The Weinstein Effect: Protecting Your Business, Employees From Sexual Harassment

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Workplace sexual harassment is a risk every entrepreneur must be informed of and manage. The Harvey Weinstein Effect Starting with the floodgates that opened with the alleged egregious actions of Harvey Weinstein, headlines across the U.S. feature claims of sexual harassment, assault and misconduct with news stories literally breaking by the hour on some days. Last week […]

Protecting an Entrepreneur’s Greatest Asset – Their Team

Mitch Pisik, Executive Coach to High Performing Entrepreneurs

The most successful entrepreneurs we serve build their success through a combination of their own hard work and by building, leading and keeping high performing teams. In this special guest post, entrepreneur business coach and consultant Mitch Pisik shares an executive summary on protecting one of your business’ greatest assets, its people. Ike Devji A Company Is Known […]

Bad Legal Advice on Insurance, LLCs Can Wipe You Out

Business owners, doctors and entrepreneurs are often targeted with asset protection sales pitches from unqualified advisors. Let’s review some of the questionable advice you are getting and how to qualify your advisors. The (not so) Magic Umbrella Policy I was recently contacted by a physician with seven figures in exposed home equity and other significant […]

Protect Your Business or Medical Practice From Internal Fraud

Fraud Internal

Business and medical practice owners and managers must be aware of internal fraud and embezzlement that often capitalizes on recurring year-end cycles in revenue, spending and inventory and a lack of regular oversight. I covered some of the external fraud scheme you face at year-end in another discussion including a detailed look at invoice fraud.  While I provided […]

Asset Protection: What Your Umbrella Policy Covers

Understanding the Vital Role of Your Umbrella Policy (And Why It is Not Enough On It’s Own)   Financial columnist Steve Savant interviews asset protection attorney Ike Devji on Asset Protection Strategies for Business owners and entrepreneurs.

Asset Protection VITAL When Selling Your Business

  Asset protection, perhaps counter intuitively, is just as important for entrepreneurs who are selling their businesses as it is for those who are running one. In fact, “selling a business” is one of my “risk factors” listed in the chart below. Most so-called succession and exit planners focus only on the deal terms, taxation, the valuation, estate planning, life insurance sales and where your sales […]

Asset Protection Mistakes Part 2: Interview With Attorney Ike Devji

In part two of a five part, plain English discussion of the common fatal mistakes of Asset Protection planning, lawyer Ike Devji and financial expert Steve Savant discuss why traditional estate planing alone won’t protect your wealth and why many successful people defeat their own planning by using the wrong tools or putting “too many […]

Negative Publicity: Crisis Management for Businesses, Medical Practices

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Issues in the news like the recent Ashley Madison data dump prove how negative publicity related to your practice or  the personal activities of any of its owners or employees, can have devastating effects on your professional reputation and financial solvency. Regardless of the cause, every business and medical practice owner and manager should understand some PR crisis […]

Year-End Tax Plan Sales Targeting Doctors, Business Owners

Year End Sales Hustle

The last quarter of the year is historically an active time for physicians and business owners and their tax, legal and financial advisors. Given increased regulatory issues, I.R.S. scrutiny and increased fraud, it’s vital that you do some basic due diligence before you pull out your checkbook. Doctors are heavily solicited for a variety of tax and […]