Tag Archives: Business Advice

By Rick Lazar The Inland Empire’s commercial real estate market is now heading towards a full-fledged recovery after the economic Recession that began in 2007-08. The demand for existing industrial and office buildings has been steadily increasing since 2012. This fact is greatly supported by the continuing development of large …

By Tim Kolacz “I need you to provide me a solution to the problem you have brought me, not just the problem!” In the past year, how many times as a business owner, CFO, or parent, have you said that to the person in front of you? They bring you …

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 …

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, …

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 …

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 …