Most people agree that a rigorous business plan is a good idea. Clearly it’s best to research the market and risks as thoroughly and objectively as possible. In contrast, a “creative” plan, one that involves sketchy research, is unlikely to meet with success. Right? Well, maybe, but perhaps a certain amount of naivety might increase …
Starting a Business
Starting a business can feel overwhelming, from legal paperwork to ongoing compliance. That’s where ZenBusiness steps in, aiming to simplify the journey for entrepreneurs and small business owners alike. Whether you’re forming an LLC, managing filings, or staying compliant year-round, ZenBusiness offers a streamlined, affordable solution. In this 2025 review, we’ll dive into how ZenBusiness …
Enter the realm of California, where endless possibilities and an entrepreneurial spirit abound. Here, dreams soar, and businesses thrive under the golden sun. Starting a new business is an exciting adventure, but the registration process can leave even the most passionate entrepreneur feeling lost. Fear not, ambitious dreamers of California! This blog post will illuminate …
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Are you an entrepreneur seeking valuable insights, inspiration, and strategic ideas from industry experts? Look no further! We have compiled a list of the 32 best business podcasts to help you stay up-to-date with the latest trends, learn from successful entrepreneurs, and grow your business. Whether you’re a startup founder, a small business owner, or …
Guest post from Jack Hoban. What are Values? According to the dictionary, values are “things that have an intrinsic worth in usefulness or importance to the possessor,” or “principles, standards, or qualities considered worthwhile or desirable.” However, it is important to note that, although we may tend to think of a value as something good, …
Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. The following list describes various types of benefits from managing ethics in the workplace. 1. Attention to business ethics has substantially improved society. A matter of decades ago, children …
Investing in rental properties can be a fantastic way to generate income, whether as a primary source or a side hustle. However, not all states offer the same potential for returns on these investments. This article explores the 10 best states to buy investment property this year and the states where real estate investments may …
Business ethics in the workplace is about prioritizing moral values for the workplace and ensuring behaviors are aligned with those values — it’s values management. Yet, myths abound about business ethics. Some of these myths arise from general confusion about the notion of ethics. Other myths arise from narrow or simplistic views of ethical dilemmas. …
Developing strategy takes time and resources. It requires the time and commitment of some of the most highly paid and highly experienced people in your organization. So, if your team isn’t willing to invest what is needed, I recommend that you don’t do it. Poor planning is often worse than no planning at all. So, …
How One Typical Facilitator (Mistakenly) Concluded the Client Wasn’t Doing Strategic Planning I got a call last week from a facilitator, asking for advice about an aspect of strategic planning. He kept asserting that his client, a manufacturer of outdoor recreational equipment, wasn’t doing strategic planning. I asked how he came to that conclusion. He …
Complete Business Planning Guide with Extensive Resources Copyright Carter McNamara, MBA, PhD. NOTE: Your business plan should be highly customized to your current organizational situation. Thus, using a generic business plan template could completely misrepresent the needed focus of your business plan. (This step-by-step manual is a complement to the topic How to Start Your …
How much will it cost to start your business? Anyone thinking about becoming an entrepreneur needs to ask this key question. You must take time to figure out your startup costs. This helps you know how much money you need to raise and if starting your business makes sense. It’s great to determine how much …
Accredited Debt Relief stands out as a beacon of hope for those struggling with debt in the vast landscape of financial solutions. With many options competing for your attention, the key question is whether Accredited Debt Relief is the guiding star of legitimacy leading you toward financial freedom, or just another fleeting light in the …
In the complex world of debt relief, where promises can often seem too good to be true, one pressing question remains: Is Freedom Debt Relief the real deal or just another financial mirage? This company has gained attention for its commitment to helping individuals escape debt through negotiations with creditors. Yet, opinions are divided. Some …
Navigating the complexities of financial debt can often feel overwhelming, leading many to wonder: Is National Debt Relief legitimate? This is a common concern for those seeking a way out of financial distress. In this exploration, we will examine the legitimacy and effectiveness of National Debt Relief to determine whether it truly offers a path …
If you’re having difficulty managing your debt and facing the possibility of default, a debt relief company might help. Debt relief can take various forms, including options you can pursue on your own, but a debt relief company can guide you through the process. Keep in mind, though, that their services come with a fee. …
Are you an entrepreneur seeking valuable insights, inspiration, and strategic ideas from industry experts? Look no further! We have compiled a list of the 32 best business podcasts to help you stay up-to-date with the latest trends, learn from successful entrepreneurs, and grow your business. Whether you’re a startup founder, a small business owner, or …
Investing in rental properties can be a fantastic way to generate income, whether as a primary source or a side hustle. However, not all states offer the same potential for returns on these investments. This article explores the 10 best states to buy investment property this year and the states where real estate investments may …
The world is changing at an unprecedented pace. The advent of new technologies, the rise of the digital economy, and the changing needs of consumers have all contributed to a shift in the business landscape. Entrepreneurs continuously look for innovative, profitable, and profitable business ideas. This guide will explore the 131 best businesses to start …
