Summary: When you first start a company, you may naturally end up filling the role of CFO, but as time goes on, you’ll need to hire someone whose primary focus is financial planning and analysis. Click through to learn about how you can better pinpoint and identify that touchpoint. When the financials of your company […]
Summary: How do businesses separate ownership and assets if a partner divests, perishes, or becomes disabled? What happens if the company dissolves? You need to consider these possibilities carefully. Click through to learn some important truths about exit strategies. A buy-sell agreement stipulates how a partner’s share of a company will be reassigned if he […]
Summary: Workplaces are always buzzing with employee-related activities, some of which may be protected by the National Labor Relations Act. Click through for an overview of this complex legislation in order to ensure that you don’t violate its provisions as an employer.Employers are granted certain degrees of leverage when setting standards for their workplaces, which […]
Summary: When you have fewer employees than you need, it can impede business growth. To staff up, you may have to think outside the box. Click through for some imaginative suggestions for overcoming staffing shortages and improving your bottom line. The reasons for talent shortages can get complex. Oftentimes, they stem from one or more of […]
Summary: The fear of missing out can affect many aspects of our lives. Is something happening that we’re not a part of? The idea of this is enough to send some people into panic mode. Click through for some thoughts on how FOMO can affect money-related decisions and what you can do about it. The […]
Summary: Very few pieces of legislation that actively affect your company are as complex as the Family and Medical Leave Act. You must be diligent to avoid the many pitfalls of the FMLA. Click through for an overview of the errors companies are most likely to make in terms of the FMLA. Officially called the Family […]
Summary: Do you need extra liability protection? Those who have extra risks may need additional insurance. Fortunately, it’s easily available and not very expensive. Click through to find out whether an umbrella policy is right for you.Umbrella insurance is a type of personal liability insurance that applies to a broader range of situations than conventional […]
Summary: Particularly for certain smaller businesses, the S corporation can be a much more beneficial entity than the traditional C corporations, but there are strict rules. Click through for an introduction to the advantages and drawbacks.S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. […]
Summary: Dollar-cost averaging is a simple system that can yield big results. It lowers what you pay overall for investments, all while minimizing your risks. Click through to learn why buying securities at regular intervals, regardless of price, can lead to big wins. A popular investing technique, dollar-cost averaging increases returns in the long […]
Summary: If your employee benefit plan is not compliant with regulations, you could face audits and penalties. Click through to learn about voluntary correction programs that can help you avoid or minimize the consequences of noncompliance. Qualified retirement plans — including 401(k) plans — are required to comply with specific rules, which are enforced by the […]