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One of the keys to being a successful landlord is finding profitable rental properties. There are many different steps to take in your search for the perfect rental property. Here are a few to get you started on the path to success. 1. Find the right broker. A reputable real estate broker can mean the difference between a successful hunt for a rental property and coming up empty. Your broker should know the area well and advise you on properties that are best suited to your needs. This is esp More »Ten tips on finding profitable rental properties
When you achieve one of your business goals, it empowers you, giving you the momentum to become more successful. More »10 Tips for Women in Business to Achieve Their Goals
Subletting can be a big headache for landlords, especially if a tenant sublets a unit without the landlord's knowledge or permission. If you do not allow your tenants to sublet units they rent from you, make this clear from the start. Including languages to this effect in your rental agreement can help avoid any ambiguity, and it may give you legal recourse if a tenant sublets one of your units against your wishes. If a tenant has sublet a unit without your permission, here are some tips More »What Can I Do If My Tenant Sublets My Rental Property Without Notifying Me?
When a business prepares to file for bankruptcy, it needs to decide which specific chapter of the law to file under — Chapter 7, Chapter 11, or even in some cases Chapter 12 or 13. Businesses considering bankruptcy should carefully explore their options with the help of an experience bankruptcy lawyer. More »Four Types of Business Bankruptcy
Corporations don't go it alone, and neither should you. Learn how to develop a board of advisors to help you make wise business decisions. More »Create a Board of Advisors to Guide Your Business
Small and versatile laptop or cheap and powerful desktop? Follow these tips to make the right decision. More »Desktop or Laptop Computer: Which Is Right for Your Business?
For many people, life insurance is an afterthought. Those that do apply for it are often faced with mountains of paperwork and the prospects of failing the physical exam and paying exorbitant premiums. That's why employer-sponsored life insurance can be an especially attractive benefit for prospective employees. More »Offering Life Insurance to Your Employees
These tips will help you understand the importance of believing in yourself and your abilities to work smarter, not harder. More »Five Proactive Habits of Successful Businesswomen
If your company wants to crack the growing Chinese market, it's best to travel there first. Learn what you need to know to organize a smooth trip. More »How to Plan Your First Business Trip to China
First, here is what a standard business plan should cover:The company (its legal formation, history, and ownership)What it sells (the product or service)The market (including size of market, growth, and trends)The plan (sales forecast, sales and marketing strategy, milestones, assumptions, and tasks)The management team (organizational structure and managers' backgrounds)Financial analysis (cash flow, profitability, balance, and returns)The most important part of the plan is where it says specifically what is going to happen. ... More »What is most important in a business plan? What do I really have to cover?