Friday Blog Scan: Things We Liked from the Week That Was

Posted on 10. Jul, 2009 by Jason Steele.

While Twitter seems be all the rage these days, Facebook’s new fan pages for businesses offers entrepreneurs a new way to build brand recognition “build brand recognition, keep customers updated on the latest happenings, and get them inside your stores.” Lisa Barone’s post on SmallBizTrends offers some quick steps for how to create your Facebook [...]

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So, Who’s Really Shaping Our Future?

Posted on 17. Jun, 2009 by Sherry Chris.

I attended my very first RE BarCamp just a few weeks ago. BarCamps are scheduled one day events in major cities across the country. The attendance is usually between 100 and 300 agents, brokers, suppliers. Not many CEOs. There are no preplanned agendas, no major sponsors to feel obligated to, people check their egos at the door. Everyone [...]

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It’s Time to Consider Succession Planning

Posted on 13. Apr, 2009 by Robert Albanese.

Recent surveys provide some alarming statistics. Only one percent of family-owned businesses in North America reach a third generation with family members running them. Another report shows that 30 percent of all family-owned businesses have not considered a successor, with only 63 percent having done so when the owner has already reached age 65. Finally, another recent survey shows that more than 58 percent of small-business owners list inadequate succession planning as the biggest threat facing their business.

Given the fact that 90 percent of the 18 million-plus businesses in America are family-owned and managed, it’s obvious that a solid succession plan will be important should the majority owner.

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