Josh Baron and Rob Lachenauer, cofounders of BanyanGlobal Family Business Advisors, say that a family-run company has more flexibility than its publicly-traded counterpart to build a legacy and grow sustainably for the long term. But making critical decisions when there are family dynamics can be extremely challenging. They offer approaches to understand the real Read more about What Sets Family Businesses Apart[…]
On average, universities in the U.S. capture 16% of the value they help create in the startups spawned by their research. Two new papers co-authored by Wharton’s David Hsu look at what academic institutions need to consider when it comes to commercializing their IP. Source: Knowledge @ Wharton Should Universities Try to Capture Read more about Should Universities Try to Capture More Value from Their Research?[…]
Brigitte Hoyer Gosselink of Google.org talks with Wharton’s Katherine Klein about how the tech giant’s philanthropic arm leverages financial and human capital to help nonprofits around the world. Source: Knowledge @ Wharton The Power of People: Why Philanthropy Requires More Than Money
Getting caught up in turning a profit at the expense of managing cash flow is all too easy for small business owners. Consider that 82 percent of small businesses fail because of cash flow-related issues. Furthermore, 84 percent of small businesses are not profitable until the fourth year, so you can see that your Read more about Best Merchant Cash Advance[…]
Many entrepreneurs can attest to having a hard time getting started writing their business plan. Once underway, you have to consider your target market, identify financial projections and cash flow, and sort through seemingly endless mounds of data. Moreover, not everyone is born with the gift of writing. Keeping your business plan interesting and Read more about Best Business Plan Software[…]
Using dispatch software is the difference between hammering a nail with a dish sponge or using a sledgehammer. Throwing out cluttered dispatch paperwork for software you can update with drag-and-drop tools to create schedules, decrease downtime, and increase your revenue is the best decision to make if you’re in the field service business. But Read more about Best Dispatch Software[…]
Cash is slowly becoming obsolete. The cashless trend is forcing more and more businesses to start accepting credit credits. A recent survey found that just 16% of Americans say they always carry cash. 58% of respondents plan to stop using cash altogether in the near future. Whether you’re launching a startup or you’ve been Read more about How to Accept Credit Card Payments[…]
Venture Capital has faced unprecedented growth over the last decade. Even at the height of the coronavirus pandemic, VC firms have closed mega multi-billion dollar funds.1 Combined PE and VC dry powder reached historic highs in 2020, with a staggering $1.48tn in undeployed capital.2 In this report, borne out of research we conducted for Read more about The Future of Venture Capital[…]
Managed WordPress hosting has two distinct advantages compared to traditional web hosting. First, these hosting packages are optimized for WordPress sites. This helps ensure that your website is running at peak performance. For smaller sites with lower traffic volumes, it won’t make a huge difference. But performance is crucial for medium-sized businesses and high-traffic Read more about Best Managed WordPress Hosting[…]
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