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All tip sheets

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Good practices for sound supplier management

Even with a brilliant idea, seasoned managers, talented employees and a revolutionary concept, without suppliers a company is like a dream car with no gas in its tank—worthy of interest but unable to reach its full potential.

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Good accounts receivable management practices

Accounts receivable management is a key part of managing any business. Neglecting this aspect can lead to a cash crunch, which in turn can have serious consequences.

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5 steps to creating your website

Here the 5 fundamental steps to creating your website or making changes to an existing one: strategic planning, design, production, launch, operations.

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Due diligence: A critical step in buying a business

A critical step in buying a business, due diligence is done to support the terms of sale (e.g., purchase price may be revised to reflect points discovered). A long, intensive process, due diligence prepares you to negotiate effectively and make an informed decision.

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Is your business prepared to deal with an emergency?

No business is immune to disasters and their consequences, some of which can even threaten the company’s survival. Even worse, they could endanger the health and lives of employees. Fortunately, you can prepare for the unexpected with a solid emergency plan.

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Civil liability: Preventive measures to avoid lawsuits

Your business is liable for any property damage or physical or emotional injury it may cause to third parties. Adopting preventive measures can help you avoid being held responsible for bodily injuries and sued for civil liability.

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Improve your entrepreneurial savvy through mentorship

Entrepreneurial savvy is not something you learn at school. It’s partly innate and partly acquired throughout your business life. Mentorship will help you improve your entrepreneurial savvy and increase your chances of business success.

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What is a shareholder agreement?

A shareholder agreement offers solutions to problems that are likely to come up and create conflict among shareholders. Without a good shareholder agreement, your business is vulnerable to the unexpected. The time you spend on defining your business relationships is an investment in the stability of your business's future.

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