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Once upon a time, in the early 20th century, the leaders of growing national businesses like Procter & Gamble, Sears Roebuck, J.C. Penney, Pillsbury and many others realized that rewarding employees with stock ownership helped increase employee motivation and productivity. And thus employee stock ownership – a precursor to today’s modern employee stock ownership plans (ESOPs) – was born. Read More >
Issuing corporate credit cards to your employees can be a boon to your business, helping save employees’ time and helping keep corporate expenses in check. But there’s always a chance your employees will use these cards to make unauthorized charges. What’s more, if you don’t detect inappropriate or fraudulent card use soon enough, your business could be liable for those charges. Read More >
As hard as you’ve worked to build your business, wouldn’t it be tragic if it crumbled the moment you walk away? Yet that’s precisely the risk many business leaders face by failing to maintain a clear and current succession plan. Read More >