Tag Archives: Business Advice

By Tim Kolacz When you buy a building, what are you really doing? Are you buying it for the value it gives your company? Is it for the, hopefully, increase in its value over the coming years so that you can sell it at a profit? Or are you buying …

By Michael K. Menerey, Partner, CFO Edge, LLC There is often uncertainty among business owners and entrepreneurs when it comes to determining whether they need the skills of a controller or a CFO. These are critical, high-level financial positions in a small or mid-sized business, so it’s important to make …

By John Tulac I’ve created a checklist of twenty-five terms commonly found in a detailed contract for the international sale of goods.  The introduction and first five terms were published on January 23rd and can be found here. https://iebusinessdaily.com/contract-checklist-international-sale-goods-commentary-part-one/  The next five terms were published on March 13th and can be found here. https://iebusinessdaily.com/contract-checklist-for-international-sale-of-goods-with-commentary-part-two/ …

By Edward L. Fixen It’s very interesting that most business owners do not hesitate to invest in insurance to protect their personal and business assets, yet don’t make the nominal investment to develop an exit/succession plan that protects a business owner’s greatest asset, the value of their business when it …

By Tim Kolacz In my business, I meet a bunch of different people in an astonishing large amount of different industries. When I meet someone, and the small talk begins, I like to tell a bit of a story. This works out typically pretty well and soon enough, we can …

By Rick Lazar Take care to understand exactly what you are agreeing to before you sign a lease. Certain “assumed to be” innocuous written statements inserted into a lease agreement can have significant legal implications. Several years ago I was contacted by a property owner who wanted my company to …