In the ever-evolving world of entrepreneurship, operating under a fictitious business name, or “Doing Business As” (DBA), can be a smart strategic move. Whether a solo entrepreneur or managing a small business, a DBA allows you to brand your enterprise distinctively. This guide will unravel the intricacies of filing a DBA, equipping you with the …
Are you looking for the best type of business to quickly start your own company and finally ditch your traditional 9-to-5 job? The market is growing and expanding due to changing trends, so if you have the ambition to start a new business in 2023, we’ve wrapped up the five types of business that will …
Choosing a name for your LLC can be tricky. Ensuring the name reflects your business’s products or services is essential. However, several other factors must be considered when selecting an LLC name. First, you need to follow specific rules for naming your LLC. These rules and requirements vary depending on the state where your business …
Something as small as a business name can have a monumental impact on your success. The right name can bring in more customers than you thought possible, whereas the wrong name can effectively shut you down. Read on to discover how to come up with a business name that sets you apart from the competition. …
In the fast-paced and ever-evolving business world, staying informed about the latest trends, insights, and strategies is crucial for entrepreneurs, executives, and professionals. While numerous sources of information are available, business newsletters have emerged as a popular and convenient way to receive curated content directly in your inbox. These newsletters provide valuable knowledge and save …
Guest post from Jack Hoban. What are Values? According to the dictionary, values are “things that have an intrinsic worth in usefulness or importance to the possessor,” or “principles, standards, or qualities considered worthwhile or desirable.” However, it is important to note that, although we may tend to think of a value as something good, …
Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. The following list describes various types of benefits from managing ethics in the workplace. 1. Attention to business ethics has substantially improved society. A matter of decades ago, children …
Business ethics in the workplace is about prioritizing moral values for the workplace and ensuring behaviors are aligned with those values — it’s values management. Yet, myths abound about business ethics. Some of these myths arise from general confusion about the notion of ethics. Other myths arise from narrow or simplistic views of ethical dilemmas. …
The following guidelines ensure the ethics management program is operated in a meaningful fashion: 1. Recognize that managing ethics is a process. Ethics is a matter of values and associated behaviors. Values are discerned through the process of ongoing reflection. Therefore, ethics programs may seem more process-oriented than most management practices. Managers tend to be …
It’s ironic that a word like “transparency” can have several confusing meanings, even in a business context. While transparency as a concept is often most visible in the realm of social responsibility and compliance, its real benefit is when it’s seen as a business priority. Transparency is about information. It is about the ability of …
What’s an Ethics Management Program? Organizations can manage ethics in their workplaces by establishing an ethics management program. Brian Schrag, Executive Secretary of the Association for Practical and Professional Ethics, clarifies. “Typically, ethics programs convey corporate values, often using codes and policies to guide decisions and behavior, and can include extensive training and evaluating, depending …
Do companies care about the intent of one’s actions, or just the results? While we think that our intentions should matter, if an unethical action takes place, do we really care why? Let me know what you would do in the following dilemma: Alternative #1 – You are taking care of a chatty 3-year old. …
As opposed to offering opinions without having all of the background and knowledge, I thought it might be more helpful to start a discussion about the questions: Many people have written that Toyota’s problem was that it sacrificed a core value of safety for profit. To frame the issue this generally is to miss the …
Welcome to the thrilling universe of entrepreneurship! Here, dreams ignite, and ideas morph into reality. As a daring and visionary entrepreneur, you’re pumped to launch your next groundbreaking concept. Yet, before rocketing into the business world, there’s a vital step you can’t skip – registering your business with the right service provider. Wading through the …
Imagine this: you’re about to launch your dream business, bursting with excitement and ready to make it happen. But then you hit a wall, the mountain of legal paperwork is more daunting than you expected, leaving you wondering where to start. That’s where LLC services swoop in like a superhero! By using online LLC services, …
Are you searching for a reliable registered agent service to keep your business compliant and running smoothly? Look no further! In today’s fast-paced business world, choosing the right registered agent can make all the difference. That’s why we’ve deeply explored one of the industry’s top contenders, Northwest Registered Agent. This comprehensive review will explore Northwest …
Starting a business can be daunting, but the right support can make all the difference. That’s where MyCompanyWorks steps in, specializing in helping entrepreneurs form and manage their businesses. With so many options available, how do you know if MyCompanyWorks is the right choice for you? In this review, we’ll dive deep into the services, …
Running a business means dealing with many documents, from contracts and invoices to tax forms and employee records. Keeping track of and managing these documents can be overwhelming. That’s where Bizee comes in, a document management platform designed to streamline your workflow and simplify managing your business documents. But is Bizee the right choice for …
Are you ready to embark on the thrilling entrepreneurship journey but need help determining where to begin? Look no further! We’ve uncovered a hidden gem to help you navigate the world of business formation with ease. In this in-depth Inc Authority review, we’ll explore the ins and outs of this top-tier platform and reveal how …
Welcome to the fascinating realm of Limited Liability Companies (LLCs), where managing your business takes center stage. Imagine this: you’ve decided to embark on an entrepreneurial journey. Now, you face the crucial question of how your LLC should be managed. Should you go for a member-managed structure, where all owners actively participate in daily operations? …
