GROSS VS NET PROFIT: WHY NUMBERS ARE DECEIVING
In the world of business, your earnings can make a large difference between getting investors to invest in your business and being completely overlooked. Many business owners think that the more money they bring in, the more likely it is that investors will show interest. This is true to some extent, but in actuality, thinking […]
TAKE YOUR BUSINESS TO THE NEXT LEVEL
Your business will stagnate if you keep to the status quo. You cannot just keep doing what you’ve always done. Take former movie rental giant Blockbuster as an example. Even its brand familiarity and market dominance was not enough to save it when other companies reacted to critical market changes, and Blockbusters didn’t. Review the […]
SUCCESSION PLANNING
Owning a business requires careful succession planning and is part of your estate planning as you have to determine who will succeed you, or who will purchase your shares, or who will be entitled to the income after your death. The future ownership of your business is at stake. A Partnership automatically dissolves upon the […]