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By following five key steps relevant to almost all family businesses, the business can create a viable succession plan, provide for the financial independence of the retiring owners, and position the business for continued success and growth. Read More

Well, not really a "raise." After all, McDonald's franchisees aren't employees; they're owners! What they could be getting is a $5 Dollar Menu which could prove to be a nice shot in the arm. Read more. Read More

Good credit can be the lifeblood for any entrepreneurial venture. Without good credit, business loans and lines of credit needed for startup or to expand an existing business can be unattainable. This can make launching or growing a venture all but impossible without some other source of financing. Read More

This speech you are about to listen to by Kevin Spacey has set the media and tech industry on fire about how Netflix could blow up the traditional TV industry as we know it. Spacey, a double Oscar-winner, is challenging TV networks to give "control" back to their audiences or risk losing them! Read More

Small business owners need to have sound financial planning to avoid getting into trouble when they need to borrow money. This article explains why and offers tips. Read More

By Keith Tully

Starting a small business in the United Kingdom is no easy task, especially if your company is operating within a competitive industry and/or you’re based in a densely populated area where the cost of operating is usually more expensive than in rural areas. Although many businesse Read More

IRS has now sent some notices regarding some companies not paying their taxes from payments made through credit card transactions. Since this deals with third party processors, it is more important to take note of each payment. Learn more about it here. Read More

It’s been a tough summer for emerging markets, amid a year that has cut more than $1 trillion from the value of their stock markets. Currencies and bourses in India, Indonesia, and the Philippines keep getting hammered. Here’s what emerging-markets gurus are saying about the situation. Read More

No one doubts the financial pressure bearing down on school districts across the country. We face a steady stream of stories about teacher layoffs, oversized classrooms and poor results. We’d like to draw attention to an aspect of the crisis near and dear to us: inventory costs. With school systems Read More