Goering Center News

How Proactive Engagement with Capital Partners Boosts your...

January 18, 2022

Historically, most business owners rely heavily on the advice of accountants and attorneys when making decisions critical to the financial success of their company. These partners, justifiably so, are integral to the success of closely held and family businesses and need to be involved. However, it is just as important to understand the potential value that can be added by capital partners during major financial decisions.

A Quick Introduction to SPACs

January 18, 2022

The last two years have brought big challenges and big opportunities to businesses—and to mergers & acquisitions. With Wall Street and Main Street adjusting to the (not-quite-post) Covid landscape, the economy has seen inflation, supply and demand shocks, and all-time highs on public equity indices. And in that uncertain climate, Special Purchase Acquisition Companies (SPACs), which are publicly traded companies created for the purpose of acquiring or merging with an existing company, have been enjoying time in the spotlight.

Rethinking Your Employee Benefits Strategy Can Help You Fight...

December 7, 2021

What’s a Sansdemic you ask? It means without people, or, in this case, without enough people. We were heading this direction prior to the pandemic. However, the shutdown created a situation where many baby boomers realized how much they loved working from home. Others realized they could afford to retire early, largely due to the additional savings achieved by having a two-income household compared to prior generations where one spouse often stayed at home. Additionally, at a time when there are record numbers of open job positions, government subsidies have caused many people to delay engaging in long-term careers.

ESOPs: The Gift that Keeps on Giving

December 6, 2021

As if every season of the year is a good time to talk ESOPs, surely the Holiday Season would be appropriate. ESOPs (Employee Stock Ownership Plans) provide eligible participants beneficial ownership in the Company at no cost to the employees. Depending on a number of factors, employees may be allocated shares annually.

Benefits and Insurance Considerations in a Changing World

December 6, 2021

The COVID-19 pandemic has created a seemingly endless list of new challenges for business owners. As the second quarter of 2020 began, many companies were scrambling to manage their business workflows, their IT capabilities, and maintain customer contact, all while making sure their employees were as safe and protected as possible.

Managed Print Services Is Key to Network Security

December 6, 2021

We live in a digital age, and printing remains an essential part of every business. Hard copies of information are still prominent, and finding a way to maintain printing access without depleting precious resources can be a real challenge. Managed Print Services (MPS) is a great way to address that challenge and implement solutions to combat them. MPS is also an important tool that can improve your network security. Here’s why Managed Print Services is key to network security.

The value of a strong work ethic

November 9, 2021

Actions and opportunities in one’s early years can have positive or negative effects in one’s later years. My work ethic was handed down to me by my parents, who encouraged both my brother and me to work hard and make things happen. In my early 20s, I had not yet heard of the word entrepreneur. I realize now, that out of the fifteen jobs I held at an oil company earlier in my career, ten of them were newly created positions. Even further back, at the age of 7 or 8, I sold pumpkins out of a red wagon in the neighborhood, and at the age of 13, my first “real” job was at a picnic grove where I took care of ponies.

Business Interruption Coverage and COVID-19: The Uphill and...

November 9, 2021

It goes without saying that the COVID-19 pandemic and resulting government-mandated shutdowns caused substantial harm to businesses nationwide, the effect of which is still being felt by many small to mid-sized businesses formerly classified as “non-essential.” Attempts to stay operational in the wake of the destruction wrought by COVID-19 left some business owners searching for financial life rafts, including the submission of insurance claims under their business interruption policies. Many business owners have assumed that the pandemic would meet the very definition of a “business interruption.” Unfortunately for policyholders, the majority of these claims were denied by insurers. These denials have forced policyholders to battle for coverage in court, which has proven to be an uphill battle. Below is an update on the status of these cases, including some insights into the courts’ decisions and what may come next.

Don't Settle

November 9, 2021

I have been in the insurance field for over 35 years, with the first 16 being with an insurance company. The remaining has been as an employee benefits consultant in the Greater Cincinnati area. I witness truly outstanding professionals in my trade each day; unfortunately, however, that’s not always the case, and anything less than outstanding is a disservice to the clients who engage them.

How to Attract and Retain Talent by Focusing on Financial...

November 8, 2021

Hiring managers are telling us that recruiting and retaining talent has been very difficult in the ongoing pandemic economy. Workers have plenty of options and many of them are reevaluating their career goals. For employers who are under pressure to find and keep the best people, the key may come from going beyond a competitive paycheck and offering a diversified benefits package that helps employees comprehensively improve their financial picture.

UC Board of Trustees approves Lindner appointments

November 8, 2021

The University of Cincinnati's Carl H. Lindner College of Business is proud to announce several appointments that were approved at the UC Board of Trustees meeting that took place on Oct. 26, 2021.

Lindner College of Business hosts African American Chamber of...

November 4, 2021

The University of Cincinnati Carl H. Lindner College of Business hosted the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC) in the Kautz Attic in Lindner Hall for the chamber’s monthly Exchange event in late October.