Employers want to ensure that their customer goodwill and valuable confidential information don’t walk out the door when an employee resigns. One method of protecting — or attempting to protect — a business’s interests is use of non-compete agreements or other similar...
Business Builders
Management
As an Upsize reader, you will see yourself and your business represented somewhere on the spectrum below. Having spent some time advising businesses at all these levels, and a couple of decades watching firsthand how entrepreneur-driven businesses use advisers,...
Banking
As business owners and managers we want to maximize opportunities and accomplish our goals. One of the most powerful positioning tools is strong business credit. It can allow us move quickly to take advantage of fleeting opportunities and help us maneuver through the...
Planning
WITH ECONOMISTS and forecasters predicting a near-term recession in the U.S., business owners may be asking if now is the right time to plan their exit strategy? Similar to other questions we hear from clients, including “How early is too early to plan for retirement”...
Planning
IF YOU’RE RUNNING a business, you know that advice can be plentiful and well-meaning. Unfortunately, it can often be off track — or downright faulty. As a result, finding the right professionals to help guide you and provide counsel as you build your small company can...
Management
THOMAS EDISON ONCE SAID, “Good fortune is what happens when opportunity meets planning.” Consider how much planning it takes to commute from your office to your home on a clear Sunday afternoon. Not much, if any. You know the route from memory and Sunday afternoon...
Law
You run a small business. You open your storefront one day to find a nondescript man waiting. He asks your name and hands you an envelope. The envelope is filled with official looking papers — one of which announces in capitalized, bold letters: YOU HAVE BEEN SUED....
Legal
JUST LIKE IN A MARRIAGE, no one at the outset of a closely held company expects things to go south and end in divorce. But just like in a marriage, the best time to address what will happen if things do not go as hoped is at the outset, when everyone is excited and...
What is EOS and why your business should consider it
EOS (a registered trademark of EOS Worldwide) stands for Entrepreneurial Operating System. It comes from the book Traction: Get a Grip on Your Business by Gino Wickman. EOS lays out a complete set of simple concepts and tools designed to help business owners and their teams clarify and execute their vision, become a healthier and more functional team, and successfully grow their business.
Key Employee
MANY BUSINESS OWNERS envision one day transitioning ownership of their company to an “outside” buyer. It could be a “financial” buyer (think, private equity group) or a “strategic” buyer (think, acquirer in the same industry or business). Regardless of the...