Information on business financial.

incapacitated

Estate Planning if you are Incapacitated

Most estate plans focus on what happens after you die. But without arrangements for what will happen in the event you become mentally incapacitated, your plan is incomplete. If an accident, illness or other circumstances render you unable to…
guardian

Who Should be the Guardian of your Minor Children?

If you have minor children, arguably the most important estate planning decision you have to make is choosing a guardian for them should the unthinkable occur. It’s critical to put much thought into this decision to ensure your children would…
strategic planning

Business Owners: Make Time for Strategic Planning

As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of day-to-day tasks and crises that never seem to end. It’s essential to your company’s survival, however, to make time for strategic planning. Lost…
office space

Make the Right Choice About Your Office Space

For many companies, there comes a time when owners must decide whether to renew a lease, move on to a different one or buy new (or pre-existing) space. In some cases, it’s a relatively easy decision. Maybe you’re happy where you are and…
family business
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Choosing a Successor for your Family Business

There’s an old saying regarding family-owned businesses: “Shirtsleeves to shirtsleeves in three generations.” It means the first-generation owner started in shirtsleeves and built the company up from nothing but, by the third generation,…
AI

Get Smart: How AI Can Help Your Business

The artificial intelligence (AI) revolution isn’t coming — it’s here. While AI’s potential for your company might not seem immediately obvious, this technology is capable of helping businesses of all shapes and sizes. Get Smart: Here's…
cutting costs

Cutting Costs When You've Gone Over Budget

Did you exceed your company budget last year? Here are some tips for cutting costs when you've gone over budget: Tackle staffing issues It’s easy to put off tough staffing decisions, but those issues may represent an unnecessary drain…
engage employees

Practice Inclusion and Engage Employees

It’s that time of year, business owners — a time when you’re not only trying to wind down the calendar in profitable fashion, but also preparing year-end financials and contemplating next year’s budget. Amidst all this, you likely have…
Enterprise Risk Management (ERM)

Your Business & Enterprise Risk Management (ERM)

Hundreds of years ago, prosperous towns managed the various risks of foreign invaders, thieves and wild animals by fortifying their entire communities with walls and towers. Today’s business owners can take a similar approach with enterprise…
flexible spending accounts

Flexible Spending Accounts offer Flexibility

Business owners have to make tough choices when it comes to providing benefits to their employees. Many companies, especially newer or smaller ones, may understandably prioritize flexibility. No one wants to get locked into a benefits offering…