It’s perhaps inherently obvious that running a small business involves risk. After all, most entrepreneurs chose to leave the comfort of a full-time job to start a new enterprise, so clearly they understand entrepreneurial risk intuitively. However, one of the challenges of small business ownership is the need to consider and proactively address risks that […]
Pricing goods and services is a point of severe tension for businesses. Too high and you fear turning buyers away. Too low and you make no profit. So you aim for “just right.” What is “just right?”
Business relationships are like all relationships: highly complex, emotionally fraught and deeply intertwined on many levels. If you are a co-owner owner or partner with other individual(s) in a small business, you might even feel that the complexities of your business relationships easily rivals those of marriage and family ones.