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The decision to sell your business is a bittersweet professional, and personal, turning point. All the years of ceaseless hard work, shrewd decision-making, and personal self-sacrifice, culminate in the sale of your life’s work. Once the decision to…
How would you respond if someone asked when you plan to retire? As a business owner, retiring means exiting your business. Once you have chosen the best exit strategy for your business, it’s time to build a plan to follow through on that strategy. A…
Exiting your business is a significant milestone that requires careful consideration and planning. One of the most crucial decisions you'll make during this process is choosing the right exit option. Whether you're looking to sell, pass it on to a family…
Every business owner knows that remaining competitive requires looking for opportunities to better serve existing customers and continuously grow your customer base. However, knowing when to make the leap and expand your business may be a challenge. Here…
Once you have determined that there are compelling reasons to expand your business, the next consideration is how to go about expanding. This follow-up article will discuss and explore seven different and important ways to accomplish exactly that.…
Before seeking financing to fuel the growth of your business, it is important to lay a solid foundation by defining your strategic plans and carefully assessing your options. By clearly defining your growth objectives and evaluating available avenues,…
Small businesses vitalize our communities and make Massachusetts a fantastic place to live and work. Unfortunately, small businesses are also common targets for scams and fraud. Business owners can protect themselves and their business by learning how to…
Starting a business entails hundreds, if not thousands of hours of hard work—and much of that work can be erased with just one instance of fraud. That’s why it’s critical for business owners to educate themselves and their employees on how to identify…
To run a successful business, you must relentlessly monitor and maintain your cash flow. Great employees, effective marketing, and a solid IT infrastructure drive prosperous and healthy companies’ reputations and brand recognition in the market; but ask…
One of the smartest things a new business owner can do to get off to a good start is to utilize a payroll management system. This article will explore three key aspects of payroll management, highlighting best practices that can help you streamline…