At Saddock Advisory, we’re always advocating the use of wealth management advisors. While it’s a topic we’ve touched on before, there is no time like the present to expand on it further. A wealth management advisory service usually combines a range of financial services, all with the aim of setting you up for financial success, […]
The business world has a long tradition of philanthropic giving, especially over the past century. But over time, the concept of strategic philanthropy has developed as a way to challenge how traditional corporate giving has been conducted. More recently, the wider philanthropic and nonprofit sectors have shifted toward a more business-like approach. This is a […]
Although every year comes with minor changes to the tax code, the last year and a half have been a tumultuous time. Especially when it comes to changes to tax rates, brackets, deductions, and more. In this article, we will discuss some of the major tax changes in 2021, and review their various advantages and […]
In this increasingly digitalized world, it seems that there are always new programs and platforms advertised to make our lives easier. Some actually do so, while others do not. In this article, we will discuss a digital advance that really can save you a lot of time and unnecessary stress (especially if you are a […]
Let’s face it: being a small business owner is hard work. It’s nearly impossible to find time to do everything that you want to do to run your business. This tends to be especially true for a company’s finances. Many small business owners are not trained in running the financial side of a business, and […]
Predicting and analyzing risk is a difficult endeavor, especially since it involves anticipating unforeseen and adverse events. Of course, these events are hard to anticipate and even harder to plan for. But, risk analysis is essential to the success of any business. Although it is highly unlikely that you will be able to anticipate risk […]
In the business world, acquisitions are generally associated either with growth or a lack thereof. If your business is looking to expand, acquisitions (implemented with a solid acquisition strategy) can be a powerful and effective way to achieve that. However, acquisitions are a complex process complete with many legal, financial, and business details to sort […]
Business valuations are one of those tasks that many business owners plan on doing, but don’t always get to. There are many reasons why this may be the case. They can be fairly daunting, and many business owners don’t want to pay someone else to conduct a valuation for them. Plus, business valuations are mistakenly […]
Although it’s not the most exciting or desirable part of running a business, planning your exit strategy is one of the most important things you can do for yourself and your business. An exit of some sort is inevitable for every business owner. However, the key to making things run smoothly is to start thinking about […]
In our last article we discussed various types of business loans, and gave capital advice, that might be useful for your small business. We also spent some time talking about start up business loans. We discussed the importance of having a financial plan and of giving yourself and your business plenty of time to grow […]