Building a business empire, enterprise, or even just a start-up has its price. The image of the confident and charismatic CEO often falls short of reality. Before, during and after public visibility often comes personal self-doubt, anxiety and mental anguish. Many business owners don’t readily divulge the distress they feel because they don’t perceive it […]
Read MoreMillennials are taking their places at office desks around the nation. This burgeoning generation is just starting out,which means changes for family businesses with millennial family members who stand to inherit the family business. Of course, this scenario raises certain concerns for baby-boomer business owners as they look to the next generation of workers. According […]
Read MoreBuying an existing business is a great way to hit the ground running in the world of entrepreneurship. Because an existing business already has a legal structure, employees, a customer base, and is making a profit, you get to skip over one of the most challenging aspects of owning a business – starting it. But […]
Read MoreWelcome back to the final article in our 3 part series on how you can save big money on this year’s taxes. Just a little time and effort focused on strategically reducing your tax burden can pay big dividends. In part 1, we discussed the first step in saving big on taxes: Strategize with your […]
Read MoreWelcome back to our series on how you can save big money on your taxes this year. Just a little time and effort focused on strategically reducing your taxes can pay big dividends. Last week, we discussed the first step in saving big on taxes: strategize with your tax advisor at key points during the […]
Read MoreQ: Do I Need Insurance to Minimize Cyber Risk? –Concerned Business Owner A: Dear Concerned: Companies of all sizes are experiencing major data breaches at a startling rate. Many businesses are fortifying their cybersecurity to reduce this vulnerability. Nevertheless, some companies need extra protection, especially those that hold particularly valuable or vulnerable assets. […]
Read MoreIt’s time for our annual series again — How to Save Big Money on Your Taxes This year. We run this series every year at this time because now is the time for you to take action and strategize big savings. It can be shocking to realize that your biggest personal and business expense, bar […]
Read MoreIf your business is covered by the Fair Labor Standards Act (FLSA), you may be required to give all of your salaried employees who perform executive, administrative or professional (EAP) duties a raise. As of December 1, 2016, the new minimum wage for full-time salaried workers is $913 per week. Previously, the minimum wage was […]
Read MoreMany businesses maintain an industry advantage through control and utilization of trade secrets. Be it a formula, a design, or a process, trade secrets can provide advantages over the competition. Not surprisingly, trade secret misappropriation is a serious concern for many businesses. Until recently, it’s been state law at the forefront of regulating and protecting […]
Read MoreOpening a small business brings excitement as well as uncertainty. As a small business owner you face many risks, but there are steps you can take to protect yourself against them. Obtaining insurance coverage is one big way you can protect your small business and help minimize many of the risks you face. The kinds […]
Read MoreQ: Do I need to be worried about where my company might be sued? –Fretful Business Owner A: Dear Fretful: As a business owner, you are smart to anticipate potential problems, and thinking about where your company might be sued (or, for that matter, where you might bring a lawsuit) is wise. Generally, […]
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