All nonprofit organizations need a board as state law dictates but it's
not a bad idea for companies to have a board of directors as well.
Boards can be more than helpful in helping to raise money and generate
revenue but if your board starts to get unmotivated, it will become ineffective. Find out how to keep your board motivated.
According to a study conducted by the Association of Certified Fraud
Examiners, 28.8% of businesses in the U.S. have been victimized by fraud. The average loss suffered
by these companies amounted to $154,000. Since there is an increasing trend in fraudulent practices among small businesses, take some precautionary steps to protect your business.
The best new restaurant in America, according to Esquire magazine, not
only is in Harlem but is African-American owned. The Cecil is NYC's first Afro-Asian-American brasserie and was opened by NY businessman Richard Parsons, former
chairman of Citigroup and former chairman and CEO of Time Warner,
and Alexander Smalls, famed restaurateur and chef. Recently, TNJ.com caught up with Smalls.