For years now, many businesses have been moving towards a more digital model. With the frequency of new technological discoveries, the digital sphere holds many opportunities for companies of any industry. Yet, the digital transformation for a business is not necessarily easy. It can be extremely intimidating for companies with little experience in the digital...Read More

This past year has taught us there is only so much risk that we can even predict. The coronavirus and its effects have sent many industries into unprecedented risk management scenarios for business. Even so, there have always been less extreme occurrences of external, uncontrollable risk factors for businesses. But this year has obviously set...Read More

It is no secret that 2020 has drastically changed the way in which many people across the world work. Remote work was already starting to gain stride before the pandemic hit. And then stay at home orders have forced many businesses all over the world to transition their employees to working remotely. Working from home...Read More

Even for the savviest financial and business professionals, the merger and acquisition process can be grueling. It is so detail oriented, and filled with potential legal, financial, and business complications throughout. If done correctly, though, with significant forethought (and afterthought) completing a successful merger or acquisition can have the highest ROI for your company. Today...Read More

Nobody said owning and running a business was easy. There are so many aspects involved – not only do you have to be an expert in whatever service your business provides. But, to be truly successful in the long term, you also have to be an expert in business itself. If this sounds like a...Read More

Whether we like it or not, recessions are a natural part of our economy. Although the severity of economic downturns we have experienced have varied immensely, the fact is that they happen. And given this, every savvy business owner should have a plan – or at least an idea of a plan. Being prepared for...Read More

The widespread availability of information technology can be a gift and a curse. It is, of course, incredible to have so much information at our fingerprints at any given time. However, this vast world of knowledge also breeds a vast world of procrastination, distraction, and efficiency leakage. Luckily, information technology has also given way to...Read More

Even before the global pandemic, remote working was growing in popularity with companies both large and small. As long ago as 2016 a Gallup poll found that 43% of employed Americans spend at least some of their working time working from home – this was a 4% increase from 2012. There are many arguments to...Read More

In our last post, we discussed some of the tools available to small businesses that have been adversely financially impacted by COVID-19. This topic is extremely important to us at Saddock Advisory. We know that small businesses are the backbone of our society, and we know how hard this pandemic has been on so many...Read More

We are all facing unprecedented times, and especially business owners. Here at Saddock Advisory, we recognize that many members of our business community have taken a hit due to the financial effects of the coronavirus pandemic. Even with the Paycheck Protection Program and the CARES relief act, things will never be the same for business...Read More