Inasmuch as banks are a for-profit enterprise and are designed to generate value for their shareholders, they serve an important social function as well: to direct capital to capable entrepreneurs and spur a society’s economic growth and activity. One way banks can do this is by making capital …
Virtually every small business will go through up and down periods, but if your company has been failing for quite a while, you need to be proactive in turning it around if you want your business to survive. Thankfully, there are various techniques you can use to get your small business back on its …
For anyone that enters a legally binding agreement, there is always going to be the risk of a breach of contract. For business owners, you will likely be dealing with great volumes of legal agreements every week. From customer and vendor deals to construction and employment contracts, the chance …
As an employer, you've got a whole range of responsibilities to think about when it comes to your employees. If there hasn't been an accident in your workplace that has led to an injury or a compensation claim, it's tempting to put attention to safety somewhere near the bottom of your list of …
Have you decided to acquire a business? An acquisition is a great strategy to secure growth in your company. This is likely an opportunity to increase market share, streamline operations, and expand your audience. With successful mergers and acquisitions, your company can get bigger, stronger, and …
Carefully watching cash flow is one of the chief functions of your financial staff. However, unforeseen disruptions to the economic landscape can quickly change your cash position from positive to negative. COVID-19, for instance, precipitated a financial pandemic. Small business owners suddenly …
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