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6 Steps on Planning Ownership's Transfer

6 Steps on Planning Ownership’s Transfer

1. If your business have more than one owner, consider the various situations that may raise ownership questions: retirement, illness, disability, death, divorce, etc… 2. Then, to control the transfer of ownership shares in your business, include buy-sell provisions in your business formation document. Partnership agreement, LLC operating agreement and in a separate agreement are

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6 Tips on Pricing, Bidding and Billing Projects

6 Tips on Pricing, Bidding and Billing Projects

1. Never discuss the topic of pricing with competitors, basically anyone in the same industry as you. 2. If you have a service business, set hourly rates carefully. Then, use a formula basing your rates on market conditions, or combination of these approaches. However, when you set your rates, remember to earn a salary. Also, pay  yourself

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