As an entrepreneur, you juggle many tasks from nurturing a business idea and creating a business plan to seeking investors and hiring employees. And, of course, you have not neglected finding the right brick-and-mortar space. You search, find some potential locations...
For decades, you have worked for an insurance company known for its professionalism by guiding clients, helping them understand their insurance policies as well as the coverage within those policies. But, one day, you are blindsided by a client’s claims that you acted...
As an entrepreneur ready to launch a business, you are careful with preparation and details. You create a business plan, seek an ideal office location, recruit investors and prepare to hire employees. You set the table for what you hope will be a successful business....
For many small business owners, their goal is to retire with the business going strong so it can continue under new leadership. If this is what you want for your business, you might consider business succession planning as part of your estate plan. As the name...
The idea of leaving your business can be hard to think about, but there comes a time every business owner will have to face the future. Preparing for what will happen to your business when you pass it on will ensure its continued success. A succession plan can help...
Running a family business can be extremely rewarding. It blends work-life with homelife, enables the older generation to pass their skills on to the children, and provide them with a way to earn a living. The young may embrace the tradition that may go back...
As a small business owner, receiving full, timely payments is crucial to your operation’s success. You may have to pursue nonpaying clients but might worry about how to do so in a firm and effective manner. Knowing your rights as a creditor can help you strike such a...
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