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    10 Ways to Protect Your Online Persona
    Resume? Check. References? Check. A positive online persona? What?!If you haven't thought about the role your Web activity and e-mail personality play in your hiring potential, it's time to give it some consideration. Because in our current tech-savvy culture, employers can learn all they need to know about you before you even get an interview. Here are some tips on successfully managing your online persona, and boosting your hiring potential.Regulating Your Recreational Web Activity: 1. Don't use your real name. Whether you're blogging, sharing photos, or posting on message boards, it's important to use shorter names or nicknames. Your potential boss does not need to stumble onto your

    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corp
    An Open Letter To Weis Markets
    I have discovered that there are many little things that make moving to a new home a rich experience. Simple changes such as finding a new place to get your groceries can be an amazing journey of discovery. This was the case for me when we moved just far enough away from my favorite grocer to require a back up store closer to my new home. Welcome to Weis Markets.My welcome to Weis was an unforgettable experience. As I stepped out of my car for that first visit and my foot touched the parking lot it landed in chewing gum. Gum in a parking lot can really happen to any business, but this lot looked grimy. I guess with 157 stores though, that is a “lot” of parking lots to keep up with, and I am sure that Weis is too busy to care abo
    If you are considering purchasing a business you should take the time to define your “must have” and, to a lesser extent, “ideal” business purchase criteria before you take your first step to find a company to buy.

    It is important to define what your absolute business purchase criteria are and what attributes of a company are just “nice to have”. Having these clearly defined and written will add a significant amount of efficiency to the entire business sourcing, definition, qualification and eventual purchase process. If you choose to utilize a business acquisition intermediary to assist you in finding your ideal acquisition candidate, having this fundamental information clearly defined will help them best serve your business purchase needs.

    Business purchase criteria can be divided into two fundamental categories, “practical” and “subjective”. Practical business purchase criteria is best defined as purchase benchmarks that make sense to use no matter what business purchase transaction is made, these terms simply make practical sense. Subjective purchase criteria, like the term suggests, are business attribute measures and conditions that correlate with your own personal purchase criteria or preferences, business experiences, knowledge and risk/ reward tolerance levels.

    Practical Business Purchase Criteria:

    The potential list of business purchase criteria, terms and conditions can be long. The best way to start the process of defining your specific practical purchase criteria is to first list the general practical criteria categories when seeking a business to buy. These are categorically listed below, you may want to consider customizing them for your own use:

    Business type:
    Service provider, manufacturer, distributor, wholesaler, retailer, software or E commerce based, or any combination thereof

    Type of products or Services:
    Proprietary or generic, industrial or consumer, technical or non-technical, patent protected or not, software based or not, regional or international demand

    Business Existence Phase:
    Start-up, early stage, emerging growth, established or turnaround

    Primary Market Focus:
    Refer to the established Standard Industrial Classification (S.I.C.) code list: Construction, Mining, Transportation, communications, to name a few

    Sales revenue and associated profit levels:
    Common criteria to define company “size” thresholds, minimum levels mostly, results defined for stipulated time frames, audited or not

    Business headquarter location:
    Domestic only or international, regional or local

    Type of business purchase transaction sought:
    Complete buyout, recapitalization, bankruptcy revival, investment only

    Subjective Business Purchase Criteria

    Defining subjective business purchase criteria, terms and conditions is often an ongoing process, difficult to do in one sitting because it truly is a “learn and accumulate as you go” process. Listed below is a good start at defining some of the most significant subjective criteria categories you might also want to consider and edit for your own requirements:

    * Voting control
    * Availability of future business buyers
    * Owner reasons for sale
    * Seller willingness to stay post sale
    * 5 year growth potential
    * Quality of existing management
    * Brand names
    * % of total sales from international
    * Customer purchase loyalty
    * Industry leadership position
    * Real Estate issues
    * Customer revenue concentration/ mix
    * Pending litigation
    * Existing binding contracts
    * Company affiliations
    * Level of technology protection
    * Internet presence
    * Image of the industry
    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corpo

