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Home Archives for Business Management

Family businesses need succession plans, too

Posted on December 10, 2018 Written by EG Conley, PC Leave a Comment

Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business — there will always be a family member here to keep the company going and no one will stand in the way.Not … [Read more...]

Filed Under: Business Management

3 under-the-radar aspects of payroll recordkeeping

Posted on December 4, 2018 Written by EG Conley, PC Leave a Comment

The phrase “payroll recordkeeping” may conjure images of paystubs and W-4s. But there are other aspects that often fly under the radar and lead to administrative slip-ups. Here are three examples.1. Fringe benefit recordsThe tax code provides an … [Read more...]

Filed Under: Business, Business Management, Tax Tips

Devote some time to internal leadership development

Posted on December 4, 2018 Written by EG Conley, PC Leave a Comment

Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain. But there’s at least one other success factor that many business … [Read more...]

Filed Under: Business Management, Business Performance

Would a Roth 401(k) plan suit your employees?

Posted on November 26, 2018 Written by EG Conley, PC Leave a Comment

Roth 401(k) accounts have been around for quite a while. But many employers still don’t offer them and many employees still don’t understand them. As the name implies, these plans are a hybrid — taking some characteristics from Roth IRAs and some … [Read more...]

Filed Under: Business Management

Estimates vs. actuals: Was your 2018 budget reasonable?

Posted on November 26, 2018 Written by EG Conley, PC Leave a Comment

As the year winds down, business owners can be thankful for the gift of perspective (among other things, we hope). Assuming you created a budget for the calendar year, you should now be able to accurately assess that budget by comparing its estimates … [Read more...]

Filed Under: Business Management, Business Performance

Help employees take flight with a performance management pilot program

Posted on November 19, 2018 Written by EG Conley, PC Leave a Comment

Many years ago, “performance management” was a supervisor giving orders to an employee and the employee trying to follow them. But as the workplace has evolved and employers have sought to get a greater return on investment in human resources, the … [Read more...]

Filed Under: Business Management, Business Performance

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