Mark's Articles & Media
Navigating the 2025 SECURE 2.0 Act: Key Updates Every Business Owner Needs to Know
The Secure 2.0 Act of 2022 expands on the original SECURE Act of 2019, introducing 92 new provisions to enhance retirement savings opportunities, boost business incentives, and offer greater flexibility for savers. Stay ahead by understanding the latest updates to the Secure (Setting Every Community Up for Retirement) Act 2.0, implemented in December 2022. These…
Read More >
Lower Interest Rates and Its Impact on Company Value and Growth
In mid-September 2024, the Federal Reserve made a significant move by cutting interest rates by 0.50 percentage points to stimulate the economy, addressing concerns about slowing job growth and inflation pressures. This decision, the first rate cut since the early days of the pandemic, was aimed at stimulating the economy by making borrowing cheaper. The…
Read More >
Election Year Strategies: How Businesses Can Navigate Policy Shifts and Economic Changes
As Election Day approaches, business owners across the nation often find themselves grappling with a heightened sense of uncertainty. With so much at stake, including potential changes to tax structures, shifts in the economy, and fluctuations in consumer confidence, the landscape can feel unpredictable. This period of political transition can significantly influence strategic planning, investment…
Read More >
9 Pitfalls that Can Derail a Business Sale
As a business owner, the idea of an acquisition or merger can be both exciting and daunting. While it can be a great way to expand your business or buy into a new one, the process of M&A is complex, and there are many potential pitfalls to avoid. Poor acquisitions can lead to the loss…
Read More >
6 Questions Every Business Owner Should Ask
Inventor Albert Einstein is famously quoted, “It’s not that I’m so smart, but I stay with the questions much longer.” Companies that are deliberate in asking the right questions, and drilling down on the tough answers, will have greater success in reaching sustainable financial health and long-term business success. You cannot lead what you do…
Read More >
Business Exit Strategies Demystified
As a business owner, you may have considered the possibility of exiting your business at some point. Whether it’s due to retirement, a change in career, or other reasons, it’s important to have a plan in place for a smooth and successful exit. In this article, we’ve compiled a comprehensive list of 6 business exit…
Read More >
Financial Vigilance: The Business Owner’s Guide to Preventing Embezzlement
Embezzlement is a serious financial crime that occurs when a trusted individual within a business unlawfully misappropriates funds or assets for personal gain. This betrayal of trust not only results in financial losses for the company but also inflicts a deeper wound by breaching the faith placed in the perpetrator. Safeguarding against embezzlement requires robust…
Read More >
When to Pass the Baton: Navigating Business Exit Timing
As a business owner, the decision to hand off your beloved enterprise is both momentous and emotional. Whether you’re contemplating retirement, pursuing new ventures, or simply recognizing the need for change, timing plays a critical role in this significant transition. In this article, we explore the considerations for determining the right moment to pass the…
Read More >
Demystifying the Employee versus Independent Contractor Rulings
As business owners continue paving the way through 2024, it is important to keep up to date with the latest regulations, including a final ruling recently issued by the US Department of Labor (DOL) that changes the guidance to determine how workers are classified under the Fair Labor Standards Act (FLSA). The FLSA sets the…
Read More >
Start Your Year Off Right: Improve Value, Profits, and Scalability in Your Company
As a CEO, you already know that to lead a successful company in today’s marketplace takes resilience. No industry or organization is immune to the turbulent, unpredictable, and rapidly changing factors that demand we shift how we approach strategy, innovation, and competition. That strategy shift is not about the quick profits, but creating scalable business…
Read More >