April 7, 2023

When KeyBank surveyed middle market business leaders in September 2022, they expressed optimism despite ongoing economic uncertainty: 78% reported that the outlook for their businesses was either very good or excellent. But by the end of the year, that optimism was waning. In KeyBank’s December survey of 400 owners and executives of businesses with $10 million to $2 billion in revenues, respondents revealed greater apprehension about the outlook for their companies over the next 12 months and expressed the lowest outlook for the broader U.S. economy since the first quarter of 2021. With inflation, supply chain disruptions, higher energy costs and other factors exerting pressure on middle market businesses, many are working through significant challenges in 2023.

January 18, 2023

Whether you call it “The Great Resignation” or “The Great Rehiring” or avoid referring to it at all, everyone can agree that companies are having a tough time recruiting, hiring and retaining talent in today’s job market. The Bureau of Labor Statistics reported in October 2022 that the number of unemployed persons per job opening was less than one at a meager 0.6, a stark contrast to the 4.9 unemployed persons per job opening in April 2020. With competition remaining high in 2023, it will be more important than ever for employers to keep their current and newly hired employees on the payroll.

January 18, 2023

Among the Inflation Reduction Act’s expansions to existing tax credit opportunities are those that promote the adoption of solar energy systems. The IRA extends the provisions of the Solar Investment Tax Credit (ITC) so residential homeowners who install designated solar energy systems between January 1, 2022, through the end of 2032, will receive a tax credit of 30% of the cost from their federal income taxes.

February 3, 2023

You might call family businesses in America the “Quiet Giant.” “Quiet” because up until recently, the family business sector did not have a dedicated seat at the table in Congress. “Giant” because America’s family-owned businesses are the foundation of the US economy, contributing nearly 60% of the country’s private employment, accounting for 78% of new job creation, and representing $7.7 trillion per year to GDP.

February 3, 2023

You’ve devoted your best years to growing your business and accumulating wealth, which you hope to enjoy in your next chapter and eventually bless your loved ones or favorite charities. You also want to ensure that this wealth gets distributed according to your wishes instead of getting consumed by taxes both now and after your death. To accomplish this, there are things that you can and should do now.

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.

September 9, 2022

Over the course of its 170-year history, premier contract packaging and parts fulfillment company Crescent has prioritized its people. That focus hasn’t wavered, and under the guidance and leadership of fifth generation owner and founder Chris Taylor, Crescent’s people have made an art form out of living its cultural values of “Do it Right, Do it Safe, and Do it Well,” propelling Crescent to new heights in the process.

September 9, 2022

Driven by a passion for architecture and the belief that great architecture is a catalyst for positive change and revitalization in communities, New Republic Architecture is creating buildings in which people and communities can thrive.

September 9, 2022

Not only is caring embodied in their mission statement, but BRG Realty team members exhibit it on a daily basis. During the COVID-19 pandemic, BRG helped ease some of their residents’ stress and uncertainty by waiving late and month-to-month fees, suspending rent increases, absorbing credit card transaction fees, and not processing evictions. Their ask was simple: communicate and demonstrate a hardship, and the team would offer flexibility.

September 11, 2023

Local business leaders honored by the Goering Center Verst Logistics inducted into the Greater Cincinnati Family Business Hall of Fame