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Dr. Frankenberg joins Jim to talk about the extra degree of difficulty that is added to a small business operation when family members are directly involved. One of the tools Ellen offers is to follow the "straight line" method of communicating, which is to deal directly with the person involved, rather than relying on a third individual to relay information. They move on to talk about "family norms".

Russell and Jim discuss how to structure a successful business sale. The guys walk you through the steps of organizing the sale after the Letter Of Intent is in place, the due diligence is done, and you are in the final negotiations that will determine exactly how the sale is to be structured, including the price, terms, and contract documents.

Jim and Marguerite continue their discussion of Marguerite's "Commandments". They begin with a discussion of how businesses get into trouble by not paying the proper taxes, especially payroll withholding. They move on to talk about how to expect the unexpected, and how to identify what Marguerite calls, "The Green Zone, The Yellow Zone, and the dread Red Zone.

Marc and Jim talk about how to live a visionary life. They begin by talking about how to define success in the healthiest way, which is to say, not just about stuff, and how to blend this attitude into our business pursuits. Marc shares how his mentors helped him to be successful without being consumed by his business.

Jack returns to the show to talk about one of Jim's favorite subjects, selling. Jim makes the statement that every member of every company is part of the sales team, from the CEO to the courier. Jim and Jack emphasize the importance of employee training as an investment in them and in the company. They move on to talk about some fundamental rules of selling, such as how to ask get the information you need from your customers and prospects.

Bill and Jim begin their discussion talking about violence in our society in general. They move on to focus on the tension that seems to be more prevalent in the workplace today, and methods and policies you can employ to make sure your employees are safe, and prevent unfortunate occurrences in your business.

Jonathan joins Jim to discuss various information technology issues, including software, hardware, applications, and public policy. This week Jonathan talks about the easing of encryption controls, which has significant international security and trade implications. They move on to talk about the debate over digital signatures, free email service, Internet connection from your cell phone, receiving customized information via email, and other issues.

Joan is a weekly guest on the show, and she and Jim cover the most recent Kiplinger Washington Letter. In this interview, Jim and Joan spend most of the visit discussing telecommunications issues, plus a little bit on the stock market, and other topics.

Jim and Beverley initially discuss the affects of Hurricane Floyd, the importance of being prepared for various emergencies and unexpected disasters, such as lightning strikes, hurricanes, fires, floods, etc., and how to develop contingency plans for your home-based business. They then move on to talk about the importance of, and how to gain media attention and press coverage for your business in your community.

Jim welcomes Steve back to the show as they discuss the importance of mid-year reviews for your business, the components, and how to conduct them. Mid-year reviews, or interim reviews, as they can also be called, help you check your position with regard to your annual goals and objectives. You do have goals and objectives, don't you?