Starting a business is almost like welcoming a new member to your family. You could experience profound excitement, joy, anxiety and pride as what was once just a concept eventually becomes a viable company. As with changes to your family, creating a…
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You’ve been best friends with your business partner for decades, and you trust each other completely. Why, then, would you need to bother with a partnership agreement for your business? When there’s a personal relationship between them, people of…
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You’ve been training to become a plumber. You’ve worked alongside others who have taught you the craft, and you’re finally getting your licensing to work on your own. You’d like to open your own business, but there are many different kinds of…
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When you first started your business, you probably never took any real notes of your meetings with your partners. Everything was handled verbally or over email. Well, times change. Now that you’ve grown, you have a lot more rules you have to follow…
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Scaling up your business means taking steps to expand your production or reach. It sets the groundwork so that your startup can comfortably (and profitably) start to grow beyond its original boundaries by adding in things like outside funding, new em…
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Mergers and acquisitions happen in business all the time — and are often a sign of growth. But, any kind of merger or acquisition involving a business tends to feel inherently unstable to the employees involved. If you want your company’s merger…
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You’ve got the dream and the vision to make your business happen. You’ve got a solid business plan and plenty of experience in your field. Now, you just need an investor. When someone comes along who is willing to throw money into your company’…
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If you have a business concept in mind and you’re considering incorporating your business around it, then you’re probably keenly aware that there isn’t just one type of corporate structure that you can choose from. There are instead many differ…
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When you started your business, you were naturally exuberant. Your initial success gave you a rosy vision of the future, and you anticipated a great deal of growth over the next few years. Then things slowed down and eventually stalled. Your business…
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For a small company, a buy-out can mean great things. It generally means that you’ve successfully made some inroads into the market or field. But buyouts are also scary for employees. During the merger and acquisition process, you don’t want to l…
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