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

Many business owners often think they have to do it all. They’ve seen their business grow from nothing and usually have a hand in all of its operations. Of course, there comes a point when hiring dedicated professionals to manage specific aspects of your business is the best move. Finding people to manage specific areas...Read More

Whether or not you’re a business owner, the first quarter of a new calendar year often means you’ve got taxes on the brain. While personal and business taxes are both parts of financial life, business taxes come with their own unique challenges and opportunities. As always, education is key. What you may lack in experience...Read More

Recently, we’ve mentioned making smart financial decisions in the New Year, to lead your business to success. And when it comes to the success of your business, it’s about more than the ability to make money. Generating revenue is a necessary step, but so is effectively managing the money coming into your business. That’s why...Read More

Financial decisions are among the most important decisions that business owners have to make. They affect everything from the company’s financial health to the company’s ability to grow, and they are important for major corporations and small businesses alike. Over half of small businesses fail within the first five years, and poor financial decision-making can...Read More