If you own a small business, developing your succession plan is a critical element of good business planning. Many business owners fail to appreciate the complexities and time involved in successfully transitioning a business. Busy with the day-to-day management of...
Business Law
How to Handle the Exit of Employees Who Have Non-Compete Agreements
Any time an employee leaves a business, the departure has the potential to be disruptive. When the employee had access to confidential or proprietary information, or if the employee has a non-compete agreement, it can be particularly troubling. To minimize the chaos...
How Important are MVPs?
If you are starting a new business, one of your top concerns may be determining if, and to what extent your product or service will be successful. While it is impossible to predict the future, there are some methods you can use to get a better idea of how consumers...
Avoid 3 costly mistakes to protect the future of your startup
One of the most significant obstacles new business owners face is lack of money. Financial limitations and demands make it very difficult for even the most promising company to flounder and potentially fail. As such, it is crucial for new business owners to minimize...
Female-led Startups See Increases in VC Funding
Securing funding is one of the first big hurdles that new and emerging business owners face. Many entrepreneurs never get past this step, and a business is over before it ever really begins. Because funding is so important, startup owners should stay plugged-in to...