One day you may sit back and realize your lifelong dream has come true: you started a company and successfully survived the scrappy, often tricky first years of business. Now that things are finally slowing down and getting a bit easier, the fear starts to creep in that all your hard work could disappear one day.
Retirement can feel like a very far off thing as one is knee-deep in the everyday activities of running a business. This may lead some business owners to assume that their retirement is something they don’t really need to think about now.
In today’s world, shoppers have many options. A recent survey suggests that a fair portion of today’s consumers plan to look more towards small businesses for their shopping needs in the future.
A recent report indicates that these days, small business owners are more optimistic than they have been in quite some time.
Among the things that can be critical to a business’ success is it being able to smoothly get the goods and services it needs for its operations. So, how things are going with the vendors and suppliers their company is working with can have significant impacts for a business owner.
Few words can match “Google” in terms of prominence in the public venue. When it comes to internet searches, the term is truly the parlance of our times. So much so, that it runs the risk of succumbing to “genericide.”
Pandora, a music-streaming pioneer, was on the verge of collapse in 2008. While they survived royalties skyrocketing into the stratosphere, they persevered. Today, they still find themselves in a struggle to keep pace with Spotify, Apple Music, YouTube and other rivals.
The most successful business leaders are people who know all aspects of the companies they run. That in-depth knowledge creates challenges when the time comes for their retirement and much-needed succession planning.
Essential is a commonly used word defined as, “absolutely necessary and extremely important.” However, the word is creating a bone of contention between two companies in the consumer electronics industry.
The continuing war between one of the world’s most powerful combines and a well-financed up-and-comer has yet another casualty.