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I am one of the founders of a small corporation and have a minority stake in it. My talents, input and ongoing contribution of effort and time have helped this company to become what it is. Now it requires more and more of my time (60-75 hours/wk) to run it and I spend more time than other owners. The company is profitable, but not to extent that it can pay market price for my time. As business changes I feel that my input grows more and more valuable while my ownership stake remains the same. How do I approach my partners with proposal to change ownership stake? Is this even appropriate? Stakes were negotiated initially, but they are no longer accurate as far as I am concerned.
Thanks in advance for your opinion.

Having been in this situation, you need to determine for yourself how much this is bothering you now and how much it will in the future. The imbalance can turn into a business threatening dilemma for all, however, right now you may be the only unhappy one. Two courses of action, one, be prepared to leave (as in start looking for another job and have one in hand) and then negotiate from a position of strength, in other words, be ready to leave. Two, give them a written proposal now with the revised deal structure and a time line to respond. If they do not respond, see plan 1. I would personally do both. If 2 doesn’t work, don’t "tip" your hand that you are pursuing another option, stay cool.

This may mean that your equity stake may not be worth much, however, it also may get you what you want.

Alright I have an assignment where I have to make a guide with rules, tips, and advice about growing a business empire such as starbucks. I chose Starbucks as an example. Can anyone help me find some steps that you would take to grow your Starbucks empire? For example: Getting employees, getting costumers, ext. Its basically just a hand book on how to create your own empire of something. If anyone would help that would be awesome. Be creative!

go to google and type in executive summary.. or business plans.. you should be able to find a lot of free stuff that will give you a picture of how to do it.. the executive summary is a complete overview of a business from start to finish.. that is the best and fastest way to get the information you want.. good luck

Depends on the business. The main factor is increase cost, of course you will have more income. So if you manufacture a product you will need more raw material, or more machines to meet demand. In the service industry you will need more people, so bigger payroll. Also everything will go up, you may need more space, the list goes on. You have to be able to handle the extra growth, so if you are doing everything and at your limit you will need to delegate so your customers do not get hurt

I am in the process of building my business ventures that will emcompass my life over the next few years. I am thinking of making sure the loan will cover all of my expenses (basic home expenses ok 24k) while I work and grow for the first year.Good idea or bad idea?

No.

You should save enough to cover your expenses for at least a year until the business starts producing money. The reality if the business fails, you still have to pay back the loan without any money coming in. Running a new business is challenging. Regardless of what you hear about all the resources that are out there, they all want their money.

Cheers and good luck!

What problems might emerge as your business grows and you need to adapt and make any necessary changes?

If your business grows too rapidly, your back office systems and number of employees may not be able to handle the growth in a positive way. For example, your customer service could suffer because customers have longer wait times for a phone rep due to higher than expected call volume.

Hope this helps.

Honest answers only, please. Don’t give me a ‘lecture’ you don’t know my reason for asking and it’s none of your business anyways.

Yes. Anytime there is a nutritional deficiency hair loss can occur and the skin can become weakened. Eating disorders also effect internal functions too, basically, if you see signs and symptoms on the outside, then there are probably many more on the inside. The teeth can also start to decay. If the disorder involves emesis,(throwing up)…then the tooth decay and throat irritation will be more pronounced. It is hard to give specific advice without knowing all the details about what your asking. I suggest seeking professional medical intervention for whomever your asking this for, because treating these disorders can be tricky, even for those of us in medicine. It is psychological just as much as it is physical. Catching it early makes a HUGE difference.

You own your own small party supply and rental business. You maintain an Excel list of potential customers and clients who have rented or purchased from you in the past two years. The list includes both physical mailing addresses and e-mail addresses for each person listed. You have a “category“ code to show whether the contact is a client. If they have done business with you, they show a code of “CUST” for customer. If they are potential customers who have not yet purchased or rented from you, they are coded as “PROS” for prospect.

You want to grow your business, and feel the best way to do this is to solicit additional business from past customers. Respond fully to the following questions regarding this task:

A – (TCO 4) You want to be able to separate your customers from your prospects. Explain how you would do this using Excel.
B – (TCO You want to send a letter to each customer, but you don’t want it to sound impersonal. Explain how you might achieve this using your Excel file.
C – (TCO 7) If you get the results you expect to get from contacting your customers, you want to be able to do this every month. Explain how you might use Excel to automate the process of separating your list as you did in Part A.
D – (TCO 6) You anticipate that your income will increase by 2 percent over the next two months for each 50 letters sent. You want to gauge the impact on your sales of mailing 50, 100, 150, and 200 letters. What Excel tools would you use to evaluate the possible outcome of mailing at each level? Explain.

Go with B

I want to run my own business when I grow up… And I also want to study for something else. So how long will it take to study to run my business??

bill gates dropped out of college and look how far he got. i would never recommend dropping out of college, though, because starting a business is a huge risk and having a degree is important to keep other options open. creating a successful business doesnt require a specific amount of schooling. it depends on whether or not you have a natural ability or need some training. it just depends on the person.

Hi, some one told me that in Canada you can start your own business and the goverment can help you by giving you the first year some amount like a salary until your business grows.

Is that true?

And who knows any good businesses to start at home?

Or companies that allow you to work from home?

thanks

If you are happy to move and explore you can set up as a self employed real estate agent( rentals, property management) or sales broker in Mexico. You need hardly any capital( I started with $300) – you need no experience or training or qualifications. It is much less regulated and less complicated than US or Canada and you do not need licenses of any kind and you can work from your home. Most of clients are expats from US, Canada, and a few Mexicans so you can get by with very little Spanish and learn more at your leisure. I started with no prior experience, worked out of my home with an answer machine and a car – very quickly had hundreds of clients.
You can work independently as a broker and at the same time work for others.

The commissions are 6 and sometimes 7 %. And because the buyer invariably does not have his own agent here, as the selling broker, you get the full commission. It’s a seller’s market where I live – a very prosperous, upscale small town in Guanajuato that is growing rapidly and a very popular holiday resort – people come from all over the globe. Also there is a big demand for rentals in all price ranges- so many agents do sales and rentals.
There are many considerable advantages in not only operating a business here, but in the lifestyle you can enjoy which offers much more than in the US. Your money goes a long way – cost of living is considerably less than in the US. Of course the excellent weather, year round sun and outdoor living are some of the benefits and some of the major attractions. The Mexicans here are very friendly and welcoming, many speak English and they are hard working employees.
Some of the properties here are comparable in price to those in US (in the millions of $$).
I can be emailed if you would like to know more

Source(s):
Broker/Agent for 17 years

Is it because the idea was bad and not enough people used the business, or is it because the owner doesn’t know how to grow the buisness well?
There has to be a reason why some businesses dont grown because there are some fantasically skilled business people who own great businesses but arnt known to many people.

And if its down to the owner how would you make your business grow if you had one?

simple answer

advertsing is key to any bussiness i see it here in my own block 6 bussiness have come and gone at one location and new chinese resatarnt is going to fail also

hardly see any customers in there they are always sitting around waiting for phone to ring etc…

BUT right down the street a place thats been there 4 years is making $1000′s per day 7 days a week

total blitz advertsing full page ads in local neighborhood paper TV and radio every week and the food is ok but thier pizza sauce is YUCKKKKKKKKK

but it’s just good enough and large menu to make them rich

the Drivers are making $800 a week in 5 days

rule of thumb in any biz online or real world

STOP advertsisng When YOUR Ready to Close YOUR Doors

i have had my own bussiness yrs ago and was succesful advertised in yellow pages and local paper and gave out my card to everyone i met