Knowledge

Knowledge is one of the key man characteristics critical to many types of small business operations. Examples include individuals that because of their knowledge carry licenses for the business essential to generate revenue.

Real Estate Agent – Drawbacks and Delusions

Real Estate Agent

The highest prized benefit of owning your own business is independence. You rely on your skills and have to report to no one but yourself. This is the allure of becoming a real estate agent. Imagine, making a lot of money and working when you want to work. Very appealing to just about anyone, wouldn’t you say? Well, it is all hogwash! 

The Key Man

Key Man

One of the most misunderstood principles of business deals with the one or few individuals in a small business operation who are critical to operations. This individual is referred to as the Key Man. The best example is that of the primary wage earner in the family unit. 

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