Category Archives: Money

Strengths, Weaknesses, Opportunities, and Threats (SWOT) in the University Publishing Industry

During our SWOT mastermind discussion in Philadelphia, we shared common industry issues that challenge how we operate a university press. The Strengths of the SWOT analysis centered on peer review, curation, and scholarship, as well as data handling and project management. The Weaknesses and Threats, outlined below, seemed manageable. Many of us have been dealing…
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What Crowdfunding’s $34 Billion Leadership Means for You

When crowdfunding first appeared on our entrepreneurial ecosystem radar in the early 2000s, it was mostly for musicians and artists. Back then, I wrote crowdfunding off as serious equity investing, since technically it was a violation of the Securities and Exchange Act of 1934. Years passed, and the legislation that I anticipated would squash crowdfunding…
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How to Manage Your Lawyer

How to Manage Your Lawyer Eventually we all need legal advice in business with key legal areas. When your first form or acquire your business, you should have counsel review all documents to represent your best interests. When key contracts arise with customers, suppliers, employees, investors or new partners, you need legal counsel. Basically, any…
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How to Make Tax Time Easier Next Year

How to Make Tax Time Easier Next Year Isn't tax time the most wonderful time of the year? Yeah, right. During tax season, I know some small business owners who amaze me with their ability to procrastinate. They cram weeks of tax preparation work into days. Tax time reminds me of college, when some people…
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5 Disasters for Your Small Business to Avoid

5 Disasters for Your Small Business to Avoid Whether you’re operating a start-up or an established business, the small-business world can quickly become a minefield. Briefly, let’s review the more common types of business disasters faced by entrepreneurs and small business owners today. Neglecting your marketing and letting your new-customer pipeline run dry If you…
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Does Your Value Proposition Need a Checkup?

Does Your Value Proposition Need a Checkup? First of all, Investopedia defines value proposition as “a business or marketing statement that summarizes why a consumer should buy a product or use a service. This statement should convince a potential consumer that one particular product or service will add more value or better solve a problem…
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Thinking about Hiring a Salesperson? – 4 Things to Consider

Thinking about Hiring a Salesperson ? - 4 Things to Consider Deciding to hire your next salesperson is an important decision, whether it’s your first freshly minted new hire or simply your latest addition to a team. Why? A salesperson is the first impression your company makes on the outside world. A salesperson can help…
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Tips for Working with Angry Business Partners

Tips for Working with Angry Business Partners Did you ever have to work with a person that you were mad at? Years ago, I heard men threaten to take their problem outside at work, and on occasion I've heard women literally scream at each other in the office. But that was a long time ago.…
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Planning in the Past, Present and Future

Planning in the Past, Present and Future After teaching a recent business planning workshop, I noticed something different about the business plan drafts written by these entrepreneurs—other than the fact that most of them were already in business. One group of people wrote plans that were almost entirely about doing business in the future. While…
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