Many people make New Year’s resolutions at this time of year, such as to lose weight, exercise more or take up a new hobby. However, this is also a good time to make some New Year’s business resolutions. Here are six business New Year’s resolutions...
After hitting its post-pandemic peak of over 9% in 2022, the annual inflation rate has settled in at about 3%. While this is certainly better than 9%, it’s still higher than the Federal Reserve’s long-term inflation target of 2.0%. An inflationary environment tends to hit...
It has been called “the crime of the 21st century” and even identified as a top national security threat. I’m talking, of course, about cybercrime. According to the FBI’s Internet Crime Complaint Center’s (IC3) 2024 Internet Crime Report, cybercrime losses exceeded $16 billion in 2024,...
Consumer preferences for digital payments have led to a decline in check writing among Americans. According to the Federal Reserve, there has been an 82% decrease over the past three decades in the number of checks written. So it’s a little ironic that business check...
It’s not unusual during times of economic uncertainty for businesses to outsource noncore functions that don’t directly contribute to the bottom line. According to the U.S. Small Business Administration (SBA), the most commonly outsourced small business functions include marketing, information technology, human resources, research and...
How much attention do you pay to big-picture finance solutions for critical and day-to-day financial challenges? If you’re like many mid-sized business owners and CEOs, the answer is probably “not nearly enough.”
With countless priorities demanding attention – along with the occasional fire that has to...
In the first article in this two-part series, Tariffs & Trade War Timeline: An Overview, we took an objective look at the brewing trade war between the U.S. and China, including the series of tariffs that have been imposed by each nation on imports from the...
In this first of a two-part series of articles on tariffs and the trade war, we look at a definition of tariffs, events in the trade war timeline and an overview of where things stand now.
Unless you’ve been living under a rock, you’re aware of...
The wildfires that ravaged our state last year were an unfortunate reminder that California businesses must always have a business continuity plan to be prepared for natural disasters. The 2018 wildfire season was the most destructive and deadly in our state’s history, causing more than...
Most owners of mid-sized businesses have an end-game in mind when it comes to exiting their business one day. For many, the eventual goal is a liquidity event — in other words, to sell their company either wholly or partially in order to generate funds...