CHICAGO, IL (PRWEB) March 03, 2016
Great companies fail for lots of reasons that have nothing to do with the product or service they are selling. Turning an idea into a business is hard, often because the creative entrepreneur with the great idea does not have the same level of skill, training, experience, and passion in the other critical areas required to make a product into a successful company.
These areas include knowing how to attract and retain people, understanding accounting and finance, and being able to negotiate various contracts - including potentially a contract to buy a competitor or, ultimately, to even sell the business. This Financial Poise™ webinar series covers some of these topics, as always, in plain English.
As with all Financial Poise webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.
Episode #2 of the series is "Negotiating a Commercial Lease." (Register Here) Moderator Michael Schwarzmann of Crowe Horwath will be joined by Howard Kline of CRE Radio & TV, Hamid Rafatjoo of Venable and Peter Morris of Greenstead Consulting Group.
There comes a time when the business needs to move from the kitchen or garage into a larger space that is either more production or customer friendly. This is frequently one of the larger financial commitments the start-up will make, and it can either support growth or threaten financial survival. How much space do you need? Do you sublet? Personal guarantees are commonly requested but can you limit your exposure? Is it better to lease more space than you need for growth, or do you want to minimize expenses so you can live to the next payroll? This Financial Poise webinar discusses things to consider when executing contracts, and provides some helpful tips.
ABOUT FINANCIAL POISE™:
Financial Poise™ provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.