#business Archives | Hutchinson and Bloodgood LLP

Choosing the right sales compensation model for your business

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March 5, 2025

A strong sales team is the driving force of most small to midsize businesses. Strong revenue streams are hard to come by without skilled and engaged salespeople. But what motivates these valued employees? First and foremost, equitable and enticing compensation. And therein lies a challenge for many companies: Choosing the right sales compensation model isn’t […]

#business, #Compensation, #Sales

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Succession Planning

ESOPs can help business owners with succession planning

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December 4, 2024

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Devising and executing the right succession plan is challenging for most business owners. In worst-case scenarios, succession planning is left to chance until the last minute. Chaos, or at least much confusion and uncertainty, often follows. The most foolproof way to make succession planning easier is to give yourself plenty of time to develop a […]

#business, #ESOPs

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Business Planning & Consulting

Business owners: Be sure you’re properly classifying cash flows

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November 13, 2024

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Properly prepared financial statements provide a wealth of information about your company. But the operative words there are “properly prepared.” Classifying information accurately isn’t always easy — especially as the business grows and its financial transactions become more complex. Case in point: your statement of cash flows. Customarily, it shows the sources (money entering) and […]

#business, #cashflows

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