Starting or Buying a Business
November 4, 2024
The success or failure of your business may depend on your initial planning, but how do you plan and what do you plan for?
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The success or failure of your business may depend on your initial planning, but how do you plan and what do you plan for?
It’s important to recognize the unique financial challenges small businesses face and develop strategies to address them to maximize success.
A well-thought-out business plan captures your vision, illustrates it for others, and creates the roadmap you and your management team.
When developing a succession plan for your business, you must make many decisions. The key is to pick the best plan for your circumstances.
There is a distinction between knowing how to run a business and understanding the financial concepts that can help it thrive. Business acumen doesn’t necessarily mean a person understands how to manage finances.
Leaving the business you have worked so hard to nurture is inevitable. To best preserve the value you have created, it is critical that you have a written strategy for you, your family, and your employees to help assure that when you are no longer in charge, everyone knows what will happen next.
Like other industries over the past year and a half, air travel’s fortunes have been closely tied to the track of the pandemic. A longer term issue confronts the airlines, though, one that many industries are facing – climate change.
If you’re a small-business owner, you probably pour your heart, soul, and nearly all your money into your business. When it comes to retirement planning,
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