Are you familiar with fraudulent transfer laws?
A primary goal of your estate plan is to transfer wealth to your family according to your wishes and at the lowest possible tax cost. However, >>
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Make sure your company is prepared for any disaster
What could stop your company from operating for a day, a month or a year? A flood or fire? Perhaps a key supplier shuts down temporarily >>
Seasonal business? Optimize your operating cycle
Every business has some degree of ups and downs during the year. But cash flow fluctuations are much more intense for seasonal businesses. So, if your >>
Business owners: Put your successor in a position to succeed
When it comes time to transition your role as business owner to someone else, you’ll face many changes. One of them is becoming a mentor. As >>
Could stronger governance benefit your business?
Every company has at least one owner. And, in many cases, there exists leadership down through the organizational chart. But not every business has strong governance. >>
Use pro formas to plot your route to success
Running a business is like going on a road trip — and a detailed business plan that includes a set of pro forma financials can serve >>
Worried about challenges to your estate plan? Make it no contest
Estate planning is all about protecting your family and ensuring that your wealth is distributed according to your wishes. So the idea that someone might challenge >>
3 hot spots to look for your successor
Picking someone to lead your company after you step down is probably among the hardest aspects of retiring (or otherwise moving on). Sure, there are some >>
Benchmarking receivables
Accounts receivable represents a major asset for many companies. But how do your company’s receivables compare to others? Here’s the skinny on receivables ratios, including how >>
Protect your nonprofit by cross-training staff
What would happen if one of your not-for-profit’s key people suddenly quit or had to go on long-term disability? Would you be able to conduct business >>
