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Business Partnerships: Hope for the Best and Prepare for the Worst
In this changing economy, small businesses will grow and thrive through partnerships, affiliations and collaborations. Partnerships take many forms. Whether joining together to form a new business, merging or consolidating existing businesses, bringing new partners into an existing business entity or developing working collaborations between separate business entities, choosing the right partner(s) and developing a comprehensive written agreement, are critical to assure success and minimizes the damage, should any of a number of worst-case scenarios occur.
Why an Outstanding Resume is Not Enough to Get an Interview: Reason 2
Many people think that a powerful, well written résumé is sufficient to give them the edge needed to secure a job interview. While an outstanding résumé is absolutely necessary, it may not always be sufficient. This is the second in a series of short articles which outlines the factors, other than your resume, which could determine whether you will be amongst the chosen few from the multitude.
FROM THE COCKPIT: Lessons In Leading Through Crisis
Practical lessons for handling the fear and resultant anxiety which comes with unexpected and unwanted change.
Winning the Talent War In Turbulent Times
Jettisoning employees in financial tough times can very well result in losing industrious producers, top talent, longtime workers, and top managers.

Other consolidations Related Articles

Auto Dealers Failing to Maintain Proper Documents Regarding Loans
In the era of auto dealership consolidations, short sales and creditor issues, many of our auto dealer clients and the sellers and buyers we are dealing with, have failed to adequately protect loans they have made to their dealership. Or worse, they have failed to protect investors or family members who have invested in their business, never contemplating that things might not work out. The following is what is essential to protect yours and your friends and family's investments in your company, or your investment in someone eleses company.

In 2010, 157 banks were closed, a pace of about 3.0 banks per week
The Federal Deposit Insurance Corporation oversaw the closing of six banks on Friday, April 15. This brings the total for 2011 up to 34 banks, a pace of about 2.3 banks per week. The problem bank list published by the FDIC every quarter rested at just under 900 banks (out of 6,529 banks in the banking system) on December 31, 2010. The other number that is important is the number of banks that were acquired or merged into other banks. Last year there were 153 banks dropping out of the industry due to such consolidations. Thus, the number of banks in the commercial banking system declined by 310 units last year or at a rate of approximately 6.0 banks leaving the system per week.
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