Definition: An IPO, or Initial Public Offering, is the first public sale of stock in a company. A corporation does not need to be publicly traded, and, in fact, most are not. They are used, primarily, to act as a liability buffer between the people who are doing work and the clients for whom they [...]
December 31 in most countries (I would say all, but I know that if I do so, someone will point out that some country no one has heard of before doesn’t fall into this group) is the fiscal year end for individuals. That means, as an individual or as any non-incorporated entity, you close your [...]
Elie Kochman is the author of Advice for Small Business Owners and the founder of Optimal Upgrade Consulting. Using his experience working in the corporate world along with his exposure to the world of small businesses, he writes these articles to assist others avoiding common pitfalls of growing a business. His experience in the corporate world, building his own business, and working directly with other growing businesses has given him some perspective on the trials and pains of running a business.
