Family businesses need succession plans, too
Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business — there will always be a family member here […]
Estimates vs. actuals: Was your 2018 budget reasonable?
As the year winds down, business owners can be thankful for the gift of perspective (among other things, we hope). Assuming you created a budget for the calendar year, you […]
How not to lose your best employees
In today’s tight labor market, finding and retaining top talent can be daunting. Ideally, you’ll discover and hire workers who fit your company culture, sign on to its mission, and […]
4 pillars of a solid sales process
Is your sales process getting off-balance? Sometimes it can be hard to tell. Fluctuations in the economy, changes in customer interest and dips in demand may cause slowdowns that are […]
3 ways to get more from your marketing dollars
A strong economy leads some company owners to cut back on marketing. Why spend the money if the business is so good? Others see it differently — a robust economy […]
Squelch internal theft with these basic controls
If your employees are stealing money from petty cash or strolling out the door with computers, you probably won’t need to hire a high-priced forensic auditor to catch them. Unfortunately, […]
Buy business assets before year end to reduce your 2018 tax liability
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase […]
Dig out your business plan to plan for the year ahead
Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not have looked at it much […]
Is it a good idea to make your child an employee?
Hiring your own children – whether employed part-time in the mailroom or full time managing your operations – can be an adventure. But is it always the best idea? It […]
IRS regs detail how businesses can “aggregate” for the pass-through income deduction
One of the most valuable tax breaks in the Tax Cuts and Jobs Act (TCJA) is the new deduction for up to 20% of qualified business income (QBI) from pass-through […]