With recent news of security breaches attacking large companies like Sony Entertainment and Epsilon, it’s easy to think that small businesses don’t need to take steps to prevent cyberattacks. But, according to Armorize, a website security firm, in the last month a group of hackers has infected nearly 30,000 websites, many of which are run [...]
Having been in the merger and acquisition industry for a lot of years, I have frequently been asked for advice on when to sell a privately owned business. With rare exceptions, the core issue is really a lifestyle decision and not necessarily a financial one. For most business owners operating their business is their life, [...]
In late June the House Committee on Small Business held a hearing to explore the state of small business financing. The Policy Dialogue on Entrepreneurship blog reported on the hearing: Delivering a summary of his report on the State of Small Business Access to Capital, Treasury Secretary Timothy Geithner noted that lots of small businesses [...]
Copycat businesses. They can turn your unique, successful business into one of many, diluting your market share and your profit margin, forcing you to compete for business that at one point came easily. With the power of the internet and the easy spread of knowledge, more and more entrepreneurs are having their ideas stolen by [...]
As much as most people love children, most business owners would tend to agree that having kids in a store or restaurant may also be a liability. A restaurant in Pennsylvania has made headlines this week with its ban on children under the age of 6 – should your business do the same? There are [...]