A viable business earns at least three times its costs, and is not tied to a high-performing individual. If a business stops producing enough revenue to make it worthwhile to continue, an owner has no choice but to close. Much like forming a new corporate entity, closing, or "winding up" has specific requirements to ensure that the ownership will not be responsible for the business's obligations. Here are five steps Read More
Corporate Philanthropy is Not an Oxymoron
February 23, 2010 by
Corporations have had a prominent role in relief efforts after natural disasters abroad, sending money and aid to those affected by the Tsunami in Southeast Asia and the earthquake in Haiti. Similarly, corporate charitable foundations and partnerships have benefited communities at home, strengthening local relationships. Yet opponents of corporate philanthropy argue that corporations exist solely to benefit Read More
