A main complaint people make about their company intranet is, “We spent lots of money on a workplace solution and it’s not working the way it’s supposed to.” Perhaps the usage data is showing a drastic drop — people just aren’t using the intranet. Anecdotal evidence may also corroborate that the site just isn’t working…
A fiduciary for the ESOP has the burden of proving that the ESOP has received adequate consideration for its purchase of the employer’s stock. It is important that fiduciaries understand their responsibilities and that the appropriate measures be put into place so that the ESOP transaction can avoid being labeled as a prohibited transaction. The…
Small businesses that are successful have a common theme: A strong “Tone at the Top” and good Corporate Governance. But how do you know if you have good corporate governance? We have provided a list below that details the habits of good governance. If your organization is performing 7 out of 10 or higher, you…
Family Office- An Alternative Path “Yes, there are two paths but in the long run, there’s still time to change the road you’re on” – lyrics from Stairway to Heaven by Led Zeppelin While they have been around for years, family offices are gaining in popularity as a new generation of entrepreneurs that are coming…
At many organizations, the responsibility for user adoption is shifting from project managers to IT, and we’re seeing the emergence of IT project managers. That shift creates new challenges when you’re introducing new enterprise collaboration solutions and other large-scale technology initiatives. When it comes to user adoption, the IT project manager’s most important task is…
Not-for-Profit Budgeting A budget is one of the most important tools that management of a not-for-profit organization has to track and monitor expenditures. A correctly utilized budget can assist management in monitoring an entity’s performance and may provide early warning signs of operational problems. Developing a budget may range from a simple to a complex…
Franchising – A Road to Entrepreneurship Junior: “We goin’ Sizzler, we goin’ Sizzler,” – dialogue from the movie “White Men Can’t Jump” Sorry, but when I thought about franchising, this was the first thing that came into my mind; that ought to tell you something. So, the purpose of this blog is not to convince…
New Definition of Internal Use Software May Expand Opportunity for R&D Credit The IRS has issued Proposed Regulation 1.41-4 (the “Proposed Regulation”) to refine the definition of internal use software, which resultantly expands the potential use of the Research and Development tax credit (the “R&D credit”). The R&D credit is available to certain persons that…
Insurance agencies have the option to choose the way they bill the insured. One common type of billing method used is agency billing, which occurs when the insurance agency bills the insured for the policy that is issued. The insurance agency acts as the middleman in this case, collecting the entire premium from the insured….