At its core, a family business is exactly what it sounds like: a company or other enterprise owned, operated, and actively managed by at least

According to one recent study, plant-based foods are now available in about 53% of households in the United States. Roughly 35% of Americans say that they’ve consumed

Some organizations struggle to prevent cyberattacks because they rely on cybersecurity tools and techniques that protect only their perimeter. Perpetrators who make it past a

Business owners are regularly urged to create and update their succession plans. And rightfully so — in the event of an ownership change, a solid

Most business owners would likely agree that strategic planning is important. Yet many companies rarely engage in active measures to gather and discuss strategy. Sometimes

Without trust between you and your employees, your business probably wouldn’t be very successful. Delegating responsibility, sharing ideas, working as a team — all require

Credit and debit card fraud was already a big problem when COVID-19 hit. Although how much payment card fraud increased in 2020 depends on the

With home mortgage rates at historic lows, it may be appropriate for you to consider refinancing your current mortgage. However, refinancing may not always be the greatest idea,

For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of

No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong

Many individuals who are saving for retirement favor Roth IRAs over traditional IRAs because the former allows for both accumulation of account earnings and post-retirement

No matter what type of business you operate, you rely on having a predictable flow of income to keep your bills paid. If you only

Although COVID-19 remains a concern, many people have started traveling again — both for business and pleasure. Unfortunately, as travel demand has increased, so has

In News Release 2021-160, the IRS recently made an important announcement related to COVID-19 vaccinations. That is, wages paid for leave taken to accompany someone who’s

Owning your own small business is a dream that few are fortunate enough to realize, but even those new to the joys of entrepreneurial self-determination

At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago. They haven’t had to change or do anything,

Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably

If there’s anything we all learned from 2020, it’s that things can change in a heartbeat and that the unexpected can create real havoc. Though

The world’s largest meat production company was recently sidelined by a ransomware attack. The hack forced the company to temporarily shutter plants in the United

If opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending. It’s nothing to be

Here are five things that happened this past month that affect your small business. 1) There’s a tight labor market nationwide these days, and it’s

To use their ill-gotten cash, criminals must make it appear legitimate. That’s the job performed by money launderers, who increasingly use cryptocurrencies. According to digital

For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who are relatively

With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make mistakes with bookkeeping and filing. One way to