Category: Best Practices

Succession Planning: Why You Need to Start Now

A lot of succession planning revolves around financial structure and tax strategies, and they take time to implement. Unfortunately, 95 percent of small business owners decide they want to sell within a few months and they don’t have enough time to prepare.

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Avoiding the Pitfalls of a “Bad Hire”

Too often, business owners keep unwanted staff too long or for the wrong reasons, and even more often, they make the wrong hiring choice in the first place. Interviewing potential employees is tricky, and there are very few managers who have been trained in effective interview techniques.

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