You've been approached about buying a business. What do you do first? The demographics tell an exciting story: we're likely to see hundreds of thousands of small owners looking to retire over the next decade. Does the big question then become what will happen to all those companies? One possibility is that we might see a boom in opportunities for younger people to acquire those businesses. Maybe you even work in a company like this where the owner has already approached you about taking over. While that might seem like a dream come true--to finally own your own business--there's also…

As an empathetic leader, I couldn’t help but cringe when I read how Better.com let go of 900 employees…over Zoom. Not only is this a PR nightmare. It can drain... As an empathetic leader, I couldn’t help but cringe when I read how Better.com let go of 900 employees…over Zoom. Not only is this a PR nightmare. It can drain morale and create a toxic work environment. But, could it get any worse? Well, here’s what an employee, who wasn’t fired, had to say about the experience to Business Insider. “You’re the lucky ones,” CEO Vishal Garg told them. “Garg…

We often discuss management skills in the abstract, but what are they, really? In the broadest sense, management skills are nearly anything that enables you to manage others effectively. This could include communication skills, interpersonal skills, general leadership skills and more. While some abilities will vary based on your industry, there are several key skills that will help you become a successful manager in nearly any work environment. Let’s explore some of them. Motivation Managers who can motivate their employees are true assets to their companies. Interacting with team members in a skillful, professional way doesn’t just increase productivity and…

Standard Chartered Bank Nigeria, the local division of London-headquartered multinational banking and financial services firm Standard Chartered Plc, is discontinuing operation of around 50 per cent of branches in Nigeria, a step targeting prioritisation of digital banking, Bloomberg reported Monday, citing insiders. The closure teed off in December, which means just 13 branches of the bank will be up and running ultimately, compared to around 25 operating before the move, according to the news outlet. Lenders are deploying mobile money services on a vast scale in Nigeria to tap the market of the unbanked population comprising approximately 38 million adults,…