Financial Poise

Entrepreneurship

Trade Credit Insurance in COVID-19 Times

The COVID-19 pandemic has made the export credit insurance industry a seller’s market. Here’s what to expect of a trade credit insurance policy.

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Non-Executive Directors Provide Leadership When It is Needed Most

There are many advantages of non-executive directors. They provide accountability, leadership during difficult situations and true change to divided firms.

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IRC Tax Section 280E Update and Potential Tax “Loophole” for Cannabis Companies

Cannabis companies have felt the weight of IRC tax section 280E for a long time, but changes to the tax code may allow them to deduct from taxable income.

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SBA Grants Safe Harbor for PPP Loans Under $2M

The SBA extended its safe harbor for PPP loans from May 7 to May 18, claiming all borrowers receiving $2 million or less now meet good-faith certification.

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That’s SOC, Not SOX: SOC Reports Audit the Safety of Company Data

An SOC report tells business owners, buyers and fiduciary directors if their data is being safely managed by a service organization. Should you request one?

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Force Majeure Clauses in the Age of Coronavirus

As the COVID-19 coronavirus disrupts global business and supply chains, here’s what you should know about invoking force majeure clauses.

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Recognizing Special Situations in Private Companies

“Special situations” affecting stock price, (i.e. bankruptcy or a spinoff company) can be more complicated for private companies, which tend to be illiquid.

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The Purchase Agreement Essentials – Business Deal ‘Terms of Sale’

The terms of sale are the heart of the purchase and sale agreement. They define what is being purchased, how much it costs and how payment will be made.

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A Tale of Competitive Bidding and Pre-emptive Bids

An owner selling his business gets 3 high pre-emptive bids. Should he take a deal or allow the competitive bidding process to continue?

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Without Good Governance, Family Businesses Go Nuclear 

3 Case Studies on the Importance of Good Governance To put it bluntly, proper governance does not come naturally for most private and family businesses. It requires leadership to understand […]

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