Tax time is here as well as new cash tariff outlays if you import goods for your company. There are ways that can be used to improve your cash flow that help with these cash outflows. Many of these tips you may already use, and you might discover a few Read more…
If you’ve been keeping up with recent economic news, consumer spending has plateaued, construction companies are laying off workers, and manufacturing plants are running below breakeven volumes. John Deere & Co. just announced they are cutting back production and laying off salaried workers. The Wall Street Journal carries daily stories Read more…
Inflation affects all of us in our lives and businesses. However, how we measure the impact and what we do about it is critical to maintaining a healthy profit for a sustainable company. In this article, we address signs that profit is leaking in your company, what to do if Read more…
As we embark on a new year, it’s customary to establish New Year’s resolutions. Additionally, we should do a thorough introspection of ourselves as business leaders and assess the proficiency of our team. The common analogy stresses the importance of “having the right people in the right seats on the Read more…
Uncertainty may be a cause for concern, but when was the last time you were truly in a certain world? Your outlook for 2024 depends on your industry, geography, and the extent to which you trust in the accuracy of mainstream media. We subscribe to multiple economic data sources to Read more…
If you’re eyeing the prospect of taking over the business your boss owns, recent changes by the Small Business Administration (SBA) might make your goal more achievable. Whether your boss owns the business outright or you’re already a partial partner, the SBA has revised its rules to simplify the financing Read more…
If you have decided to sell your business in two or three years, you likely need to change some of your strategies to suit this new vision. While your money-saving tactics have gotten you this far, a new approach is needed to ensure you maximize the sale of your business. Read more…
In 2020, Colorado voters approved Proposition 118, opening the doors to a state-run Paid Family and Medical Leave Insurance (FAMLI) program. The program ensures that all Colorado workers have access to paid leave in order to take care of themselves or their family during life circumstances that pull them away Read more…
Suddenly, we are at midyear and still unsure about an impending recession. While the large corporate world has laid off employees, the middle market remains strong. However, signs of slowdowns are now appearing in the SMB market, and businesses are changing their plans for the back half of 2023 and Read more…
With the recent failure of two banks in the US and one in Switzerland, the trust in the global banking system is in flux. Silicon Valley Bank customers could have lost $150 billion in unprotected deposits had the Treasury Department/FDIC not overridden the deposit insurance limits. There are several moves Read more…