If your business is intended to be retired when you retire, you need plans in place to protect the business and your family against death or disability. Part two of our series on business succession plans and exit strategies takes a look at how you can do that. This one should be of particular interest to specialty service providers like doctors and lawyers.
What do you do when a customer simply can't be satisfied? While it's tempting to throw them out the door, our small-business consultants say you need to follow certain steps before "firing" a bad customer.
Building an exit strategy for your business might seem like one of those things you can take care of next week, next month or next year. But every business owner needs an exit plan soon, because, whether it's by design, disability or death, every business owner will some day exit the business.
A successful food truck business is looking to expand. The owner turned to our small-business consultants for advice. Check out what they said, then submit your own question.
The appeal of social media marketing was immediately evident to certain companies -- think retailers, entertainers and other groups where fan and customer interaction is a key to success. Now McKinsey & Company has taken a look at how other companies and their executives, especially those removed from the marketing duties, are using these platforms. It's an interesting read, so don't miss it.
When businesses are looking to determine if paternity leave is a good idea, it's helpful to weigh the costs and figure out what employees value most.
Those Facebook apps are doing more than making your life easier. They're also vacuuming up every possible bit of personal information and selling it to other companies.
Our weekly series looks today at how businesses can survive a cash crunch. Don't forget to submit your question!