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Get a Mentor

A recent study by the U.S. Small Business Admin reports that 52% of entrepreneurs get advice from a mentor. A great mentor can improve business profitability by helping you stay focused, solve challenges, and avoid common pitfalls. If you don’t have a mentor, start looking now for individuals with the right experience and commitment who can help you grow your business. Full article.    

 

Groups weigh in on BP money

State officials recently got a boatload of advice from commercial fishermen and representatives of environmental groups about how to spend money that might be paid by BP for damage to natural resources. Governor's Office spokeswoman Drue Banta made it clear that the state will request that much of the money it receives be placed into coastal restoration. State officials kept several major diversions, including Davis Pond on the West Bank and Caernarvon on the east bank, operating at full capacity to keep oil from moving into fragile wetlands. Their operation, however, has been tied to significant losses of commercial oysters, and some shrimpers say the influx of freshwater also delayed the maturation of shrimp. Full article.  

 

The Value of a Good Lawyer

Legal issues are some of the most complicated areas an entrepreneur will deal with, simply because there are so many pitfalls, rules, and regulations to worry about. Legal problems can paralyze a company; a good attorney can save you precious time and money, which allows you to focus on what you do best—running your businesses. Full Article.  

 

Advice for Small Employers Hiring in 2010

Owners swimming in résumés should narrow criteria and avoid hiring overqualified workers. Take the time to find really skilled people who can add a lot to your company. Full Article.

 
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