How to spot red flags that identify potential for corporate fraud, theft

Corporate fraud and embezzlement isn’t limited to high-profile cases where employees buy sports cars and lead a life of luxury. “That’s what people usually think. More often, however, the people who steal are good people who just have an economic need. The corporation provides them with an opportunity to (unlawfully) get the money they need,” […]

Ambitious downtown transformation will be the focus of new GPC director

Jeremy Paris has a strong belief that recent efforts to transform downtown Cleveland — including an ambitious pedestrian bridge linking Lake Erie to the city’s core — will be a success. “I believe that this is something that is happening,” says the newly appointed first executive director of the Group Plan Commission. “For years, we […]

How partnerships and LLCs can avoid pitfalls that lead to litigation

Cash investors can get upset and file lawsuits when they learn that others involved in a partnership or limited liability corporation haven’t risked as much capital in a failed venture.“It really comes down to not having the operating agreement and the prospectus adequately explaining all of the moving pieces and what different people are putting into the project,” says Stephen J. Erigero, a partner […]

Women Who Excel Awards recognize achievement, support of ideals

Smart Business proudly announces the first class of Women Who Excel Awards. The honors were announced at the 12th annual Perspectives: Women Who Excel Conference last month. When the first Perspectives: Women Who Excel Conference was held in 2002, a group of dynamic leading women executives shared their insights on what it takes to redefine […]

Deciding if you should own or lease your real estate and equipment

Determining whether to own or lease your company’s real estate and/or equipment can be complicated — and you don’t want to make a decision that negatively impacts your organization.“Typically, if the item has a short life like computers, business owners should consider leasing,” says Santiago “Chico” Perez, SBA Sales Manager at California Bank & Trust. “If not, and they have the money to put […]