How to use Employee Stock Option Plans (ESOPs) for a specific goal: transition to a new management team, increase employee participation, create owner liquidity, or add leverage to the company at favorable tax rates.
A strong mission statement can improve morale, boost your company’s bottom line and change the world. Elizabeth Crook, CEO of OrchardAdvisors.com, creates professional mission statements for business owners and shares tips for finding a company’s purpose.
Doing business overseas holds new risks and business owners are understandably reticent. Owners should educate themselves on the following types of risk and work with their business partners to explore ways to mitigate them.
Most business owners agree that today’s marketplace is a fast-growing global stage. Advances in communication, development and trade have opened markets that simply haven’t been accessible to small businesses in the past.
After taking over the business she’d worked in for more than two decades, Diana Herrera is finding new ways to invest in technology—and employees—to build on Associated Photo & Imaging’s track record of quality and innovation.
New construction is a well-known indication of growth, but did you know electricity usage, retail sales and the local housing market can provide insights about how to run your business? Watch this video to learn more.
Many factors can compromise a small business financing decision. To have the greatest chance of success, you should identify the factors you can control and manage, as well as address variables beyond your control.
Most financial professionals are more comfortable delivering services than promoting them. At the end of the day, demand generation — your ability to generate interest, inquiries, new leads and proposals — is a good thing for your practice and your reputation.
After months of sluggish growth, the economy is finally gaining strength and business lending is rising with it. Read this infographic to learn why conditions look good for businesses hoping to expand.
Margaret Callihan, President and CEO of the South Florida Division for SunTrust Bank, discusses how businesses in her region are partnering with their bankers to finance growth, streamline financial operations and address their short-term cash needs
U.S. Small Business Administration (SBA) loan programs provide longer terms and lower down payments than conventional financing, allowing you to optimize cash flow and focus on operating and growing your business.