Moneybriefing: Workplace

In the realm of business, the only certainty is uncertainty. The landscape can shift dramatically in an instant—what was once a clear horizon can suddenly be obscured by unforeseen challenges. This is where a well-crafted Business Continuity Plan (BCP) becomes invaluable. At Global Advisers, we view a BCP not merely as a contingency plan but [...]

Financial emergencies, whether unexpected medical bills, job loss, or even day-to-day expenses like groceries or gas becoming unaffordable, can significantly impact an employee's financial stability and long-term savings goals. The importance of having accessible emergency savings has never been more apparent, especially as recent world events—from the pandemic to inflation—have brought to light the challenges [...]

At Global Advisers, we understand the unique challenges and opportunities that come with financing a start-up or small business. The right financing option can significantly influence your company's trajectory, making it crucial to choose wisely. Here's a comprehensive look at seven financing avenues, tailored to guide entrepreneurs toward making informed decisions. 1. Bank Loans Exploring [...]

The landscape of group health plan administration is evolving, particularly in the realm of mental health parity. The issuance of new federal guidance in July 2023 by the Departments of Labor, Treasury, and Health and Human Services marks a significant step towards enhancing the clarity and enforcement of mental health and substance use disorder benefit [...]

As a small-business owner navigating the post-pandemic labor market, you're tasked with making decisions that significantly impact your business's growth and sustainability. One pivotal choice in today’s environment is whether to offer a retirement savings benefit as part of your comprehensive employee benefits package. Here's why this decision is crucial: In the competitive landscape for [...]

At Global Advisers, we're committed to helping small business owners navigate the complexities of payroll management, emphasizing the critical distinction and handling of payroll taxes and income taxes. A thorough understanding and diligent management of these taxes are paramount for the seamless operation of your business. Payroll Tax Essentials Payroll tax primarily funds Social Security [...]

As small business owners, navigating the complexities of tax obligations while striving for financial growth is a constant balancing act. At Global Advisers, we specialize in equipping entrepreneurs with the knowledge and strategies to manage their tax liabilities effectively, ensuring their businesses thrive. This article delves into common tax-related challenges faced by small business owners [...]

At Global Advisers, we underscore the significance of establishing and nurturing good business credit for achieving sustained success and growth. Business credit not only reflects your company's financial responsibility and debt management skills but also enhances your ability to secure financing under favorable terms. Here’s a roadmap to laying a solid foundation for your business [...]

The spotlight on HIPAA compliance for health plans has intensified significantly, primarily due to the surge in data breaches exposing the vulnerabilities of health plan data. The Office for Civil Rights (OCR) mandates immediate breach reporting, providing it with an instantaneous insight into the security measures—or the lack thereof—within health plans. Such breaches not only [...]

At Global Advisers, we believe in the transformative power of storytelling in business. A compelling brand story is not just a narrative; it's an essential tool that encapsulates your company's essence, values, and journey, connecting deeply with your audience. Here's how to articulate your brand story, ensuring it resonates and inspires. The foundation of a [...]

In today's evolving workplace, employees are looking beyond the paycheck, seeking benefits that cater to their financial, emotional, and physical well-being. This shift is especially pronounced among younger workers, who believe that employers play a crucial role in supporting their overall wellness. Despite employers recognizing the importance of meeting these expectations, a significant gap persists [...]

Access to capital is a critical component for starting and growing a small business. At Global Advisers, we understand the challenges small business owners face in securing the necessary funding to fuel their ventures. This article explores the hurdles in obtaining capital and offers strategic advice on how small businesses can address these challenges, with [...]

At Global Advisers, we're deeply committed to guiding small businesses through the critical aspect of managing cash flow. Efficient cash flow management not only secures your business's growth and stability but also fortifies your brand's reputation and customer relationships. Here are seven effective strategies to optimize your accounts receivable and ensure a robust cash flow. [...]

As forward-thinking business owners, planning for the future is second nature, especially when considering the well-being of your employees. Offering an employer-sponsored retirement plan not only underscores your investment in your employees' futures but also enhances your company's appeal to prospective talent. At Global Advisers, we understand the significance of choosing a retirement plan that [...]

In the dynamic world of small businesses, financial planning is not just a practice but a cornerstone of sustainability and growth. With limited resources and high competition, small businesses must strategically manage their finances to ensure steady cash flow and revenue growth. This 650-word article delves into the importance of financial planning for small businesses [...]

Adequate cash flow is the lifeline of any small business, enabling day-to-day operations, fueling growth, and ensuring financial stability. At Global Advisers, we recognize the critical nature of cash flow management and offer insights into overcoming common obstacles, with an emphasis on the strategic use of fixed-income securities. The Critical Nature of Cash Flow for [...]

Promoting your business is essential for growth and sustainability. With the advent of digital marketing and social media, there are now more opportunities than ever to increase your visibility and engage with your target audience. Here's how to effectively spread the word about your services and products. Leveraging Local Listings Registering your business with Google [...]

Reaching profitability is a critical milestone for any business, yet understanding when this moment will occur necessitates a clear grasp of financial dynamics. The break-even point (BEP) analysis is an indispensable tool in this regard, enabling businesses to identify when expenses and revenues will balance out, marking the beginning of profit generation. Beyond just signifying [...]

Excessive debt can stifle a small business's ability to operate effectively and grow. At Global Advisers, we understand the critical balance between leveraging debt for expansion and managing debt to ensure financial health. This guide explores the pitfalls of accumulating too much debt and offers a strategic approach to managing and mitigating debt through careful [...]

Unexpected expenses can arise in various forms, disrupting the carefully laid financial plans of small businesses. At Global Advisers, we emphasize the importance of preparedness and strategic planning in managing these unpredictable financial challenges. Incorporating investing as a part of your financial strategy through a brokerage account can offer a buffer to absorb these shocks. [...]

In 2023, employee retirement plans faced market volatility and regulatory changes, benefiting from tech integration and a focus on ESG investing.