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Many people know that owning a business isn’t for them.  But for others, the appeal and lure of owning their own business can be powerful indeed.  If you are uncertain as to whether or not this path is for you, there are a few simple questions you can ask to gain almost instant clarity.  In this article, we will explore those key questions and help you determine if owning a business is in your future. 1. Are You Dedicated to

Banks love collateral and for a very simple reason.  If you have collateral, then the bank has something it can take if you fail to repay your loan.  At its heart, collateral is a remarkably simple concept.  However, unfortunately, many people who want to start a business lack it.  All of this leads us to the simple question, “Can I start a business without a collateral. 1. Try the SBA There are ways that you can start a business without

Since one often hears the term “fair value” or “fair market value,” it would be easy to assume that “fairness opinion” means the same thing.  A fairness opinion may be based to some degree on fair market value, but there the similarities end.  Assume that you are president of a family business and the other members are not active in the business, but are stockholders; or you are president of a privately held company that has several investors/stockholders.  The decision