Conflicts are common among family members during inheritances. Things get more complicated when a successful business is part of any inheritance. Each and every member will expect to be put in charge of the thriving business without following protocol, which can cause...
Did you know that over 70 percent of businesses run by families do not make it through the transition from the founder to the second generation? This is the more reason to have a solid succession plan if a family-owned business is to pass from one generation to...
Life is full of ups and downs, but still, you owe it to yourself to live fully. Often, going with the flow doesn’t cut it. It becomes frustrating and boring at which point, it is time to evaluate your life. That is where intentional living comes in. From the...
Not many view life insurance as an investment. To many, it’s just a safety net for the future. It’s mostly purchased for estate planning or for one’s heirs if they pass away. Seldom is it considered an investment. In this piece, we are going to take...
As a small business owner, it is of utmost importance to know how your business is faring. Entrepreneurs want to know what is working for their company and what is not. Additionally, the business landscape is , and it would be wise for entrepreneurs to continually...
Family-owned businesses are most likely to fall when transiting from the founder to the second generation. Some of the contributing factors include taxes and family discord. However, the main reason why family-owned businesses fail when transiting is lack of a good...
Now, we’ve all heard success stories of individuals who rose from nothing to conquer their respective fields. People who overcame every hurdle along their way when everything and everyone was against them. On the other hand, we have individuals who owe most of...
Stress at the workplace is ever looming and there is no getting rid of it. However, this doesn’t mean that it cannot be controlled. In fact, stress control is of the utmost importance if businesses are to save money. In the UK, an estimation by the Mental Health...
Measuring Success: How Experienced Entrepreneurs Do It Success is every entrepreneur’s addiction. Therefore; succeeding in entrepreneurship is an excellent accomplishment for most entrepreneurs. To get to the top, business people have to overcome numerous...
In the current world where people are always busy and hardly find time for others, it’s hard to find a good friend. An even harder task is maintaining the friends that one already has. So how can one be able to get past the roadblocks that hinder friendship? How...
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