    The Psychology Of Packaging - Part III
    In this final edition of our packaging series we're going to look at some more marketing strategies of packaging where what you see on the outside is not necessarily what you get on the inside.When you think about it, some of the most interesting packages are those that are actually part of the product itself.Take deodorants.There is one in particular that is so fancy looking you have to wonder if what's inside is not only going to keep you from stinking like a pig but also cure your baldness and pop a genie out of a bottle. I'm referring to Caix Extreme. The cap is kind of a dome shape that looks like something out of "The Day The Earth Stood Still", the lettering on the bottle itself is hard to describe but appears to
    chmarks that make sense to use no matter what business purchase transaction is made, these terms simply make practical sense. Subjective purchase criteria, like the term suggests, are business attribute measures and conditions that correlate with your own personal purchase criteria or preferences, business experiences, knowledge and risk/ reward tolerance levels.

    Practical Business Purchase Criteria:

    The potential list of business purchase criteria, terms and conditions can be long. The best way to start the process of defining your specific practical purchase criteria is to first list the general practical criteria categories when seeking a business to buy. These are categorically listed below, you may want to consider customizing them for your own use:

    Business type:
    Service provider, manufacturer, distributor, wholesaler, retailer, software or E commerce based, or any combination thereof

    Type of products or Services:
    Proprietary or generic, industrial or consumer, technical or non-technical, patent protected or not, software based or not, regional or international demand

    Business Existence Phase:
    Start-up, early stage, emerging growth, established or turnaround

    Primary Market Focus:
    Refer to the established Standard Industrial Classification (S.I.C.) code list: Construction, Mining, Transportation, communications, to name a few

    Sales revenue and associated profit levels:
    Common criteria to define company “size” thresholds, minimum levels mostly, results defined for stipulated time frames, audited or not

    Business headquarter location:
    Domestic only or international, regional or local

    Type of business purchase transaction sought:
    Complete buyout, recapitalization, bankruptcy revival, investment only

    Subjective Business Purchase Criteria

    Defining subjective business purchase criteria, terms and conditions is often an ongoing process, difficult to do in one sitting because it truly is a “learn and accumulate as you go” process. Listed below is a good start at defining some of the most significant subjective criteria categories you might also want to consider and edit for your own requirements:

    * Voting control
    * Availability of future business buyers
    * Owner reasons for sale
    * Seller willingness to stay post sale
    * 5 year growth potential
    * Quality of existing management
    * Brand names
    * % of total sales from international
    * Customer purchase loyalty
    * Industry leadership position
    * Real Estate issues
    * Customer revenue concentration/ mix
    * Pending litigation
    * Existing binding contracts
    * Company affiliations
    * Level of technology protection
    * Internet presence
    * Image of the industry
    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corp

    Successful Projects: It's Not Rocket Science
    There is no worse person to be than the project manager at the end of a failed project. As an IT project manager, I have experienced that feeling and I can tell you it's not nice. IT projects are particularly difficult to manage. In fact there really aren't any IT projects, just projects that have elements of IT in them.The trouble with these projects is that often you are doing something that hasn't been done before, is unproven or cutting edge. Customers expect a good result not excuses, even though these projects are frequently a journey into the unknown. If we take the construction industry, building a new bridge for instance, we have been building bridges for hundreds of years and know how to do it. We understand how things are goi
    of products or Services:
    Proprietary or generic, industrial or consumer, technical or non-technical, patent protected or not, software based or not, regional or international demand

    Business Existence Phase:
    Start-up, early stage, emerging growth, established or turnaround

    Primary Market Focus:
    Refer to the established Standard Industrial Classification (S.I.C.) code list: Construction, Mining, Transportation, communications, to name a few

    Sales revenue and associated profit levels:
    Common criteria to define company “size” thresholds, minimum levels mostly, results defined for stipulated time frames, audited or not

    Business headquarter location:
    Domestic only or international, regional or local

    Type of business purchase transaction sought:
    Complete buyout, recapitalization, bankruptcy revival, investment only

    Subjective Business Purchase Criteria

    Defining subjective business purchase criteria, terms and conditions is often an ongoing process, difficult to do in one sitting because it truly is a “learn and accumulate as you go” process. Listed below is a good start at defining some of the most significant subjective criteria categories you might also want to consider and edit for your own requirements:

