Accidental foreign trusts may present a number of unforeseen circumstances 

As relationships flourish and the world seemingly shrinks, it’s becoming more common for people to invest abroad or even inherit assets from abroad. In order to avoid going through the expensive and time-consuming process of probate, they are putting their assets in trust — but there may be consequences, especially if a foreign trust is […]

How game-playing techniques motivate employee productivity

One of the newer methods companies use to motivate employees capitalizes on game-playing techniques — bringing out the competitive nature in employees. Called gamification, the program applies game-design philosophies to non-game applications so workers have fun while meeting performance goals. “Maybe some employees thought they couldn’t achieve a certain performance level, but if it’s fun […]

Know your industry, your sector and how you are going to use the cash

Businesses making a pitch for capital to investors need to map out their strategies, Andre Bryan says — but the real key is they have to paint a picture. “They have got to be able to see it,” says Bryan, explaining the metaphor. A 62 percent growth rate demonstrates that Bryan, president of APB & […]

How Sell Hack persisted and grew through a cease and desist order

While a cease and desist order from LinkedIn closed one avenue for entrepreneurs Ryan O’Donnell and Marco DiDomenico, it didn’t stop their ingenuity. It all began, when out of necessity, the duo developed SellHack earlier this year to help their startup, Sociagram, a cloud-based video platform. “I was spending a lot of time trying to […]

New IRS regulations detail standards on how to categorize property repairs

New regulations from the IRS and Treasury Department went into effect Jan. 1 relating to the deduction and capitalization of expenditures for tangible property. The regulations affect businesses of all types and sizes. “These new rules set more guidelines on what can be done and what you have to analyze to get into the proper […]

Cultivating the future

To view the full Uniquely Cleveland: Holden Arboretum and Cleveland Botanical Garden page on our enhanced Digital Edition of Smart Business Cleveland, Click here!  

Entrepreneurial Investing Part I – Rational targeting and relationship mapping

Publisher’s Note: This is the first in a five-part series that analyzes investing from an entrepreneur’s point of view. At the end of the series, the collected columns will be available for download as a consolidated white paper at www.sbnonline.com. An extremely successful business friend of mine recently came to see me for assistance on […]

ACA means health care entities need help meeting increased demand

The health care industry, for years, has been dealing with a shortage of health care professionals in medical centers, hospitals, rehabilitation centers, nursing homes, hospice and home health care. That issue isn’t expected to go away anytime soon as the Affordable Care Act (ACA) has expanded health insurance coverage to millions of uncovered Americans who […]