Business

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Business
Rick Mak

Selling Your Business? Asset Sale vs. Stock Sale

If you’re considering selling your business, you may be wondering whether to pursue an asset sale or a stock sale. Both have their pros and cons, so it’s important to understand the difference between the two before making a decision.

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street signs with the sky in the background
Business
Rick Mak

10 Business Ideas to Start in a Recession

If you’re reading this, it’s safe to assume that you’re not a fan of recessions. Unfortunately, they’re an unavoidable part of the business cycle. That doesn’t mean they have to be all doom and gloom. In fact, some of the

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Closed door symbolizing the importance of an Advisory Board for Small Businesses
Business
Rick Mak

The 10 Most Common Reasons a Small Business Fails

When starting a business, failure is not the first thing we think about. Unfortunately, the 2021 statistics were devastating! Nearly 32% of startups fail before they reach the second year, 51.1% of businesses fail within five years, and the 10-year

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