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Businessinsights

DISASTER PLANNING AND THE IMPORTANCE OF A BUSINESS CONTINUITY PLAN

In 2017, the United States (and the world) has experienced a string of disasters that have displaced people and businesses with calamitous consequences. We have seen hurricanes, tornadoes, forest fires, and...

Managing Conflicts in the Workplace

Most of us spend as much, if not more, time with our colleagues than our families. Naturally, this can result in conflicts among employees and between...

How to Use Noncompete Agreements

Duration and Geography are two of the many considerations that are important to such contracts. Noncompetition agreements, also known as covenants not to compete, are agreements between parties not to enter into competing businesses or activities either...

Best Practices for Administering Employee Benefit Plans

Most employers offer benefits to their employees; however, they are often unfamiliar with the many responsibilities that come with it. Employee benefits are any nonwages compensation provided...

VENTURING INTO JOINT VENTURES

So you are busy operating your business but have a great new idea: it may be a groundbreaking product or an underserved market that should be...

WHAT IS YOUR COMPANY WORTH?

A company often needs to know what the business is worth, for example, when a company is considering an exit, bringing in an investor, or offering...

Is It Time for Your Business to Pivot?

To pivot is to turn your business around to adapt to changing technologies, market demands, or just a better idea. The pivot can be hard to recognize by those...

TRANSFORMATION: BOLD, RISKY, BUT WORTH PURSUING

Harley-Davidson, an iconic brand that has ruled the world of motorcycles, was close to declaring bankruptcy in the1980s. However, a dynamic and transformational leader, Richard Teerlink, with...

HOW TO SURVIVE (AND THRIVE) AS A MINORITY OWNER

Most business enterprises are partnerships, giving entrepreneurs the ability to pool resources, funds, and skills as they build their companies. It is also common for partnerships to...

Managing Campaigns, Protests, and Diverse Opinions in the Workplace

  Unless you have been in hiding, you will have noticed that this has been a contentious time for the country. Since Election Day, we have been...
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