Starting your business may be a one-man show, but eventually, it will be time for the on boarding of new partners, colleagues, and team members. With each new individual comes a new collaboration, and with that, perhaps new challenges in communication. Every person has their own unique method of communication. One of the most essential qualities every good business …
It’s an agonizing dilemma. The decision to raise prices and still retain clients is one that every small business owner struggles with. Truthfully, in order to stay relevant, boost revenue and keep profit margins up, raising prices is an absolute must. Employ meticulous strategic planning when the time comes to bump price points. With simple guidelines, some of the painstaking …
It has been said that if fraud were a country, it would be the fifth most productive country in the world.
Regardless of the type of business you’re running —
To accountants, the relationship of financial statements (balance sheet and income statement) is very specific.
Title: Learn How To Buy a Business Seminar Location: Citrus Club, Orlando, FL Description: Transworld Business Brokers of Central Florida will be hosting a seminar on Oct 10th, 2012, 6 pm, at the Citrus Club located in downtown Orlando.
Studies show that only 30% of family businesses survive the transition from the founder’s generation to the next generation. Of the companies that weather such transitions, less than half successfully transfer the business to a third generation. Such statistics demonstrate the importance of succession planning, a task that can be especially difficult for small businesses.
As a business owner, you’re used to making tough decisions. Yet there’s one you may be putting off: How to transfer your business to new owners when you’re ready to move on.
Date: 2011-05-18 Time: 01:00PM ET – 02:00PM ET Location: Webinar – Your Office Most businesses fail or never reach their full potential because their owners spend too much time doing the work that the business does, rather than managing and growing it. Working ON rather than IN your business is the difference between your business just providing you with a …
Buying a business is easier than building one yourself but it has its own challenges. Despite the fact that buying is a more expensive proposition than building, banks will see it as a safer option because they can look at the business’s track record as a guarantee for future earnings to pay them back their interest and capital.
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