dorothdfs

We often talk about in business starting or creating a company, but there's another side to that coin. It's not something entrepreneurs often think about, but many times there comes the point where you want to close your business. Perhaps you had a revenue amount that you wanted to achieve before you cashed out and started on another project of interest, or maybe you've been doing it for years, and it's time to get the business off your hands since no one in your family is interested in taking it over. Whatever the reason for closing your business, there are a few things you have to make sure you keep in mind as you proceed in unwinding the company. Co-Owners: If you have any partnership and you're looking to move out of the day to day, it goes without saying that you have to speak to any co-owners. Use the articles of organization and make sure you create a written agreement that will dissolve the company or sell it to your co-owners or someone else who will assu...

A couple of weeks ago, I visited a small, independently owned pharmacy. I know that's quickly becoming a rarity, but I'm glad I did. I've been to the chain store pharmacies, and I have to tell you that I often leave feeling like less of a person than a dollar sign. In other words, my experience with the large chain pharmacies and other types of retail stores are that they're usually impersonal and there's room for improvement for the level of customer service. What's Better Small Shops? When I go to the large pharmacies that are associated with a nation-wide store, there's usually one--maybe two--people working in the pharmacy. So, inevitably, I'm waiting on a line to drop off my prescription. Once I get to the counter, no matter what the medicine, I'm told that I have to return in at least an hour, at which point something that should take a few minutes (and used to), becomes a multi-hour exercise. I don't know about you, but sometimes when I...