Author Archives for Michelle Bomberger

Prioritize Disaster Planning Beyond Insurance

by | July 31, 2020

As the pandemic and related lockdown took hold in March, companies immediately began to look for ways to protect their businesses from the damage. Insurance coverage, of course, was a first thought – but in most cases, insurance didn’t deliver. Many companies were stuck with no revenue; other companies were stuck because their people couldn’t... View Article

Maintaining Company Culture in a Virtual World

by | May 28, 2020

Each business has a defined culture, and business leaders must identify it in order to start improving, building, or maintaining company culture in a virtual world. Your business’s culture influences everything you do, the decisions you make, the decisions your team makes, and the way you work with your customers. When you’re all together in... View Article

Focus on What’s Essential for Future Planning

by | May 2, 2020

The past two months have been a practice in firefighting for many business owners. Whether determining how to adjust their business model, working through the best solutions for employees, or helping customers navigate the fear and panic. It’s hit everyone – but with different effects. Although our pre-pandemic “normal” is out of sight, many businesses... View Article

Use Your Contracts to Improve Financial Flexibility

by | April 30, 2020

We all want to close deals quickly, without strife, and with financial flexibility. However, if professional relationships are just casual, you may lose that opportunity to improve cash flow and profitability. Don’t fear the best tool in your belt: Contracts. For businesses, formalized contracts are the most important tool to secure revenue and protect assets.... View Article

Contract Obligations

What If You Can’t Fulfill Your Contract Obligations?

by | April 2, 2020

As COVID-19 continues to dictate workplace culture and operations, business owners struggle with fulfilling their contractual commitments to customers. With limited staff, facility closures, and constant uncertainty, you may find yourself asking, “What if I can’t fulfill my contract obligations?” It all comes down to prioritization – In challenging times, we need to prioritize contract... View Article

Compliance

Is Compliance Keeping You Up at Night?

by | February 5, 2020

For most of you, business owners, compliance is not the primary cause of anxiety and sleepless nights. Instead, it is sales: “Will there be enough money to pay expenses or hit our profit objectives?” Next in line is risk, specifically legal risk: “I don’t know what I don’t know.” When it comes to compliance, you... View Article