Managing Cash Flow

Most business owners understand the basic tenet of good cash flow management (accelerating receivables, streamlining payables and managing inventory) and its benefits (greater operational efficiencies, making your money work harder for you, etc.). What’s often a bigger challenge is staying on top of all the options that exist to help put those ideals into action.
Cash [...]

tags: Cash management No comments
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02 May
2012

topic: Insurance, uncategorized

(1 votes, average: 4.00)

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Key-Person Insurance

Most organizations employ at least one individual who is essential to the company’s success. This person may be a partner, owner, majority stockholder or another individual who is crucial to the business. If this person unexpectedly leaves the organization – due to a death, disabling accident or an immediate resignation – it may be hard [...]

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22 March
2012

topic: benefits

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DOL 401(k) Plan Disclosure Rules Take Effect Soon

New participant disclosure rules apply to participant-directed 401(k) plans. Employers generally must begin complying with these rules no later than August 30, 2012.
You may have heard about new participant disclosure rules that will soon apply to 401(k) plans. Before describing what’s ahead, a look back may be helpful. (While we’ll refer to 401(k) plans, these [...]

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22 March
2012

topic: cyber fraud

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Cyber Security Precautions for Your Business

Most business functions rely on computers and the Internet in some capacity. The convenience of using computers is accompanied by many risks, including damaging viruses, hackers, use of your system to attack others or use of your financial information to make unauthorized purchases. As a result, companies must respond by preventing, detecting and responding to [...]

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01 February
2012

topic: Fraud Control

(1 votes, average: 5.00)

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Trust and Verify… Setting Internal Controls

The world’s largest anti-fraud organization commissioned a study that reported 30% of companies with fewer than 100 employees encounter employee fraud, and by the time it’s over, the median scheme resulted in a loss of $160,000! This same research discovered something equally troubling… fraud regularly went undetected for about 18 months. Internal controls may have [...]

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