Running a business has many challenges. You may not have a strong desire to take on all of these on your own. This may lead you to consider bringing on a business partner, someone to help share the load and collaborate with. Good business partnerships can bring a lot of success for companies. A troubled partnership, however, could pose real challenges for a business and make life more difficult for all of the partners. There are steps business owners can take to try to ensure a partnership falls into the first category rather than the second.
Like most Americans, it’s possible that you’ve enjoyed the convenience of a kiosk service to rent DVDs, Bluray discs and video games. However, the day and age of movies and games on discs are ending putting services like Redbox in hot water.
The world is ever-changing. And arguably nowhere more so than the U.S. With the new administration focused on deregulation as well as state and local making changes to workplace law, 2018 will be an important time to review your employee handbook.
As a small business owner, your business is special to you. You do your best to care for it and protect it at all costs. You invest so much of yourself and your finances into its success. So when someone infringes on your copyright, it can feel personal.
Sweat equity is the non-monetary contribution made to an enterprise or project. For cash-strapped entrepreneurs, sweat equity is used to grow the business when throwing money at it isn’t an option. The labors put into the business increase its value, creating equity.
You have decided that you are ready to advance your career. You have completed your education and have decided that you want to start your own business. You’ve created marketing plans and researched the competition. You know you have a great product and are ready to provide it to the public. The time to take action is now.
The business section is filled with news about corporate mergers and acquisitions. It’s often when a large company purchases a smaller one, but mergers can also occur when two similarly-sized organizations decide to become one. There are many high-profile examples in wide ranging industries: Exxon-Mobil, Time Warner and America Online, and the beer industry’s SABMiller-AB InBev mergers are all recent, well-known examples. While these are household names, small businesses frequently consider mergers and consolidations when it makes business sense as well.
Playing the radio? You could be facing a big fine.