What was the first business you started? Does selling coffee and coffee cake jr’s on the 1970’s gas lines count? My first official one was East Coast Cellular selling car phones we installed in cars. What is your background, and did it help you get where you are today? I am a serial entrepreneur. My…
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Scott Law started Zotec Solutions in 1998 after losing his job at Anthem Inc.’s medical billing subsidiary, Allmed Financial. Anthem pulled the plug on that division, leaving many employees like Law out of work. But this was only a temporary setback. He recognized an unlikely opportunity and decided to take this chance to start his…
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Hi Don, can you tell me more about yourself and your company IFPG? I am the Founder Member of the International Franchise Professionals Group (IFPG); we help people fulfill their business ownership dream. The IFPG is a membership-based organization with more than 1,000 Franchisors, Franchise Consultants, and Vendors. Together, our members guide aspiring business owners through…
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What was the first business you started? My first business was a mechanical contracting business which I started with my partner in 1976. I was still very young and had a lot to learn. What is your background, and did it help you get where you are today? During the early years of my first…
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What is your background, and did it help you get where you are today? I got my first exposure to franchising when I was 6 years old. My father would sell Lawn Doctor franchises from a home office. He was good at it and constantly refined his craft, seeking advice from others and educating himself.…
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“Leadership is not a position or title; it is an action and example.” “Leadership is not title or position; it is a responsibility.” You can be the leader in representing a team for a project or present a new idea. It is a responsibility that you carry, and as a leader, you will be accountable…
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If you’re a small business owner who’s recently decided an LLC, or limited liability company, is the right business structure for your business, and you’ve started preparing your formation papers or Articles of Organization, you probably know by now that you’ll need a registered agent. But what is a registered agent? And how do you…
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What Is an Annual Report? An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. The front part of the report often contains an impressive combination of graphics, photos, and an accompanying narrative, all of which chronicle the company’s activities over the past year…
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When you’re preparing to start your small business, there are many exciting tasks: locking down the perfect business idea, choosing a business name, getting the word out, and so on. In addition to these exciting to-dos, however, there are also the more tedious tasks that need to be done before your opening day—determining your business…
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As a small business owner, you already have enough to worry about. By the time tax season comes around, the last thing you want to think about is the amount of tax you owe. With tax rates subject to change every year and the legal jargon that goes into discussing them, it can quickly become…
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