An expanding business makes many demands on your finances. One of them is the cost of hiring additional staff. Instead of taking on full time workers at the early stage of the business, using contract employees to fill a
Sell Your Biz Misconceptions
Ironically, the same traits that drove you and your business to success can also lead to missteps when time comes for you to sell the biz. The biggest culprit may well be your own eternal optimism. While a positive
5 Top Tips for New Biz
I started my firm on a leap of faith six years ago. Knowing nothing about running a business when I began, I learned plenty of lessons along the way. I hope my been there done that advice is helpful
The Power Question: Ask it and then deliver
One hundred twenty years ago, lawyer Paul J. Harris moved his practice to Chicago. While he enjoyed the new opportunity his adopted city afforded, Harris missed the friendly relationships he knew growing up in a small Vermont town. One fall day in 1900, while walking around the Windy City’s North Side with Bob
Increase Prices: Best Biz Advice
How long has it been since you evaluated your pricing strategy? If you feel your business is not as profitable as it should be, do a pricing test. It takes some courage, but you might be pleasantly surprised by
Exit for Owners: Considerations
Are you a business owner thinking about exiting your company? Which exit route benefits you most? It’s a move tough to undo and you better know the pluses and minuses going in. While the number of exit routes seems
Biz Value: Right/Wrong Ways
Buying and selling a business, particularly a smaller one, rests on what its value is. Trouble is, some of the most widely used are very complex and end up wide of the mark. Based on sheer guesswork, these methods,
4 Power Questions That Will Cultivate Your Leadership Tree
Jim Blasingame reveals the four Power Questions that will help you mentor your employees to become leaders in your
Small-Business Owners Should Carefully Evaluate Funding Options
By Dmitriy Fomichenko Learn more about Dmitriy on NerdWallet’s Ask an Advisor No one ever said that starting a business and growing it to a sustainable level would be easy. Despite the key role small businesses play in job creation and our economy, credit available to small-business owners from the major
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