<p>Many business owners dismiss employee fraud as something that plagues other organizations. Many take an “it won’t happen to me” mentality. The truth is employee fraud is surprisingly common and can devastate your business. Implementing procedures ...
<p>What makes a company a great place to work? According to consulting firm Great Place to Work, work environments can be measured by five dimensions: credibility, respect, fairness, pride and camaraderie. If you do well in those categories, your ass...
<p>Hurricane season is a potent reminder that no one knows when the next natural disaster may strike. Many businesses are caught off guard by storms and power outages that keep their doors shuttered for weeks and even months.</p>
<p>Although you can’...
<p>About 95 percent of the world’s consumers live outside of the United States. If you are conducting business only domestically, you’re reaching just a small share of the market. Likewise, if you’re in a highly specialized field, you may not be able...
<p>Building trust matters in all aspects of leadership, whether at the office, with your family, at church, in the community or anywhere else.</p>
<p>The “why” is obvious. People need to trust you before they feel comfortable acting on what you say.<...
<p>Family owned businesses operate day to day like any other company, but they do have special considerations to keep in mind. One of the biggest concerns I hear from family business clients is how to transition a successful company and keep it up an...
<p>Every two years the Summer and Winter Olympics are a reminder of what can be accomplished when you set goals, train consistently and stay focused.</p>
<p>If you’ve reached the peak of your career and are considering selling your business, you can ...
<p>Developing and investing in people is the most effective way for owners to grow their businesses. Making sure the right people are in the right seats is part of the equation, but you also have to help your team learn new skills and develop profici...
<p>There’s an old saying that’s certainly true in business: <strong><em>“What gets measured gets done.”</em></strong> If you paid attention to financial news late last year, you saw the fallout from Wells Fargo’s bonus system that led to congressiona...
<p>In the world I came from – large regional banks with complex corporate structures – a lot of people used the word “team,” but it didn’t much feel like one.</p>
<p>I imagine that’s what it’s like at most companies, maybe even the one where you work...
<p>Pinnacle might not look like a typical small business from the outside, but that’s who we are at our core.</p>
<p>We got our start in 2000 as an urban community bank, which really just means we offer the service and attention of a small community ...
<p>It’s a conversation business owners are sometimes reluctant to have. You’re not ready to talk retirement, and you definitely don’t want to think about an unexpected death. But it’s something every family business needs to plan for: What happens wh...
<p>Every business has to keep an eye on costs. You carefully scrutinize every expense and cut or scale back wherever you can.</p>
<p>That’s smart, and you probably can cut back in many places. But there’s one area where business owners should look ca...
<p>Every business owner wants to feel secure and in control. While traditional insurance offers plenty of security, it sometimes lacks the flexibility to adapt to the nuanced and changing needs of some businesses.</p>
<p>For that reason, captive insu...
<p>What do you imagine when you think about trusts? That they’re only for wealthy families? Or that they’re great for helping the elderly or those with disabilities? Trusts are useful in those circumstances, but they can also be beneficial to almost ...
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<p><span>For business ...
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<p>People are more lik...
<p>Because health savings accounts are tied to the ominously named “high-deductible health plan,” they sometimes get a bad rap. It doesn’t help that FSAs, which provide tax breaks and are typically available within any plan, and HSAs, which provide t...
<p>It’s sobering to realize that nearly 80 percent of Americans live paycheck to paycheck. That means four out of every five people have no cushion and live daily with the stress of whether they’ll be able to pay this month’s bills.</p>
<p>Some of yo...
<p>Your people are your most valuable asset. They will make or break your company’s success. Do you have the right team in place? Are you leading them effectively? Learn from the experts how to find and put together a winning team and then coach them...
<p>A key tenet of the American Dream is that people who work hard and save diligently can retire with enough resources to enjoy the rest of their lives and perhaps leave something to their kids. And many workers expect their companies to help them sa...