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Ten Commandments for Family Businesses

Ten Commandments for Family Businesses

Family businesses have always been a force in the U.S, but you may not have realized the degree of impact these companies have on the economy. According to PeakFamilyBusiness.com: Approximately 90% of U.S. businesses – more than 17 million – are owned or controlled by families. They […]

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Overtime Pay: Who Qualifies?

Overtime Pay: Who Qualifies?

Just when you think you know the answer, someone changes the question. Rules regarding overtime pay, which were fairly stable and consistently applied for decades, are suddenly subject to a great deal of attention. At issue is exactly which employees, based on job description and regular responsibilities, […]

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The JOBS Act and Crowd Sourcing

The JOBS Act and Crowd Sourcing

If you’re thinking about raising additional capital for your business, or perhaps investing in an early stage company, heads-up. The rules are about to change, thanks to the Jumpstart Our Business Startups Act (JOBS Act). Leaders from both parties hope the legislation will help small businesses and […]

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Nine Steps to Better Referrals

Nine Steps to Better Referrals

There are three fairly obvious ways to grow your business: Find new customers Sell more to existing customers Acquire another company and its sales volume. All three are legitimate growth strategies that can work for companies in nearly every industry. Any of the three can be appropriate […]

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Setting the Record Straight: Debunking Invoice Factoring Myths

Setting the Record Straight: Debunking Invoice Factoring Myths

Every industry has to deal with its share of misconceptions and the invoice factoring business is no exception. Despite widespread acceptance in dozens of industries and thousands of companies, factoring is still misunderstood by many business owners and operators whom it could benefit. Concerns tend to focus […]

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Painless Customer Service

Painless Customer Service

While it’s true that the Internet-based promotional and marketing tools make finding new customers easier than ever before, the fact remains that it’s still smart and cost-effective to keep your current accounts around. Estimates vary, but when all the various costs are considered it’s widely believed that […]

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Eleven Things You Must Do as a Business Owner

Eleven Things You Must Do as a Business Owner

Just what you needed, right? Eleven more things to think about. Relax. There’s no finger wagging or scolding coming, just friendly reminders of some of the universal truths of growing a successful business. You’re likely doing a lot of this already. If you’re lacking somewhere, put together […]

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How to be a Billionaire: Advice on Building Ten-Figure Wealth

How to be a Billionaire: Advice on Building Ten-Figure Wealth

Forbes magazine’s first list of the world’s billionaires consisted of 140 names. That was in 1987. This year’s roster, presented in the publication’s March 26 issue, tallies 1,226 billionaires with a combined worth estimated at $4.6 trillion. Both figures are records according to Forbes.com. In case you’re […]

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An Introduction to Buy-Sell Agreements

An Introduction to Buy-Sell Agreements

You might think your business partner’s spouse is terrific. You appreciate the support of the long hours and the understanding of the many sacrifices that must be made to grow a business. You get along fine during social situations. You even send a nice gift for the […]

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Why Bank Failures Matter to Your Business

Why Bank Failures Matter to Your Business

Bank failures don’t dominate the financial headlines like they did two years ago, but they still occur frequently enough to send negative ripple effects through the economy. In mid-March, regulators shut down two banks in Georgia and Illinois, marking the fourteenth and fifteenth failures through the first […]

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