A lot of people end up in business with someone without enough thought. Maybe they were already friends, or perhaps circumstances just threw them together. Yet, the success of your business will depend on the success of your partnership. Human relationships can be...
Month: September 2022
Mistakes to avoid when buying a franchise
Purchasing a franchise offers several benefits for hopeful entrepreneurs. For example, franchises come with proven business models that provide the resources and support new owners need to increase their potential for success. However, buying into a franchise isn’t...
How long do you wait before you refer a debtor to collections?
It can take a lot of work to keep some of your commercial clients on track with their payments, and some of them are harder than others to push toward compliance. But, how much of a grace period do you give? How much is “too much” when it comes to working with someone...