SNJ Business People

  Business people involved in customer relations are familiar with the golf outing as a key relationship tool.
   While those that “play” together often improve their chances of doing business together, not everyone plays golf. Some don’t like the game and others, like me, simply have no aptitude for it. Being the one person in the foursome who can’t hit the ball isn’t my idea of fun, but what’s a business person to do?

  Well managed companies employ many tools to optimize financial performance, some of which can be very sophisticated.  However, most of these fall within the basic “blocking and tackling” of financial management.
  Invariably, entities that underperform or experience fraud or some other impropriety will have failed in at least 2 of these categories.   And the price of failure can be harsh.  Many companies when they experience a negative event - a fraud perpetrated by an employee or a significant misstatement of their financial statements may be forced into bankruptcy or may be forced to merge or restructure against their wishes.

  When it comes to our health we all know the importance of seeing our doctor for a periodic checkup.  Preventive care and early detection of a potential health risk is critical to an individual’s overall well being.  When it comes to the health of your company, it is equally important to communicate with a business lawyer for a periodic “legal checkup”.

  The sweet sleepy warmth of summer nights, when we were gazing at the distant lights, has come to an end. And, although Chad and Jeremy may be a thing of the past, this summer we also found out that all bad things must come to an end. Okay, the lyrics of the old song say “all good things must end”, but we are talking about the recession here, and the data are telling us it is just about over.  

  If you’re like most business owners, reading and understanding your property and casualty insurance contracts is very low on the priority list. Hey, that’s what you pay an insurance agent for, right?
  It’s fair to expect your insurance agent to inform you of everything that affects your insurance protection, but that is not always the case. Often you will notice a statement similar to the following on the proposal: “This proposal is written in layman’s language. The actual insurance contracts should be consulted for specifics of coverage and will be used to settle claims.”  This statement is meant to transfer some responsibility to the business owner to read and understand their insurance policies.