The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets, human resources, and financial statements. The business usually holds
Creating a marketing strategy for any business isn’t a “one and done” activity. As you’ve most likely experienced, the approach you use to connect with your audience needs to adapt
Today’s organizations have two broad choices regarding cybersecurity: wait for something bad to happen and react to it, or proactively address the threat. Taking the latter approach is the recommended
To get the most from any team, the leader must establish a productive rapport with each member. Of course, that’s easier said than done if you own a business with
When it comes to controlling costs, many business owners take an informal approach, tackling the issue only when it becomes an obvious problem. A better way to handle it is
Today’s businesses have numerous tax-advantaged accounts or arrangements they can sponsor to help employees pay eligible medical expenses. One of them is a health reimbursement arrangement (HRA). Under an HRA,
At first glance, the word “concentration” might seem to describe a positive quality for any business owner. You need to concentrate, right? For your business to be able to reach
Small to midsize businesses have valid reasons for incorporating, not the least of which is adding that cool “Inc.” at the end of their names. Other reasons include offering stock
Like many business owners, you’ve probably received a lot of advice on technology. One term you may frequently hear is “tech stack.” Information technology (IT) folks love to throw this
Financial statements can fascinate accountants, investors, and lenders. However, many business owners may find that they are not real page-turners. The truth is each of the three parts of your
