Every business owner knows that running a business is more than a full-time job. Depending on the size and structure of the business, an owner may serve as everything from salesperson to production manager, to […]
I often hear two misconceptions regarding trusts. First, many people believe that because their net worth is under $2,000,000 (the applicable exclusion amount in 2008), their estate plan does not require a trust. Second, many […]
I am in the construction business. Like many other businesses in my industry, my company was hit hard by the recent economic downturn. In the past, we never had to do any active sales or […]
It has become common for shareholders of closely held businesses to infuse and extract cash from their companies on a regular basis. These advances and withdrawals are often categorized as shareholder loans, but the documents […]
Some business owners might say their schedule is demanding enough at the moment, and the thought of adding one more activity to their busy calendar is unbearable. So why should they try to cram time […]
A beginner’s guide to going green at work, financially and otherwise. During these past two years of global economic crisis, executives at companies around the world have been looking for ways to increase their bottom […]
Information Technology (IT) is more complex than most buildings. As such, it requires a similar architectural process in order to achieve a positive and predicted outcome. Too many IT projects don’t conclude positively or as […]
You’ve heard a Search Engine Optimization (SEO) consultant can do wonderful things for your company’s Web site, so you’ve gone ahead and hired one. Congratulations! But now what? What can you expect from your SEO […]
Performing an audit will help your company avoid potential legal liability and the related costs, time and distraction to management and the organization. […]
As a small business owner, successfully managing all aspects of your company is your top priority. However, if you don’t have an online marketing background, how do you manage a relatively new marketing medium such […]
Think social networking sites are only for those looking to reconnect with old high school friends, date or broadcast what’s happening in their lives? Think again. Recent research indicates more and more executives and managers […]
Health care is booming, and it is among the fastest-growing fields in the United States. According to government labor statistics, employment in the health care industry is projected to experience double-digit gains throughout the next decade. […]
When investing for retirement, dollar cost averaging may prove to be one of your best facilitators. This investment strategy is designed to reduce the volatility in which securities are purchased in fixed dollar amounts at […]
It’s been called the largest wealth transfer in human history, and with good reason—some 76 million baby boomers will retire and dispose of an estimated $40.6 trillion in wealth and property over the coming decades. […]
One of the best hotel values in the entire Baja Peninsula can be found high on the hill above downtown Cabo San Lucas. Guests staying at the quaint Blarney Castle Inn enjoy accommodations with million-dollar views for rates as low as $99 per night. […]
Over 90 percent of the businesses in the United States are closely held (nonpublic). More than two-thirds of those are family owned and controlled. Unfortunately, approximately 70 percent of them will not survive past the […]
…your employees shouldn’t be. In order to increase your profits, you must know the “costs” of turnover. Unfortunately, I can almost guarantee that your QuickBooks, Peachtree or any other accounting system does not readily produce […]
“When your children are young, you may feel like you have plenty of time…it is never too early to begin saving.” […]
CONSTRUCTION COMPANIES: INVEST IN PROPER INSURANCE TO LIMIT YOUR BUSINESS’ LIABILITIES AND PROTECT PERSONAL ASSETS. Most small- and medium-size construction companies are inadequately insured. It’s easy to understand why, as most never consider their liability […]
As a tax consultant, I have personally met with hundreds of business owners throughout the United States, from all walks of life, engaged in a wide variety of industries. While the differences between individual business […]
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