At a time when hiring and retaining quality employees is a challenge, some businesses are finding success by focusing on employee financial wellness, not just salaries (although those are important too). This strategy can not only boost recruitment and retention efforts but also improve employee productivity. After all, financial concerns are a leading cause of…
The natural economic cycle of growth, downturn, and recovery often spurs merger and acquisition activity at different points. On the recovery side of the pandemic, we are seeing those trends multiplied by the unique conditions of these times: excess liquidity following pared-back activity; buyers looking to get ahead of upcoming growth; a hot market that…
Cyber fraud has become an everyday occurrence in the business world. While the threat is invisible, the outcomes can be extremely damaging. Major cyber-attacks have helped raise awareness about the risks to large companies, but smaller companies are just as, if not more, vulnerable to cyber fraud. Fraudsters know that smaller companies typically have less…
Not all businesses were affected by the economic turmoil of 2020-2021 equally. Some businesses will require careful nurturing to recover. Others saw a drop in expenses, increase in business , or both, and may have more cash and liquid assets on hand than normal.
A year of forced innovation and improvisation has transformed the way people work in ways both obvious (work from home, anyone?) and not so obvious. For businesses looking to the future, there are big decisions to make that could have a significant impact on the ability to attract and retain talent, and on maximizing the…
As people and businesses emerge from the pandemic, we are constantly finding ways in which the business landscape has shifted. The coming year will continue to highlight the temporary and permanent changes to business as a result of the pandemic.