Small Business – Opening Up and Tort Risk

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The Society for Human Resource Management (SHRM) released a report on June 23, 2020. They surveyed 416 small business executives from organizations with 500 or fewer employees. Small business owners are hopeful for a swift economic recovery as they begin reopening after closures due to the COVID-19 pandemic. To reopen, nearly a third of those…

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Department of Homeland Security – I9 Employment Eligibility Verification update.

July 24, 2017 The Department of Homeland Security, has updated their I9 – Employment Eligibility Verification. Effective September 18th 2017, all employers are obligated to utilize the new form. Failing to comply, may result in burdensome fines and penalties, not to mention the hassle of dealing with the aftermath. For ease of reference download the…

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Can my company be profitable and sustain profitability? Perhaps the question rephrased best portrays the true objective; could my company be dynamically leveraged to ensure profitability in any socioeconomic climate?

May 29, 2013 What does this all mean, all I want to be is profitable… Well it is so complicated! Wrong! It is easy, with the correct tools and mechanisms in place, any one can navigate the waters; regardless of how hard the current is pulling or pushing…In today’s world, we have to continually make…

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Technology is it worth the cost and effort?

August 12, 2013 Bill Gates  stated…”The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” Ask yourself the following questions; How automated are your systems? How quickly and accurately…

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15 Income Tax changes to plan for in 2016

January 31, 2016 Tax Day is April 18. – The Washington, D.C., holiday of Emancipation Day is on Friday, April 15, 2016. Under federal law, the tax deadline gets extended when it falls on a holiday or weekend, and so the tax deadline for most taxpayers will be the following Monday, April 18. Tax penalties…

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Secure your Operational Backbone – be proactive

February 18, 2016 Big companies Small Companies, it makes no difference we are all susceptible to the same criminal elements when it comes to Ransonware. Ransomware is a new form of malware that comes in a variety of flavors that keep changing. Currently, there are two types out there – (1) where the malware locks…

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The Importance of Business Interruption Insurance

December 2, 2016 Here is a dilemma we all face; Do we need Business Interruption insurance (BI)? I have a friend that sells it While these are two very separate topics of discussions, they are interrelated. One without the other does no one any good. As your business grows, so does your exposure. One should…

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KNOW YOUR NUMBERS

May 24, 2017 We all want to live a meaningful and enjoyable life, correct? Your cholesterol, blood pressure, blood sugar and body mass index numbers are key indicators of your risk for serious illness. If you know these important numbers, you can make changes to improve your health and reduce your risk of developing heart…

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8 Key Elements To Success

July 20, 2017 Recently, I read an article titled “A Navy SEAL explains 8 secrets to grit and resilience” which depicts the determination and skill that every true Entrepreneur needs to have to succeed. All entrepreneur regardless of entity size or industry, experience challenging times. Some are self-inflicted, some are symmetric of the life cycle,…

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Risk Mitigation – Phishing

August 1, 2017 Risk is an area that CFO’s often discuss. Risk mitigation is curtailed with good solid procedures and processes in place. This does not eradicate risk, but certainly can make it palatable. One of the biggest challenges is knowing your risk – ignorance is bliss, till we suffer a loss! With phishing scams…

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