The current economic downturn has many business owners rethinking their transition plans and exit strategy. It may feel counterintuitive amid the COVID-19 pandemic, but now is a good time to consider a sale of business. Doing so allows for the kind of preparation that will help position and present the company from a place of strength. Planning well in advance can pay off significantly.
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Most small businesses begin their financial lives using Intuit's QuickBooks, but if your business has moved beyond the entry level, your organization may be facing a number of challenges as you hit the limits of QuickBooks’ functionality. With the right framework and guidelines, you can assess the hidden costs of continuing to use QuickBooks along with the financial upside of switching to a modern financial management and accounting system.
As anticipated at the onset of the COVID-19 pandemic, there has been a significant uptick in cyber fraud. Cyber criminals are opportunistic and taking advantage of companies at their most vulnerable. This is a result of unique risk factors that have been heightened with the rapid shift to remote working arrangements. In this webinar with accompanying slides, we discuss the steps that can be taken to mitigate the cyber threats and protect your organization during and after the COVID-19 pandemic. Select the 'download file' to view the accompanying slides.
The recent wave of protests and civil unrest that has roiled the nation has, in some cases, led to dangerous conditions in major American cities. Damage to business offices, stores, and restaurants has been widespread. Unlike their recent experiences with COVID-19-related claims in which insurers issued blanket denials, business owners are likely to receive insurance reimbursements for losses sustained during the protests.
We have assembled an impressive collection of speakers for this year's FOX Fall Forum to discuss several issues of global importance. The star of the event is our members and their ability to achieve in a rapidly changing world. Join us to learn from wealth owners and advisors at the top of their game – those who have maximized wealth to create new businesses, foster the next generation of leaders, and solve big problems.
As social distancing measures abate—and ahead of a possible second wave of coronavirus cases—organizations will need to de-risk the enterprise and adapt operations to a “new normal.” This will require a thorough evaluation of pandemic-driven IT and cybersecurity changes, some of which were rapidly put in place during the response phase of the pandemic, followed by strategic adjustments of enterprise architectures, cybersecurity controls, and business processes based on long-term operating strategies. In the post-COVID-19 world, 10 areas will require attention.
As businesses and customer-facing companies consider best practices for reopening under the COVID-19 environment, they should develop a thoughtful plan to reduce the chance of exposure to the virus. We explore five ways for businesses to help ensure their employees and customers remain safe while keeping in mind the type of business, the state and local government guidelines and orders in place, and the geographic region in which the business operates.
In this discussion, Perkins Coie’s Insurance Recovery Attorneys, Jim Davis and Brad Dlatt, interviews special guest Perkins Coie Labor Partner, Heather Sager, who is counseling companies operating during the Covid-19 pandemic.Topics include how businesses find out if they are allowed to re-open, what employers need to know about having employees return to work, the use of health screenings, privacy issues arising from new procedures, the implication for insurance, and a brief legislative update.
U.S. Capital markets are facing pressures from significant societal shifts as the novel coronavirus pandemic continues to spread across the globe. For boards and stakeholders charged with governance in earning the confidence of current and would-be investors, it will be paramount to demonstrate leadership integrity and intent through the crisis environment.
If there were any lingering doubts about the necessity of digital transformation to business longevity, the coronavirus has silenced them. With rare exception, operating digitally is the only way to stay in business through mandated shutdowns and restricted activity. It’s go digital, or go dark. With the right approach, businesses can come out of the fray stronger, more agile, and more customer-centric than before. Crisis breeds ingenuity, and good ideas put into practice can propel any business to breakout performance.