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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Financial Planning

ABCs of customer profitability

Happy,woman,,call,center,and,headphones,in,customer,service,,telemarketing
February 26, 2026
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Some customers naturally require more time and resources than others. But when certain relationships consistently consume more of your and your employees’ time than they generate in profit, it may be time to reassess. Taking a closer look at customer‑level profitability can help you understand where resources are going and ensure that high‑value relationships receive […]
#BusinessPlanning, #CustomerProfitability, #StrategicGrowth
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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

Hand,holding,virtual,budget, ,interface,with,finance,icons,and
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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Tax Planning

Lower your self-employment tax bill by switching to an S corporation

Business,term,/,business,phrase,on,tablet,pc, ,blues,
August 18, 2025
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If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE tax liability is to convert your business to an S corporation. SE tax basics Sole proprietorship income, as well as partnership income that flows through to partners (except certain limited partners), is subject […]
#BusinessPlanning, #SelfEmploymentTax, #TaxPlanning
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Business Planning & Consulting

Business owners can rest easier with sound cash flow management

Businessman,resting,on,a,chair,and,faucet,from,which,the
June 13, 2025
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Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover payroll can cause more than a few sleepless nights. The good news is that you can rest easier by exercising sound cash flow management. Scrutinize your cycles […]
#BusinessPlanning, #CashFlowManagement, #FinancialPlanning
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