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Don’t Litigate: Mediate!

“Don’t Litigate: Mediate!” Mediation avoids the adversarial arena and brings dispute resolution back to basics – both sides talking to one another. It could pay your company in human and business relationships, as well as in time and resources, to seek out the services of a professional mediator. OVERVIEW [top]When in the course of human events disagreements arise, it’s best…

Your Move — Trading Places

“Your Move — Trading Places” Why do entrepreneurial businesses flounder after they’ve survived the startup phase? Lloyd E. ShefskyAt some point, a growing business moves from being an entrepreneurial company to being a managed one. And if the entrepreneur can’t make the leadership transition — or isn’t willing to relinquish control to a professional manager — the company will fail….

A smile a day keeps bankruptcy at bay

[vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/2″][vc_column_text] “A good temper and a happy mood will show up in your bank account.” — Ed Lowe Our panel of entrepreneurs responds …Whistle while you ‘work’We make bread every day. We enjoy what we do, and our customers appreciate the fact that we do it. It’s hard not to smile when you think you’re getting…

Extreme Measures — Personal Involvement

“Extreme Measures — Personal Involvement” An employee called Jack Hartnett’s home in the middle of the night with a pressing question: “Can you help me with my sex life?” Hartnett was glad to help. As president of D.L. Rogers Corp., Hartnett believes in helping his employees both personally and professionally to retain them in an industry rife with turnover.His personal…

Partner Power!

“Partner Power!” Taking on a financial partner not only solved a space problem for Sheryl McCaleb but also created a valuable new asset. In 1997, just two years after launching her company, Sheryl McCaleb needed more elbow room.Hair Prosthesis Institute (HPI), which makes custom-hair prosthetics for women and children, was growing faster than McCaleb had anticipated. She had already increased…

If You Can’t Beat ‘Em, Join ‘Em

“If You Can’t Beat ‘Em, Join ‘Em” Standard Candy’s revenues jump 30% through contract manufacturing. The Standard Candy Co., based in Nashville, Tenn., has been making Goo Goo, a caramel, chocolate, marshmallow and peanut confection, since 1912. When James W. “Jimmy” Spradley bought the company with help from his father in 1981, he envisioned creating a national craving for the…

Your Move — 5 Truths About Growth

“Your Move — 5 Truths About Growth” I believe our economic well-being depends on increasing the number of growth companies. Growing companies create jobs, and jobs help create self-sufficient people in healthy communities. But growth has both a dark side and a silver lining. To help you find the positive aspects of growing your business, I’d like to share my…

In Need of Expansion Capital? Consider Other People’s Money

“In Need of Expansion Capital? Consider Other People’s Money” The biggest barrier to expansion faced by today’s small businesses is capital. Entrepreneurs using traditional forms of capital acquisition have only two options: debt or equity. However, they would be wise to consider franchising because it allows them to expand without the risk and lack of availability of debt or the…