Posts Tagged ‘Business Planning’

Risk Management for your Business

Risk Management for your Business

  • Agency News

Fortifying your business with enterprise risk management Establish an enterprise risk management (ERM) program to protect your business. Just as hundreds of years ago, when prosperous towns managed the various risks of foreign invaders, thieves and wild animals by fortifying their entire communities with walls and towers. Assessing threats In short, ERM…

4 ways to organize your business data and maintaining it

4 ways to organize your business data and maintaining it

  • In the News

4 ways to organize your business data and maintaining it With so much data flying around these days, it’s easy for a company of any size to get overwhelmed. If something important falls through the cracks, say a contract renewal or outstanding bill, your financial standing and reputation could suffer….

Making a Loan to Your Company is Complicated

Making a Loan to Your Company is Complicated

  • Agency News

Loan or Capital Contribution   Have you given a loan to your company as a business owner? Is that transaction recorded as a liability payable back to you? If you answered “yes” to these questions, you may be at risk for the IRS ruling that your business decision will be reclassified…

Founders and Transition Planning

Founders and Transition Planning

  • Agency News

Don’t let “founder’s syndrome” impede your succession planning Are you the founder of your company? If so, congratulations — you’ve created something truly amazing! And it’s more than understandable that you’d want to protect your legacy: the company you created. But, as time goes on, it becomes increasingly important that…

Key Performance Indicators for Business

Key Performance Indicators for Business

  • In the News

Key Performance Indicators are necessary for running any business. Key Performance Indicators (KPIs) help you to find the right path forward in managing your business on a daily, weekly, monthly, and quarterly basis to have a successful year.  At Wilke & Associates, we like to refer to KPI’s as your…

Prepare for Disaster

Prepare for Disaster

  • In the News

Make sure your company is prepared for any disaster What could stop your company from operating for a day, a month or a year? A flood or fire? Perhaps a key supplier shuts down temporarily or permanently. Or maybe a hacker or technical problem crashes your website or you suddenly…

Put Your Successor in a Position to Succeed

Put Your Successor in a Position to Succeed

  • Agency News

Business owners: Put your successor in a position to succeed When it comes time to transition your role as the business owner to someone else, you’ll face many changes. One of them is becoming a mentor. As such, you’ll have to communicate clearly, show some patience and have a clear…

IT Strategy

IT Strategy

  • Agency News

It may be time for your company to create an IT plan Many companies take an ad hoc approach to technology. If you’re among them, it’s understandable; you probably had to automate some tasks before others, your tech needs have likely evolved over time, and technology itself is always changing….

A Successor in your Transition Plan

A Successor in your Transition Plan

  • Agency News

3 Hot Spots to Look for Your Successor Picking someone to lead your company after you step down is probably among the hardest aspects of retiring (or otherwise moving on). Sure, there are some business owners who have a ready-made successor waiting in the wings at a moment’s notice. But…

Banking Relationships Are Important!

Banking Relationships Are Important!

  • In the News

Choosing the right banker or lender It’s easy to think of lenders as doing your company a favor. But business financing relationships are just that: relationships. Yes, a lender has the working capital you need to grow. But a stable, successful business represents an enormously beneficial opportunity for the lender…

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