Author: William Rogers Co.

8 Ways Businesses Can Survive Inflation or Recession

Inflation has risen like a wave, and a recession may be here. How can your business survive? Here are some tips. How Inflation Affects Small Businesses Inflation isn’t great for small businesses and affects them in many ways. Most small businesses have to raise their prices during inflation to keep up with the rising expense… Continue reading 8 Ways Businesses Can Survive Inflation or Recession

Tax Rules for Hybrid Travel

Wondering about combining business and leisure on your next getaway? Tax rules for hybrid travel can help you achieve the benefits of claiming business expenses while also enjoying some personal downtime while away. The term “bleisure” was widely adopted and used prior to COVID-19 but has suffered since with the lack of travel. Many millennials… Continue reading Tax Rules for Hybrid Travel

How Does Labor Shortage Affect The Economy?

The United States is currently experiencing a mass labor shortage that many link to the COVID-19 pandemic. Remote work environments, pandemic anxiety, and stay-at-home orders caused many workers to leave their jobs, and that trend continues today. In May alone, over 4 million people willingly left their jobs.  The current labor shortage is affecting the… Continue reading How Does Labor Shortage Affect The Economy?

Beneficiary Designations Mistakes To Avoid

One of the most basic functions of estate planning is naming beneficiaries. Surprisingly, this can be more complex and require more ongoing maintenance/review than you might think. There are common beneficiary designation mistakes you will want to avoid. So, while it is easy to initially tell your advisor who you want the estate to pass… Continue reading Beneficiary Designations Mistakes To Avoid

How To Stay Relevant In A Changing Business Environment

It happens more often than you think. Seemingly successful businesses, even market segment leaders, experience customer-driven reversals and become nonexistent. BlockBuster Video and Toys R Us are two prime examples of organizations that became irrelevant. They lost touch with customer buying trends and the technology that enabled those trends. They remained brick and mortar companies… Continue reading How To Stay Relevant In A Changing Business Environment

How Businesses Can Overcome The Labor Shortage

For the past two years, most businesses, particularly small businesses, have been hit with challenges not seen in nearly a century. The COVID-19 pandemic created conditions that test a small business’s ability to survive profitably. Supply chain shortages, masking, stay-at-home orders, remote working, and now The Great Resignation is causing a serious labor shortage. Nobody… Continue reading How Businesses Can Overcome The Labor Shortage

Preparing For The Great Wealth Transfer

Over the next decade or so, Baby Boomers will be passing on an estimated $30 trillion to $68 trillion in wealth to their Millennial adult children. This will be the most significant transfer of wealth in American history, and some believe it will create an Alpha class of big spenders. It is anticipated that the… Continue reading Preparing For The Great Wealth Transfer

Reasons Why Your Business Might Delve Into The Metaverse

Do you consider yourself an early adapter? Has your business entirely, or nearly, transitioned to digital? Do you believe that maintaining your edge on the competition relies, at least in part, on staying current with technologies applicable to your industry? Is innovation, not just process improvement, a core value? If you answered yes to any… Continue reading Reasons Why Your Business Might Delve Into The Metaverse

Estate Planning: The Legacy Trust

Generally after tax season, there comes a time when you realize that a lifetime of hard work, saving, and cautious investment has resulted in your accumulating wealth. You may think it is too early to worry about what happens to it after you are gone, but it is never too early to consider estate planning.… Continue reading Estate Planning: The Legacy Trust