    * Voting control
    * Availability of future business buyers
    * Owner reasons for sale
    * Seller willingness to stay post sale
    * 5 year growth potential
    * Quality of existing management
    * Brand names
    * % of total sales from international
    * Customer purchase loyalty
    * Industry leadership position
    * Real Estate issues
    * Customer revenue concentration/ mix
    * Pending litigation
    * Existing binding contracts
    * Company affiliations
    * Level of technology protection
    * Internet presence
    * Image of the industry
    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corp

    2007 Change Management and Averting Chaos
    All things in life experience change and everywhere we look everywhere we go we observe change. We see the seasons change, the weather change, our bodies change and we experience events bringing about change. We know that changes must be made in the heat of battle on the sports field during the game where new players are brought in and a transition is made for an upcoming defensive or offensive play. Change is often necessary, change is often forced and change is often the most favorable strategy to win.Everyone knows and it is indeed no secret that anytime you change the human leadership on a sports team, government agency, non-profit group or business entity that there will be a short term transitional time that can cause short-term d
    jective business purchase criteria, terms and conditions is often an ongoing process, difficult to do in one sitting because it truly is a “learn and accumulate as you go” process. Listed below is a good start at defining some of the most significant subjective criteria categories you might also want to consider and edit for your own requirements:

    * Voting control
    * Availability of future business buyers
    * Owner reasons for sale
    * Seller willingness to stay post sale
    * 5 year growth potential
    * Quality of existing management
    * Brand names
    * % of total sales from international
    * Customer purchase loyalty
    * Industry leadership position
    * Real Estate issues
    * Customer revenue concentration/ mix
    * Pending litigation
    * Existing binding contracts
    * Company affiliations
    * Level of technology protection
    * Internet presence
    * Image of the industry
    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corp

    How Do I Benefit From International Trade
    International trade is the exchange of goods and services between countries. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events. Political change in Asia, for example, could result in an increase in the cost of labor, thereby increasing the manufacturing costs for an American sneaker company based in Malaysia, which would then result in an increase in the price that you have to pay to buy the tennis shoes at your local mall. A decrease in the cost of labor, on the other hand, would result in you having to pay less for your new shoes. Trading globally gives consumers and countries the opportunity to be exposed to goods and services not available in their own countrie

    * Cleanliness issues
    * Success dependency on # of employees
    * Industry macro trends
    * Labor force organization
    * Non-compete terms
    * Quality of board of directors
    * $ level of assets
    * Level of owner financing
    * Earn out financing terms
    * New products in the pipeline
    * Seller integrity
    * Seller personality
    * Relocation requirements
    * Level and terms of debt
    * Purchase price calculation
    * Ease of due diligence required
    * Financials audited or not
    * Location(s) of satellite operations
    * Status of computer systems
    * Condition of manufacturing equipment
    * Level of competition
    * Personal interest in their markets
    * “Fit” with existing business
    * Liability of the products/ services
    * Length Product life cycles
    * Breadth and depth of offerings
    * Hazardous waste issues
    * Pending legislation
    * Corporate culture issues
    * Level of government intervention
    * Seasonality of revenues
    * Availability of critical raw materials
    * Representation/ Distribution
    * Acquisition candidates in the space
    * Cash flow
    * Capital required to grow the business
    * Customer support required
    * Financial status of key customers
    * Current level of market share
    * Customer churn rates

    When you think about it and actually get involved in pursuing a company purchase, you quickly realize that your success rate of finding your “ideal” company to purchase is a direct result of your ability to effectively locate viable potential acquisition candidates and cost effectively DIS-qualify them via your own, “well honed” business purchase criteria checklist.

    Take the time and put in the effort required to finalize your business purchase criteria early on in your business purchase methodology. The old adage, “If you don’t know where you are going, you are certain not to get there” applies in this process. Finding a company to purchase that meets your EXACT purchase criteria rarely happens, but as you learned here, it all depends on the depth and breadth of your practical and subjective business purchase criteria.

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