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Articles tagged: Small Business
Taking Stock in Main Street: The Importance of Small Business
Small businesses make up 99.9% of all businesses and employ millions of Americans. Learn more about the importance of small business investing. Read More
‘Know Thy Numbers’ Installment #2 – Accounting Principles in a Nutshell
GAAP rules are accounting principles and concepts that shape how we present financial information. These are the 12 “Commandments” of GAAP accounting. 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
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
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
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
How Small Businesses Benefit from the SECURE Act
Congress may soon pass the SECURE Act, which would increase retirement plan flexibility and award tax credits to small businesses. Read More
JOBS Act Title II Drives Private Equity Options for Small Business Owners
The JOBS Act Title II allows entrepreneurs and small businesses to conduct general solicitation and advertising of a private equity offering. Read More
All Marketing Tactics Begin with Sales Strategy
Before you implement sales tactics, you need to have a sales strategy. Do you know your company’s strengths and weaknesses? Do you know your audience? Read More