4 traps to avoid when running a family business

While there are great benefits to having your father, mother, siblings or extended relatives as part of your business, there are different reasons why family businesses struggle. Managing family relationships is difficult, so imagine how hard it is to manage these dynamics in the workplace. Here are 4 traps to avoid when running a family business: 1.…

Cash Flow: The Pulse of Your Business

Cash flow is the lifeblood of any small business. Some business experts even say that a healthy cash flow is more important than your business’s ability to deliver its goods and services! While that might seem counterintuitive, consider this: if you fail to satisfy a customer and lose that customer’s business, you can always work…