Wednesday April 4, 2012

Today on StartupSmart, business planning advisor Greg Hayes asks an age-old question: is it better to grow a business from scratch or buy a business?

According to Hayes, there is no answer to this question that is right for everyone. However, you can identify the factors you should consider, including risk, time capital and core skills.

Hayes has detailed the pros and cons of both options, based on these three factors.

Elsewhere, HR expert Martin Nally explains how to motivate temporary workers, and Startup TV shows how a humble paper cup salesman launched a global business empire, McDonald’s.