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Cannabis ventures face getting enough startup money so entrepreneurs can reap benefits
Talk about the potential value of the legal cannabis market in New York and you’re talking big money — very big money.
Protecting yourself from growing cybersecurity threats
Growth in digital banking accelerated during the COVID-19 lockdowns out of necessity — and with this comes a new set of challenges related to cybersecurity risk.
Proactive tax planning requires a 365-day tax strategy
Unless you have an extension for your federal income tax return, your 2021 tax return should have been put to bed last month. That doesn’t mean you should stop thinking about taxes.
Best hedge against inflation is keeping emotions at bay, trusting your plan
You have to go back to the mid-1970s to early 1980s to find inflation rates near where they have been lately, which makes it likely that this is the first time you’ve stood nose to nose with this economic bogeyman.
Tips for planning a business succession
Planning for retirement and creating a contingency plan in the event of an unexpected exit from the workforce are critical steps for lawyers, financial advisors and other professionals who have built long-term, trusting personal relationships and want to ensure a smooth transition for clients and themselves.
Business succession planning – preserving more than just legacies
For centuries, Rochester has been provided fertile cultivation ground for business and individuals in pursuit of the American dream. If you have vision, work hard, take action and are persistent you can turn ideas or dreams into a successful business that can provide excellent generational careers and financial stability while being a catalyst for our local economy.
Tricks to sustaining the family trade: Succession planning scenarios to expect
Succession is inevitable and statistics show why proactive planning is critical.
Succession plans critical for survival of family-owned businesses
While family-owned businesses are commonplace in the United States, those that are multigenerational remain rare gems. According to Cornell University’s SC Johnson College of Business, there are over 5.5 million family businesses in the United States, with the average lifespan of a family-owned business at 24 years. Just 40% of family-owned businesses are handed down […]
HR leaders playing more prominent role in organizations
The coronavirus pandemic, a historically tight labor market and other outside pressures have led to expanded responsibilities for human resource leaders and their departments, which are taking an active role not only in employee recruitment and retention but also corporate communication and culture building within organizations. Federal labor data indicates the fewest people on state […]
Applicants with criminal conviction records: An overlooked protected class
One of the most basic tenants of employment law is that employers are prohibited from discriminating against applicants and employees based on protected characteristics.
Wellbeing benefits: A holistic approach for employees
One of the most important things to know about employee benefits today is that there has been a seismic shift – both in semantics and practice – from wellness to well-being.
Talent retention and acquisition, inflation and rising rates among bankers top concerns
Economic uncertainty and a tight labor market are among the top challenges financial institutions face in the near term according to local banking insiders.
