The Strategy of Business Plan Success

Strategic planning is important for all firms, but especially for growing businesses. Thirty per cent of new businesses with 4 or fewer employees don’t survive beyond their first year. By year 3, more than half are gone. Ten per cent of medium-sized businesses (5-99...

The Business of Family Companies

Operating a family business presents additional obstacles (along with additional opportunities) to entrepreneurs. Relationships are put at risk on a professional and a personal level as work/life boundaries become blurred. Often family members know the right buttons...

7 Ways to Control Your Costs

Cost control can be the hardest part of managing a business, especially when your costs are tied to employees. It is important to take a look at your costs every so often to ensure you are getting the best possible bang for your buck. We’ve compiled 7 suggestions to...

Marketing Tips that Won’t Break the Bank

Many start-ups have limited marketing budgets. But you can advertise inexpensively, if you apply some creativity. Start by determining you marketing goals – keeping them practical and realistic – then determine which low-cost marketing options will best help you...