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About the Smartfast Blog
The pace of business keeps you on the run. You need to make (SMART) decisions and take action quickly (FAST). Business attorney Jean Sifleet created the SMART FAST® blog to help. Whether you’re a start up company or an established company, SMART FAST® provides information that can help you make more informed business decisions. This is information – not legal advice.
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Category Archives: Business Systems
Growing your business requires handling more work. Systems are critical to handling the work and the people in a predictable and consistent manner. Just like sidewalks and highways make cities function better, systems are the infrastructure for business growth. Many … Continue reading
I have not been posting for the past six months because I have been on an “Entrepreneurial Sabbatical”. Over the years, my practice as a business attorney has grown and provided many great opportunities to help clients solve business problems. … Continue reading
In the start up of a business, it’s common for some people to contribute money and others to contribute time and effort with “an understanding” that they will share in the future success of the business. Sometimes “equity earn-ins” are … Continue reading
There is an old adage that you learn more from your mistakes than your successes. But “being wrong” is hard to face. The natural human tendency is to want to be “right” and to dig into positions based on “beliefs” … Continue reading
Want to own your own business? Don’t want to start from scratch? Is a franchise right for you? Franchises are a way to get into business quickly, with a brand name, proven methods of operation and a support structure. Franchises … Continue reading
“Value drivers” distinguish successful companies from their competitors. While it’s easy to be distracted by all the demands competing for the business owner’s time and attention, successful companies focus on the key value drivers – which are frequently “intangibles” and … Continue reading
I heard about “the law of two feet” at Innovation 2010, an UN-conference sponsored by Mass Technology Leadership Council. Basically, it means “If at any time you find yourself in any situation where you are neither learning nor contributing, use … Continue reading
The predictable stages of business relationships are: Forming, Storming, Norming, Performing Business relationships usually start out in a glow of euphoria and progress through a series of predictable stages. Many business relationships stumble or fail. Understanding the stages can help you … Continue reading