Looming Changes to FLSA Requirements and Noncompete Agreements – The Big Picture for Your Business Two imminent changes in employment regulations could significantly impact your business operations and compliance status. Legal objections have been filed that will impact implementation dates and possibly final form. While the final fate and ultimate form of these proposed changes …
Tag Archives: small business management
30
May
May
Measure Your Business in a Manner That Matters Measure twice, cut once is an adage that’s been cited for centuries. Its literal meaning is to verify the accuracy of measurements before making cuts so that time, material, and effort are not wasted. Its figurative meaning is to plan and prepare appropriately before acting. Both meanings …
17
May
May
v360™ Enterprise Value Roadmap – A Powerful Tool to Drive Value Optimization Increasing shareholder value is the holy grail for business executives in both public and privately owned companies. Building value is critical whether you’re the sole owner, part of an ownership group, or an executive charged with optimizing operations. Maximizing shareholder value supports many …
19
Apr
Apr
Evolving Employee Experience Expectations in 2024 Creating an exceptional employee experience is more than a one-and-done endeavor. As people, markets, and the world around us change, so do employee expectations. Evaluating these shifts and what you need to do to not only create but sustain an optimal environment for your workforce is beneficial to your …
21
Mar
Mar
Generative AI is Here. Are Your Policies Ready? If you’re a business owner or executive who doesn’t yet fully understand generative AI, you may be adopting a wait-and-see approach before establishing a policy regarding its use in your workplace. Generative AI, however, is not waiting around and has likely already made its way into your …
07
Nov
Nov
How Quality of Earnings Reports Impact Valuation Securing a Quality of Earnings (QoE) report is often a routine step in the due diligence process for acquisitions. EBITDA is not a complete indication of financial performance for a business. A quality of earnings report assesses other factors that impact the ongoing viability of company earnings. Buyers use them to …
01
Nov
Nov
As Year-End Approaches, Finish Strong and Focus Forward As another year ends, most CEOs and business leaders are preparing to take stock of what needs to be done to strengthen their business and advance their business goals in the coming year. While “taking stock” can take many forms, the overriding premise is to look deeply …
21
Sep
Sep
After years spent pouring their life’s work into building a business, an owner invariably forms a perception of its worth. Yet, this perception often differs from the view of the market. Owner’s opinions of their business value can be influenced by inherent biases, flawed valuation methodologies, and factors lurking beyond their control. As a business …
16
Aug
Aug
The Importance and Application of Anti-Money Laundering Practices Anti-Money Laundering (AML) practices and policies are aimed at keeping money that stems from criminal activity out of the mainstream financial ecosystem. Given this definition, owners and operators of legitimate businesses may rightly wonder why in the world they would need to think about AML at all. …
03
Aug
Aug
Five Principles for SMB & Startup Business in Aerospace & Defense A recent PwC report notes that the aerospace & defense (A&D) industry generated $741B in 2022 and stands poised for further growth in the years ahead. It’s no wonder then that a wide range of SMBs and startups are enticed by opportunities to do …
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