An anxious call from a client – who had just discovered that a trusted employee had embezzled from their company – was a timely realization that they needed to reevaluate their office operating procedures and business security measures. The preventive answer lies within improved audits, fidelity insurance coverage, careful hiring practices, and implementation of a...Read More
Business owners in general work hard to ensure that their buildings, grounds, offices, garages, warehouses, and stores are safe. Store owners must be especially vigilant due to the number of people that walk in to shop. Clothing stores, hardware stores, and supermarkets all display merchandise in as many ways as they can to maintain space,...Read More
By Dalton B. Floyd, Jr. Most of us, without exception, fail to read the office equipment leases and/or purchase agreements on equipment we lease or purchase. With the overwhelming trend toward “computerizing” your business, and the need to constantly upgrade your office equipment, everyone, sooner than later, will be faced with reviewing a purchase agreement...Read More
By Dalton B. Floyd, Jr. Working with a number of small businesses over the years, and seeing many of them fail, has caused me to develop an acute awareness of the consequences of poor fiscal management. Sealing the fiscal leaks in a small business and accomplishing a financial turnaround is possible if trouble areas are...Read More
While many business owners may have been led to believe that becoming a limited liability company (LLC) is simple and easy, it is still important to proceed carefully. Specific to the United States as a type of company that is private and limited, an LLC can be described as a business structure that combines the...Read More