Creating Effective Partnerships and Alliances

Creating Effective Partnerships and Alliances

Strategic alliances can help small businesses to efficiently leverage resources for mutual gain. It’s important to define your goals for establishing a collaboration. Cast a wide net when brainstorming a list of potential partners and perform diligent research about your top pick. When meeting, clearly define mutual benefits that will help you achieve your goals […]

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Exit Strategies for Entrepreneurs

Exit Strategies for Entrepreneurs

Your exit strategy may be one of the most important, yet least thought-out, elements of your business plan. Among the important decisions — what you might want to do after you leave the business, what the ongoing roles of your children or other family members might be, and how the sale proceeds will be deployed. […]

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