Promoted CFOs Face Challenges as CEOs

Promoted CFOs Face Challenges as CEOs

Many chief financial officers (CFOs) have the potential to become successful CEOs due to their unique understanding of the business. Surprisingly, though, the chances of promoted CFOs outperforming as CEOs are quite slim compared to their counterparts. According to a...
Hobby vs. Business

Hobby vs. Business

When it comes to taxes, the distinction between a hobby and a business can have significant implications. While expenses related to a business are tax-deductible, hobby expenses are not. This distinction has led the IRS to closely monitor the line between the two. If...
The Benefits of a Four-Day Workweek

The Benefits of a Four-Day Workweek

Senator Bernie Sanders, an independent who aligns with Democrats, has advocated for more businesses to adopt a four-day workweek. He believes that with advancements in technology and increased productivity, it is time to move towards a shorter workweek without a...
Top Ways to Recession Proof A Business

Top Ways to Recession Proof A Business

More than 50% of our workforce comes from small and medium-sized businesses. (SMBs) as they are called, play a major role in our economy due to job creation. They are essentially the “backbone” of the American economy which is why it is important to protect them...

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