Though most entrepreneurs understand the value of effective business planning, fewer are aware of the critical role estate planning plays in their company’s success. Yet considering what would happen to your business upon your death or in the event of your incapacity is one of the single-most important things you can do for your business….

The topic of estate planning is one that most people don’t want to talk- or think- about. Most of us don’t want to consider what is going to happen after we die, but it is critical to do so. Putting a plan in place will ensure that your family and financial goals are taken care…

The Limited Liability Company (LLC) is a fast-growing form of business in the U.S. In 2012, over 2 million LLC’s filed U.S. tax returns, and that’s just the LLC’s with more than one member. If you are considering forming an LLC, here’s what you need to know about this business form. What Is an LLC?…

Choosing a successor to take over your business doesn’t mean selecting someone who’s exactly like you or even someone you like. It’s about choosing someone who’s not only well-qualified for the role, but someone who also has the vision and skills to lead your company into the future. With so much riding on your decision,…

Mention developing your corporate culture these days, and many people think of having a relaxed dress code, allowing your team to bring pets to work, or adding a ping pong table to the break room. But your company culture is much more than that. A strong corporate culture is integral to your business. It affects…

Social media offers you an amazing opportunity to authentically connect with clients, build brand awareness, and dramatically boost sales. When done right, social media can propel even a tiny business into a global phenomenon overnight. When done wrong, however, social media can do incredible damage to your brand in just as short of a time…

When running a business, it’s easy to give estate planning less priority than other matters. After all, if you’re facing challenges meeting next month’s payroll or your growth path over the immediate term, concerns over your potential incapacity or death can seem far less pressing. But the reality is considering what would happen to your…

Nike, Walmart, Porsche—what do these companies have in common? Outside of being globally recognized brands and generating billions in revenue, they are also family-owned businesses. Though family businesses definitely aren’t for everyone, and come with some unique challenges, for those who are able to make them work, they offer an array of benefits that simply…

In today’s digital-everything world, nearly every business—no matter how small—has some degree of online presence. Some, like e-commerce shops, may operate completely online, while even brick and mortar businesses likely have a website and Facebook account. However, unless you are an online-marketing guru, building your business’ online presence can be challenging. Here, we’ll offer valuable…

If you own a small company where you personally know and interact with everyone who works for you, it can be hard to fathom that one of those people would ever steal from you. But the fact is, embezzlement happens all the time, even at small, family-owned businesses. According to a 2017 study on white-collar…