What is a Legal Entity?

Dear M & M: I am trying to start a company and I am being told I need to determine what legal entity I want to be. I don’t understand. What is a legal entity? – James Dear James: Becoming a legal entity is one of the first decisions a business owner must make when…

Lost-Cost Marketing Ideas

Dear M & M: I need some low cost marketing ideas – Dan Dear Dan: Before anyone engages in any marketing you need to do a few things first. To get a serious return on any money spent on any marketing campaign you’ll need a marketing strategy. Before you start you will need to know…

The Importance of a Business Plan

Dear M & M: Why is so important to have a business plan and what goes in one? – Doug Dear Doug: A good business plan will guide you through every stage of your business from start to shut down. It is a way to think through key elements of your business. Business plans can…

Better Connections Through Networking

Dear M & M: My business relies heavily on making connection to other people. How can I make better connections through networking? – Annett Dear Annett: The Definition of networking, “1: the exchange of information or services among individuals, groups, or institutions; specifically: the cultivation of productive relationships for employment or business” – Webster’s Dictionary.  Notice it…

Setting Meaningful Goals

Dear M & M: Any tips on setting meaningful goals for my business? – John Dear John: Every business should have a clear set of goals that everyone in the organization should know about, understand, and have a clear idea on what they should be doing to help accomplish them. In addition, everyone should know…