Entries by David Auer

The Fine Art of Estate Equalization

Crafting an estate plan that satisfies all of your heirs can be challenging. An unequal estate could mean that your legacy is compromised, especially if you own a business. Consider every angle in advance for the fairest outcome. One of the trickiest components of estate planning can be knowing how to divide assets among beneficiaries. […]

How to Optimize Tax Strategy for Retirement

It’s never too early to start preparing for retirement, including when it comes to taxes Whether you’ve just entered the workforce or have recently retired, saving and planning for retirement is an ongoing process. Though 57 percent of Americans say that saving for retirement is their top financial priority, nearly 19 percent of people over […]

How to Identify and Track the Critical Drivers in Your Business

Critical drivers are your business’s core items that maintain momentum and spur growth The successful operation of your company depends on a set of critical drivers, those core items that keep a business moving and growing. Taking the time to identify these drivers helps you better manage your teams and your business while helping you […]

How to Build a Better Business Budget

The rolling budget model allows you to actively respond to changes, assess strengths and weaknesses, and revise spending strategies. Finding the right approach to budgeting is not always straightforward. There are several techniques that small to large businesses can integrate to plan for upcoming expenses and changes in revenue. Effective budgets not only provide essential […]

Why Take a Proactive Approach to Management?

Many managers are too reactionary, only noticing an issue when it’s big enough to cause problems. But the right business metrics inform proactive decision-making. There are many approaches to managing a business. But when you need a solution that will help you motivate your team, manage risks, and make better decisions, a proactive approach is […]

Why Vision Is Vital for Business Success

A good vision parallels and drives a company’s values, purpose, and mission Any business owner knows the importance of consistent performance, efficiency, and steady growth. But just as important as these considerations is your business’s vision. Without a clearly defined vision, teams won’t be aligned around a common goal. You may not know what the […]

How Keeping Score Can Crush Poor Performance

Learn why keeping track of the numbers with scorecards will keep you on the path to growth If your team is suffering from poor or dwindling performance, there may be a simple solution that just takes a little planning. Create a scorecard for your business so you can track the numbers and use them to […]

The Liberating Effect of Setting Time-Based Targets

The word deadline can cause stress and panic. But when a business masters the time-based target, teams unleash their potential to improve productivity and performance. Many entrepreneurs know that they must create SMART goals: those that are Specific, Measurable, Achievable, Realistic, and Timely. Details must be clearly defined and attainable so that a goal is […]

Who Is the “Right” Person for the Job?

Learn how to get the right person in the right seat with the accountability chart and “GWC” Putting the right person in the right seat is one of the biggest challenges to overcome when you want to grow your business. Each individual on the team must be motivated, committed, and in alignment with the company’s […]