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Articles tagged: Business Management
How Family Business Succession Planning Becomes Succession Implementation
Family business succession planning requires discussions about ownership, leadership, payment and other issues to smoothly transition from Gen 1 to Gen 2. 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
‘Know Thy Numbers’ Installment #3: Types of Financial Statements
From the statement of income to the statement of cash flows, here’s how various types of financial statements present a bigger picture of company health. Read More
‘Know Thy Numbers’ Installment #1 – Welcome to the Jungle, an Introduction to the Series
Don’t leave numbers to the accountant. An introduction to accounting and its basic concepts can equip you to make better business decisions. Read More
Successful Startups are ‘Investable’ Startups: Must-Have Traits and Helpful Practices
A good idea is not enough to attract investors. Does your startup have these 4 traits that successful and “investable” startups all share? Read More
Consensus Decision Making: How Much Compromise is Too Much?
In the decision making process, trying too hard to achieve consensus leads to suboptimal results. Consensus decision making should include the best of everyone’s input. 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
Reaching Graduate Level: Eliminating Owner Dependence
All owners hope that their business can run efficiently while they are away. Eliminate owner dependence with strategies to build skilled management. Read More
3 Approaches to Business Valuation Methods
Are you valuing your business for a transition, taxes or even litigation? The reason for your valuation will determine the business valuation methods you use. Read More