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Business Advice

The Cost of Missing Moments

Boat Club Memberships & Missing Moments

As a business owner and entrepreneur, I am often asked to speak and write about opportunity cost and how businesses can minimize missed revenue opportunities. While I find great value in helping businesses to maximize marketing budgets and operational systems, I also have had a variety of recent wake-up calls. These …

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CONTRACT CHECKLIST FOR INTERNATIONAL SALE OF GOODS WITH COMMENTARY – Part Four

Business Advice Q&A

I’ve created a checklist of twenty-five terms commonly found in a detailed contract for the international sale of goods.  The previous terms can be found here https://iebusinessdaily.com/?s=John+Tulac Here are the final ten terms: Breach, Default and Termination: Specifying the conditions of breach and default is sometimes valuable in and of itself, …

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Personal Goodwill In A Business Opportunity To Save Money When Selling Your Business

Ed Fixen Color Photo-72dpi

By Edward L. Fixen There are many potential strategies to reduce and minimize tax liability when selling a business. One strategy that is often overlooked is the use of “personal” goodwill for the benefit of both parties in an acquisition. Personal goodwill is distinct from conventional corporate goodwill which is …

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It’s an Investment, Not a Cost

By Tim Kolacz When you buy a building, what are you really doing? Are you buying it for the value it gives your company? Is it for the, hopefully, increase in its value over the coming years so that you can sell it at a profit? Or are you buying …

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Company Size Thresholds Impact Hiring a Full-Time CFO & An Alternative

Inland Empire Business Advice.001

By Michael K. Menerey, Partner, CFO Edge, LLC There is often uncertainty among business owners and entrepreneurs when it comes to determining whether they need the skills of a controller or a CFO. These are critical, high-level financial positions in a small or mid-sized business, so it’s important to make …

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CONTRACT CHECKLIST FOR INTERNATIONAL SALE OF GOODS – Part Three

Business Advice Q&A

By John Tulac I’ve created a checklist of twenty-five terms commonly found in a detailed contract for the international sale of goods.  The introduction and first five terms were published on January 23rd and can be found here. https://iebusinessdaily.com/contract-checklist-international-sale-goods-commentary-part-one/  The next five terms were published on March 13th and can be found here. https://iebusinessdaily.com/contract-checklist-for-international-sale-of-goods-with-commentary-part-two/ …

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