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A bonus is an extra benefit to reward others. The best thing about a bonus is its a one time increase. You don’t have to give a bonus next time unless your business adopts a bonus plan. When I worked for a publicly traded company they wanted management working together so they implemented a bonus plan based upon yearly improvement in earnings. If you were a manager then you received a bonus based upon the earnings increase. If the company’s earnings increased 14% then every manager received a 14% bonus in that year. If you don’t have a formal bonus plan-then you can reward others based upon what you believe. If you work with the person yearly they may expect the same or higher bonus each year.

A bonus is an extra benefit to reward others. The best thing about a bonus is its a one time increase. You don’t have to give a bonus next time unless your business adopts a bonus plan. When I worked for a publicly traded company they wanted management working together so they implemented a bonus […]

Hi Miguel, you may want to look into detail concerning contents of the soil on the property. The soil could be selenium deficient permitting cows to get white muscle disease do to selenium deficiency. In this case giving a cow a selenium supplement may be something to look in to.

Hi Miguel, you may want to look into detail concerning contents of the soil on the property. The soil could be selenium deficient permitting cows to get white muscle disease do to selenium deficiency. In this case giving a cow a selenium supplement may be something to look in to.

LLC’s ae based upon the State where the entity was formed. You can dissolve an LLC by preparing a dissolution document and filing dissolution paperwork in the State where you are located.. In some jurisdictions you need to file final tax returns to completely dissolve the LLC. Some States allow dissolution electronically which is usually quicker. LLC can be terminated or expire.

LLC’s ae based upon the State where the entity was formed. You can dissolve an LLC by preparing a dissolution document and filing dissolution paperwork in the State where you are located.. In some jurisdictions you need to file final tax returns to completely dissolve the LLC. Some States allow dissolution electronically which is usually […]

The first time you do something even if you have great talent you are likely to make mistakes. Better to make mistakes with someone else’s money. If you want to start X company then I would work for a similar company and learn as much as I can before launching X business. This way you can see what works and what didn’t then when you start your business you will be in a better position to succeed. A mentor would be helpful too if you have one. If you are buying a business think about having the owner stick around in some capacity where she has an incentive to help you grow your business. If starting out, working with successful people will be helpful. You can also surround yourself with smart people.

The first time you do something even if you have great talent you are likely to make mistakes. Better to make mistakes with someone else’s money. If you want to start X company then I would work for a similar company and learn as much as I can before launching X business. This way you […]

Extremely important. Good employees are a huge part of an organization. Surrounding yourself with people more talented then yourself allows your business to grow. Good hires expand your business because everything you do and your employees do get you closer to achieving your goals. Lets use an example. You have an employee responsible for social media. The employee integrates, Facebook, Instagram, Twitter, LinkedIn to post information concurrently, The employee makes certain users can share your posts with their friends and others. You may get 5 more users everyday. Over one year you may get 1500 users. Those users can be monetized versus an employee who doesn’t show up for work, when they do show up they spend their time on the internet and texting and they post to Facebbok three times and tweet once. The good employee will increase your business 1500 and the other employee significantly less. This is one value aspect of having a good employee.

Extremely important. Good employees are a huge part of an organization. Surrounding yourself with people more talented then yourself allows your business to grow. Good hires expand your business because everything you do and your employees do get you closer to achieving your goals. Lets use an example. You have an employee responsible for social […]

The franchisor charges a franchise fee. A licensor charges a licensing fee.. There are a number of factors in determining the franchise fee. Is it for one location? Is it for a large territory? Are you trying to build a large number quickly? Can you support many franchisees? Are you a new or older franchise? Are you in growth stage? The franchisor typically makes more money as they grow and the money is from royalties not franchise fees. $50,000 may sound great but 5% royalty on a store doing $1.5 Million is $75,000 per year per franchise. The typical franchise fee is $25,000 to $60,000. Think long term value not short term franchise fee. The more stores the better the deals for franchisees which make you more valuable.

