When it comes to running a business, there are fewer things which can be more disruptive than the owner getting divorced. Not only is it a huge commotion in the life of the owner, but it also brings the business into scrutiny. You will need to start thinking about how much the … [Read more...]
How to Get Cash for Your Management Buyout
A management buyout or MBO is a type of business acquisition in which a company is sold by the current owners to its managers. This type of transaction is appealing to managers since there are always greater potential rewards from being an owner rather than an employee. Still, … [Read more...]
Know Your Options: 5 Exit Strategies for Your Business
Even the most successful entrepreneurs carefully plan their potential exit strategy. Carefully planned exits are usually much less painful than sudden and spontaneous ones. There are many practical reasons why entrepreneurs quit their businesses. Some of them are hooked up to the … [Read more...]
5 Tips that Should Get Your Business out of Debt
There is no denying that we are living in very difficult times. The business world is becoming more competitive with each passing second, lenders are tightening their grip on borrowers, and the prices of everything ranging from insurance to office supplies are skyrocketing. With … [Read more...]
The Importance of Writing A Will For Business Owners
Writing a will isn’t something that many people like to think about. It’s quite depressing to dwell on what will happen after you die, but without proper preparation, your assets might not be distributed how you’d like. The outcome might be as simple as a prized possession not … [Read more...]
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