Are your employees ignoring their 401(k)s?

For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees often grow so accustomed to having a 401(k) that they don’t pay much attention to it. It’s in your best … Continued

Financial statements tell your business’s story, inside and out

Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and show you their bookkeeping software. Although tracking financial transactions is critical, spreadsheets aren’t financial statements. In short, financial statements are … Continued

Don’t let scope creep ruin your next IT project

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may be, there’s always another upgrade around the corner. In other words, it’s just a matter of time before your company’s … Continued

Refine your strategic plan with SWOT

With the year underway, does your business have a list of goals or a strategic plan you hope to achieve? Often, it’s difficult to stay focused on the most important initiatives you should be working towards in your business. Utilizing … Continued

Is your business stuck in the mud with its marketing plan?

Does your company have a well-defined marketing plan? Knowing who your target customer is, what differentiates your business from competitors, and what your process is in providing products or services to your customers is essential when formulating a marketing plan. … Continued

Do your long-term customers know everything about you?

A technician at a mobility equipment supplier was servicing the motorized wheelchair of a long-time customer and noticed it was a brand-new model. “Where did you buy the chair?” he asked the customer. “At the health care supply store on … Continued

Make sure the price is right with market research

Is pricing an art or a science? Have you reviewed your pricing for your products or services recently? The promise of the new year lies ahead. One way to help ensure it’s a profitable one is to re-evaluate your company’s … Continued

Family businesses need succession plans, too

You have worked hard in your business. You’ve built it from the ground up. Your whole family has been the backbone of the company to keep moving it forward. Now as you get closer to retirement, do you have a … Continued