10 Questions to Ask Your Partner (Before You Sign an Agreement)

  1. What will your role in the business be, and what do you expect mine to be? The co-CEO game can be difficult, so consider putting one person in charge.
  2. How will we split up ownership, how will we divide profits and losses, and how will we each be paid? Some experts suggest avoiding a 50-50 ownership split. But if you are equal partners, be

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Smart Questions for Your Tech Consultant

Your IT system needs a major overhaul, and hordes of consultants would love to fix it for you. How do you find one who’ll get the work done on time and on budget? Start by asking these questions.

  1. What happens if I’m not satisfied at the end of the project? A mediocre IT consultant will start talking fast about money-back guarantees. A smart one

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Smart Questions for Your Landlord

Looking for office space? Make sure you’re getting the best deal by asking the right questions.

  • What’s my base year? If you sign a full-service lease, the landlord factors your portion of the building’s annual operating expenses–utilities, janitorial services, maintenance–into the rent. After your first, or base, year, he’s entitled to “pass through” any increases incurred in operating the building. That may come in the

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How to Vet a Board Member

There’s a lot of talk these days about the lack of independent directors on corporate boards. But it’s not just a big-company issue. There should be at least one outsider on your board, too. Here’s what to ask to get the right person in the chair.

  1. What will it take for my company to grow from $10 million to $100 million? Insert your own

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3 Questions to Nail the Next 5 Years

  1. What’s important?
  2. What should be the same?
  3. What needs to change?

A Plan for Growing Companies: Questions from Jim Collins

Jim Collins has spent a career probing the inner workings of great companies. Below, he boils 25 years of research into 12 questions that leaders must grapple with if they truly want to excel. Collins’s advice: Be systematic. Every month, have your leadership team discuss one of the following questions. Repeat the process annually for five years.

  1. Do we want to build a great

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Exit Interview Questions

Exit interviews provide insights you can use to keep others from leaving. Here’s what every manager should ask:

  • If the CEO left unexpectedly today and you were put in charge, what are the first things you would change?
  • What could have changed six months ago that would have prevented you from looking for a new job?
  • If you weren’t looking, what factors tipped the scale when an

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