What is more critical to your business: finding new, more prominent clients or retaining smaller, recurring clients? Companies should aim for a healthy mix of both to survive long-term. If…
When you run a business with a partner or co-owner, disagreements can devolve into a power struggle at work. Although all business partners will disagree from time to time, conflicts…
No owner wants to consider business downsizing, but it’s occasionally necessary to protect the company’s longevity. Even the most successful organizations can have a rough year. The important thing is…
With access to a globalized workforce, it is wise to consider hiring offshore employees to obtain the best and brightest with a budget-conscious mindset. Offshore outsourcing involves companies or individuals…
Planning for the future has made you the successful business owner you are today. You’ve weathered several economic swings, inflation, and maybe even the pandemic. How you plan for the…
A business acquisition, especially that of a competitor, can help grow your business in ways you couldn’t do organically. Its client base, products, services, or intellectual property can be precisely…