Author Archives for Michelle Bomberger

Use Your Contracts to Improve Financial Flexibility

by | April 30, 2020

We all want to close deals quickly, without strife, and with financial flexibility. However, if professional relationships are just casual, you may lose that opportunity to improve cash flow and profitability. Don’t fear the best tool in your belt: Contracts. For businesses, formalized contracts are the most important tool to secure revenue and protect assets.... View Article

Contract Obligations

What If You Can’t Fulfill Your Contract Obligations?

by | April 2, 2020

As COVID-19 continues to dictate workplace culture and operations, business owners struggle with fulfilling their contractual commitments to customers. With limited staff, facility closures, and constant uncertainty, you may find yourself asking, “What if I can’t fulfill my contract obligations?” It all comes down to prioritization – In challenging times, we need to prioritize contract... View Article

Compliance

Is Compliance Keeping You Up at Night?

by | February 5, 2020

For most of you, business owners, compliance is not the primary cause of anxiety and sleepless nights. Instead, it is sales: “Will there be enough money to pay expenses or hit our profit objectives?” Next in line is risk, specifically legal risk: “I don’t know what I don’t know.” When it comes to compliance, you... View Article

Confused about Paid Family & Medical Leave

How Paid Family & Medical Leave Affects Your Policies

by | January 7, 2020

You already know about Washington’s new Paid Family and Medical Leave (PFML) law (hopefully!). You’ve been collecting premiums, reporting to Employment Security, and you’ve hung the necessary posters in the lunchroom. Each of these steps is necessary to comply with the new law. But have you addressed how this new law may affect, or even... View Article

Platinum Rule of Culture

The Platinum Rule of Company Culture

by | December 30, 2019

Culture eats strategy for breakfast Peter Drucker The Golden Rule vs The Platinum Rule I recently came across the idea of the “Platinum Rule” as compared with the “Golden Rule” while thinking about company culture. We’re all familiar with the Golden Rule: Treat others as you would like to be treated. The Platinum Rule is... View Article

Business Team

Who Are Your Helpers?

by | November 4, 2019

Leveraging your business’ helpers – your team, your professional advisors, and your accountability partners – will drive more engagement, direction, and success.