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The Legal Implications of Cybersecurity When Collecting Personal Information
Understand the Stakes of Collecting Personal Information Cybersecurity law has been called many things in recent years—evolving, complex, varied, cutting-edge, even hilarious. Ok, maybe not the last one. But I would offer another phrase that can serve as a key takeaway from this article. This phrase also highlights the importance of strong cybersecurity from a […]
Retaining Tribal Knowledge For Your Company’s Long-Term Health
Tribal Knowledge: Be in the Know America is getting older. Not just in terms of it having a birthday every year, but in terms of the percentage of people closing in on retirement. You can thank the aging Baby Boomer population for that. What that says to me is that any company with a significant […]
Millennials in the Workplace Want These 4 Qualities in a Company
Millennials in the Workplace Want to be Understood The Leading With Courage Academy recently led a panel discussion on millennials in the workplace, and how to better incorporate this unique demographic into your culture for greater success. During that discussion, four key things were uncovered that millennials in the workplace want most: focus, transparency, trust […]
Smart Giving Gives Back: The Surprising Benefits of Organized Philanthropy
It’s not Selfish to Reap the Benefits of Organized Philanthropy Bringing family members together to invest philanthropically is a game changer, but organized giving can challenge even the strongest families. Yes, philanthropy is about generosity, but it can also feel like a time-consuming obligation. It can be messy and administratively intensive. And that’s all before […]
Qualified Business Income: What to Expect from New Sec. 199A Updates
What Qualifies as Qualified Business Income? In the six months following the passage of the landmark Tax Cuts and Jobs Act, the business community has been anxiously awaiting clarifications on certain aspects of the legislation. Specifically, the area that defines qualified business income. Now, guidance is finally on the way. In summer 2018, the IRS […]
Families in Business: Mapping Out the Future with Family Business GPS Systems
Many Paths, Much Resistance for Families in Business I’m old enough to remember maps. Yes, physical, paper maps that you bought at gas stations or got for free from the AAA office. Once unfolded, they never went back to the original uniform accordioned formation. A well-used map actually had worn spots at complicated intersections. But, […]
How Small Business Owners Can Save on College Costs
10 Strategies to Help You Save on College Costs For small business owners, understanding three little words—expected family contribution, or EFC—can save on college costs (we’re talking thousands of dollars). How you structure your business, where you hold assets and which schools your child applies to all affect your EFC. So, where to begin? Try […]
Create Success by Using Delegation to Develop Others
Grow Your Business by Using Delegation to Develop Others As a manager, you’re often told of the value of using delegation to develop others. Delegation can help you focus on the tasks where you’re most needed and can help scale your business in accordance with your goals. Still, the question remains: Who do you delegate […]
Why Blockchain for Small Business is the Future of Commerce
Blockchain for Small Business is a Must As a business owner, why should you care about blockchain for small business, cryptocurrency, token offerings and all these new terms and tech that have been buzzing about? For those of you that haven’t heard these terms and aren’t familiar with the space, you should search “Blockchain” or […]
Building the Best Strategy to Drive Cash Allocation
Cash Allocation Challenges Businesses For most businesses, cash allocation is a challenge. Margin pressure, seasonality, credit risk, and bank covenants make it a constant chore. Cash is the oxygen of business. You can’t run low and survive. For successful businesses, the opposite is true. They have too much cash. Apple is a well-discussed example. The […]
