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People who are considering purchasing a business right now might have concerns about how these companies may be adversely affected if a full-blown recession were to appear. There are a couple of things you can do to protect yourself. Read More

As the knock-on effects of the credit crunch begin to bite in the small business world, this article examines complementary diversification as a method for spreading your risk across other product/service lines. Read More

There are more than 26 million small companies in America, most of which employ fewer than 20 people. Baby boomers—the oldest 3.2 million of whom are celebrating their 62nd birthdays this year—run a significant proportion of these companies and just might be ready for a little leisure time. But the process of retiring isn't nearly as easy for the Read More

After making several mistakes along these lines, this is an excellent check-list for the current or budding small business owner.

You have to plan your exit form a business at the beginning and shape that business so it can continue without you.

This post gets you headed in the right direction. Read More

Mitch Anderson was an electronic engineer who started an online computer parts company, LaptopsForLess.com, which filled a cataloging niche that his large corporate competitors were unable to fill. The ingenuity of his business enabled Anderson to sell his company and retire at the age of 37, when he launched a new career in filmmaking and DVD dis Read More

Companies are viewing corporate social responsibility (CSR) as a growth opportunity rather than a regulatory-compliance or philanthropic issue, with 68% of firms surveyed focused on generating revenue through CSR activities, according to a study (pdf) by IBM.

Moreover, 54% of those surveyed said CSR initiatives are already giving the Read More

Millions of U.S. small businesses — especially in the retail, business-services and housing industries — could be vulnerable if a recession strikes on top of the housing slump and credit crunch.

Small businesses are closely watching their financials, their customers' buying habits and other signs of where their companies and the U.S. economy m Read More

Web 2.0 efficiencies disrupt old business models by reducing manufacturing and investment costs and decentralizing information. It's time for the permeable corporation, where success depends upon cooperation and interaction. Read More

Finding the right business broker, investment banker or advisor is a crucial part of a successful exit strategy. But there are a number of complex issues to examine when seeking the right professional. It starts with interviewing your prospects. First, determine their industries of expertise. Brokers who operate primarily in real estate transa Read More