In June 2015, my life was profoundly changed by a loss that stripped away my 30-year career, my income, and most devastatingly, my identity. The fallout plunged me into a dark season that took considerable time and effort to recover from. Looking back, I would have...
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Cash Management Strategies for Business Owners
Top five tips for navigating market volatility and inflation. Managing cash flow at a small business can be a challenge during the best of times, but recent market volatility and inflation have made this task even more critical. The below strategies should serve...
Embracing Stress: How It Can Benefit Business Leaders
Blog Provided by CEO Effectiveness Stress is often viewed negatively, associated with burnout, anxiety, and decreased productivity. However, for business leaders, stress can be a powerful motivator and a catalyst for growth. When managed effectively, stress can...
Protecting your Business from the Loss of a Key Contributor
Key person insurance can protect against losing a vital employee. Like many businesses, yours may also rely on someone for the majority of your earnings. This “someone” is often referred to as a key person because his or her knowledge, skillset, or work contribution...
Your Business Deserves an “Estate Plan”
Drafting a succession plan now can help your business stand the test of time. As a business owner, you’ve invested so much into making your business successful – hard work, time, money, and energy. It’s truly hard to imagine your business without you. But chances are...
Making a Nonfamily Successor the Head of the Family Business
Setting expectations and redefining roles can ease a leadership transition. For family-owned businesses, the dream is often for the next generation to assume the reins and continue the legacy. After all, your business likely represents a significant part of your...
Succession Planning at All Stages
For most business owners, especially entrepreneurs who have founded their business, the word succession is inextricably linked with retirement. There are many myths around succession planning – including the most prominent “I’m not ready to retire.” However, it turns...
A Winning Benefits Package Can Set Your Business Apart
Offering prospective employees the right benefits can help boost your firm’s appeal. To stay competitive, your business needs to maintain a vibrant culture and impressive benefits – and that includes offering a retirement savings plan. According to survey data, 85% of...
Empowering Financial Planning Strategies for Business Owners
Empowering Financial Planning Strategies for Business Owners Are you a business owner looking to preserve your financial future? Managing your business finances effectively is crucial, but it's equally important to plan for your personal financial goals. In this...
Thinking Outside the Boss
The Power of SBA Pre-Qualified Businesses for the Acquisition Hero The entrepreneurial landscape is witnessing a remarkable shift, with the emergence of the 'Acquisition Hero' - a new breed of business pioneers. These individuals, often emerging from corporate...
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