Anyone who has started a business knows that it takes planning, money, motivation and passion. While getting a company off the ground is both exciting and challenging, it also takes a great deal of effort to keep the doors open.
A recent article in Valuation magazine, 9 Signs Your Business Has Stopped Growing, addressed what issues might indicate that a company is sliding. But just because there’s been a slowdown doesn’t necessarily mean the troubles are irreversible.
1. Be in it to win it
Appraisers can take several key steps to help ensure their business thrives including analyzing competition, staying focused and preparing to make sacrifices. Running a successful business takes more than just a good idea and solid professional skills.
2. Follow the law
In addition to managing the day-to-day operations, appraisers and other business owners also need to be aware of importantlegal issues such as protecting personal assets and putting agreements in writing. Being aware of potential legal pitfalls, no matter how small they might seem, can help keep business owners out of trouble. [Read more…]
Make sure to save the date for the Appraisal Institute’s 2015 Annual Meeting that will be held July 27-29 in Dallas, Texas!
Annual Meeting, it was never more apparent Tuesday than on the exhibit floor (Governor’s Ballroom, Salon C-D-E). The nearly 450 attendees made their way through the exhibit floor throughout the day, taking advantage of the chance to exchange ideas and experiences with other valuation professionals, as well as learn about new trends, tools and services from the various industry vendors and service providers at the more than 30 exhibits.
at this year’s AI Connect, told attendees in the Governor’s Ballroom on Monday that what appraisers and astronauts have in common is professionalism. He told the packed room that “professionalism is more than a word, it’s a way of life.” Captain Cernan reflected on his two missions to the moon, and his distinction as the last man to set foot on the lunar surface. Attendees also heard from Texas Commissioner of Agriculture Todd Staples, a temporarily non-practicing Designated member of the Appraisal Institute who received his SRA designation in 1998. 