To ensure your business is on solid ground, there are questions about your customer base, industry, and overall operations you should answer. Read More
Effective incentive programs lead to high employee morale, low turnover and improved productivity. Read More
The 7(a) SBA loan program is designed to allow small business access to financing that will sustain and support a transfer and sale of business equity. Read More
Optimal productivity makes the most of every dollar of working capital. Read More
Small business owners think differently about retirement than other executives. Your business’s assets and savings all play a key role in your retirement strategy. Read More
Passing down a business to a family member or trusted employee can keep your company’s mission and policies in place after you exit or retire. But do not force it. If the chosen successor does not want the business, he or she likely will not be emotionally invested and could allow the business to fail. Also, new leaders should be in position 6 to 12 months in advance of any change so you can assist with any fallout that may occur. To learn more about transition planning, click here.