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The Business Plan
I periodically get questions from readers of this blog about business plans. I was pondering the best way to work through a “business plan series” (similar to the Term Sheet series and Letter of Intent series) when Dave Jilk - my partner in Feld Technologies (my first company) - dropped a few documents on my desk, including the original Feld Technologies business plan. A scanner, Adobe Acrobat PDF maker, and a little OCR later, I had the document in electronic format.

Five Stages of Midlife Transition
Wisdom dictates that, for every life element that we humans are required to relinquish, there opens a new creative possibility. Although I genuinely subscribe to that belief ("When God closes one door, he opens another"), grieving must occur for every door that closes, and few (if any) of us can fully enter the opening door before fully grieving the closing one.

Other massachusetts avenue Related Articles

Are You Ready To Buy A Franchise?
Are you tired of your job? Do you want to own your own business but you don't have a unique idea? If so, then a franchise might be the perfect avenue for you to become your own boss.
Avenue A Razorfish 2008 Digital Outlook Report
Avenue A Razorfish released the 2008 Digital Outlook Report yesterday. The purpose of the report is to help Avenue A's clients understand consumer behavior in the digital space. In the report experts cover topics such as media spending, mobile web usage, social influence marketing, the state of search, and behavior targeting. Here are some tidbits from the report:
There's a New Sheriff in Town... and She's Taking No Prisoners!
With an effective date of July 13, 2008, the Massachusetts Legislature last month passed a rigid new law, the effect of which will automatically triple the damages, plus add court costs and attorney fees, for employees who win payment of wage disputes against their employers.

Employee or Independent Contractor?... That is the Question!
Twice in as many weeks, a client has called with a question about the characterization of a possible new hire. And, although it has been three years since the Massachusetts legislature passed the law that a Massachusetts Lawyers Weekly headline referred to as "an earthquake for employers in Massachusetts," the aftershocks continue to be felt.

Deadline Approaching for Mass Data Security Law: No More Time to Procrastinate
The March 1, 2010 deadline for compliance with the Massachusetts Data security Laws is fast approaching and will not likely be further extended. This law effects any business or individual who stores data on any Massachusetts resident whose unauthorized access might compromise the privacy of that individual’s personal information. Failure to comply could be costly. Compliance for some may be very simple, while for others it could be both complicate and expensive.

Employee vs. Independent Contractor: Ignore This at Your Peril!
It's been almost two years since I wrote to warn you about the perils of hiring "independent contractors" under the 2004 amendments to the Massachusetts law. Since then, the status has not improved and litigation has begun to shape its future. Let's review the current rules in Massachusetts.
So You Thought Non-Compete Agreements Were Safe? Think again.
Have you ever had a departing employee set up shop next door (literally or figuratively) and compete with you? It's a frustrating experience, and one which leads many small business owners to overreact by imposing non-compete agreements on all employees from that day forward. If this is you, take heed. If the Massachusetts Legislature has its way, that option won't be open to you for much longer.
Generating Leads through Internet Marketing For Travel Professionals
The world is abuzz about the position of the Internet in all manner of business including the smallest entrepreneurial engagements. Small and large companies are all doing their best to market their products online. Internet marketing for travel professionals is one avenue that has benefited a great deal since the travel industry is one that is on the up hill march. The Internet provides a great avenue for travel professionals to generate new and hot leads which lead to bookings and great profits.
Let's face it... employee wages are sacrosanct
The sooner Massachusetts small business owners accept this, the sooner they can stop having skirmishes and "misunderstandings" with the Attorney General's office that only result in frustration, penalties and ill will on all sides.
Myths and Mysteries: I Thought I Couldn't be Sued Personally if I Formed a Corporation
One of the results of last month's newsletter regarding the Massachusetts Homestead law (in addition to several clients finally filing for full homestead protection), was this common question: "Why should I worry about personal liability for business obligations… I formed a corporation?"

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