While not common, boards can assist in succession planning for family businesses. This article discusses what type of boards have success, and what you should look for in independent directors. To view this article, click HERE to access the original content.
Business owners do not have to spend a large amount of money to improve a customer’s experience. This article discusses several key pathways for creating a connected relationship with consumers without increasing costs. To view this article, click HERE to access the original content.
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes. This is meant to keep individuals from using gifts to avoid the estate tax that is imposed upon inherited assets. This can be a significant issue for family-operated businesses when the business owner dies; […]
There is an excellent chance that even if you’re an expert in your particular industry, you’re probably not an expert in small business finances. This may not seem like that big of an issue on the surface. However, in order to make the best decisions possible for your company, you need to have complete and […]
There are both opportunities and pitfalls for IRA owners, and while you definitely don’t want to get caught up in a pitfall, you may want to take advantage of the opportunities. IRAs come in two varieties: the traditional and the Roth. The traditional generally provides a tax deduction for a contribution and tax-deferred accumulation, with […]
If you have a large capital gain from the sale of a stock, asset, or business and would like to defer that gain with the possibility of excluding some of it from taxation, you may want to check out the new investment vehicle created by tax reform, called a qualified opportunity fund (QOF). Congress, as […]
To see growth for your business, you must focus on creating a brand that will make a lasting impression with customers. This article discusses a few tips that you can use to strengthen your brand and your business growth. To view this article, click HERE to access the original content.
The business world is relying on the Internet for exposure, and without a digital presence and a social media strategy, businesses are unlikely to reach their full potential. This article discusses the importance of an updated website, social media strategies, and an increased digital presence. To view this article, click HERE to access the original […]
Rapid growth can be a dangerous time for businesses if not managed properly. This article discusses the importance of keeping your people engaged as your business grows. To view this article, click HERE to access the original content.
The key to business success is the motivation and hard work of employees. This article discusses six unconventional initiatives companies should try to boost workplace motivation. To view this article, click HERE to access the original content.