Starting a business is an exhilarating endeavor, filled with endless possibilities and the promise of turning dreams into reality. However, amidst the excitement, it’s crucial to acknowledge entrepreneurship’s potential risks and challenges. That’s where a Limited Liability Company (LLC) truly shines as a beacon of protection and opportunity. In this comprehensive blog post, we will …
Developing strategy takes time and resources. It requires the time and commitment of some of the most highly paid and highly experienced people in your organization. So, if your team isn’t willing to invest what is needed, I recommend that you don’t do it. Poor planning is often worse than no planning at all. So, …
How One Typical Facilitator (Mistakenly) Concluded the Client Wasn’t Doing Strategic Planning I got a call last week from a facilitator, asking for advice about an aspect of strategic planning. He kept asserting that his client, a manufacturer of outdoor recreational equipment, wasn’t doing strategic planning. I asked how he came to that conclusion. He …
Complete Business Planning Guide with Extensive Resources Copyright Carter McNamara, MBA, PhD. NOTE: Your business plan should be highly customized to your current organizational situation. Thus, using a generic business plan template could completely misrepresent the needed focus of your business plan. (This step-by-step manual is a complement to the topic How to Start Your …
The historian Alfred Chandler of Harvard Business School wrote a seminal book published in 1977 on the history of strategic decision making at the highest levels of Corporate America , including DuPont, General Motors, Standard Oil and Sears Roebuck. The book was called The Visible Hand: The Managerial Revolution in American Business. In this work …
As the strategy leader, you have seven activities to which I recommend you pay close attention to build a strong strategy that has full buy-in and commitment. Gain your team’s commitment and buy-in to the process If your leadership team members are like most with whom I have worked, they are stretched for resources and …
In this post, we’ll discuss one of the most important phases in strategic planning – a phase that far too often is forgotten, resulting in plans that sit untouched on shelves. The plan for a plan should be developed by a Planning Committee and should answer 15 important questions — do this before the planners …
Far too often, organizations choose the wrong approach to strategic planning. As a result, strategic plans sit untouched on shelves and planners become even more cynical about goals-based or issues-based planning. This occurs especially with 1) new organizations, 2) organizations having many current issues, and 3) organizations having very limited resources. Here’s how to fix …
What Is an Organic Approach? Organization and management sciences today are placing a great deal of attention to naturalistic approaches to development. One of the most prominent approaches is called “self-organizing” systems. These are systems that develop primarily according to certain values, rather than according to specific procedures. Biological systems (people, plants, animals, etc.) are …
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I’m generally not a great fan of business plan competitions, for two reasons. First, they can consume huge amounts of time often with little benefit to those who don’t win. And, unfortunately, lately they have become more about the “pitch” and less about quality research and business competitiveness. Actual success in the marketplace won’t be …
Women on boards has been one of the most contentious topics of the last few years. In the UK, we had the Davies Report in February 2011 which set out a series of recommendations with the aim of increasing female representation to 25% on the boards of FTSE 100 companies by 2015. Although this was …
Rina has asked for your advice. She is a long standing director of a holding company for a large group of companies. The holding company Chairman, Quentin, has been a friend and mentor to her over many years. Recently the holding company bought a stake in a small listed company and Rina was appointed to …
The drive to create a business plan in the least amount of time has reached a new high … or low. Last week, Inc. 5000 published an article suggesting you can and should be able to present your entire business model on paper in (gulp) just 20 minutes. The idea is from a recent book, …
Peter has asked for your advice. He is a director of a not-for-profit company in the arts sector. A few months ago his organization’s funding was increased by 40%. The board and management were ecstatic. Shortly after the funding was announced the Chairman informed the board that he had authorised a staff member to change …
(Guest post from Hank Lewis.) An email said: My organization is 2nd in my life only to my family. I also feel responsible for the integrity of the organization and for protecting it from changes that would endanger that integrity. This organization works to create programs that bridge educational gaps between and about indigenous cultures. …
Olba has asked for your advice. She has been appointed to a government sector board to represent her local peoples in decision-making and resource allocation. The organisation has been constituted with legislation that mirrors many provisions of the corporations act. Directors are not paid but Olba is happy to gain experience and serve the community.
The Minister appoints the board members and also a ‘facilitator’ to chair the board meetings. Olba resents the facilitator and knows that her colleagues on the board share her feelings. The government use this facilitator for a number of board and committee functions; she is well credentialed, politically well-connected, and somehow a ‘power behind the throne’ with several local organisations.
The facilitator is paid a sitting fee and does not appear to carry the duties that are imposed upon directors under the legislation. She is also often late for the meetings, arrives without having read the papers beforehand, and, on one memorable occasion, got some way through the agenda before realising which board she was chairing. This appeared to be a major conflict of interest as it became obvious she was currently also chairing a board that competes with Olba’s board for funds.
Olba has done some governance training and a lot of reading on the topic. She aspires to be a prominent and useful board member and a good ambassador for her people. The facilitator could cause an embarrassment that would thwart Olba’s aspirations. She is also, in Olba’s opinion, not performing well enough and possibly harming the organisation.
What should Olba do?