190 Results
1

An integrated approach to client communications in the virtual space

September 16, 2021

At the start of the pandemic, Barnes Dennig was among the first to move to remote working. Thanks to proactive investments in technology over the years, the firm was able to make the switch virtually overnight, and at the height of their busiest season, without compromising work quality or client service.

3

Five critical steps for business owners approaching a sale

July 5, 2022

Selling a closely held business is often one of the biggest events in a business owner’s life. The professional and personal impact is tremendous, and the process is complex, often involving careful coordination of wealth management, estate and charitable planning, tax, and business transition and investment banking experts to get the deal done. Despite the complexities, the sale can be successfully accomplished by dividing the process into five distinct steps, outlined below.

4

The talent pool: Floaties recommended

July 5, 2022

Finding and keeping quality talent continues to be a top concern for companies of all sizes. For small businesses, the challenge is that much more daunting because we are often competing against much larger organizations with vast resources and brand recognition. It’s metaphorically like treading water in the deep end of a pool, or in some cases, the unfriendly seas!

5

Streamlined payment systems improve business inside and out

July 5, 2022

As both our personal and professional worlds become increasingly digitized, sticking to old cash-and-check payment systems means businesses are losing time and money. Even for companies that are already accepting card payments, investing in modernized and integrated processes improves efficiency; provides value through increased collections, lowered cash handling costs and incentives; and improves your business’s relationship with clients and customers, inspiring loyalty.

6

Sweepstakes and contests – failure to comply is not worth the gamble

August 5, 2022

Sweepstakes and contests are effective marketing tools that are used by businesses to promote new products, engage customers, and increase sales. Promotions of this nature have become increasingly popular due to the rise of social media. Sweepstakes and contests are often easier to implement, less expensive, and more effective at promoting a business’s products than methods used in a pre-social media age.

7

It’s time to reimagine your employee benefits

August 5, 2022

Reimagining how your employees experience your employee benefits can help you retain and attract employees. Much like how we experience other transactions, the Member Journey of your employees and their families is critical.

8

Reassessing your business' go-forward plan: Why? Who? How?

August 5, 2022

I last wrote an article for the Goering newsletter in February 2020, before the world came to a crashing halt. The article outlined potential New Year’s resolutions for all business owners and leaders as they led their respective organizations into a new year. After all, if these stewards of their businesses weren’t making time for introspection and “white space” to think strategically with the long view in mind, who was? I focused on the key issues of (1) reviewing and updating business succession/exit strategy planning; and (2) thoughtfully evaluating whether one’s current outside advisors could still advise and provide the necessary resources to take the business to the next level of sustainable growth.

9

Charter a new course with ESG framework

August 5, 2022

Every few years, organizations have an opportunity to press pause, reflect, and charter a new course. Strategic planning provides this opportunity. Best practices for strategic planning include assessing where your organization is today, aligning on a vision for the future, establishing key performance indicators to measure your success, and charting milestones to guide your actions.

10

Strategies for Small Businesses Considering Expansion

February 3, 2023

There are so many great things about being a small business: the close-knit working environment, contributing to your local economy, seeing your vision come to life and thrive. The ultimate goal – of course – is to grow into a bigger venture, whether it means buying commercial land to build on or leasing local office space to grow into. You need to have the right small business growth strategies in place if you want your business to expand in a stable way; strategies that will set you up for long-lasting success and take your bottom line into consideration.