Take a long, hard look at your business. Do you like what you see? While this is often a difficult task for business owners, it can be an important one. Time presents the first obstacle to a critical self-examination. How many owners take time out of their businesses to work on their businesses? It’s hard […]
The term “fraud” often refers to a business whose accounting department had substandard internal controls and the bookkeeper was able to steal the owner’s cash. We take some interest in the story at the time, but then quickly forget about it after the paper has been set down. We tend to think that if we […]
Worksite wellness isn’t just a catch phrase, a fad or something health care leaders like to push to add to the already full workloads of business owners and managers. Worksite wellness is serious business. And it really matters. Consider these statistics from the Public Health Institute and American Public Health Association: Two-thirds of the U.S. […]
According to the results of one recent poll, 40 percent of Americans didn’t know the provisions of federal health care reform law remain in effect. That means an employer benefits communication program will play a more important role than ever in disseminating information about changes in health insurance. Employers are required to provide written notices […]
More than a third of American households have firearms. Consequently, passing on guns to family members and other heirs can constitute an important part of the estate planning process. As a simple example, take a 60-year-old man who wants to leave his hunting rifles and a few handguns to his beloved grandchild. It might not […]
It used to be only Hollywood celebrities who attributed their fabulously fit bodies to personal trainers. Not anymore. People of all ages, fitness levels and income brackets hire personal trainers to help them meet their fitness goals. While a healthy lifestyle has become a top priority for many people, they lack the direction and […]
Zeno’s dichotomy paradox refers to the philosophical conundrum in which someone wishing to get from point A to point B must travel halfway before completing the journey. Since half the journey first must be completed and half-journeys can go on ad infinitum, the Greek philosopher concluded the traveler would never arrive at the destination, but […]
What do I mean when I talk about story based estate planning? The best way to explain the concept is to offer a couple of examples. When Bill and Carole, my hypothetical client couple, first visited me years ago, they told me about their children and mentioned one of their sons is autistic. That opened […]
If your company is to operate at the highest levels, your team members must be taught — and then continually encouraged — to think their way through situations rather than relying upon you and others for answers or even guessing at a solution. Business owners and managers frequently ask me, “How do you teach people […]
For many would-be entrepreneurs, health insurance constitutes a key factor in deciding whether to venture out on their own and transform ideas into businesses. In the past, limited availability of affordable, quality health care deterred potential job creators from striking out on their own. Now, the Affordable Care Act gives American innovators a way out […]