Diversification Strategy: Mitigating Customer Concentration Risk and Diversifying Revenue Streams for SMBs

6 months ago

What is more critical to your business: finding new, more prominent clients or retaining smaller, recurring clients? Companies should aim…

Ideas on How to Survive Partnership Power Struggles in Your Business

6 months ago

When you run a business with a partner or co-owner, disagreements can devolve into a power struggle at work. Although…

How to Tactically Plan a Successful Downsizing Effort

6 months ago

No owner wants to consider business downsizing, but it’s occasionally necessary to protect the company's longevity. Even the most successful…

Entrepreneurs: Consider Offshore Outsourcing as a Solution for Strengthening Your Business

6 months ago

With access to a globalized workforce, it is wise to consider hiring offshore employees to obtain the best and brightest…

Guiding Principles: How to Successfully Transfer a Family Business to the Next Generation

7 months ago

Planning for the future has made you the successful business owner you are today. You’ve weathered several economic swings, inflation,…

Proven Tips to Complete a Successful Business Acquisition

7 months ago

A business acquisition, especially that of a competitor, can help grow your business in ways you couldn’t do organically. Its…