Does your business need its head examined? The mind of your business influences decision-making processes, governance, security, and safety. When healthy, it can lead your business towards long-term prosperity. Check out 3 Ways To Strengthen The Mind Of Your Business.
While your competitors may have ownership issues bogging down their decision making, you will be able to grow together -- or to separate -- with confidence. Learn how to leverage the legal infrastructure tools – the Shareholder Agreement or Operating Agreement, key insurance policies, and a limited liability entity structure, to create strong relationships among owners and ensure the individual owners are protected from the activities of the company and from one another.
Over the past few years, the emphasis on employee engagement and happiness has been forefront in the business news and best practices. And though more companies are realizing Ping-Pong tables aren’t essential for workplace happiness, there’s certainly value in creating a ‘fun’ work environment to boost employee engagement. Whether your company’s incentives are fun or financial... View Article
Rideshare companies Lyft and Uber have announced stock ownership opportunities for their drivers as part of their IPOs this spring. In an effort to build driver loyalty, the programs offer the drivers cash bonuses that allow them to subscribe to shares of the company’s stock in advance of the IPO. This is an unusual structure... View Article
By Tom Ovendale, Principle, and Bob Gruber, Founder, The Rainier Group. Deferred compensation can be a valuable tool in helping CEOs accomplish their employee retention and incentive objectives. Retirement plans, pension plans, and stock-option plans can all aid in making employment opportunities attractive for recruiting. Unfortunately, many deferred compensation plans fail to deliver the desired... View Article
We often have clients who are in business with others – commonly called “partnerships” even though they are more likely “members” or “shareholders” than partners — where all the partners are working in the business. The elephant in the room for many of these partnerships is whether the relationship will work and what happens if... View Article
When talking with clients about their annual goals, cash flow and fundraising is a common theme. Many are looking for growth capital and are keen to bring on investors. To them, investors = money and money is good. But there are many factors to consider when thinking about investors for your business. 1. What kind... View Article
Our guest blog comes from Michelle Goerdel, President, Biz Loan Link. This is continued from last weeks post on options for financing your company. 6) Angel investors generally use their funds to invest in very early stage companies that are just starting to produce revenue or may not even be at the revenue stage yet.... View Article
Our guest blog this week comes from Michelle Goerdel, President, Biz Loan Link. There are a many different ways that companies can finance growth or other changes that companies can turn to when it can’t qualify for bank financing. These differ depending upon the company’s financial history, its current balance sheet and its cash flow.... View Article