A common perception is that a business exists to make money. While profits are critical …
IEM aims for schools to be measured by how ’employable’ graduates are.
Graduating from building a business to trusting your staff to run things whilst you oversea is a big step in ensuring you can enjoy your business and your life. Business Advisor Larry Mangelberg offers a How To on achieving just that.
Many small businesses and entrepreneurs do not consider a merger and acquisition as early as they should. Particularly in a down economy, an M&A can be the best avenue to more clients, increased business, great company publicity, and more.
Less than 1 in 10 mergers are deemed successful by the people initiating them — a staggering number when you consider the cost. The No. 1 reason cited was a failure to consider culture when integrating two businesses.
A down economy creates the perfect marketing opportunity for business. Reach out to your customers in a time when your competitors are cutting back on their marketing and take advantage of media outlets who are resulting to lowering their costs due to decreased demand.
A successful family business is possible with clear boundaries and well defined systems and structure. Formalize and document your processes and hold family and non-family staff to the same expectations.