Patience propels Georgia Commerce Bank past a historic industry meltdown and struggling competitors
While other banks were chasing fast money mortgages during the residential real estate boom, Mark Tipton and Rodney Hall were patiently and deliberately soliciting deposits and conventional loans from small and mid-size companies. The reckless era seemed like déjà vu for the co-founders of Georgia Commerce Bank, who discovered the benefits of building a diversified […]
How Jennifer Rosenberg went from being the boss’s daughter to the boss at Acorn
It really bothers Jennifer Rosenberg, president of Acorn Distributors Inc., when she doesn’t make it around to each department every day to say hello and acknowledge all 110 employees. “It’s something I try very hard to do because I want to see the distribution center employees, and that’s just as important as walking back to […]
Michael Yormark’s passion and dare to fail attitude fuels his team at Sunrise Sports & Entertainment
Michael Yormark doesn’t have to look too far among his many steadfast employees to find the perfect example of how his company empowers people who work hard — who are dedicated, passionate and willing to do whatever it takes to succeed. He stops on Matt Rickoff, vice president of sponsorships. “I am very proud of […]
Junior Achievement opens the door for young entrepreneurs
A student is never too young to have a taste of the business world — and the entrepreneurs of tomorrow are fortunate to have Junior Achievement to open the door for them. Since 1919, JA has been instilling the passion in students about being part of a business and seeing first-hand how to operate an […]
TriNet: How to effectively manage human capital and limit litigation exposure
The top two concerns of CEOs are talent management and risk management, according to a 2011 study by PricewaterhouseCoopers. It’s not difficult to ascertain why. In addition to creating a positive work environment that attracts the best employees, good talent management avoids exposure to lawsuits. That’s a particular concern nowadays, as the U.S. Equal Employment […]
Sensiba San Filippo: How to decide between a C-corp or S-corp designation
Every business, regardless of size, desires to maximize value to its shareholders. And maximizing value usually means minimizing tax liability. For many businesses, the decision between filing as a C corporation versus S corporation can have a significant effect on overall tax liability, and by extension shareholder value. “As a business owner, you should be […]
Mosaic Financial Partners: How executives can plan now for their 2013 taxes
Depending on your circumstances, year-end tax planning strategies can bring multi-year benefits. “The end of the year is a great time to review for tax planning opportunities because most of the income items for the year are known,” says Geoffrey M. Zimmerman, CFP®, senior client advisor at Mosaic Financial Partners, Inc. Smart Business spoke with […]
Kreischer Miller: How to manage taxes for closely held private companies
Many closely held private companies are organized as partnerships or S corporations — pass-through entities with no material tax implications at the organization level. For owners of such businesses, tax planning predominantly focuses on the individual. To properly plan for those taxes, you need to start well before the end of the year, says Michael […]
Semanoff Ormsby Greenberg & Torchia: How to handle employee terminations to mitigate your legal risk
The legal exposures that come with terminating employees are always present. But with a troubled economy continuing, increases in certain types of claims, more publicity in the media about employment discrimination cases, and the Department of Labor and state agencies spending greater resources on investigation and enforcement, it’s more important than ever to take potential […]
UPMC Health: How the patient-centered medical home model can reduce readmissions
Preventable hospital readmissions cost the U.S. health care system an estimated $25 billion every year, according to a study by PricewaterhouseCooper’s Health Research Institute. A logical first step toward containing health care costs would be in controlling the expenses related to these readmissions. “The patient-centered medical home is becoming a very effective tool for reducing […]