Famed investor Warren Buffet explains that he prefers investing in businesses with a protective “moat” around them. ...
Business co-leadership: advantages and challenges
Corporate leadership is typically associated with a single person. The focus is often on high-profile CEOs such as Amazo...
Unlocking the Sale: Strategies for Skilled Professionals to Successfully Exit Their Businesses
After years of hard work, business owners often look forward to a well-deserved retirement. The typical business owner h...
Buying a business: use “goodwill” to offset high interest rates
The Wall Street Journal prime interest rate is currently 8.5 percent, easily doubling potential interest expenses from a...
Grow your business in an Amazonified world: 7 strategies from Jeff Bezos
The Amazonification of American consumerism has disrupted numerous industries. Companies on Main Street, USA often find ...
Delegation for business owners: how to run your business when you’re not there
A well-managed business should not be overly reliant on any one person, including the owner. Often, the business owner t...
Navigating Family Business Succession: Why equal isn’t always fair
When transferring ownership and management responsibilities to the second generation, owners of family businesses strugg...
Gross Profit Margin: How this overlooked metric could increase your company’s value
When it comes to your company’s bottom line, cash flow is queen (or king, if you prefer). A steady cash stream allows ...
Protect your business from a recession: 12 steps for small business owners
Small businesses are uniquely at risk from recessions. According to J.P. Morgan, the average small business holds 27 day...
2023 Tax Changes in Massachusetts: What business owners need to know
On Oct. 4, 2023, Massachusetts Governor Maura Healey signed into law the first major tax cut for the Commonwealth in ove...
Business owners: 5 ways to avoid the Massachusetts Millionaire’s Tax
If you’re a business owner living in Massachusetts, you may one day sell your company for more than $1 million. Becaus...
Selling your business: Avoid capital gains tax with the Qualified Small Business Stock exclusion
Capital gains taxes can eat up a hefty portion of the profit from the sale of your small business. Luckily, one underapp...