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Entrepreneurs often only work for themselves, but leadership skills are a must when you have majority ownership with your partners or when you bring on employees How leadership skills can give your company direction, set the tone of your business, and create and maintain a cohesive company Clear communication, developing a vision, and other advice for stepping into the role of a leader
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Uncertainty is certain to occur in business, and can come from many different sources Understanding the four different types of business uncertainty Tips for enduring uncertain times, or even turning them to your advantage
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Knowing when it’s time to sell your business Determining your business value and pre-qualifying buyers Preparing the necessary documents and deciding whether to use a broker
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Key steps for acquiring funds for starting or growing a business Potential avenues for financing A word of caution on alternative fintech lenders
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Community development financial institutions offer an alternative source of funding with higher approval rates CDFIs seek to broaden economic opportunities for low-income and minority communities The pros and cons of using CDFIs for your business financing needs
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A small business Action Plan is useful for introducing new products and services, expanding staff, and other purposes An 11-step process for creating this plan A real world example of an Action Plan used to meet the objectives of a med spa business
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Investors can provide funding to help a promising new business grow The components necessary for a successful investment pitch How different types of investors work and what they’re looking for
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Using a systems approach when developing a new product or service Conducting a careful analysis to determine if the new product or service will be feasible Validating and implementing the new offering before bringing it to market
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The laws governing how a business’s establishment is recorded, with a focus on Connecticut protocols Choosing a business structure, registering with the Secretary of State, and other key steps Checking for additional regulations at the local or federal level
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A service describing itself as the world’s largest community of investors and early stage investors Online tools for entrepreneurs to start, run, and raise funds for their companies Creating a free profile and getting started
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