Semanoff Ormsby Greenberg & Torchia: How letters of intent provide a road map for business transactions
A letter of intent, memorandum of understanding or term sheet — all essentially the same — is intended to be a nonbinding expression of the parties’ intended business transaction, creating a framework for putting a deal together.It’s useful for a merger, acquisition or other combination, stock purchase, joint venture, real estate sale or lease, purchase […]
First Commonwealth Bank: Business development in a male dominated energy industry
Networking is key to growth when it comes to business development. Women business owners, however, face unique challenges, especially in a rapidly growing, male-dominated energy industry. In a recent survey conducted by First Commonwealth Bank® and Campos Inc. of 125 local women-led businesses, more than 47 percent of respondents said business development was their greatest […]
SMC Consulting: How design firms add certainty, cost efficiency to office furniture selection
So the construction of your new office is nearly done and you’re getting ready to move in. Have you considered how you’ll populate your space with furniture, what type it will be and where you’ll purchase it? “Practicality and well-being should be considered first when selecting office furniture,” says Kelly Colamarino, interior designer at SMC […]
UPMC Health Plan: How population health management delivers better, lower cost outcomes
Population health management is becoming an increasingly popular concept for health care organizations. Population health management — defined as an approach to health that aims to improve the health of an entire population — goes far beyond the concept of only treating patients in need of immediate care. “Population health management helps health care delivery […]
Distributors, software firms, architects, others missing tax savings
Businesses in certain industries frequently overlook the Interest-Charge Domestic International Sales Corporation (IC-DISC) provisions of the tax code, which encourage U.S. manufacturing and exporting. The incentive essentially reduces the top federal tax rate on income from certain qualified goods and services from 39.6 percent to 20 percent. “Because it is thought of as only a […]
TriNet: How the process of attracting and hiring employees has changed
Gone are the days when companies could simply post openings on job boards and expect responses from a large pool of qualified candidates. “It’s no longer appropriate to just reactively post on a job board — to post and pray that a correct candidate will submit a resume. You need to have a recruitment strategy,” […]
California State University, East Bay: How more market oversight delivers better investment in private equity
Private equity firms use capital, usually committed by large institutions, to invest in different companies. Often their investments are riskier companies at the start-up stage, so the returns can be quite large if these businesses become successful. Recently, a sub-category of private equity, listed private equities (LPEs), traded on the stock exchange, are gaining popularity […]
Sensiba San Filippo: How health care reform demands a strategic approach from businesses
Business owners have been watching the slow rollout of the Patient Protection and Affordable Care Act (PPACA) for a while now. But that doesn’t mean they have a firm grasp on the breadth of the challenges, requirements and decisions that are inherent to its wide-reaching health care and insurance changes. “If you’re like most business […]
Mosaic Financial Partners: How personality styles affect performance and team synergy
If you have three qualified job candidates with equal experience who interviewed well, how do you choose? Ask yourself how the new hire will fit in — will they enhance or disrupt your current team? The culture is critical anytime there is a personnel change, whether hiring, promoting or planning for succession. “If you put […]
Ropers Majeski Kohn & Bentley PC: How civil cases can be settled with alternative dispute resolution
Civil courts, trying to manage busy caseloads with reduced staffs, are pushing litigants to seek alternative means of resolving their differences. “Alternative dispute resolution (ADR) is the debt that all civil litigants pay. One way or another, everyone has to pass through some form of ADR during the life cycle of his or her litigation,” […]