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Real Small Business: Building Your Business Michael Makropoulos From the Editors of Real Small Business Name: Michael Makropoulos Company: Agean Technologies Job Title: CEO ... more »

Real Small Business: Building Your Business From the Editors of Real Small Business E. James Burton on Creating a Business Plan By E. James Burton E. James Burton is Dean of the Jennings A. Jones College of... more »

Real Small Business: Building Your Business Michael Makropoulos From the Editors of Real Small Business Name: Michael Makropoulos Company: Agean Technologies Job Title: CEO Job Description: Advises small-business clients on how to write a business plan and get funding. Michael Makropoulos,... more »

Real Small Business: Building Your Business From the Editors of Real Small Business E. James Burton on Creating a Business Plan By E. James Burton E. James Burton is Dean of the Jennings A. Jones College of Business at Middle Tennessee State... more »

Real Small Business: Building Your Business Balance Sheet Glossary From the Editors of Real Small Business Cash Cash on hand in all checking, savings, and short-term investment accounts when books were closed at the end of the fiscal year Accounts receivable Income derived from all products or... more »

Real Small Business: Building Your Business VII. Financials From the Editors of Real Small Business Financials are used to document, justify, and convince. This is the section in which you make your case in words and back up what you say with financial statements... more »

Real Small Business: Building Your Business VI. Management From the Editors of Real Small Business A good management team can take even a mediocre idea and make it fly. In fact, strong entrepreneurial teams have been known to move from business idea to business idea, repeatedly... more »

Real Small Business: Building Your Business V. Sales and Marketing From the Editors of Real Small Business This section of your business plan describes both the strategy and tactics you will use to get customers to buy your products or services. Sales and... more »

Real Small Business: Building Your Business IV. Development and Production From the Editors of Real Small Business In this section you will describe the current state of your product or service and your plan for completing its development. This is also where you familiarize your reader with... more »

Real Small Business: Building Your Business III. The Market From the Editors of Real Small Business This section is designed to provide enough facts to convince an investor, potential partner or other reader that your business has enough customers in a growing industry, and... more »

Real Small Business: Building Your Business II. Business Description From the Editors of Real Small Business Whether you're looking for money or simply creating an internal document, you must be able to present a clear portrait of what your company does. Your business description is your... more »

Real Small Business: Building Your Business I. Introductory Elements From the Editors of Real Small Business The introductory elements of your business plan - your cover page, executive summary, and table of contents - determine what kind of first impression you make on... more »

Real Small Business: Building Your Business Business Plan FAQ From the Editors of Real Small Business Do I need a business plan if I'm not seeking financing? How do investors read a business plan, and what do they look for? ... more »

Real Small Business: Building Your Business Andrew J. Sherman From the Editors of Real Small Business Name: Andrew J. Sherman Company: McDermott, Will & Emery Job Title:... more »

Real Small Business: Building Your Business From the Editors of Real Small Business Fred Steingold on Structuring The Business By Fred Steingold Fred Steingold, a business lawyer in Ann Arbor, MI, is the author of Legal Guide... more »

Real Small Business: Building Your Business Andrew J. Sherman From the Editors of Real Small Business Name: Andrew J. Sherman Company: McDermott, Will & Emery Job Title: Capital Partner Job Description: Provides legal services to entrepreneurs Andrew J. Sherman is capital... more »

Real Small Business: Building Your Business From the Editors of Real Small Business Fred Steingold on Structuring The Business By Fred Steingold Fred Steingold, a business lawyer in Ann Arbor, MI, is the author of Legal Guide for Starting and Running a Small... more »

Real Small Business: Building Your Business State Offices of Incorporation From the Editors of Real Small Business Each state has different guidelines and regulations for incorporating your business. To learn what you need to do, you will need to contact the department that handles... more »

Real Small Business: Building Your Business Basics of a Sole Proprietorship From the Editors of Real Small Business Sole proprietorship is the quickest and easiest business structure to adopt. If you don't incorporate and don't have a partner, you are automatically a sole proprietor. Legally, you... more »

