It takes a certain kind of dedication, adaptability, and vision to run any business for nearly a century. For a family business, like Delande Electrical Supply Co., Inc., in Salem, it has to be in the blood. Since 1918, when the company was founded by Ovila Delande and his son, Arthur, a Delande has been at the helm. Now being led by its fifth generation, the firm is a study in flexibility and the ability to move with the market.
Eric Holtzclaw, CEO and founder of Laddering Works, a marketing and product strategy firm, has learned a critical lesson: having employees understand how money flows through your company can be the key to growing a business.
The Patient Protection and Affordable Care Act (ACA) includes a variety of measures that help lower premium cost growth and increase access to quality, affordable health insurance. Depending on the size of your business, here's how ACA might apply to you.
According to a recent survey by nonprofit American College, about a third of small business owners have no financial plan in place. Whether it's because these owners feel that the business will take care of them in the long run or simply don't have the time, the fact is that they have no solid plan for how they will fund the latter part of their lives. When you think about the reasons you started the reason your business in the first place—among them tom create wealth—the lack of planning takes on an even bigger dimension.