We are all facing unprecedented times, and especially business owners. Here at Saddock Financial Partners, 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...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

A keen awareness of the financial health of your business is a prime concern for any business owner. It’s a signal of growth or of a need for change. It’s how you know you’re doing the right thing and making good choices. It provides valuable feedback that informs which direction the company should move. Financial...Read More

How can you tell whether a business is in good financial health? It’s tempting to answer this question simply: Look at the bottom line profit margin, of course. We gather that that the profitability of a business is probably the best standalone indicator of good financial health. And it’s also a predictor of long-term success....Read More

It never hurts to go over basics, especially when it comes to the financial health of your business. Let’s review some basics before we determine if your business is managing cash flow efficiently. What is Cash Flow? You could probably infer what it is just from the name. It refers to the movement of money...Read More

Are you a Baby Boomer or even a member of Generation X who is still frustrated in your relationships with Millennials? Making the adjustment to the Millennial Mindset has been a challenge for many. But with some insight and a deeper understanding everyone can make changes for the better. Please note that we are working...Read More

Running a business has a lot of moving parts. Focusing on staff retention often falls to the bottom of the priority list. At some companies, it may not even be on the list. You might be surprised to discover: The US Bureau of Labor and Statistics  says that three and a half million employees have...Read More