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For Email Newsletters you can trust 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: Partnerships
Business Relationships – Predictable Stages
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
Posted in Business Practices, Business Systems, Partnerships, Uncategorized
Tagged Forming, Norming, Performing, Storming
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10 Things I Learned from The Social Network – the movie about Facebook
10. An idea is not a business. The Winklevoss twins claimed their “idea” was stolen. But they did not build a business because they failed to implement their idea. They also seemed sloppy about protecting their confidential information and in … Continue reading
Emerging Business Model – “SPICE”
New business models are emerging that challenge the old assumptions about how to operate a business for profitability. In the book “Firms of Endearment – How World Class Companies Profit from Passion and Purpose” (Wharton School Publishing), the authors, … Continue reading
Strategic Partnerships – Avoid the Pitfalls
Entrepreneurs quickly learn that “you can’t do it all yourself.” Partnerships are one way to improve and preserve market position. Especially in difficult times, it is important to focus on core competencies and find partners to help deliver cost-effective solutions … Continue reading