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By Dale Willerton and Jeff Grandfield
As either a new or existing commercial tenant, you may be tempted to prelease undeveloped property. This is potentially the most unpredictable lease agreement into which a tenant can enter. Why? The answer is simply because you can't visually assess the property or physically touch the bricks and mortar. Often in these types of deals, the tenant is required to make a long-term leasing decision and commitment based only on the landlord's design drawings.
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24/7 Wall St. via USA Today
Traditional mom and pop shops — arguably the symbol of American entrepreneurship — may be an endangered breed of business. In fact, the number of new companies in the U.S. economy has steadily declined since 1978. Yet, it may be worth remembering that many of the nation's largest and most successful companies were at one time small, mom-and-pop businesses.
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USA Today
Each year, one of the most popular new year's resolutions is "quit my job and start a business." If one of your goals in 2016 is to start your first small business, then I've got an important tip on how to succeed: start with a "training-wheel" business.
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Bplans
Over the weekend a Quora user asked me to list common mistakes that people make when developing a business plan. I’ve done that post from time to time, and it seemed like a good time to do it again. Here's my list for 2016.
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Business Credit Blogger
With a New Year just around the corner this is a time for small business owners to benchmark overall performance and set plans for moving forward in the year 2016. In a lot of ways this was a year of innovation, change, and efficiency in small business lending. Although big banks have loosened their belts and started lending again; their focus still remains on issuing large loans to big businesses.
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Mashable
By now, we’ve all seen the impressive numbers on the "freelance" or "gig economy." Millions of professionals are skipping the traditional corporate structure and turning to freelancing, consulting or temp/on-demand assignments. According to a study by MBO Partners, the U.S. economy currently has 30.2 million independent workers — and that number is expected to hit nearly 38 million by 2020.
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The Huffington Post
With a third of self-employed millennials running start-ups, they may be the most independent generation to date. There is a price to pay, though, for being your own boss. Entrepreneurs forego regular income and traditional-employment benefits such as company-sponsored retirement plans with regular contributions. And as a recent TD Ameritrade survey revealed, self-employed millennials have larger retirement goals then their baby boomer parents.
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By Bob Jacobs
I've spent the last 41 years reading books, attending seminars and trying numerous ideas. I've made mistakes and learned from them. As a result, I practice, refine and understand what it takes to earn a great living selling products and services to big box retailers. Fortunately, one of the benefits of this process has been gaining the trust of hundreds of mass market retail buyers who are willing to share their ideas about how to create mutual success scenarios. Here's what I've learned.
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Inc. via Business Insider
The scene: Two college students running to class, checking their phones, and finding emails from Fortune 500 CEOs.
Is this real life?
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