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Articles tagged: Business Leadership
The LLC Operating Agreement Demystified
An LLC operating agreement is a set of rules and provisions that outlines company structure, management, compensation and other internal issues. Read More
5 Management Responsibilities that Aid the Sales Process
Maintaining an honest dialogue with members of all management team positions during the negotiations can help lead to a successful outcome. Read More
4 Acquisition Financing Structures for Buyers
When buying a business, buyers may use any four acquisition financing structures: cash purchase, third-party funding, seller financing and stock swaps. Read More
5 Mistakes Avoided by All Successful Entrepreneurs
Successful entrepreneurs know the importance of delegation, a good idea and lessons to be learned from failure. Avoid these five mistakes made by startups. Read More
Why Startups Fail: 5 Mistakes that Lead to Failure
Empowering Entrepreneurs Despite Difficult Odds Nine out of ten startups fail. That’s the bleak truth. While this statistic may discourage some entrepreneurs, it should also encourage them to learn how to avoid the fate of those other nine. Here are five reasons why startups fail and how entrepreneurs can avoid common mistakes. The more you […] Read More
Without Good Governance, Family Businesses Go Nuclear
3 Case Studies on the Importance of Good Governance To put it bluntly, proper governance does not come naturally for most private and family businesses. It requires leadership to understand that good governance protects the business, and is worth the sometimes substantial time and effort required to achieve it. Families will never be perfect. Which […] Read More
Lessons on Family Governance in Business
The Cornell/Loyola Family Business Roundtable brought together thought leaders to discuss business and family governance. Here are the key takeaways. Read More
Embrace the Elephant in the Room: Advice on Company Culture
As companies grow, culture can get lost. Learn to maintain company culture and embrace disagreements as more voices enter the room. Read More
Don’t Wait to Sell the Company
A business owner refused to sell the company amidst a changing market and growing debt. Here’s why waiting too long to sell hurt his business exit. Read More
Investing in People: Upgrade Your Company’s Engine
Will investing in your employees increase productivity and drive growth? Or will training employees drain resources that will be lost when they leave? Read More