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Posts Tagged 'financial'

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5 Military Leadership Strategies for Business Success

Military leaders engage in rigorous strategic planning before executing any mission. Similarly, business leaders must anticipate market trends, assess risks, and devise long-term strategies to remain competitive. According to a study by Harvard Business Review, 70% of organizations that execute strategic planning report higher revenue growth compared to those that don’t. By adopting military-style scenario planning, businesses can prepare for uncertainties and pivot effectively when challenges arise.

TAGS: Leadership, Military, Discipline, Self-Discipline, business leader, Entrepreneurship, small business, financial,

The Costly Exit Mistake 76% of Business Owners Make — And How to Avoid It

Exiting a business is one of the most significant milestones in an entrepreneur’s journey, yet many owners reach this point unprepared, often paying a steep emotional and financial price. Research from the Exit Planning Institute reveals that 76% of business owners who sell their companies experience profound regret within 12 months of their exit. Even more concerning, between 70 to 80% of businesses listed for sale will never sell, according to Buy Then Build. This underscores the importance of planning not only for the sale itself but also for the legacy, personal identity, and lifestyle changes that follow.

TAGS: Exit Strategy, exit plan, business exits, Exit success, small business, entrepreneurs, financial, succession planning,

How Small Businesses Overcome Inflation, Cash Flow, and Workforce Challenges

Small businesses serve as the backbone of the economy, employing nearly 61.6 million Americans and driving innovation across various industries, according to the U.S. Chamber of Commerce. However, they often face economic challenges that disproportionately affect them due to their limited resources.

TAGS: small business, Inflation, Business Challenges, employment, cash flow, Capital, Line of Credit, supply chain, salary, small business owner, , finance, financial

Business Owners: How to Avoid $591 in Fines Per Day

All small business owners need to be aware that there is a new federal law known as the Corporate Transparency Act that requires the filing of a “Beneficial Ownership Information (BOI)” form, which must be filed by January 1, 2025.

TAGS: Beneficial Ownership, Small Business, legal entity, taxes, financial, nonprofit, compliance, money laundering, financial crimes

Beneficial Ownership Transparency Safeguards Businesses and Global Financial Integrity

Beneficial ownership refers to the individuals who ultimately own, control or benefit from a business or legal entity. This can occur either by exercising substantial control or by holding at least a 25% ownership stake according to GreenBurgTraurig. Unlike nominal ownership, which may only be reflected in official documents, beneficial ownership offers transparency regarding who truly benefits from or directs the entity’s activities. This distinction is crucial in preventing the misuse of legal structures for illicit purposes.

TAGS: Beneficial Ownership, business, Small Business, legal entity, taxes, financial, finance, nonprofit, compliance, money laundering, Protect,

News & Insights

Posts Tagged 'financial'

5 Military Leadership Strategies for Business Success

The Costly Exit Mistake 76% of Business Owners Make — And How to Avoid It

How Small Businesses Overcome Inflation, Cash Flow, and Workforce Challenges

Business Owners: How to Avoid $591 in Fines Per Day

Beneficial Ownership Transparency Safeguards Businesses and Global Financial Integrity

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