MLR

Category: General Business

It’s common for companies to hit a point during growth where it is difficult without outside assistance. Private equity investment can be a wonderful option for business owners who want to retain some control of their business while also reaping the benefits of an outside investment.

The right private investor can be an incredibly valuable addition to your team — beyond just providing much-needed capital. As long as you consider the details beforehand so you can protect your own best interests, you may find that an investor is the key to your company’s long-term expansion and overall success.

Maintaining accurate records helps you manage the day-to-day operations of a business and makes it possible to prove that your organization is in compliance with various laws and regulations. Keeping good records also helps when hiring business tax services or when seeking business tax advice.

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Maybe you’re starting out and wondering to yourself, “how does a buy-sell agreement work”? If, however, you’re a business owner, you’ve probably established a buy-sell agreement in case you or a partner part ways with the company, whether voluntarily or involuntarily. Either way, it’s important to remember that just drafting an agreement and putting it in storage isn’t enough. From time to time, you may need to review the agreement and make revisions as needed.

The laws for online sales tax have changed. Learn about how the shift impacts digital retail and the need it creates for professional business tax accounting.

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Certain workplace culture characteristics consistently bring about higher financial performance.

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Establishing a winning position in the marketplace is obviously critical to your company’s success.

Perhaps you’re considering selling off your C corporation’s assets and liquidating the firm.

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Business is about profit, but you can have fun and make profits at the same time,” said Bruce McLenithan, director of Operations Learning and Development, Steelcase North America, Grand Rapids, MI.

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Statements like this can boost your company’s sales as much as 250%. Even better, when you get a testimonial from a consumer, that person is likely to become a more loyal customer and help spread the word about your company’s products.

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Smart company owners and executives obtain business interruption insurance — and possibly contingent business income coverage if the operation relies heavily on outsourcing or a particular supplier.