Setting Sail into the Global Marketplace

For many of today’s companies, going global seems like a quick and trouble-free growth strategy. Technological advances and expansive supply chains make doing so easier than ever. But business owners who make this move impetuously may soon find themselves on stormy seas, taking on waves of debt and unanticipated expenses. Chart your course carefully Globalization…

Your 2016-2017 Tax Planning Guide

Once again, it’s time to start thinking ahead to tax season. The final weeks of the year are a great time to make the most of your tax planning opportunities and to set the stage for minimizing your tax outlay in 2017. With many valuable tax provisions made permanent by last December’s PATH Act while…

Mentoring can make your succession plan better

The owners of many companies launch their enterprises with a business plan — a written document outlining the company’s strategic objectives and practical means of accomplishing them. Likewise, many owners leave their businesses via a succession plan, a written document outlining how the company’s ownership will transition. Often, however, these two documents never cross paths,…

5 Ways to Speed Up Collections

Turning receivables into cash is among the most important things a business must do. Of course, it’s easier said than done. Here are five ways to speed up collections: 1. Streamline the billing process. You can’t collect what you don’t bill. Invoice customers promptly — as soon as the product ships, if possible. Or, if…