Chicago is home to a plethora of businesses that spans many sizes and industries, all of which may be affected by changes in health care legislation. Small businesses in particular may have unique concerns when it comes to the new Affordable Health Care Act. Understanding exactly what this law requires them to provide to their employees, and what benefits or penalties they may be subject to is important. The U.S. Small Business Administration offers information that can help an individual … [Read more...]
Tips on setting up an effective marketing plan for your business
Posted on August 29, 2014 //
For existing businesses and startups alike, strong marketing plans are essential elements for ultimate success. For many Chicago-area business owners who might be product or service experts but not marketing professionals, developing or adjusting these plans can be complex and time consuming. The following are some tips that can serve as a guide when a new marketing strategy is needed. Start with the basics Hubspot provides a great reminder that starting with the right foundational … [Read more...]
The Sarbanes Oxley Act and your business: What you need to know
Posted on July 22, 2014 //
Financial Executives International recently published an article indicating that full compliance with the now 12-year-old Sarbanes Oxley Act has yet to become reality. Citing results from its own research as well as from Protiviti’s 2014 Sarbanes Oxley Compliance Survey, FEI also reports that the majority of executives believe the costs associated with continued compliance will keep growing or, at best, hold steady with current levels. Chicago area business owners are likely to experience … [Read more...]
How to find the right investors for your business
Posted on July 22, 2014 //
The right financial backing is a critical component to success for Illinois businesses. Investment capital provides the necessary means by which new businesses can be launched. It can also propel existing companies to new levels, driving both customer growth and profits. However, many businesses do not understand how to choose the right investors. In order to establish a solid financial foundation, small and large companies alike should understand their needs, research potential investors and … [Read more...]
When making your estate plan, don’t forget your digital property
Posted on July 15, 2014 //
When a woman passed away early this year, she left behind an iPad, among other things. The woman’s sons, who were named the executors of her will, were unable to unlock the device as they did not know their mother’s Apple ID and password. According to The Guardian, the men sought help from Apple but were met with an onslaught of demands. The company cited privacy laws and said that in order to grant them access, the men would need to provide a copy of the woman’s will, the death certificate … [Read more...]
