Getting the best deal when buying a business (or selling one, for that matter) boils down to one key factor – preparation. In this article, Renae Smith explains how to get ready to make the deal of a lifetime.
Not only does a solid succession plan improve your company’s value, it also provides something every good business manger strives for: your employees’ peace of mind.
Startup founders and small business owners are often quite passionate about their businesses, and while passion is an important part of building a business, it can sometimes lead to lack of clarity and can impact effective decision making. That’s where advisory boards come in.
De-cluttering isn’t only for shelves and sock drawers – the Marie Kondo magic works for marketing plans, too.
Earlier this week, unfortunate news emerged that one of Australia’s startup prodigies: Shoes of Prey, collapsed into liquidation. Here are the main lessons for startups and small business owners to note.
Signing a lease for commercial real estate can be one of the biggest investments a business can make, so it’s important to go above and beyond when doing your due diligence.
As Voltaire said, perfect is the enemy of good. Not only is this aphorism useful in many areas of life, it highlights how perfectionism can be damaging for business – particularly in today’s ever-changing tech landscape.
We’ve heard from business workshops, business coaches, marketing experts, academics and even other business owners on how important research is in business. But at a certain point does too much research become procrastination?
As small business owners begin the mad rush to the end of the year, they’re being urged to be on the lookout for scams that cost them $30,000 on average.