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ESOPs as a Flexible Ownership Transition Tool
ESOPs as a Flexible Ownership Transition ToolWhen it comes to succession planning, business owners have multiple options, each carrying different benefits and implications. How do you decide the best path for you and your business? Start by asking yourself what personal and business objectives you want to achieve throu
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Four Ways Small Businesses Can Cuts Costs
While running a business is often a juggling act of different roles and tasks, the one constant is the job of managing the capital used to fund it all. Regardless of what larger social or economic issues might be at play at any given time, effectively managing your business’s expenses and investments is the best way to
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How To Handle Your Small Business Finances The Right Way
When you are running a small business, the state of your finances should always be a critical concern. It's important that you think about how much money you are spending on your business model, particularly in comparison directly with your revenue stream. If you end up in a financially dire situation with your small b
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Increasing Resilience During A Recession: Three Factors Of Successful Companies
It’s been 12 years since the last recession, when the World Bank estimates that global GDP fell by 1.7%. But some companies were better prepared than others: their revenues didn’t fall as far and, as the recession ended, they recovered more quickly than their peers. Looking at what these organizations did differently,
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Inflation Proof Your Business: Strategies For Small Business Owners To Stay Ahead
In 2022, countries around the world saw near-record-breaking rates of inflation. The Consumer Price Index in the U.K. reached 11.1%, the highest since
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Old National Client Profile: Bell Ambulance expands, assists neighboring states with hurricane relief during busy year
Old National Client Profile: Bell Ambulance expands, assists neighboring states with hurricane relief during busy year
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Onboarding for Small Businesses: Strategies for Success with Limited Resources
Recent studies show that poor onboarding can affect employee retention. Read on for strategies to small businesses boost employee engagement as well as their bottom line
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One Simple Tip for Planning the Three Stages of Retirement
Planning for retirement takes hard work. Here's why taking a targeted approach cam help ensure a financially comfortable retirement
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Protecting Your Wallet: How To Adapt Your Spending in Times of Inflation
Unless you've been living under a rock, you are probably aware that inflation is hitting the pocketbooks of Americans (and the rest of the world)
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Solo 401(k)s and SEP IRAs: What you need to know
As an owner of a small business, you have multiple roles to play, and saving for retirement is probably the last thing on your mind. However, with proper planning, it can minimize taxes and help make your business profitable. Solo 401(k)s and SEP IRAs are both tax-deferred retirement savings accounts for small business