For most business owners, devising and executing the right succession plan is challenging. In worst-case scenarios, succession planning is left to chance until the last minute. Chaos, or at least
Family businesses often start out small with casual operational approaches. As such businesses grow, however, informal (or nonexistent) policies and procedures can become problematic. Employees may complain about unclear, inconsistent
When start-ups launch, their focus is often on tightly controlling expenses. Before funding anything other than essential operating activities, most need to establish a brand and some semblance of stability.
Properly prepared financial statements provide a wealth of information about your organization. But the operative words there are “properly prepared.” As the business grows and its financial transactions become more
For business-to-business (B2B) organizations, effective marketing begins with attention-grabbing, credible messaging. But choosing the appropriate channels is also critical. Believe it or not, some “old school” approaches remain viable. And
It’s every business owner’s nightmare. You wake up in the morning, or perhaps in the middle of the night, and see that dreaded message: “We’re down.” Whether it’s your website,
Most organizations today understand all too well that they must craft a comprehensive and assorted benefits package to draw ideal job candidates and retain valued employees. But beyond basics such
Businesses have two broad options when it comes to growth. There’s organic growth — that is, progress made through internal efforts such as boosting sales, expanding into other markets, innovating
Business success is often measured in profitability, and that’s hard to argue with. However, liquidity is critical to reaching the point where an organization can consistently turn a profit. Even if
The U.S. job market has largely stabilized since the pandemic, which created historic disruption and unusual fluctuations that continued into the years that followed. But the fact remains that employee
