Is business insurance worthwhile?

If you’re like many small business owners, your business may not be adequately insured in the case of a fire, flood, natural disaster, theft, or personal injury. Often home-based business owners assume they are covered under their homeowner’s policy. Other entrepreneurs, working long hours and pulled in too many directions, may never get around to talking to an insurance agent about their business. If you’ve been procrastinating on business insurance,…  Read more

What is your succession plan?

According to recent research, a staggering two-thirds of US millionaire-owned businesses are operating without a succession plan—and even fewer small business owners around the globe are prepared for their CEO’s eventual exit. Recent stats from PWC Global show that family-owned businesses are no more prepared: 43% don’t have a succession plan in place, and only 12% survive to the third generation. No matter whether your company has one employee, a…  Read more

Protect Business Reputation by Planning for Big Sales

A business plan is essential for business development. But even with a solid plan, there is some aspect of unpredictability. There is a multitude of variables that have to be taken into account, any of which could have a great impact on the prosperity of a small business. Sales forecasting may well be the most difficult and complicated of all areas covered in a strategic business plan. To predict sales,…  Read more

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