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How many people can one person manage? Harvard Business Review estimates the ideal range for an experienced manager is between five and nine direct reports. Inc. pegs the sweet spot at seven. The ratio of managers to direct reports matters because it explains why some companies...

Last month, Darden, the company behind the Olive Garden restaurant chain, made headlines with its acquisition of Ruth's Chris, the renowned American steakhouse, for a staggering $715 million. This purchase implied a valuation of approximately one times Ruth's Chris' annual revenue from the previous year or around ten times...

When faced with the need for additional funds to fuel business growth, entrepreneurs often find themselves grappling with tough choices. Selling equity shares provides immediate cash but dilutes ownership, while bank loans come with high costs, growth restrictions, and personal guarantees. However, there exists a third alternative: customer financing. By...