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READ MOREThis “Ask Bob” was inspired by a letter and Executive Summary of a business plan sent to me by Alan M. of the Idaho State Correctional Facility. To me, writing business plans is like going to the dentist: you know you need it, but you hate doing it. One of my favorite quotes comes from Coach John […]
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I received a letter and Executive Summary of a business plan from Alan M. of the Idaho State Correctional Facility. In the Executive Summary he sent me, Alan asked, “Bob, what are your thoughts on my concept to start a graphic design business?” Thank you, Alan, because you’ve inspired two “Ask Bobs.” (This one, and “Tips […]
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Levi R. from Blair, Nebraska asked, “Bob, what advice do you have on naming a business?” Thanks for asking Levi! It never ceases to amaze me how some businesses with the silliest names can take off, and others with seemingly great names go nowhere. The best-case occurs when your product or business becomes the general […]
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James B. from Big Springs FCI asked an important question about taking on an investor. Hello Bob, I have a question for you: Assuming I have a good business plan, good product, a good marketing plan, and I need financing, what could I expect for terms, ballpark? Great question James – thanks for asking it! […]
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I was speaking at a prison recently and fielded this question from the audience. Should I incorporate my new business? if so, which type of corporation should I use? I commend you if you are thinking about starting a business. I’m convinced that’s the best way to go if you are willing to put in […]
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READ MOREThere’s more to personal training than just working out. A personal trainer has to be as or more disciplined with their time as they are with their bodies. Personal training requires you to convert your time into dollars because you bill by the hour.
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READ MORESnow removal is a perfect way to earn extra money in the off season. You already have a truck or trucks, a phone line, and paid overhead to keep your business alive over the winter.
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READ MOREMany people barely have time for a car wash, much less regular detailing, but with the love affairs of our cars, a detail business means you’re in high demand.
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READ MOREInformation is power. Nobody knows that better than those cut off from so much of it, like those inside our prisons and jails.
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READ MOREWhen we lose small businesses, we lose the innovation, independence, and work ethic that give America a unique trading advantage over other countries. We need these advantages.
