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7 Ideas Owners Must Consider About Succession Planning
Statistics show that 70% of entrepreneur-owned businesses do not survive the founder. Did you work this hard, for this long, to see your life’s work implode?
7 Ideas Owners Must Consider When Succession Planning
Recently we’ve been reading reports and statistics on succession planning. Did you know that according to the Canadian Federation of Independent Businesses more than 40% of business owners plan to leave their businesses in the next 5 years. Are you one of them? Then read this article and start ensuring your success.

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Part 4: Organization & Management
This section should include: your company's organizational structure, details about the ownership of your company, profiles of your management team, and the qualifications of your board of directors.
Understanding Equity Capital
Equity capital or financing is money raised by a business in exchange for a share of ownership in the company. Ownership is represented by owning shares of stock outright or having the right to convert other financial instruments into stock of that private company. Two key sources of equity capital for new and emerging businesses are angel investors and venture capital firms.
Choose a Structure
Many factors must be considered when choosing the best form of business ownership or structure. The choice you make can have an impact on multiple aspects of your business, including taxes, liability, ownership succession, and others.

9.0 The Entrepreneurial Firm Organization Form: Entrepreneurs and entrepreneurship in Africa
Organization form refers to the design, structuring and management of the entrepreneurial firm, including descriptive (e.g., age, size, location, sector), and structural (e.g., ownership) variables.

Checklist of Provisions for an LLC Operating Agreement
This outline presents 20 areas of LLC ownership, operation and management that should be addressed in the operating agreement.
Is Business Ownership Part of Your Destiny
For many, the thought of business ownership is very appealing. Business ownership is a way to control your own destiny, be your own boss, and ultimately build yourself a strong financial asset. There are different ways to embark on your business ownership journey. Should you start a new business, start a new franchise, or buy an existing business?

Advantages of Owning a Franchise
Today, many more people are considering business ownership than ever before - it's a sign of the times. As we experience great changes in our workplaces and work forces, as the general economy erodes, more and more people are exploring business ownership - to be their own boss and work for themselves rather than someone else. As those individuals begin to investigate business ownership, franchise ownership is the first choice for many. For one who has not experienced business ownership previously, franchises offer many advantages.

How to Buy a Mobile Home Park and Turn It Around
When you buy a mobile home park that needs to be turned around (and most parks need some type of turnaround), the first thing you need to do is disengage the prior ownership/management. Face it, if the park is not running like it should be, you will most likely want to start over with a new management team. Even though the prior owner is usually to blame for the poor operations of the park, it is difficult to keep the prior managers that have been trained poorly or incorrectly. So, in most cases, fire everyone and start over. There are always exceptions to the rule, but they are few and far between. I have found that it is easier to train a new manager than to retrain the existing one.

Before You Invest in a Coffee Franchise
There are many people who dream of someday owning a business of their very own. Franchises make this a possibility for many people who would not ordinarily have the opportunity. While the franchise path to business ownership may be the preferred method for many would be investors it is not necessarily an easy path. There are several things that must be taken care of before the process of franchise ownership begins for your coffee franchise.
A Legal Analysis of a Preferred Method of Retail Sales
There are several methods of conducting a business in the area of retail sales. They include private ownership of one or more stores, a “chain store” system, public stock ownership of companies to provide capital for expansion and franchising. This article explores the legal aspects and benefits of conducting a business through the use of franchising.
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