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What is a Fair Ownership Split in a Startup?

What are the factors to consider in dividing ownership shares in a startup business?
Copyright © 2013 University of Wyoming This summer I got a lot of questions about how to allocate ownership interests in a startup—what to give key employees, and what was… http://www.wyomingsbdc.org/blog1/2015/11/what-fair-ownership-split-startup/

Start a Franchise Business or Start Your Own?

A common question we receive is whether it is better to start a new franchise or start a new business. This blog post will help you decide for yourself and the business you want to open would be better as a franchise or as your own creation.
Copyright © 2013 University of Wyoming To Start a Franchise or Build Your Own Business?  Franchising allows you to use someone else’s business model and usually supplies,… http://www.wyomingsbdc.org/blog1/2014/11/start-franchise-business-or-start-your-own/

Plan, to Make More Money!

You can still create a budget for 2014.
Copyright © 2013 University of Wyoming I always recommend that business owners prepare an annual budget as part of their strategic planning process.  As far as being too late… http://www.wyomingsbdc.org/blog1/2014/03/plan-make-more-money/

How Do I Grow My Business?

Businesses are always trying to grow or expand. Recently I was asked just what does that mean. Here is "growing" a business in a nutshell.
Copyright © 2013 University of Wyoming There are four fundamental ways to grow your business: Market penetration – sell more of your same products to more of the same… http://www.wyomingsbdc.org/blog1/2013/11/how-do-i-grow-my-business/

"Do the Right Thing" is Not a Code of Ethics

Businesses with ethics programs and profits correlate, but many small businesses do not have ethics programs or feel they don't need them. This post provides some reason and thought behind why businesses should be interested in business ethics.
Copyright © 2013 University of Wyoming I had the owner of a large business suggest that her code of ethics was enough and it was simply to tell her employees to "do the right… http://www.wyomingsbdc.org/blog1/2013/11/do-right-thing-not-code-ethics/

Change Strategy

When a new manager is hired, change will likely follow. This isn’t a bad thing...unless the manager doesn’t implement the change thoughtfully. If you find yourself in this position, don’t rush into change, be thoughtful, analytical, and make a plan!
Copyright © 2013 University of Wyoming When a new manager is hired, change will likely follow.  This isn’t a bad thing...unless the manager doesn’t implement the change… http://www.wyomingsbdc.org/blog1/change-strategy/

Interns Rock!

No time? No money? No problem! Try hiring an intern. I have had interns for the past 6 years and they are a great way to stretch your resources and to bring enthusiasm, dedication and hard work to your business.
Copyright © 2013 University of Wyoming Want to find a way to get that project completed…you know the one you really want done, but which you never seem to find time for?  … http://www.wyomingsbdc.org/blog1/interns-rock/

Organizing Your Office

As summer begins to wind down and fall is just around the corner, I look at how I can organize my life at home and in the office. My home office has piled papers on my desk waiting to be filed, old files needing to be cleaned out and it seems like clutte…
Copyright © 2013 University of Wyoming As summer begins to wind down and fall is just around the corner, I look at how I can organize my life at home and in the office.  My… http://www.wyomingsbdc.org/blog1/organizing-your-office/

Time to Play Hooky?

Conventional wisdom suggests that when you are falling behind, you should just work a little harder to get more done. Productivity experts have filled book store business sections with tools and systems that can help you improve your performance and prod…
Copyright © 2013 University of Wyoming Conventional wisdom suggests that when you are falling behind, you should just work a little harder to get more done.  Productivity… http://www.wyomingsbdc.org/blog1/time-play-hooky/

Guest Blogger: Tim Bursch and "4 Tips to Profit and Impact"

More people want to integrate their social interest and business. But how do you make a profit and social impact? It doesn’t matter if you're running a bakery or a bank. You can make a difference. Consider these 4 steps and integrate a social mission int…
Copyright © 2013 University of Wyoming Guest blogger Tim Bursch is a passionate about integrating business and social change. He lives in Minneapolis with his wife Heather… http://www.wyomingsbdc.org/blog1/guest-blogger-tim-bursch-and-4-tips-profit-and-impact/

Executive Coaching: Is this for You?

Executive coaches are used extensively (well, perhaps before our current economic crisis) by large companies. A few years ago a study found that 86% of large companies surveyed used executive coaches to prepare their lower and middle managers for more adv…
Copyright © 2013 University of Wyoming I have been hearing a lot about executive coaching and decided to share some information, in case some of you are considering this… http://www.wyomingsbdc.org/blog1/executive-coaching-you/

I Have No Competition (and other fairy tales)

Copyright © 2013 University of Wyoming One of the most common statements that I hear from businesses, especially those that have invented a product, is that they have no… http://www.wyomingsbdc.org/blog1/i-have-no-competition-and-other-fairy-tales/

Wired Wyoming Companies Do Business Around the World

In an Associated Press news article dataed November 24, 2008 entitled "Information superhighway drives entreprenuerial spirit", Mead Gruver discusses the impact that companies are having in Wyoming that take advantage of our state's excellent internet ban…
Copyright © 2013 University of Wyoming In an Associated Press news article dated November 24, 2008 entitled "Information superhighway drives entrepreneurial spirit", Mead… http://www.wyomingsbdc.org/blog1/wired-wyoming-companies-do-business-around-world/