November 4, 2020
BUSINESS INSURANCE POLICIES ARE NOT GET-OUT-OF-JAIL-FREE CARDS. Companies relying on Business Interruption or Property coverage – versus cyber-specific policies – for ransomware attacks or other cyber damages are running a risk. The glitch is the “ubiquitous ‘Act of War’ clause,... Continue
Weekly Report 20-92
October 31, 2020
CALIFORNIA THANKSGIVING COVID RESTRICTIONS –The ‘rules’ announced by Governor Newnut: “(1) All gatherings limited to three households, including hosts & guests, outdoors, lasting two hours or less; (2) Attendees may go inside to use restrooms, as long as they’re frequently... Continue
Weekly Report 20-91
October 25, 2020
88% OF REMOTE WORKERS PREFER TO REMAIN REMOTE and believe their productivity has been improved, according to latest Slack survey of 4,700 people across six countries. They also scored higher on “motivation and a sense of ‘belonging’ to their organizations.”... Continue
Weekly Report 20-90
October 22, 2020
THE PRESSURE ON NON-FAMILY BUSINESSES TO GENERATE SHORT-TERM PROFITS is often to the detriment of long-term performance, stability and Valuation. “Strong empirical evidence shows that companies seeking long-term results outperform in the interest of both investors & stakeholders,” and that... Continue
Weekly Report 20-89
October 20, 2020
PANDEMIC LOCKDOWNS HAVE FOSTERED THE COURAGE TO BEGIN MANY NEW BUSINESSES, either by necessity or in response to stir-craziness. Be aware that for tax-purposes: (1) HOBBY activities can generate taxable revenue without deduction for any related expenses. The primary test... Continue