Financial Poise

Articles tagged: Business Planning

A Business Owner’s Guide to Risk Management

Effective risk management is a continuous, proactive process that evolves alongside your business with policies and strategies ironed out long before a loss occurs.

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How Ownership Structure Influences Your Exit

Before selling your business, understand how your ownership structure impacts exit strategies, deal approval, and potential conflicts.

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Merchant Cash Advances & Your Business – Just Say No

Small business owners might see merchant cash advances as an attractive way to borrow money, but what they offer is often too good to be true.

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Startup Survival: Raising Capital

Raising capital or failing to do so, or raising it badly, is often the moment when a startup either grows wings or plummets into the side of a cliff.

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The Basics of Business Formation: What Every Entrepreneur Needs to Know

You must make some fundamental decisions when starting a business. One of the most important is choosing the right legal structure.

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Does It Pay To Pursue Your Dream of Starting a Business?

Sure, pursuing your dreams requires a certain amount of risk-taking. But on balance, the bigger risk might be deferring those dreams.

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Choosing a Financial Planning Advisor: No Magic Involved

Learn what NOT to do when choosing a financial advisor. Avoid pitfalls, do your research, and find the right expert to guide your investments.

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Don’t Let the Sunk Cost Fallacy Sink Your Business!

Don’t let past investments dictate future decisions! The sunk cost fallacy can lead to poor outcomes when you cling to bad investments.

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The Threat of Cybercrime for Small and Midsize Business

A cyber liability policy is key to fighting back against cybercrime, which is increasingly rampant and can be a liability for small businesses.

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Understand Buy-Sell Agreements: Safeguard Your Business Against Death, Disability, Divorce, and Disputes

Buy-sell agreements protect businesses from death, disability, divorce, and disputes, ensuring smooth ownership transitions and financial stability.

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