When equipping your business with the right software, the decision to build a custom solution or buy an off-the-shelf product can feel like a high-stakes choice. Owners must evaluate critical factors — budget, timelines, technical expertise, and long-term goals — to navigate this pivotal decision and ensure their software strategy aligns with business objectives.

For most entrepreneurs, few things are as exciting as turning a great product or service idea into a profitable business. But while it can be exciting to conceptualize starting a new company, there are necessary steps to achieve sustainable success.

Negotiation is an activity everyone engages in, sometimes daily. Two or more parties negotiate because there is a conflict of interest, and they believe they can get a better deal by negotiating than by simply accepting what the other side will offer. We provide five strategies to achieve a win-win outcome in any negotiation.

Good digital asset management practices both protect you and allow you to leverage what makes your brand and business unique.

One of the top traits to look for in colleagues is listening skills. A good listener is skilled at active listening. Why?

Due diligence is about confirming the risks and assessing the degree of risk for an acquiring company during the acquisition process. The due diligence phase is the last part of the negotiation process – usually, the toughest part - between the buyer and seller.

To defend your company’s valuation and successfully position it for sale, you must prepare eight key areas of your internal reporting.