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Tag: Colorado

The Importance of Succession Planning

Posted: September 2, 2016

No one likes to think about what will happen when they are no longer around or able to make important decisions, but if you are a small business owner, then nothing could be more important for the future of your company. Succession planning is the practice of drawing up a plan for what will happen to your business if you pass away, retire, or become...

The Boss is Gone - What’s Next?

Posted: August 15, 2016

Many businesses revolve around the owner and his or her direct participation in the enterprise. Without the boss there – the business will may be unable to function. Businesses that are established by owners with this level of involvement are at risk, but something can be done about it. At some point during the lifecycle of a business, it is time to consider business succession –...

Keeping Your Key People Happy

Posted: August 1, 2016

Keeping your key employees happy involves more than just offering them the right wages and benefits. The need for taking vacation time has been established as an important factor in employee happiness, as well as the smooth operation of your business. When a company has a single employee responsible for certain tasks, it leaves the door open to several serious problems. Errors can drift forward,...

5 Issues Business Owners Need to Worry About

Posted: July 18, 2016

As a business owner, you know there are countless challenges you'll have to face throughout the lifecycle of your business. But if you're new to the game or considering expansion, here are some common issues that can keep you up at night: Revenues The primary concerns for business owners are related to profitability and cash flow. Managing cash flow requires a realistic estimate of future sales...

How Workers' Comp Might Change In and After 2016

Posted: July 1, 2016

Workers’ Compensation insurance is in a constant state of change. From year to year, new rules and regulations come into play that impact most business owners here in Colorado. If you have not been informed about some of the upcoming changes, get help from a local insurance agent who can walk you through these important issues and advise you.  What Could Change Group Health and Workers’...