If you want to be competitive in the marketplace and increase your market share, then you have to engage in effective strategic planning. To do so, you have to evaluate market conditions, identify potential risks and opportunities and set goals to achieve desired...
Business owners should thoroughly review all business agreements
If you are entering into a business agreement with one or more parties, you should know that every word of that contract is significant and should be taken seriously. Generally, when a contract is first drafted, both parties should review each line of the contract and...
Succession planning for family businesses
Without planning, a family business may not survive the death of its founder or leader. An estate plan alone cannot guarantee continuity of the family business. Legacy assessment A legacy assessment goes far beyond an estate plan and helps the family deal with...
Effectively avoiding contract disputes in Kentucky
Contracts are the heart and soul of business. A contract is a legally binding document and if something transpires that makes one person or the other need to break the contract, it can lead to contract disputes that go on for a long time with a great deal of...
Are you ready to start your own business?
Starting a business is an exciting step but it is also a big step. For that reason, entrepreneurs who are considering starting a business should ask themselves if they are ready to start a business. Business readiness considerations There are a variety of different...