8 Steps for Planning a Smoother Business Transition A business transition refers to an event that may result in an alteration in the ownership of an enterprise. It's essential for a business professional to understand how to put a company in a strategic position to impact the successive terms of the alteration of ownership. Transactions of business transition can be … [Read more...] about 8 Steps for Planning a Smoother Business Transition
Business
Utilizing Contracts to Boost and Protect the Business
Utilizing Contracts When conducting business, whether as a freelancer or a leader in a startup organization, it is paramount that you protect your venture and yourself. Using an enforceable contract ensures the business is protected. There is a notion among many beginners and a few experienced business owners that a written agreement is equal to the anticipation of trouble. … [Read more...] about Utilizing Contracts to Boost and Protect the Business
How to Understand the Financial Levers in Your Business
Understanding your business means understanding the finances behind it. There is nothing more important than the economics behind your company because, without them, your company would not exist. It is very little consolation to have the best product or service in the business and be unable to create the kind of leverage with your finances to get things done in the marketplace. … [Read more...] about How to Understand the Financial Levers in Your Business
Simple Investment Mistakes to Avoid
When it comes to making money by investing, many people make mistakes. The following tips will help you recognize some of the most common problems investors make and how to avoid them. Following the Trends Many investors feel secure and safe when they choose to invest in what everyone else does. It is comforting to have safety in numbers, but it leads to bad investments. … [Read more...] about Simple Investment Mistakes to Avoid
3 Qualities of People Who Run Successful Side Businesses
Do you want to start a side job but wonder if you have the right stuff to run a successful side business? The gig economy is taking hold and now is the time to jump in. Check out these qualities of effective side business owners to see what it takes. Swimming Against the Tide: The number one commonly held trait amongst side business owners is the realization that the 9-5 life … [Read more...] about 3 Qualities of People Who Run Successful Side Businesses