The legal requirements involved in launching a business can seem overwhelming. Even so, it's a necessary evil to not only become familiar with, but also understand all that is legally required to open a business. Depending upon the business you plan … [Continue reading]
Whether you're considering strategy or vision, expectations or needs, short-term or over the long-run, the success of almost any business startup is in the planning. With a family-run business, the planning process is even more vital. You need to … [Continue reading]
Running a family business has a certain allure. Get it right, and you'll capitalize on a wellspring of passion, cohesion, familiarity, and resilience. But without enough care and planning, the business can quickly degenerate into a sticky, … [Continue reading]
As important as it is to ask questions, do your research, and learn from mistakes, often success in business (and in life) depends on striking a balance between the times when you must pay attention and the times when you just need to look the other … [Continue reading]
Though many small business owners may realize the importance of having a strong business credit profile, they may be at a loss when it comes to building it up. Much of the confusion can be traced to numerous misconceptions and conflicting messages … [Continue reading]
One major milestone of running a business is reaching a point where the business can continue to operate smoothly even when you are not there. Though this is typically said in reference to delegating tasks and having clear, thought-out policies and … [Continue reading]
A year ago, the Federal Reserve Board agreed to dramatically lower the fee that banks can charge businesses to accept debit cards. However, the new law which goes into effect on October 1st, has a loophole that allows credit card processors to … [Continue reading]
