Can you please help with legitimate sources to buy profitable businesses?
How do we identify that it's legit? Is there a checklist/process?
How do we do our due diligence? Not looking for shortcuts.
Appreciate guidance and help!
Done with full contributions to 401K, HSA etc.
How to invest nicely 100K without too much time to spend? Is it good time to get into index funds?
Any ideas on buying a business where to find it instead of throwing it into index funds?
With my experience in life so far - all the Maths, Physics, Chemistry, and Calculus etc. etc. I learned till my engineering was waste.
No business skills taught in school, no special skills taught in schools. I am not against education and during my professional career took several pieces...
We have a corporate app on a big platform(Similar to Salesforce you can say). It's free but some Fortune 100 companies are using it in Production(We don't have much tracking due to 'big platform' constraints but we know weather they are using it in Dev or Prod from stats we get. We are...
I understand the need of a specialized skill set staff. However, with the small business there are so many small needs.
I am working with already 4-5 freelancers and with day job it becomes hectic managing them as well as so many small tasks.
I would rather focus on a bigger strategy as...
We have multiple sources of tasks, multiple hats to wear esp for entrepreneurs.
We have job, side hustles, families , multiple emails and business formalities. Multiple people to handle - contract employees, employees, relatives.
We can try Getting things done approach but may loose...
I applied PPP loan about 6 week back (currently 4 employees).
Looks like loan is approved although funds are not received yet.
My question is -I got another contract and I need to hire a brand new employee to do the work.
Is that an issue for loan forgiveness?
I need to apply for PPP (paycheck protection for CoronaVirus )loan for my small business.
Most banks are offering loans to only existing customers.
I am a Bank of America Business customer for several years.
However, they have 2 conditions
1) Checking Account with BoFA + Lending/Credit...
We provide SaaS apps with laser focus in one niche platform and have 2 certified apps on the Product Store.
Without any advertisement, we have about 20 download/requests from corporate clients in 5 months.
Some client names are really big. Apps are free at this moment but we are working...
We provide professional IT Services. After getting the necessary certifications and partnership with Niche tool company, I am connecting related staff through Linkedin, emails.
I have an open rate of emails about 30% ,but I sell service only which we offer.
I am also able to connect...
Sometimes staying up to date , staying informed helps.
It shows you are smart, educated and interesting!
I don't have TV but do waste time on the internet on news sites, financial sites, and business sites.
It's something nice to have but is not real action.
How do you stay upto date...
Does anybody has Employee Compliance Training Materiel?
It's needed to apply a Technology partnership.
It needs to cover:
compliance-related code, procedure or policy relating to anticorruption compliance, business ethics, legal compliance, travel and expense, or related topics
What will be your choice of business if you have 100K.
1) It should generate good enough returns with some learning.
2) Risk should not be huge - but some level of risk is acceptable.
- It may not be stocks/mutual funds though..
Please share your thoughts!!
I have an app ready (not android or iOS) in a niche platform(#1 tool in its Category used by Fortune 100 to smaller companies)
Clients will be normally companies who have some presence of IT in their company.
My goal is sell the app free or paid but eventually get some client...
I have been lurking around for quite sometime on Fastlane and decided to take it seriously after being wannapreneur for long time.I read TMF and Unscripted already! Thank you MJ for writing such life changing books and starting this Forum. This Forum is the best form ever I have ever...