Archives: Insights
Dec 15, 2023
Article
‘Tis the Season for Online Shopping: How to Stay Safe While Shopping Online
In the age of one-click purchases and next-day deliveries, online shopping has become more than just a convenience—it's a way of life. Yet, as we fill our online carts with holiday gifts and everyday essentials, it's crucial to remember that cyberspace is also a playground for savvy cybercriminals.
Dec 15, 2023
Article
Mastering Market Volatility: Investment Strategies for Investors and Entrepreneurs
Market volatility – two words that can either elicit feelings of fear or opportunity depending on who you ask. It's the natural ebb and flow of the investment world. For some, these tumultuous times feel like riding a roller coaster blindfolded, not knowing when the next turn or drop will come. For others, it's a chance to seize new opportunities and redefine success.
Dec 14, 2023
Article
Keys to Risk Management: 10 Strategies for Protecting Your Business
Running a business is no small feat. Doing so during uncertain economic times compounds the challenge exponentially. While bringing value to your community and doing what you love is incredibly rewarding, it does not eliminate the stress and risk that comes with running a business. As business owners, we must be proactive in developing strategies to mitigate these risks to protect our livelihoods.
Nov 14, 2023
Article
Understanding the Dark Web: A Guide for Business Leaders
We often hear the term "dark web" thrown around. But what does it really mean? And more importantly, what do business leaders need to know? Let's shed light on this mysterious corner of the internet and understand its implications for your business.
Nov 13, 2023
Article
Forging Success: Flextur’s Evolution with Rea & Associates
In the dynamic landscape of manufacturing, Flextur stands out as a strategic partner, providing innovative solutions for the industry's ever-evolving challenges. Flextur is a metal manufacturer with a product offering focused on industrial workflow solutions, that enable manufacturing plants to thrive. They also extend their expertise through contract manufacturing, serving as strategic partners for Original Equipment Manufacturers (OEMs), focusing not just on parts, but on comprehensive solutions.
Nov 10, 2023
Article
Data-Driven Decision-Making for Manufacturing: Harnessing Big Data for Competitive Advantage
Staying ahead of the curve is essential to any business. To thrive in this competitive landscape, companies are turning to the power of big data analytics. Imagine removing the guesswork, having the ability to optimize production, streamline supply chains, and enhance inventory management – all at your fingertips. It's not just a dream; it's the promise of big data.
Nov 9, 2023
Article
The Digital Revolution: How Businesses Are Profiting from Paperless Accounting
In a world brimming with innovations and rapid technological advancements, it's fascinating to see how traditional processes evolve. Accounting, the respected language of business, is no exception. As businesses transition to digital landscapes, the realm of accounting has experienced a seismic shift. And the results? A world where efficiency, accuracy, and strategic insights are the order of the day.
Oct 26, 2023
Article
Ethical Employment: 4 Key Factors for Following Labor Laws
The recent national news about minors being employed in roles unsuitable for their age group has shed light on the delicate issue of hiring underage workers. As businesses strive to remain productive and profitable, the importance of adhering to labor laws and immigration regulations cannot be overstated. Not only is it a legal imperative, but it also speaks volumes about the ethical standards of your organization. Here, we'll delve into the role of minors in the workforce, the necessity of I-9 verifications, and the obligations your business owes when partnering with third-party staffing agencies.
Nov 8, 2023
Blog
Ohio’s Marijuana Legalization Update – Resources & Best Practices from Rea & Associates
Ohioans voted in favor of Issue 2, a significant change in the state's legal landscape, with approximately 57 percent of voters supporting the measure. This decision legalizes the purchase, possession, and cultivation of marijuana for adults aged 21 and older, along with the implementation of a 10% sales tax on these products sold at licensed dispensaries.
Nov 17, 2023
Newsletter
Benefit Insights | Fall 2023
On November 1, 2023, the IRS announced the Cost of Living Adjustments (COLAs) affecting the dollar limitations for retirement plans for 2024. In October, the Social Security Administration announced a modest benefit increase of 3.2%. Retirement plan limits also increased over the 2023 limits. Keep reading to learn more.