of suggestions, insights and techniques for business women.
It covers the entire business process step-by-step. It shows you how
you can plan your way to business success. Learn how to create a wildly
successful business regardless of what type of business you are in.
There are 8 components to the entire system, all compiled and divided
into individual chapters with wall-to-wall information. Each chapter
contains highly detailed information broken down for you.
Project Management Basics -
Project Management Basics is training that:
Delivers the basics of all projects (quality, cost and delivery) to
speed your management skills. Shows you how to manage and BALANCE your
QCD deliverables to deliver first time on time.
Trains you to RUN a project team meeting with precision that delivers
RESULTS.
Instructs you in the right DECISION MAKING PROCESS to move your project
forward. This is not some pie in the sky course that takes 10 weeks to
learn and costs you thousand of dollars. Is is not written by some guy
who never ran a project in his life. This course is no nonsense and
used daily by myself and others.
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