News

Make the Most of Your Investment in Key Employees

Tue, August 23, 2016

Many business owners train and mentor employees only to have them leave in two or three years. Have you experienced the loss of a promising employee? Then you know the costs related to turnover are high and getting higher as jobs become more specialized. Y...

Take a Stand Against Distracted Driving

Tue, August 16, 2016

Imagine yourself standing alongside a busy road, watching the cars go by. Now pretend you have super powers and can see everything going on in each car, and you see this: A driver looks down at his phone to check GPS directions. At the same time, traffic ahead...

Preparing documentation for a termination?

Tue, August 9, 2016

Question: One of my staff went almost 7 whole days without clocking in or out on our web-based time card system. She said it was her computer but it mysteriously started working the day after my accounting person pointed it out to her. We've been unhappy with ...

What’s Hot in Fire Prevention? Equipment Maintenance!

Wed, August 3, 2016

Fires continue to ravage businesses across the country. Spontaneous combustion, heating and electrical systems, smoking, poor housekeeping, storing flammables—all common causes of industrial fires. But, they are certainly not the only risks needing atten...

Don’t Take a Chance – Valuation Methods for Buy-Sell Agreements

Tue, July 26, 2016

A Buy/Sell Agreement helps a business owner “lock in” a value for the business. The Agreement does this by using a “valuation formula.” The formula you use could mean the difference between receiving liquidation value or fair market value. Does your va...

An employee recently changed her name, when should I update her personnel records?

Tue, July 19, 2016

Question: An employee recently finalized her divorce and has provided the court record with her new name. Can I change her name on her personnel records before she provides the updated social security card and other ID? Response: As an initial matter and fr...

Keeping Your Options Open

Tue, July 12, 2016

Like most business owners, you are concerned primarily with running your day-to-day operations and growing your business—oftentimes, planning for your retirement may be secondary. According to a 2009 study of small business owners, less than half (47 per...

Could there be Something Missing in your Apples-to-Apples Quote?

Tue, July 5, 2016

You are comfortable with the insurance program you currently have and you are good friends with the agent. But, what if another insurance provider asks for the opportunity to earn your business? Do you oblige, but firmly suggest an apples-to-apples quote? ...

FMLA – Does depression qualify?

Tue, June 28, 2016

Question: An employee has requested a leave due to depression. I advised her to seek medical advice and provided her with FMLA. Is depression usually considered a valid reason to be off work under the FMLA guidelines? Response: It can be. The U.S. Departmen...

Hire a Specialist!

Tue, June 21, 2016

Your life’s work should not be left to chance If a family member had a serious heart condition that required surgery, we would surely seek out the best cardiovascular specialist available to perform the operation. The same should hold true when seeking ad...