According to an article I read on Inc.com, setting quarterly business goals can have unintended negative consequences. In some cases, it can encourage employees to focus only on the quarterly goals as opposed to the company’s overall goals. It can also cause problems for companies that need to be more agile at certain stages of… Read more »
According to an article I recently read on Inc.com, business sales are set to break the 2017 record in 2018. This means that now is a great time to sell your business. But even if you’re not quite ready to sell, it’s very important to start preparing now by making sure your finances are in… Read more »
Selling a business is a fairly complex process and is usually more difficult than you think it will be, so it’s important to become familiar with it sooner than later. It’s also important to get to know advisers that can help you through the process so when you’re ready to sell, you’ll already have trusted… Read more »
With another budgeting season upon us, now is a great time to get a refresher on some important tips to improve your budget. With a little focus on key success factors, you can make sure your budgeting process is effective. To read 10 tips on how to do this, click here.
When it becomes necessary to reduce costs, business owners may first think about cutting staff. That in turn brings dread to those who have to lay off staff. On top of that, when the word gets out about cost cutting measures, employees become fearful that they will lose their jobs. While this choice has to… Read more »