Financial forecasting is an essential tool in any business owner’s toolbox. Successful companies use these forecasts to estimate costs, anticipate profits, and prepare for potential obstacles in their business’s future….
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The term “intellectual property” (IP) can confuse small business owners about precisely what it means. However, intellectual property rights and small business is an important topics. Think of your personal…
Owning a small business is more than creating something or providing a service. The business side of owning the company cannot go overlooked. Learning how to mitigate risk in business…
A business exit strategy is as much a backup plan as it is a future goal. If you decide to change your life by retiring or want to capitalize on…
Hiring a general manager is often a matter of timing — should you hire one now or wait? Maybe first you should answer: “What does a general manager do?” and…
About 30 percent of small businesses are valued between $1 and $30 million before a sale. You do what you can to increase the market value of your business. The market…
