The small family office that is managing the wealth of the world's richest person and is helping put together the largest-ever acquisition by one person is shrouded in secrecy https://t.co/0qmi14WxMH
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Tell us about your BEST employee (current or not)
So often we come here to vent or look for help with a difficult situation with a challenging employee, so I figured why not turn the tables and talk about your best person (or team) on staff. What did this person/team do that really helped out, how did they rise to the top, are they still with you or have they moved on, how did they come to you in the first place, what was it about them that you wish you could replicate over and over? Can't wait to read the good stuff!
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Too many of us build our lives around avoiding unpleasant but professionally useful tasks. https://t.co/ujOS2k7hhO
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How do you determine if a small business is worth buying and what metrics do you look for in returns?
I just want to understand how a potential buyer would evaluate a small business acquisition and funding it with both debt and equity. Let's just say the hypothetical purchase price of the business is 1 million dollars. 10% equity injection = $100,000 90% SBA financing = $900,000. Let's say net operating income is $250,000 a year. (is that pretty reasonable/average for a business selling for 1 million?) Let's say I want to analyze the return for the 1st year and also for a 3 year hold and 5 year hold. What metrics do you calculate for (and what do you ignore) and how do you calculate it? ROI is the first that comes to mind of course but what about ROE? How do you take the debt financing into account for the returns?
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Russia will cut off the gas to Poland and Bulgaria on Wednesday in a major escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine https://t.co/NpxP087HvX
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For the articles of organization, I need a physical address. However, it'll be an e-business. What can I do?
Hello all. I'm interested in opening up a virtual business. However, to file my articles of organization, I need a physical address. My life situation is a bit... unorthodox and I don't have a physical address. How can I circumvent this? Thanks!
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⚡️ “The small family office that is managing Elon Musk's $44 billion Twitter buyout is shrouded in secrecy” by @ReutersBiz https://t.co/ZzFG9lIvZy
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We’re programmed to procrastinate. We all tend to struggle with tasks that promise future upside in return for efforts we take now. https://t.co/dhEV9YQt2y
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Russia is going to halt the flow of gas to Poland and Bulgaria from Wednesday, stepping up Moscow’s efforts to weaponise energy supplies over its invasion of Ukraine https://t.co/EDxh6YvDcU
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For female employees, the Great Resignation may only be getting started. More than half of the 5,000 women surveyed by the consulting firm Deloitte LLP said they intend to quit their jobs within the next two years. Burnout was the top driver for those currently looking for new employment, as most said they felt more stressed today than they did a year ago in the survey released Tuesday. Overall, one in three women said they had taken time off from work due to their mental health, and almost half rated their mental health as “poor/very poor.” Rates were worse for women who belonged to ethnic minority groups, as well as those in middle-management and part-time roles and women aged 18-25. More at the link in bio. 📷: Photographer: Maskot/Getty Images
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What are the very FIRST steps to creating a business?
My family lived in a rural area and did power washing and sealing blacktop. I have all the necessary equipment and supplies. However everything was under the table and cash only. I would like to do it correctly now but have no experience in running a business. Where do I start?
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