Wouldn’t it be cool if the company that you worked for actually had a program that provided you with the ability to take ownership in it? If that sounds more like a fantasy than reality, we’ve got great news. Since 1974, there are approximately 11,000 companies that have about 13 million employees who are doing this very thing. It’s called an Employee Stock Ownership Plan (ESOP). [click to continue…]

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There’s no doubt that the majority of your time will be devoted to your studies while you’re attending business school. And many students have other obligations, as well, such as clubs, activities, Greek life, internships, and even jobs. But there are plenty of reasons why you might want to consider starting a business during your time in school. For one thing, it’s a great way to put all of your newfound knowledge into practice before you get into the real world and have to rely on your learning to earn an income. Starting a business now will allow you to experiment and gain some practical experience before you graduate. In addition, you might be able to build your business enough during your time in school that you can support yourself by the time you leave, or parlay it into other job opportunities. Whatever the case, you still want your fledgling operation to be as successful as possible, so here are a few tips to kick-start your career right.

  1. Start with something you love. You can only start a business at great personal expense, which means your time, money, and effort. To attempt this with a pursuit that you’re not interested in and passionate about is sheer folly. If you don’t love what you’re doing you’re going to burn out. Heck, you might get burned out anyway. But at least if you have a personal, emotional investment you can dig deep and find the motivation to keep going until you succeed. Of course, it couldn’t hurt to have a truly amazing and innovative idea to start with, as well. [click to continue…]

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The Pros and Cons of Offering Employees Stock Options

April 18, 2013

In the business world, some employers choose to offer their employees stock options as an incentive. The benefits and disadvantages of this approach are often argued, and indeed there are both ups and downs to this option. Offering stock options to employees can lead to a more productive team, or it can cause a drop [...]

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How to Look Into a Company’s Reputation Before Doing Business With Them

April 11, 2013

Every day as consumers, we do business with companies. When we go to the gas station, when we go to the grocery store and when we go to the mall to find the perfect outfit. However, when you happen to run a business of your own and you’re looking to partner up with another company, [...]

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5 Tips for Smoothing Out Irregular Business Cash Flow

April 4, 2013

Even when business is booming, an irregular cash flow can throw a whole mess of complications into your finances. Businesses depend on regular income to keep financing their expenses throughout the year, and when that income is sporadic and unpredictable, it becomes increasingly difficult to keep things running smoothly. If you’re having trouble with your [...]

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5 Benefits of Hiring a Corporate Events Planner for Your Next Business Function

March 14, 2013

If you’ve ever planned a corporate party or some kind of business function before, then you probably already know that it takes a lot of work, mostly because of all of the details that go into making it go off without a hitch. And so, if you have one coming up, for the sake of [...]

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How to Establish a Marketing Budget for Your Business

March 4, 2013

Marketing is an important concern for any business owner. Customers don’t come for free, no matter how long you wait, and you’re going to have to put in some effort if you want to start generating more business. Marketing is not a passive business endeavor, and it’s not something you should be delegating–you need to [...]

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5 Inspirational Business Leaders

February 25, 2013

Entrepreneurship is a big part of the American dream, and business leaders who make it big are often held up as examples that hard work, dedication, and innovation can take even those born in hardship and poverty to the heights of fame and fortune. But not every business mogul got where they are by this [...]

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How to Conduct Competitive Analysis for Your Business

February 12, 2013

When you’re running a business, there are a lot of things that go into making sure you can maintain its success. Of course, it’s going to cost a lot of money just to get a business off the ground. When you’re trying to get something like a new company up and running, there are a [...]

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5 Reasons to Offer Employees Computer Training

February 5, 2013

It’s tempting to expect new employees to come to your company fully formed, with all the experience they need to excel. And you can certainly expect them to be able to execute the tasks you hired them to handle. But today’s business environment is far different than in previous generations. The information age is known [...]

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