The subject of employee fraud is a delicate one. Vigilance requires an investment of time and money in return for an uncertain payoff.
Either You Have It, or You Don’t
Business owners planning for a successful future should always begin by identifying and understanding their primary objectives for themselves, their families, their ownership and their businesses.
6 Strategies for Recruiting Top Talent
Today’s best business leaders instinctively know that recruiting must be part of the strategic plan. Here are six steps to making it so for your business.
How business owners can master their financial statements
Reading and interpreting financial statements can be a daunting task for the spread-too-thin business owner. Here are a few steps to get you started.
How Business Owners Increase and Maintain Market Value
An NFL prospect’s value is determined by his potential to help his prospective team win. Similarly, your company’s value is determined by the potential and predictability of its cash flow. The more potential and more predictable the cash flow, the larger the multiple of cash flow a buyer will pay for your company. Sometimes, but […]
Seven Steps for the Proper Care & Feeding of Your Banker
In the competitive world of other people’s money, it’s a requirement that business owners treat their banker as a critical member of their growth team.
The End of File & Suspend for Married Couples
The file-and-suspend claiming strategy to try and optimize Social Security benefit disappears.
Is Cash Flow Still Important for Exit Planning?
Traditionally, we have suggested that cash flow is “king” for a closely held business. But with low interest rates, abundant private equity capital, and an improving economy, some may question whether our emphasis on cash flow is outdated. While this is a valid perspective, we still find that in the day-to-day world of planning for privately […]
Unintended Consequences: Effectively Transitioning the Family Business
Stephen Manicek succeeded his late father in the family’s business. But after 20 years, he couldn’t help but feel the transition’s unintended consequences.
Why Social Media Marketing is Important for Your Business
Social media marketing has lowered the barriers to communicating directly with your audience. These five tips will help you and your business uncover where to begin and where to extend your brand through social media.