It’s challenging to keep strong emotions and conflict out of family businesses. These tips will help ensure operations stay on track.  Key takeaways: 8 tips when running a family business: Consider the domino effect Let go of grudges Improve communication Create clear work boundaries Stay objective Set clear roles and responsibilities Focus on the benefits…

More people are becoming digital nomads, living and working in other countries. Here’s what you should know about US tax obligations if you work abroad. Key takeaways: You still must file a tax return and pay any applicable taxes in the US when living and working abroad. You may qualify for the foreign earned income…

A spousal IRA allows a working spouse to contribute to a non-working spouse’s IRA under specific conditions Key takeaways IRAs can create tax savings while providing future retirement income A non-working spouse might not be eligible for a regular IRA But the working spouse can make contributions to a spousal IRA This arrangement benefits the…

Business problem-solving is not always straightforward, and it requires collaboration, creativity, and a deep dive to uncover the root cause. Key takeaways: Identify and address the root cause Know when to delegate Take time to outline your thoughts Ask for new perspectives Use the EOS Toolbox™ and the Issue Solving Track™ Solving problems is a…

Are you keeping your business tax records organized? Here are 6 tips for doing it right. Key takeaways: Six tips for better records management: Keep tax documents together Go digital Get ahead of deadlines Use one account or card for expenses Put a weekly plan in place Know which documents to keep and for how…

Are you keeping accurate tabs on your business’s performance? These 7 financial KPIs will help! Key takeaways: Financial KPIs help you understand how the business is performing and what to focus on now and in the future 7 important financial KPIs: Net profit Net profit margin Average customer acquisition cost Working capital and current ratio…