MLR

Category: General Business

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With the SEC requiring greater transparency with regard to executive compensation, many organizations — not just public corporations that are bound by SEC disclosure rules — have begun to rethink the issue. Shifting public expectations are causing organizations to redefine how, and to what extent, executive initiative and leadership is rewarded.

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These days, anyone looking to form a new business relationship — especially one that involves credit — is wise to check out the risk involved first. After all, we know that even giant companies that once seemed untouchable, like Lehman Brothers and General Motors, may be teetering on too narrow a pedestal.

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With today’s technology, many companies and their employees have figured out that at least some work can be done from home.

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For the sake of your company’s bottom line and continued good relationships with good customers who fall behind on their bills, it’s important to know what condition their finances are in when things go wrong.

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A business trip is meant to solidify relationships with clients and customers or to gain new ones. Or perhaps it’s a time for sales calls and “meets and greets” with suppliers. In any event, the goal of business travel is generally to make money — not to fritter it away on needless expenses.

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Gone are the days when a glance could confirm or deny whether a business was diverse. Back then, if there were a handful of women and minorities in visible positions, the company’s diversity initiatives would have been considered a success. Today, savvy leaders know that workplace diversity isn’t just having a certain number of minority hires; rather, it’s creating an inclusive, progressive environment that values and leverages every staff member’s background.

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The phrase “two heads are better than one” can apply to corporations and their intellectual property. When two or more companies agree to share their intellectual property for mutual benefit, the payback can be considerable. Not only can collaboration result in additional revenue, it can also create more intellectual property that can further benefit all parties in the relationship.

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At the end of June, the U.S. Supreme Court adjourned for its summer recess. Here are five recent cases from its 2016 term that may be of interest to business owners and managers.

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Economic shifts can produce a constriction in the flow of venture capital and that is generally bad news for the technology and start-up arena. While innovation may continue, consumers may not benefit.

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Acquiring another company and merging it with your business can be the most efficient way to grow. But many acquisitions don’t pay off and it’s often management issues — not market conditions — that get in the way.