Once small business owners have secured start-up funding and composed a business plan, the next step is building a client base. Getting the first client is critically important, because it proves out the business model and presents growth opportunity.
What sets successful leaders apart is their ability to push through challenges and see mistakes as learning opportunities. Jodi Bailey Gill, president of marketing consulting firm The Experts Bench, discusses how to make the best of those inevitable letdowns.
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.
With the time to sell a business averaging from 6 to 12 months, the transition plan for your business is imperative to the success of the sale—see the steps necessary to formulate your transition plan.
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.