Real Small Business: Building Your Business Basics of an S Corporation From the Editors of Real Small Business S Corporation status gives you the liability protection of a corporation, and allows you to pay taxes on the same basis as a sole proprietor or partnership,... more »

Real Small Business: Building Your Business Basics of a Professional Corporation From the Editors of Real Small Business Groups of certain professionals can form corporations knows as professional corporations or professional service corporations. The list of professionals covered by professional corporation status differs from state to... more »

Real Small Business: Building Your Business Basics of a Non-Profit Corporation From the Editors of Real Small Business The primary benefit of being a non-profit (or not-for-profit) corporation is that you are exempt from paying income taxes. You must qualify for tax-exempt status under the Internal... more »

Real Small Business: Building Your Business Basics of a Limited Partnership From the Editors of Real Small Business Limited partnerships are typically used for real estate investing or in situations where a business is looking to finance expansion. For most small businesses, forming a general partnership... more »

Real Small Business: Building Your Business Basics of a Limited Liability Company From the Editors of Real Small Business A limited liability company (LLC) has the liability protection of a corporation but the tax status of a partnership. In other words, while you get liability... more »

Real Small Business: Building Your Business Basics of a General Partnership From the Editors of Real Small Business If you have business partners, you have the option of forming a partnership instead of incorporating. Should you choose this route, experts highly recommend that you formalize this... more »

Real Small Business: Building Your Business Overview: Corporations From the Editors of Real Small Business While incorporation requires more paperwork and expense than sole proprietorship, it does give you one critical benefit - protection from liability. A corporation is a separate legal entity from... more »

Real Small Business: Building Your Business Basics of a C Corporation From the Editors of Real Small Business The main difference between a C Corporation and other business structures is that a C Corporation files and pays corporate income taxes directly. This is because, C Corporations... more »

Real Small Business: Building Your Business Choosing a Board of Directors From the Editors of Real Small Business If you have chosen to organize your company as a corporation, you are legally required to have a board of directors. Whereas your management (i.e. CEO and... more »

Real Small Business: Building Your Business Terri Levine From the Editors of Real Small Business Name: Terri Levine Company: Comprehensive Coaching U Job Title: President Job Description: Advises entrepreneurs. Terri Levine, who runs Comprehensivecoachingu.com in North Wales, PA, advises many entrepreneurs.... more »

Real Small Business: Building Your Business From the Editors of Real Small Business Fred Steingold on Starting Up By Fred Steingold Fred Steingold, a business lawyer in Ann Arbor, MI, is the author of Legal Guide for Starting and Running a Small Business,... more »

Real Small Business: Building Your Business Coming Up With a Winning Business Idea From the Editors of Real Small Business Developing a business idea is a matter of creating a vision, leveraging your strengths and determining what the market needs. These three steps should... more »

Real Small Business: Building Your Business Getting a Tax ID Number From the Editors of Real Small Business If you are a sole proprietor who has employees, or you are a partnership or incorporated, you will have to get a federal tax ID number,... more »

Real Small Business: Building Your Business Fast-Growth Startup Resources From the Editors of Real Small Business If you're looking for financing for your fast-growth startup, there are a wide variety of Web resources you can turn to for help. These sites can help: ... more »

Real Small Business: Building Your Business Researching Your Business From the Editors of Real Small Business Once you've determined what you're good at and what the market needs, its time to do some research. This may seem obvious, but its one area where many... more »

Real Small Business: Building Your Business Registration, Licenses, and Permits From the Editors of Real Small Business Do you need to register your business? How do you determine what licenses and permits you will need? Business licensing requirements vary from city to city,... more »

Real Small Business: Building Your Business Your Personal Savings From the Editors of Real Small Business How much personal savings should you have before you start a business? Conventional wisdom is that you should have up to 12 months worth of living expenses... more »

Real Small Business: Building Your Business Terri Levine From the Editors of Real Small Business Name: Terri Levine Company: Comprehensive Coaching U Job Title: President ... more »

Real Small Business: Building Your Business From the Editors of Real Small Business Fred Steingold on Starting Up By Fred Steingold Fred Steingold, a business lawyer in Ann Arbor, MI, is the author of Legal Guide for... more »