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A business partnership involves two or more people cooperating to start or improve an organization. They generally share financial responsibility and managerial duties and will mutually benefit from the organization's success. Unfortunately, the very partnership...
Most people have heard the term “silent partner.” Fewer are clear on what role a silent partner actually plays in a business. The specific role is decided on by the partners themselves and defined in the partnership agreement. However, it’s important to understand the...
A good business plan can make a big difference in how your business is run. Having a thorough business plan sets you up for success by making sure you understand all aspects of your business and the market you’re opening it in. The importance of a good business plan...
Every new contract that you sign on behalf of your company means more benefits and gains for your business. Contracts might mean you have new employees on your staff roster or a new supplier to help you keep your costs low. However, contracts can also lead to...
The COVID-19 coronavirus outbreak continues to dominate the news cycle in the United States. Fear of a widespread outbreak has many people – including small business owners and employers – wondering how to best protect themselves and others. The Centers for Disease...
