Noel's Articles & Media
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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Demystifying the Employee versus Independent Contractor Rulings
As business owners continue paving the way through 2024, it is important to keep up to date with the latest regulations, including a final ruling recently issued by the US Department of Labor (DOL) that changes the guidance to determine how workers are classified under the Fair Labor Standards Act (FLSA). The FLSA sets the…
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Mastering Financial Fitness: A Guide to a Prosperous 2024
As we start a new year, it’s important to take stock of your business finances and ensure you have a solid foundation to pursue financial health throughout 2024 and beyond. The first step is to know your numbers, so take the time to review your financial statements and identify any areas that need attention. It’s…
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Planning Your Exit – Maximizing Value And Your Company’s Future
Your 2024 To Do List for Exit Planning As a business owner, you have worked tirelessly to build your company into your largest financial asset. However, it is important to start thinking about the future. Perhaps a sale of your company is something you’ve flirted with but you don’t have all the answers, steps, and…
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What is a Good Gross Profit Margin? Tips to Improve GPM and Drive Profitability
As the year ends, it’s essential to keep your business’s financial health in mind. Whether you’re running a small business or a large enterprise, the fourth quarter can be a make-or-break period for achieving your financial goals. The good news is there are several things you can do to ensure that your business ends the…
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Strategies to Build Company Value Even In Uncertain Economic Times
As a business owner, you know that success requires hard work, sacrifice, and commitment. But have you thought about what comes next? Whether you’re planning to sell your business or pass it down to the next generation, it’s important to consistently maximize its value. In my latest article, I outline the most important factors in…
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8 Best Practices To Help Business Owners Manage Cash
Whether it was navigating workforce challenges, inflation and margin pressures, and potential recession challenges, companies have been facing a time where managing cash flow is more important than ever. Between increased costs and lowered sales, some businesses will find themselves low on cash, perhaps to the point of significantly impacting their ability to meet operating…
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