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1. Business Opportunities: Success and Failure Statistics as Well as Possible Prevention
Summary: Business statistics provided by the United States Department of Labor, report that in 1994, the number of businesses that failed that year were divided into the following categories:* Bankruptcies (a 15.4% increase from 1993).* Failures (a 17% increase from 1993).* Terminations (.3% increase from 1993).The Small Business Administration attributes these failures and the evolving higher percentages to the fact that there are now MORE small…

2. Are YOUR Toes Bruised?
Summary: What's THAT supposed to mean?I ask the question because so many people today who profess to be interested in operating their own business spend far too much time 'tire-kicking.' While I would never underestimate the importance of exercising due diligence when investigating any type of business or income opportunity, there comes a time when you simply have to make adecision and act upon it. If you're notwilling to learn from those mistake…

3. TEN EASY STEPS TO ORGANIZE YOUR BUSINESS
Summary: Select the type of business you want to be. Incorporation carries the most prestige but it isn't alwayspractical for a small business. A partnership will be necessary if you have someoneelse sharing the profits and expenses of the business with you.Additionally you can form a International Business Company (IBC)and have your Trust own it. If your business outgrows your house, shop around for a good location. Don't consider moving out of…

4. Reflections On The First Year Of Working At Home
Summary: When working at homea person can, at times, experience a feeling of isolation whichis probably brought on by the lack of interaction of a work force environment.There were also periods of doubt in the early going...did I picka viable business opportunity?...am I doing the right things todevelop my business?...when will I start making a profit?, andso on.Many of the entries in my so-called diary had to do with theproverbial 'two steps for…