Feb 23, 2020 | Articles, Sean Answers
What happens if a business partnership fails? When entering a business partnership it is always wise to have some type of partnership agreement that at the very minimum accomplished 3 things: 3 THINGS YOU BETTER HAVE IN YOUR PARTNERSHIP AGREEMENT. How the profit will...
Feb 18, 2020 | Articles, Sean Answers
What are the things that need to be considered when starting new business? 2 MUSTS FOR EVERY STARTUP TO HAVE BEFORE THEY STARTUP First, you start with what you believe is a profitable idea that can become a business. This is normally because your idea solves a...
Feb 18, 2020 | Articles, Sean Answers
If I own a company making about 200k in yearly revenue with minimal expenses. Is it realistic to try and sell it for 500k? Revenue is NOT the important number. What is your profit? How much are you paying yourself? These will set the bar for what someone will...
Feb 18, 2020 | Articles, Sean Answers
What are important skills to have for sales? I have hired and partnered in business with countless very good salespeople and at this point can identify them in an interview with a fair degree of certainty. GREAT SALES PEOPLE have these 4 qualities in abundance:...
Feb 18, 2020 | Articles, Sean Answers
Why are franchises so successful? They have a proven business model. Franchises are by nature a duplicate of something that has already worked. They are selling you their business model and likeness. When you buy a McDonalds you know that this is a proven model that...
Feb 17, 2020 | Sean Answers
In your opinion, what makes a business plan standout above all the others? The one that actually works stands out! A business plan has 3 important objectives: Confirm that your idea is a profitable and doable business concept. Attract investors if needed. Lay out your...