Business Coverage
To Shred or Not to Shred
Every firm has documents that should be destroyed, not simply discarded. Documents must be destroyed because firms need to maintain confidentiality when dealing with employee, client or business records that contain personal or proprietary information. Furthermore, firms need to develop a formal document destruction policy that includes a schedule that is adhered to consistently. Read more »
Building Information Modeling and the Transition to Integrated Project Delivery
In its most basic form, building information modeling (BIM) is the move from analog to digital design and construction. It is a model-based technology linked with a database of project information. It is poised to fundamentally change the way projects are built and the way the project stakeholders communicate with each other. And while BIM is the vehicle that will lead the design and construction process into an integrated project delivery paradigm, it poses inherent risks. Read more »
Protect Your Income: Disability Insurance
Disabilities happen every day. According to the 2007 Disability Status Report published by Cornell University, 36.9% of Americans between the age of 21 and 64 are disabled. While these are not things we like to hear and talk about, these are numbers we cannot and should not ignore. Read more »
Straightforward Advice on Preserving Cash Flow During a Recession
Professional service firms need to set appropriate fees for their services and collect those fees to stay profitable. Regular billing and follow-up will open communication about a client’s concerns that could otherwise lead to a fee dispute. Implementing billing controls can minimize the risks that come with trying to collect on an unpaid invoice. Read more »
Security—or Uncertainty—What’s in Your Financial Future?
In today’s busy and fast-paced world, it’s hard enough meeting your family’s day-to-day demands…let alone looking at long-term needs. But the facts are that you may lack sufficient life insurance protection to ensure your family’s financial security. Read more »