The franchisor charges a franchise fee. A licensor charges a licensing fee.. There are a number of factors in determining the franchise fee. Is it for one location? Is it for a large territory? Are you trying to build a large number quickly? Can you support many franchisees? Are you a new or older franchise? […]

Reliability is huge. Last night BlueHost a major web hositing company network was down. We are not talking about one of the domains I own. The official website was donwn for over 6 hours. You can protect yourself but you will need to pay more dollars for that reliability. You can have a dedicated server and pay a couple hundred dollars a month so it’s just your site but that doesn’t mean your site wont go down. Even huge companies like Amazon have bugs and sites going down.If you have a site it will go down. The frequency of downtime is the important reliability issue. Bad weather or a fire where the server is located could effect you. Having your site on the cloud is usually more reliable to avoide wetaher and location issues. Do your research. Everyone tries to sell 99.99% uptime.

Reliability is huge. Last night BlueHost a major web hositing company network was down. We are not talking about one of the domains I own. The official website was donwn for over 6 hours. You can protect yourself but you will need to pay more dollars for that reliability. You can have a dedicated server […]

There are approximately 1.2 Billion websites worldwide with a pouplation of 7.4 billion people. The number of websites is doubling every 4 years. The $20,000 budget should be sufficient for many websites. Without knowing your business, functionality requirements, features etc the $20,000 may or may not be enough to build your site. A website requires visitors to monetize. Is the $20,000 yout total funds or just the budget for the site. Typical conversion rates are about 1%. You need a 100 visitors to sell a product, but the product you have will effect even that average rate. How will you get the word out? Everything costs money. PPC, SEO,Social Media,offline marketing. Also you state you have a chaotic work schedule. You don’t build a site and your done. The site is a starting point. You need to devote time not jjust to build a site but to market the site. Once you get some people to the site you need to support those people in the sales, customer service, returns and refunds, not to mention occasional technological issues including servers going down, site hacking and slow sites. Nothing is easy and nothing is quick. Having a business online by creating a website is step one. Depending on your product or service you may need contracts that protect you and a myriad of issues. If you don’t have time because work is chaotic you wont get more time after your site is built and in rare circumstances you wont be making dollars for a while. If your site does start making money you will need to hire people. The people you hire and the way you manage those people will either increase or decrease your success. Good luck

About Ask Brien

Ask Brien is a business community where business owners can ask other business owners questions and receive responses. We at Askbrien.com are focused solely on business. We don’t discuss anything but business on our site. Every business question is important to the person or entity asking. Ask Brien and the Ask Brien Radio Show are great resources for you to obtain information to common questions such as: Should I incorporate? What is a registered trademark? Do I need a domain? What’s web-hosting? Why do I need a website? How can I create an iPhone app and Android app? Am I paying too much in merchant fees? How do I get traffic to my website? Ask Brien is here to help you grow your company into a successful business.

There are approximately 1.2 Billion websites worldwide with a pouplation of 7.4 billion people. The number of websites is doubling every 4 years. The $20,000 budget should be sufficient for many websites. Without knowing your business, functionality requirements, features etc the $20,000 may or may not be enough to build your site. A website requires […]

The hosting companies you reference are generally known as shared hosts. You and 100-1000 people will be stored on a server and pay a low rate. The number of visitors to your site will determine whether shared hosting is a viable method. If you have 20 people per month it wont matter which hosting company you use most likely. Reliability will be based partly upon the type of service you select. Shared hosting v VSP v dedicated service. Also certain hosting companies have specific packages for the programming language of your site. For instance their are hosting companies with WordPress or other programs. If you have a WordPress site then some hosting companies may be more reliable as well.

The hosting companies you reference are generally known as shared hosts. You and 100-1000 people will be stored on a server and pay a low rate. The number of visitors to your site will determine whether shared hosting is a viable method. If you have 20 people per month it wont matter which hosting company […]

It will be helpful to know if you want to export to Poland or import to Poland. Which country you are importing or exporting is also necessary. Some countries have free trade agreements and some require more extensive custom clearing. What method of delivery? Air? Train? What product? Guns versus grain v different items are regulated differently. After you provide the information you will get a much better response.
Poland-export.com is an excellent resource for importing or exporting to Poland. They also have a directory. The directory and site are good places to find your joint venture partner

It will be helpful to know if you want to export to Poland or import to Poland. Which country you are importing or exporting is also necessary. Some countries have free trade agreements and some require more extensive custom clearing. What method of delivery? Air? Train? What product? Guns versus grain v different items are […]