Articles

 How can I avoid running into cash flow problems in my small business?

Failure to properly plan cash flow is one of the leading causes of small business failures....

 How can I ensure that my small business will survive the transition into the next generation?

Less than one-third of family businesses survive the transition from first to second generation...

 How do I know whether I have what it takes to run my own business?

Before starting out, list your reasons for wanting to go into business. Some of the most common...

 Is a home-based business right for me?

To succeed, your business must be based on something greater than a desire to be your own boss:...

 Should I keep a cash reserve in my small business?

You should always keep enough cash on hand to cover expenses and as an added cushion for...

 What legal requirements might affect a home-based business?

A home-based business is subject to many of the same laws and regulations affecting other...

 What should I include in a business plan?

The following outline of a typical business plan can serve as a guide that you can adapt to your...

 What steps can I take to improve my business cash flow?

To achieve a positive cash flow, you must have a sound plan. Your business can increase cash...

 What's involved in succession planning for family businesses?

Transferring the family business requires the family to make a determined effort to do the...