Discover the influence of Guanxi in business. Learn about its historical roots, importance in networking, and its potential implications on global business practices.

Learn how business consolidation combines companies for operational efficiency, market expansion, and cost savings. Explore types, strategies, and real-world examples.

The environment of business encapsulates the myriad external factors and conditions that influence the operations, strategies, and performance of organizations across industries. From economic trends ...

For many small- to mid-sized-business owners, the idea of conducting a business valuation might seem unnecessary until the moment they are preparing for a sale, merger or major investment. Who has ...

A business valuation is done for several reasons, including preparation for a sale or when passing ownership to the next generation. The latter is especially relevant now as the Unified Tax Credit, ...

A company by definition is a group of people. People, therefore, and their brains are vital to a company’s success. The smaller the company, the larger the dependency on each brain to operate ...

Today’s unpredictable business environment poses risks that could disrupt operations. Property insurance does not cover earnings losses caused by downtimes and expenses used to resolve them. For ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Jason Ferrell Much has ...

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of the income earned from the business. This deduction is available whether ...

In the world of small businesses, annuities often fly under the radar. That’s right, those are the things you might associate with your grandparents’ retirement plans. As a business owner, however, ...