Actionable Advice

You Can’t Stop Cyber Crime… But You Can Buy Cyber Insurance

Cyber Security

In the wake of the Equifax data theft, Yahoo’s revelation about losing 1 billion customer records, and news about data theft sponsored by the governments of North Korea and Russia, it’s clear that there are some “very bad dudes” on the internet. So, what can you do to be perfectly protected??

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Business Lawsuit: Fight, Pay or Settle?

business lawsuit

Owning a business exposes you to all kinds of risks — and when things don’t go right, those risks can turn into a lawsuit.  Even the most ethical business can find themselves on the wrong side of a legal dispute — a company is a natural target for those who […]

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Why Real Estate Appraisals Suck… and Why You Should Care

Real Estate Appraisal

As a financial analyst and CFO, I’ve seen a lot of real estate transactions.  But not until recently did I appreciate how important the real estate appraisal process is … and how screwed up it is. It used to be that the appraisal process was a joke: a pure formality […]

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Succession Planning is Not Enough: The Dangers of Ignoring the Soft Stuff

Every business owner doing succession planning should know these two sobering statistics: First the good news; 97% of professionally drafted succession documents pass wealth to the next generation successfully. Second, however, about 70% of these same family businesses will fail within the next generation. Why the disconnect? They had a […]

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13 Essential Google Tools to Improve Business Productivity (and Profits!)

Google is famous for its free and low-cost business tools, including Apps, Maps and Search. But if those are the only Google tools in your business, you’re missing some of their best productivity-enhancing applications. We’ve put together a baker’s dozen of our our favorite Google tools and add-ons. Check out […]

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Will Your Company face Bankruptcy in 2017?

You may not know Edward Altman, but he knows an awful lot about your business — like whether your company will be bankrupt in the next two years. In the 1960’s Altman developed a corporate finance formula that will accurately predict business bankruptcy more than 90% of the time. The formula, called Altman’s Z Score, needs just 8 numbers — and all of them can be found on your income statement or balance sheet.

How healthy is your business? Take the Z Score Test and find out for sure.

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2017 Tax Deadlines and Calendar

If you’re done celebrating the turn of the calendar, then its time to thing about the 2017 tax deadlines. Below is a quick tax calendar of the dates for the 2017 deadlines to file 2016 taxes and forms. We’ve highlighted the dates that have changed from last year — several things are due sooner than they were in 2016

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Cash Handling Procedures: 6 Golden Rules to Reduce Losses

Cash Handling Procedures

Paying with paper money may be going out of style, but accepting it as payment is still a necessary evil… and a real danger for retail businesses. Mark Essig, CEO at FireKing Security Group, shares his 6 best practices for cash handling procedures that will help retail stores keep their cash safe from theft, loss and embezzlement.

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