Peggy's Articles & Media
Business Exit Strategies: How to Choose the Best Option for You
Building and growing your business didn’t happen overnight. It took years of hard work, dedication, and many sacrifices along the way. The same goes for creating a solid transition and exit plan—it’s not something you can create in a day. Yet, here’s the surprising part: A survey found that while 67% of business owners expect…
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Navigate Rising Tariffs and Geopolitical Uncertainty
Just two months into the new year, many companies are already feeling the weight of new tariffs and geopolitical tensions. According to the latest survey from The Conference Board, CEOs worldwide view intensified trade wars as the biggest threat to their businesses. The ongoing tensions between the US, EU, Canada, and China are expected to…
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Strategic Open-Book Management in 2025: A CFO’s Perspective
What short- and long-term incentives truly inspire your employees to actively contribute to the sustained success of your business? Are these incentives solely tied to job tenure and security? What potential alternative approaches and options should you explore to create a more engaged and motivated workforce? As we venture into 2025, the necessity of adopting…
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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 final regulations issued by the IRS earlier this year to the Secure (Setting Every Community Up for Retirement)…
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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…
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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…
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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…
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6 Questions Every Business Owner Should Ask
Inventor Albert Einstein is famously credited for saying, “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…
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Navigating Mid-Year: Assess, Pivot, and Thrive!
As we reach the mid-point of 2024, it’s a strategic time to gauge how well your business is progressing. If you’re unsure, you’re not alone — many CEOs and owners grapple with diverse challenges in today’s high-cost and uncertain economy. That’s why conducting a thorough Mid-Year Assessment is essential. By evaluating your business’s health, you…
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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…
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