Are you the proud owner of a family-owned company? From succession planning to company culture, these family business tips and insights, based on stats from SCORE’s latest business infographic, will help you build a roadmap to success and increase the chance of transitioning into the next generation.
Business owners are often stuck in the “work until you drop” model and cannot think about how to grow their businesses. Here are four common barriers that hold small business owners back from scaling their fledgling companies.
Back taxes can have serious consequences for a small business. They accrue interest and penalties, so your tax debt can quickly snowball. The IRS will hold any tax refund your business is entitled to until the past-due taxes are paid.
Small business owners are overwhelmingly optimistic: 69 percent of respondents reported feeling optimistic about the next six months for their company.
For small businesses, one late-paying customer could mean the difference between success and failure. Not only are late payments a big problem for small business, but the problem is getting worse.
Follow these 4 tips for success collecting market and competitive research for your business, both now and in the future.
Have you ever wished your company’s product could reach exponentially more potential customers than those you’re already targeting? Licensing can take your small business and catapult it to a huge audience, but only if you do it wisely.