When it comes time to sell a business, it’s very important for the owner to know what steps to take. They may need to get a valuation of that business. They need to identify potential interested parties. If this is a form of succession planning – such as selling the...
When you make a contract, there’s always the possibility that the other party or parties involved will breach their legal obligations. As a result of a shipment delay, financial issue or other unexpected issues, your business could suffer from severe damages. When a...
Entrepreneurship is a high-stakes game. Unfortunately, entrepreneurs face various challenges, including the threat of sabotage from within. An employee out to sabotage your business can cause immense harm, and it's essential to have a plan on how to deal with this...
You have an idea for a new business, and you believe it can be financially viable. However, you know that you’re going to need funds to get it started. This means taking out loans or getting money from investors. What worries you is that taking out this much debt...
You’ve been running a successful company for years now and have decided it’s time to move on to the next chapter. You want to obtain the maximum value for the company and also ensure that the new owner has a stable platform to build from. One thing you want to do is...
One common misconception about businesses is that they are immortal entities. However, the reality is that businesses can come to an end. There are a variety of reasons why a business might dissolve, ranging from financial difficulties to disagreements among owners....
Most companies want to avoid layoffs at all costs. However, during times of economic downturn or just when the business isn’t bringing in as much revenue as it did in the past, these decisions must be made. An alternative to layoffs and handing out pink slips is...
