Umbrella Insurance Policies Guard Against the Unexpected
Responsible financial planning should include asking some “what if” questions. For example, what would happen if you or someone in your family were involved in an accident for which you […]
Be Prepared When Applying for a Business Loan
Often small businesses must rely on debt to launch operations during crucial start-up years, expand into new markets, or weather economic downturns. But getting approval for business loans can be […]
Ready, Set, Sell Your Business: What Are Buyers Looking For?
After working for many years to grow your business, you may have reached the point where you’re thinking about selling. Maybe retirement is on the horizon and you’re counting on […]
2 Factors In Determining The Value Of Your Business
Well before you’re ready to sell your company, you’ll want to determine its fair market value as a starting point for negotiations. Of course, obtaining a reasonably precise value for […]
4 Pitfalls To Avoid In Managing Your Business
Building a successful business takes vision, passion, a viable product or service, and lots of hard work. Bankrupting a business is much easier. In fact, doing nothing to address systemic […]
Collaborative Management: How To Turn Employees Into Trusted Leaders
Small business owners are accustomed to running the whole show. But as your company grows, you’ll need to start sharing responsibility for major decisions. Whether you’ve recruited experienced managers or […]
Structuring For Success: Employee Bonus Plans
Many companies today are creating bonus and incentive compensation plans to reward hard-working employees for jobs well done. Such plans can be a win-win: Employees receive a tangible reward for […]
Turning A Business Trip Into A Family Vacation This Summer?
Are you thinking about turning a business trip into a family vacation this summer? This can be a great way to fund a portion of your vacation costs. But if […]
Gain Insight From Your Business Cash Flow Statement
Most businesses prepare three primary financial statements — the balance sheet, income (profit and loss) statement, and statement of cash flows. It’s the third of these statements that often provides […]
Your Company’s Dashboard: Which KPIs Should You Be Monitoring?
When you climb behind the wheel of your car, you’ll see a row of gauges on the dashboard with needles that give advance warnings of potential problems with oil pressure, […]