I have not heard of the $1,000 rule; however, the determination for the need of a business license will come more from the requirements of your local government. Check with your local economic development office to determine what licensing would or would not be needed for the particular type of ...
I vehemently disagree. I would recommend not following-up with any angel investor who asks you for a business plan. You yourself should be able to credibly articulate how you envision the next 12 months unfolding and especially how you intend on spending the money you raise, but that's about it...
Google could be a good place to start searching for the information (s). Just be careful about the authenticity of the data that pick for your business plan. One way to ensure authenticity is to pick data published by established brands. However, given my experience working with plethora startu...
I specialize in investment real estate; more specifically short sales and flipping houses. However I have friends in the industry that do specialize in storage units. I could point you in the right direction for sure. Are you only considering storage units?
Interesting. I have done this on a couple of occasions, maybe not this exact model but close. One approach would be a Speakers Bureau. Another would be to structure it as a full service agency or as "full" as your colleagues' backgrounds permit. Be sure to create a vesting schedule, even sweat e...
To start with, create a "No-To-List" of non-action items. It will help you keep your focus intact on the actual and planned goals. It will also help the team's focus to move in unison. Talking about "To-Do" list of laundry items, start with assessing your internal capability, external requiremen...
You know I have never come across such tools. I did get a chance to work with an entrepreneur who has ADHD, I served as his business adviser. Our setup was that he did not spend time on things unless we talked about it first and I held him to super tight schedules. It workout great! His tool sale...
Start with allocating about 1-2 hours a day to reach the industry communities you are affiliated with. We recommend to our clients to work on 1) Twitter 2) LinkedIn and 3) Google+. Our research has shown that the reach on Facebook is not as effective as it is on Twitter. We have clients who have ...
If you have an already established business then the strategy would be different and if you are going to launch the same kind of business in India then the steps would be different. Keeping your words in consideration that you want to grow it, it means you already have such business with you, no...
A very good question, with many long, complex answers. As a starting point, take a look at flippa offerings to get an idea of common metrics disclosures. You can also search for flippa + metrics + read up on the entire deal flow of site sales. In general, most sites sell for 2.5x-7x yearly pro...