Discipline in the workplace can feel uncomfortable for both employer and employee. If not carefully dealt with, disciplinary measures can create ongoing tension and ultimately jeopardize an employee's job and an employer's reputation. When organizational leaders...
As a business owner, the last thing you want are problems brewing in your ranks. Unfortunately, disputes happen even to the best of businesses. You are bound to run into some conflict of interest at some point if your business involves more than one person. The...
If you have launched a startup venture, you undoubtedly know how difficult it can be to recruit and retain top talent. Especially if you have trained them, you do not want your skilled workers to compete against your company either by starting a business or joining a...
Pennsylvania business owners have a lot of preparation work to do when it comes to setting up your succession plan. One of the first things you need to work out is who will inherit your business. In fact, you should have a business heir in mind when you are crafting...
While small business owners may not have the same reach as larger companies, they can still prepare to pass their company down the same way bigger businesses do. Regardless of the size of your business, there is a right way to handle succession planning. SCORE breaks...
If you wish to build a business a corporation, you will have some options. The most common involves choosing between a C corporation and an S corporation. According to Smart Asset, these types of corporations get their names from the IRS tax code that distinguishes...
Audits are a crucial component of many companies' operations. They play an important role in ensuring the integrity of the business, particularly from a financial standpoint. Businesses who fail to meet expectations risk damaging their reputation among other...
Equipment Leases Equipment that is essential to business operations often come with hefty price tags that run into the millions to billions of dollar range. Because of this, more than 80% of American companies lease equipment rather than purchase it outright,...
For people who feel strongly about environmental and social concerns, running a business in a way that reflects their values can be a challenge. The traditional corporate model of prioritizing shareholder value may not be consistent with their personal ethics, but...
There are, unfortunately, many ways to go wrong with a new business in Pennsylvania. Anything you can do or learn about how to make your business a success, especially within the first few years, can be incredibly beneficial. One of the best ways to help ensure your...
