Intellectual Property Protects your Company
July 21, 2022 In business, services or products are sold. When you enter the market with a new offer, there are probably already people serving the clients you are looking for and generally serving a similar need. If your business is successful in attracting customers, you will also attract competition – who sooner or later […]
Boards not Shareholders Rule the Company
There is ongoing debate for decades as to how to improve the relationship between shareholders, directors and the long-term objectives of a company. Many obstacles are on the way for numerous factors including the broad spectrum of investor composition that share ownership of a company These include individual, day-traders, institutional investors, pension and hedge funds, and others. Each has its own objectives and agenda, that may conflict with other shareholders and with the long-term viability of the company. Some are looking for a quick buck. Other seek long-term growth. Each objective requires different management approaches.
Sole Proprietorship- Pros and Cons
When you form a business, you must first decide the choice of legal entity. The one that works best for your organization depends on structure, liability, management, and tax considerations. Businesses are generally formed as sole proprietorship, partners, corporations, and limited liability companies (although there are other entities not so common). Operating under a sole […]
Critical Questions to Address Before Deciding on a Business Opportunity
Purchasing a business opportunity or an established operation means you are acquiring a going concern or one to be. A business opportunity may mean purchasing a franchise, a licensed idea or a business conceot. You can also purchase an ongoing operation. An ongoing business is a viable alternative to a business opportunity that may be […]
Chairperson and CEO Roles Should be Separate
An important consideration for not having one person holding the dual role of chair of the board (Chair) and chief executive officer (CEO) in a corporation is because such an arrangement collects too much power in a single director within the board. It generates numerous conflicts of interests, agency problems and enables the CEO to […]