When it comes to business partnerships, it’s crucial to acknowledge that there may come a time when an initial collaboration may need to be reevaluated. Business environments are constantly evolving, and sometimes, so should business partnerships. If you are in a...
During the business formation process, the average entrepreneur spends a lot of time thinking about what structure would be best for their company. Some people want to start corporations, while others would prefer to keep the arrangements as simple as possible....
Companies evolve, markets shift and strategies adapt to these changing factors. Businesses may respond to such change or proactively seek growth through mergers and acquisitions. Mergers and acquisitions are common business activities, yet they're often misunderstood....
A merger can be an exciting opportunity for both of the companies involved. They can gain access to intellectual property, proprietary processes, new facilities and the best talent in the industry. They can also potentially expand their market share and company reach...
As a business owner, are you starting to think about what’s going to happen to your company after you leave? Maybe you’re getting ready to retire. Maybe you’re making your estate plan and thinking about how you want to distribute assets. Your business is a major...
You’ve always wanted to start a business. It’s definitely exciting as you move close to this goal. However, it’s important not to get ahead of yourself. You don’t want to overlook key steps or make mistakes that could hold the business back. Gathering information...
Intellectual property (IP) is an essential aspect of any business in the modern era, and it's crucial to understand the different types of IP protections available. You’ve probably heard of three of the most common forms of IP protection – patents, trademarks and...
An organization is only as successful as the leadership that drives it and the workers who provide daily labor. Major changes in the executive talent at an organization can have devastating consequences for the company's stability. Someone in a leadership role making...
Every new staff member that you hire can substantially increase your company's operational abilities. However, the more workers you have, the greater the possibility of a conflict, a lawsuit or some other issues affecting your business's operations or profit margin. A...
Businesses often start small and then grow according to how quickly they succeed. Although there are those who find investors before they ever start their businesses, many entrepreneurs are their own primary supporters. They know their idea has merit, so they do what...