"A number of years ago some friends and I formed a nonprofit organization to benefit a certain group in our community. It was granted tax-exempt status by the IRS under Section 501(c)(3) of the Internal Revenue Code.
We strongly feel that our mission will be impacted by the outcome of this year's Presidential election. Both our attorney and ...Read more
Since 2008, when eBay stopped its annual eBay Live! trade show, internet retailers -- retailers who sell merchandise on their own website or a large online platform, such as eBay, Amazon and Etsy -- have been looking for an event where they can learn about the latest marketing and management strategies, meet representatives from companies that...Read more
I have tried really hard to avoid commenting on politics and the presidential election. I think I'm the only syndicated columnist in the United States right now who hasn't weighed in on one side or the other, and believe me, I have tried to resist the temptation to do so as long as I could.
But the political atmosphere does impact the way in ...Read more
"I have a one-person management consulting practice. I'm doing extremely well since my expertise is in great demand -- maybe a little too well. I'm deluged with phone calls and emails, about 40 or more each day, every single one of which must be responded to.
"I want to give my clients the best and most responsive service I possibly can, but ...Read more
I was amused to read an article in The Wall Street Journal last week about a human-resources consultant who developed a popular (and apparently very lucrative) program to help corporate HR executives "understand this young generation," the millennial generation.
Apparently, this has become a recognized and respectable field for consultants. A...Read more
Q: My wife and I have a small construction business. We hired a consultant to help us with our business planning. Since we don't have a lot of cash on hand, we offered to give him some equity in our business.
What he came back with seems a little weird. He says he's willing to put $25,000 into our business to be paid back over two years. He ...Read more
This column, which originally appeared in May 2009, is one of the most requested and reprinted "Succeeding in Your Business" columns, especially during graduation season.
Members of the Class of 2016:
I was sorry to hear that the reality TV star who was scheduled to be your commencement speaker today had to bow out at the last minute. I was ...Read more
Last year, they shut down the post office in our town.
Well, not exactly. What they did was consolidate three branch offices into a single post office, which they located in a part of town that's absolutely impossible to get to, especially during rush hours.
What's interesting is what they did with the building of the post office they shut ...Read more
An Act of WarMichael K. McMahan
When Lt. Travis Kelly kills a North Vietnamese officer near the Cambodian border in 1969, he tries hard to put the incident--and the rest of the Vietnam War--behind him. But like so many of Travis's experience in the war, this one comes continues to haunt him decades ...
Q: My brother and I started a small retail business 10 years ago, and it has done very well.
We always wanted this to be a family business, so several years ago we sold 25 percent of our company's stock to five family members, none of whom are actively involved in the business (although we have given their kids summer jobs every once in a ...Read more
Q: I run a small software development business. Last summer, we had an intern from China who was absolutely fantastic. She is studying engineering at a local university and plans to graduate this spring. We would love to offer her a permanent position. She has asked us to sponsor her for an H-1B visa. We would love to do this for her but are ...Read more
Last week, my new book, "The Crowdfunding Handbook," was officially released. Three years in the making, this book is the first of many you will be reading about equity crowdfunding -- how a business can utilize crowdfunding websites, such as Kickstarter, to raise capital online from its social media followers and fans.
On May 16, 2016, new ...Read more
Q: "I am trying to start a nonprofit organization to raise money for a local institution that has lost its state funding due to budget cuts.
I formed a limited liability company, which went through without difficulty, but I am having trouble obtaining tax-exempt status from the IRS. I filed the application (Form 1023) awhile back, but they ...Read more
Twice a year I have the privilege of speaking at a leading conference and exhibition for people who sell merchandise online: the Seller's Conference for Online Entrepreneurs.
The event was held in Philadelphia, Pennsylvania last week. More than 100 Amazon third-party resellers from around the country attended, just a small percentage of the ...Read more