Employee theft happens more frequently than you hear or read about. It’s believed that only a small percentage of cases of employee dishonesty are reported and prosecuted. Too often, the employee is just dismissed and moves on to steal from someone else. In other cases, especially where financial controls are weak, the employee may steal small amounts for years without being detected. (more…)
Management and HR
Selling Your Firm
When selling your firm you need to be prepared for several things from the outset. Whatever the purpose of sale may be, there are some suitable guidelines to follow that will best prepare you as the seller for the reality of the sale itself. (more…)
New Business: Two Surveys Reveal Workplace Information
Two recent surveys reveal some interesting things about what’s important to employees and employers. (more…)
Read The Writing On The Wall
Imagine taking a newspaper classified ad and posting it up on an electronic signboard. Think about the reach your message automatically achieves. This form of advertising is called digital signage: an electronic display that conveys an advertising message. (more…)
Is A Business Plan Still Necessary?
There is a heated debate regarding the merits of writing a detailed business plan. The gist of the debate is whether or not there is a benefit (financial and overall) to writing a detailed business plan, or whether this has become a dated concept and a fledgling business can thrive without one. (more…)
Advice On Firing Team Members
The process of letting a team member go is uncomfortable and upsetting. However there are a few guidelines that can help soften the blow called the five Ws – who, what, when, where and why: (more…)
Think Carefully Before Hiring Family Members
Some family members have the skill and can-do attitude to propel a firm toward greater success; others have the power to drag it toward bankruptcy. Before hiring a son-in-law who’s clamoring for an executive position or a sister who recently graduated from college, beware of these pitfalls. (more…)
What’s New: IRS Increases Mileage Rates
IRS has increased the standard mileage rates
The IRS has increased the standard mileage rates to be used for computing the deductible costs of operating a vehicle for business or for driving for medical or moving reasons. The new rates will apply to driving from July 1, 2011, through December 31, 2011. (more…)
