Any entrepreneurial venture, however sound it may look on paper, always has potential for missteps, mishaps and mistakes. Every business owner, however learned in the ways of management, will from time to time find himself in sticky situations. Being successful at business is a tightrope act, one that can reap great windfalls or leave you in ruin. While dreaming of the former, a business owner should never lose sight of what might happen if the latter came to pass. (more…)