For some business owners, succession planning is a complex and delicate matter involving family members and a long, gradual transition out of the company. Others simply sell the business and move on. There are many variations in between, of course, but if you’re leaning toward a business sale, here are seven ways to prepare: 1. […]

Funny thing about customers: They can keep you in business — but they can also put you out of it. The latter circumstance often arises when a company overly relies on a few customers that abuse their credit to the point where the company’s cash flow is dramatically impacted. To guard against this, you need […]

Summary On June 21, 2018, the Supreme Court of the United States issued its widely anticipated decision in South Dakota v. Wayfair, et al. No. 17-494.  In a 5-4 decision, the Court held that the physical presence rule for state tax jurisdiction is incorrect and not a requirement under the Commerce Clause of the U.S. […]

The GDPR is here. For months, May 25th has been top of mind for companies around the world and now it has finally arrived.  Prior to its effective date, the European Union’s (EU) unprecedented General Data Protection Regulation (GDPR) has left many organizations wondering how exactly it will be enforced and with what degree of […]

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 feel like such a part of the local community that moving isn’t […]

A growing number of businesses have been victimized by W-2 phishing scams. These frauds are a variation on traditional phishing scams, where criminals trick email users into providing confidential information and then use that information to steal money or the victim’s identity. How it works In a W-2 phishing scam, cybercriminals, claiming to be from […]

“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine. Indeed it is a type of technology that may help drive business worldwide at some point soon — but digitally, not physically. No matter what your industry, now’s a good time to […]

The attitudes and behaviors of your people managers play a critical role in your company’s success. When your managers are putting forth their best effort, the more likely it is that you’ll, in turn, get the best performances out of the rest of your employees. Here are three ways to supercharge your supervisors: 1. Transform […]

Some potential ways to make up ground at mid-life. Need to save more for the future? If you face the challenge of rebuilding or creating your retirement fund after 40, here are some steps that may help you. Strive to max out your Individual Retirement Account or workplace retirement plan contributions. In 2018, you can […]