A family business can be a great source of pride and income, but what happens when the family that owns the business is broken apart? Divorce happens to almost half of all marriages, even today. While every divorce is different, there are some general principles that apply when it comes to dividing up a family
Sometimes it takes effort to tell when your business is ready to expand. Are you considering expanding but need help knowing where to begin? Here are a few questions that can help guide you in the right direction. Here are 5 ways to start expanding your business: Research Your Target Market The first step to
In 2021, firearms sales in the United States totaled 10.8 million units. This increase of 2% from the previous year is projected to continue increasing in the coming years. This increase is twofold: first, the number of Americans who own firearms is on the rise (currently at 36%), and second, concerns about personal safety and
Today’s savvy entrepreneurs are constantly on the move, and technology is an important part of their daily lives. With the right tools, you can keep in touch with your team members, customers, and vendors anywhere. In this article, you’ll learn four ways technology can help you be more efficient and productive as an entrepreneur, so read
As a business owner, it’s in your nature to find ways to reduce costs whenever possible. Marketing is one of the biggest expenses you will incur when expanding your business. Although marketing can become costly, cost-effective methods are available that will maintain quality and results. To help you out, here are some tips on reducing
Launching a new product can be an exciting time for any business. However, before you launch your new product, there are a few things you should do to ensure that the launch is successful. Here are 8 things to do before launching a new product: Conduct Market Research The first thing you should do before
A business can be a great way to achieve financial independence and control your work. Starting a business allows you to be your own boss, set your own hours, and make your own decisions. Starting a business can be a very rewarding experience. But maybe you’re feeling overwhelmed and unsure where to start. Here, you’ll
As a property manager, you have a lot on your plate. In addition to finding and screening tenants, you’re also responsible for maintaining the property, handling repairs, and, most importantly, keeping your tenants safe. While you can’t control everything, there are steps you can take to help ensure your tenants feel safe in their homes.
To be a successful entrepreneur, you need to have strong networking skills. Professional networking is key to connecting and building relationships with other business owners, investors, and clients. It can help you get advice, feedback, and support when needed. According to a National Association of Colleges and Employers study, 93% of employers say that networking
Manufacturing and product development spending in the United States totaled $2.23 trillion in 2021 and is expected to grow to $2.47 trillion by 2020, according to a report from the Manufacturers Alliance/MAPI. This accounts for nearly 13% of the U.S. GDP. Regarding product development spending as a percentage of revenue, the pharmaceuticals and medical products