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The community, which provides both valuation tools and resources to help owners improve their business, is a low-cost, do-it-yourself way of preparing any small business for the open market.
Paratus co-founder Morgan Tate said many small business owners don’t know where to start when it comes to determining the value of their business.
“And there’s a whole segment of business owners who are a little too small for a full-service brokerage,” he said, noting some brokerages charge a minimum of $15,000 plus legal and accounting fees to navigate a sale.
That means a business valued at no more than $100,000 is spending a lot to get any kind of return.
Future-of-work strategies that prioritize psychological safety will help workers avoid burnout.
Company leaders should listen to team needs, offer flexibility, and be open to hearing feedback.
This article is part of a series called Future of Work, which examines how business leaders are rethinking the workplace.
Psychological safety at work is the idea that employees won t be punished, humiliated, or suffer other negative consequences when they express ideas, ask questions, bring up concerns, or even make mistakes.
According to human-resources experts, it s more important than ever for companies and employees adjusting to a post-pandemic workplace to foster psychological safety.
The concept of psychological safety isn t new. It s an issue, along with employee well-being and mental health, that s been on the minds of employers for some time, Stephanie Pronk, senior vice president at Aon, a firm specializing in risk, retirement, and insurance products, told Insider. The pan
COWDY
This Mid-century house in Scarborough, Christchurch, designed in the 1970s by Modernist architect Keith Mackenzie for his own family, has been listed for sale for the first time in 30 years.
It’s not often that an original family home of a significant architect comes on the market, and when it does it creates interest among architecture aficionados as well as those actively looking for a new home. This Christchurch house in Taylors Mistake Road, Scarborough, is such a property. It was designed in the ‘70s by Modernist architect Keith Mackenzie of Hall & Mackenzie Architects – the firm that designed the Fletcher House in Ilam that sold late last year for $1.35 million.