The tax planning required for selling or buying a business can be a daunting task with abundant risk and reward. One of the key steps to completing a successful exchange for both parties is planning for income taxes. Proper planning will minimize risk and maximize financial compensation by avoiding pitfalls and capitalizing on opportunities that [...]
Often, businesses decline due to a lack of turnaround strategy. Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure. Often, the demise of a company is driven by internal factors — such as weak financial oversight, lack of management consensus or one-person rule.External factors [...]
Technology is ever-advancing in a world of skeptics and soothsayers. Leaders of industries around the globe are in an arms race for the next big thing to stay ahead. Artificial intelligence and block chains appear to threaten the livelihood of people around the world. We regularly see new items on the shelves to make our lives [...]
If you look at the data provided by the Centers for Disease Control and Prevention for 2016, you can easily see that nearly half of all married couples end up getting a divorce. According to this information, 6.9 people per 1000 total population got married, while 3.2 people per 1000 total population got divorced. If you are getting [...]
It’s every business owner’s nightmare. Should hackers gain access to your customers’ or employees’ sensitive data by causing a data breach, the very reputation of your company could be compromised. And lawsuits might soon follow.No business owner wants to think about such a crisis, yet it’s imperative that you do. Suffering a data breach without an [...]
Absenteeism has typically been a thorn in the side of many companies. But there’s a flip side to employees failing to show up to work: “presenteeism.” This is when employees come in to work unwell or put in excessive overtime.Now you probably appreciate and respect workers who are team players and go the extra mile. But [...]
Having a positive attitude and thinking at work will reflect on what you do and make you a more productive employee. This mindset can determine how well you get your projects done and how others perceive you. If you display a positive attitude, you may increase your chances for a promotion or a raise if you [...]
