Kevin Eismann
Owner, Epiphany Law
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www.epiphanylaw.com
"Imagine, owning my own business…I’ve always wanted to have my own restaurant. Uncle Joe just left me $50,000 and the cafe down the street is for sale, and they’re only asking $40,000. That's perfect and I’ll have money left. How hard can it be - buy the restaurant, hire some people and open the doors, right?" WRONG!!
By now, you have probably figured out that owning a business, any business, is not for the weak. After more than a decade of helping business owners in the various facets of business – from start-up to close-up – I’ve been able to develop a list of what I consider to be the top 37 mistakes that business owners make. I thought I would share 5 of the "simplest" and yet most common.
Dave Lindenstruth
Franchisee and owner, HU HUT
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So, you want to start a business, but you don’t have any blockbuster ideas, you lack experience or you’re afraid of trying a new concept? Then, franchising might be for you. Franchising offers numerous benefits, but guaranteed success isn’t one of them.
Entrepreneurs are encouraged to enter the Northeast Wisconsin Business Plan Competition for their chance to win a portion of the $25,000 in total cash prizes being awarded.
The goal of the Northeast Wisconsin Business Plan Competition is to encourage the preparation of business plans for start-up businesses, making significant changes to existing businesses or launching new products in northeast Wisconsin. Business plans are a critical tool in the proper planning and launch of new ventures and are the preferred mode of communication between entrepreneurs, innovators and potential investors.
Kevin Eismann
Dave Lindenstruth