Business Planning & Consulting

How to ensure your business really owns its intellectual property

Securing ownership of your business’s IP is critical. Without the right legal agreements in place, employees or contractors could claim rights to these important value drivers.
April 22, 2026
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Whether it’s a trademark, copyright, patent, trade secret or other piece of IP, its ultimate value to your business depends on you owning it. Without airtight agreements with employees and independent contractors, these workers may claim that the IP they research and develop belongs to them. Some companies learn they don’t actually own IP assets only […]
#BusinessPlanning, #IntellectualProperty, #IPProtection
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Business Planning & Consulting

Starting a business? 5 things you need to know

Launching a new business requires more than vision alone. Here are five things you need to know before you get started.
April 15, 2026
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So you’ve decided to start your own business — congratulations! Many new owners open a business to be their own boss and chart their own course. However, along with those benefits come some complications compared to being someone else’s employee. Planning and budgeting are critical, and you’ll have plenty of new tax compliance responsibilities. 1. It […]
#BusinessPlanning, #Entrepreneurship, #StartupBusiness
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Business Planning & Consulting

Considering layoffs? Try these alternatives first

If your business has become financially distressed, layoffs may seem unavoidable. Not necessarily! This article suggests alternatives, such as trimming perks, benefits and wages, first.
April 8, 2026
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It’s every business owner’s least-favorite task: laying off staff. But sometimes, layoffs are unavoidable. Labor costs are a significant line item on most companies’ income statements, and reducing your workforce can potentially help restore stability if your business hits choppy waters. On the other hand, many costs are associated with staff reductions. These include severance […]
#BusinessStrategy, #CostManagement, #WorkforceManagement
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Business Planning & Consulting

Unite your company’s sales team around a USP

Wow,offer,tag., D,speech,bubble,banner,with,megaphone.,special
December 18, 2025
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For today’s small to midsize businesses, a strong sales function doesn’t start with scripts, software or even the most talented representatives. It begins with clarity — everyone doing the selling must be on the same page. One way to achieve such clarity is to formally define your company’s unique selling proposition (USP). This is typically a […]
#SalesStrategy, #UniqueSellingProposition, #USP
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Business Planning & Consulting, Tax Planning

There’s still time for businesses to benefit from clean energy tax breaks

Environmental,tax,breaks,concept.,holding,glass,ball,with,green,tax
October 14, 2025
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The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, extends or enhances many tax breaks for businesses. But the legislation terminates several business-related clean energy tax incentives earlier than scheduled. For example, the Qualified Commercial Clean Vehicle Credit (Section 45W) had been scheduled to expire after 2032. Under the OBBBA, it’s available […]
#BusinessTax, #OBBBA, #TaxUpdate
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Business Planning & Consulting

Is your company’s pricing strategy still viable?

Price,value,balance,drawing,and,text,on,chalkboard,or,blackboard
October 3, 2025
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Pricing is among the most powerful levers for business owners to calibrate their companies’ profitability. Set prices too low and you risk leaving money on the table. Set them too high and customers may pass you by for cheaper competitors. Your continuous objective should be to find that sweet spot where prices are competitive while […]
#BusinessPlanning, #PricingStrategy, #Profitability
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Business Planning & Consulting

5 ways your business can build a stronger annual budget

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September 3, 2025
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As summer gives way to fall, many businesses begin their budget-setting processes for the upcoming year. This annual rite of passage can be stressful, contentious and, perhaps worst of all, disappointing if your budgets often fail to achieve their objectives. The good news is that there are many ways to enhance your company’s budgeting process […]
#BudgetingTips, #BusinessPlanning, #FinancialPlanning, #SmartBusiness
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Business Planning & Consulting, Tax Planning

A tax guide to choosing the right business entity

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August 11, 2025
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One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type. This choice directly impacts how the business is taxed, the level of administrative complexity and regulatory compliance obligations. While legal liability considerations also matter, we will focus on tax implications. For liability advice, consult a […]
#BusinessEntities, #ChooseTheRightEntity, #SmallBusinessSuccess
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Business Planning & Consulting

The QBI deduction and what’s new in the One, Big, Beautiful Bill Act

Four, black, spotlights, shine, down, on, the, bold, blue, text, “QBI, deduction”, against, a, light, gray, background, emphasizing, its, importance.
July 28, 2025
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The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% of QBI, not to exceed 20% of taxable income. It can also be claimed for up to 20% of income from qualified real estate investment trust […]
#QBI, #QualifiedBusinessIncome, #Section199A
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Business Planning & Consulting

How can your business set the stage for organic sales growth?

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July 18, 2025
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For businesses looking to reach the next level of success, there’s no bigger star than organic sales growth. Simply defined, this is achieving an increase in revenue through existing operations rather than from mergers, acquisitions or other external investments. As you’ve likely noticed, coaxing this star into the spotlight isn’t easy. How can you set […]
#BusinessStrategy, #CustomerExperience, #OrganicSalesGrowth
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