The family business has always been a major force in our economy. The building of a successful family business creates the potential for wealth, independence and a close working family . The dream can turn into a nightmare for both the family and the business without the special attention that the family business requires. The family business...
When you have a major decision to make, how do you go about making it? Suppose you are contemplating expanding your product lines, how can you be most certain that your increased investment and effort will earn an acceptable return? Or perhaps your lease is about to expire and you are considering moving to a larger space in a better location. How...
You are about to begin an expansion of your business that will involve an investment of about one hundred thousand dollars. Would you consider retaining the services of someone familiar with financial structures to review your plans? Probably not. You are about to buy a major piece of capital equipment that you hope to use for many years. Would...
Faced with a business problem--look for solutions and advice from another business person who is familiar with your type of business. Sounds simple and it makes sense, but most often that is not the course of action taken by the independent business owner. Go it alone and when things get really out of hand, call the lawyers. Sound familiar? There...
Is your company run like a private preserve, operated by the lone hunter so he can roam for private enjoyment and self satisfaction? Another view of the closely held corporation is that it is an independent creation with a life of it's own. Much like a child that you have created and nurtured into maturity, it now must continue to develop and...