22September
2016
Make Sure Your Business Doesn’t Become a Continuing Daytime Drama

Creating a workforce out of family and close friends has its advantages. Most businesses that hire family members do so to provide business continuation and reduce overhead, as well as provide jobs and experience for loved ones. Presumably, you wouldn’t hire relatives if you didn’t already think that you could get along with them. But in practice, working closely with family and friends can create unique problems that don’t exist when you hire outsiders. If relatives turn out to be a bad fit as employees, you can solve your workplace dilemma by firing them. But you may still have to…

22September
2016
Four Really Good Reasons to Invest

Over half of Americans do not own any stocks, or stock-related investments, such as mutual funds, according to Bankrate’s Money Pulse survey.ยน Individuals may cite different reasons for not investing, but with important long-term financial goals, such as retirement, in the balance, the reasons may not be good enough. Why Invest? Make Money on Your Money You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you. Achieve Self-Determination and Independence When…

22September
2016
Doing Business Abroad: Illegal Payoffs Can Take a Toll

Bribery of government officials is widely viewed as a major problem that, left unchecked, can draw in large and small companies as they compete to win foreign jobs or get approval to enter a new market. The cost to a company of paying bribes to win business goes far beyond the payment itself. The fallout from such payments include: Pushing the cost of doing business above market rates. Damaging a company’s reputation. Adding uncertainty about a company’s ability to continue operating in the market. If corruption is discovered, a business could be barred from bidding for future government contracts. Exposing…