Most financially minded people would agree that planning for your financial future is extremely important – and it absolutely is. What sometimes gets overlooked, though, is planning for your business’s financial future. Many business owners have personal and family financial plans, but may have forgone, or put off, financial plans for their businesses. There are […]
Financial Planning and Analysis, or FP&A, is one of the most important components of a company’s financial health. There is a reason FP&A professionals are highly specialized and valued within organizations. The work they do, if done well, will drive almost every aspect of their company’s strategies, goals, and overall value. The power and capabilities […]
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 […]
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 […]
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 Financial Partners. We know that small businesses are the backbone of our society, and we know how hard this pandemic has been on so […]
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 […]
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 […]
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 […]
If there’s an aspect of financial planning that’s leading the pack in the running for Most Neglected, it’s probably tax planning. We all pay taxes, so it’s something we’ve all got to do to some extent, and many view it as a chore. This is unfortunate, as intelligent tax planning can potentially save you significant […]
Ancient Egyptian pharaohs would bury their wealth with them so they could use it in the afterlife. However, a few things have changed since then. Today, if you want any control over your assets when you’re gone, you’ll need to think about writing up wills and estate planning. The peace of mind that thorough and […]