Last year around this time, we profiled one of our clients, Julie Murphy of Designer Draperies of Boston, who shared her story of acquiring a new business to grow her company. If you’re considering acquisitions, we hope you’ll take the time to read her story.We recently caught up with Julie to get an update on her business. She’s doing wonderfully and she gave us some excellent advice to … [Read more...]
Outside the Box: New Trends in Employee Benefits
When it comes to employee benefits and compensation, salary is the king of the hill. But as Google is known for, rewarding employees goes beyond just the paycheck. Many companies have adopted perks like unlimited vacation, pet insurance, free food and beverages, and on-site massages. But what’s becoming clear, is that one-size will not fit all. Tailoring benefit options and offering flexibility in … [Read more...]
Employee Benefit Plans: Choosing the Best Options for your Business
Open enrollment for company employee benefit plans is underway. But before employees sit down and decide which plan benefits they plan to opt-in or opt-out of, small business owners have the task of creating those plans. Unfortunately, many small business owners “don’t always get to control the design of their plan the way large businesses do,” cautioned Renee Blaine, an HR Consultant and owner of … [Read more...]
Understanding and Utilizing Cash Flow
I often hear clients speaking of cash flow, typically when they do not have enough liquid funds coming through or when they are happy because their clients are paying very well. I seldom hear them talk about the reciprocal effects of cash flow for their business and hence for their household as related to their balance sheet.We are in terrific economic times right now. Banks are lending, … [Read more...]