Often when I’m advising small business owners I tell them that they need to assemble a Management Team. After telling me they can’t afford a management team, many of my clients ask: What does a management team look like? Who would be involved in that...
I want to take the opportunity to address a couple common misunderstandings between legal entities and tax designations. One common question that we get is if I should form an S corporation. The answer to that question, actually, is that you can’t. Let’s step back and look at this...
While we often talk about the logistics of partnership agreements, you should be asking yourself why first. Simon Sinek asks us to think about why when it comes to leadership. I am asking people going into business together to ask a series of why questions....
Most of us have heard the phrase “Give a man a fish, feed him for a day. Teach a man to fish, feed him for a lifetime.” It references the notion of charity versus teaching or skill-building. We often think about the idea for basic...
The Maryland Small Business & Technology Development Center will host a seminar entitled "Introduction to the Procurement Process" on Friday October 18, 2013, from 11:00 am to 12:00 noon. Here is the description of the course: Is your business looking at the government sector as a...