How VoIP systems save space, offer low-maintenance solutions
When switching to Voice over Internet Protocol (VoIP) phone systems, a business will need to incorporate new equipment and technology. Though it may seem daunting, the transition and subsequent result leads to more manageable communications, a shallow learning curve and support during the process. “One of the biggest differences between using a traditional phone system […]
Mark Scott: Why you could be missing out on a huge opportunity to make connections
Have any of your employees tried to do a selfie in the office in response to the one Ellen DeGeneres took at the Academy Awards last month? It was one of those moments that seemingly everyone was talking about and trying to recreate in the days after the Oscars. It served as yet another reminder […]
How to determine the limits of liability for your organization
Figuring out how much liability coverage to buy isn’t easy, but it’s very important. General liability covers an entity for bodily injury, property damage, personal and advertising injury, and medical payments to a third party because of negligence of the insured. So, adequately selecting the appropriate limits provides defense costs and indemnification to that third […]
How courts are deciding issues about ownership
Ohio’s shale gas region has slated capital projects valued at more than $12 billion, with the industry expected to add 66,000 jobs and $5 billion annually to the state economy starting this year, according to economists at Cleveland State University. More than 3 million acres have been leased for drilling, with gas and oil companies […]
Eve Yen uses a mix of passion and humility to find new growth opportunities at Diamond Wipes International
When Eve Yen arrived in the United States 20 years ago from Taiwan, she wasn’t thinking about building a multimillion-dollar business, she just needed a way to support her family. “I was bringing my daughter over here for the schools, for a better education,” says Yen, founder, owner and president of Diamond Wipes International Inc. […]
Loren Shook: Why a little compassion can go a long way in business
The word “love” is not often used in business, but at Silverado, it’s a word we use every day. In fact, it’s a central part of our core operating philosophy. It’s fitting that a company dedicated to enriching the human spirit would echo a loving and caring outlook, but we take that even one step […]
Deena Carstens Munn: Much can be gained when corporations and nonprofits seek common ground
If your company is interested in establishing or enhancing its collaboration with philanthropic organizations, Dan D’Armond, community and government relations director for BMC Software, offers some excellent observations and questions to ask as you review your involvement.Here is my interview with him: Deena: What are corporations typically asked about corporate giving and forming strategic partnerships? […]
How employers and employees can use nonqualified deferred compensation
More midsize companies are seeking to do something extra for a select group of employees, usually executive-level staff. Nonqualified deferred compensation plans, which are not subject to the Employee Retirement Income Security Act of 1974, have no discrimination restrictions, so employers can choose to whom they offer the plan. The plans also have no restrictions […]
Laura Neubauer: Why good results can be had when you find opportunities to work with your competition
Marketing seems to be a weakness of most business owners. We are great at our core business, but when faced with a myriad of marketing options in today’s digital world, it’s often easier to do nothing at all. Marketing needs vary based on the point you are at in your business cycle. In the early […]
Don D'Ambrosio: Why factoring is a practice that can help any business save money
Working capital. Every business needs it, but at what cost? One path to obtaining affordable working capital is through factoring, a simple and easy concept to understand. Factoring companies provide businesses with working capital by purchasing their client’s outstanding receivables. Typically, a factoring transaction is an arrangement between three parties (client, factor and vendor) all […]