Financial Poise

Articles tagged: Business Leadership

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A frustrated businessman considers invoking a force majeure clause in a business contract because of the coronavirus

Force Majeure Clauses in the Age of Coronavirus

As the COVID-19 coronavirus disrupts global business and supply chains, here’s what you should know about invoking force majeure clauses.

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A startup entrepreneur makes notes on a whiteboard, taking notes from business leaders

Startup Business Tips from Industry Leaders

Have a business idea but not sure where to start? The experts at Financial Poise have compiled start-up business tips from industry leaders.

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A fountain pen, symbolic of signing an LLC operating agreement

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.

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silhouettes cavorting against a sunrise, representing management team positions and responsibilities

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.

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Euros in a bank machine, representing seller financing

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.

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Artist Painting, representing a successful entrepreneur

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.

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Millenials hang around a wooden table, emblamatic of why startups fail

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 […]

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A man and woman chat at a coffee shop, symbolizing good governance and communication in family businesses

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 […]

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A family takes a selfie in front of a castle, symbolizing the fun in family governance

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.

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company culture is the elephant in the room

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. 

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