How to build a chicken hutch

Many people want the benefit of having chickens, however they don’t want to have too many. If you belong to the group of people who want to raise only two or three chickens, it is a good idea to build a chicken coop. Rabbit hutches are much smaller than chicken coops, but are ideal if you have limited space or […]

Using an umbrella company to your advantage

Working as a freelance professional can be difficult as there are many complications that simply do not exist when working for someone else. However, it is possible for contractors to become employees of an umbrella company, thereby removing the difficulties associated with self-employment while retaining the flexibility of contracting. How umbrella companies work An umbrella company is effectively an independent […]

For Sale By Owner: What You Want To Know About It

When homeowners want to sell their own house without the help of any real estate agent or broker, the owner calls them up for sale. The National Association of Realtors conducted a survey report in 2006 that showed that only 7 percent of all sellers were FSBOs. There are many obstacles that they have to face when selling their house […]

Dealing with bankers and lenders

This information, taken from the book “Understanding Small Business”, which will be published in the fall of 2005, is used by SCORE in business advice. For more information, contact your own banker. At some point, all businesses must borrow money. Prepare before you meet with potential lenders and understand what lenders are looking for. The size of the investment. An […]

What is a Tour Broker and how to become one

A person who operates a tourism business is a broker. A broker is an intermediary. Brokers buy or arrange items or services and sell them to the ultimate buyer. Some examples of intermediaries are: Independent insurance agents. These agents do not offer insurance; arrange insurance for you from an insurance company. Insurance agents usually receive a commission from an insurance […]

Small Business Valuation – EBITDA Vs SDE

Income, assets and the market are the three most popular approaches used to value a business. This article will focus on the different types of income used within the income methodology. Under the income approach, companies are valued based on the profit the company generates. Buyers are more concerned with the amount of revenue they would have available if they […]