Tag: budget

  • Five Ways to Strengthen Your Business for the New Year

    Five Ways to Strengthen Your Business for the New Year

    The end of one year and the beginning of the next is a great opportunity for reflection and planning. You have 12 months to look back on and another 12 ahead to look forward to. Here are five ways to strengthen your business for the new year by doing a little of both. 1. Compare…

  • Bridging the Gap Between Budgeting and Risk Management

    Bridging the Gap Between Budgeting and Risk Management

    At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats could leave you vulnerable to high-impact hits to your budget if one or more of these dangers materialize. Here are some common types of risks to research, assess, and incorporate into adjustments to next year’s budget.…

  • Estimates vs. Actuals: Was Your 2018 Budget Reasonable?

    Estimates vs. Actuals: Was Your 2018 Budget Reasonable?

    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 to actual results. Your objective is to determine whether your budget was…

  • Three Ways to Get More from Your Marketing Dollars

    Three Ways to Get More from Your Marketing Dollars

    A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so good? Others see it differently — a robust economy means more sales opportunities, so pouring dollars into marketing is the way to go. The right approach for your company depends on many factors, but one…

  • Are You Ready to Expand to a Second Location?

    Are You Ready to Expand to a Second Location?

    Most business owners want to grow their companies. And one surefire sign of growth is when ownership believes the company can expand its operations to a second location. If your business has reached this point, or is nearing it, both congratulations and caution are in order. You’ve clearly done a great job with growth, but…

  • It’s Time to Get More Creative with Retirement Benefits Communications

    It’s Time to Get More Creative with Retirement Benefits Communications

    Employees tend not to fully appreciate or use their retirement benefits unless their employer communicates with them about the plan clearly and regularly. But workers may miss or ignore your messaging if it all looks and “sounds” the same. That’s why you might want to consider getting more creative. Consider these ideas. Brighter, more dynamic…