Business & Finance

Legacy Family Businesses Build Community

“Do you remember these businesses?” a trending post asks on Facebook as readers reminisce about popular South Florida mainstays that went the way of the dinosaurs. Sustaining a business for the long haul can be daunting, and the statistics for family businesses are not particularly optimistic. “About 30 percent of all family-owned businesses survive into the second generation. Twelve percent will still be viable into the third generation, with only three percent of all family businesses operating at the fourth-generation level and beyond,” according to the Conway Center for Family Business. Yet as South Florida has grown and matured, there […]

-Read More


Time for New Year’s Financial Resolutions

We’ve reached the end of another year – which means it’s just about time for some New Year’s resolutions. Would you like to study a new language, take up a musical instrument or visit the gym more often? All these are worthy goals, of course, but why not also add some financial resolutions? Here are some ideas to think about:   Increase contributions to your employer-sponsored retirement plan. For 2018, you can contribute up to $18,500 (or $24,500 if you’re 50 or older) to your 401(k) or similar plan, such as a 403(b), for employees of public schools and some […]

-Read More


Collaboration: How to Boost Success in 2018

Collaboration isn’t a new idea. You see it everywhere: Spotify + Starbucks Apple + Hermes The Global Fund + Gap: “PRODUCT (RED)” GoPro + Red Bull: “Stratos” At OneHope, we recognize the value of collaboration. We’ve seen success in our partnership with Evangelism Explosion to produce a program that has trained millions of children around the world to share their faith with millions more. OneHope’s collaboration with YouVersion produced the Bible App For Kids, which has become the #1 kids Bible app in the world. Lead Today, produced through our partnership with John Maxwell, is being integrated in high schools […]

-Read More


SunCap Partner Wadid Daoud Exemplifies Lifework Leadership’s Vision

“If you want something done, ask a busy person to do it.” This saying couldn’t be more true of Wadid Daoud, a founding partner of SunCap Real Estate Investments and several other ventures across the globe, including American Supply and U.S. Fibertech, Inc. Having attained a level of success in the business world, he’s equally involved in his church, community and family. While he’s always believed in bridging his faith with work, Wadid said his experience with Lifework Leadership, a program that examines the life of Jesus as the best example of leadership, rocked his view of how to live […]

-Read More


Smart Financial Moves for New Parents

If you’ve just had a new baby, your life is filled with more joy (but less sleep). You’re probably already aware of the time and effort you must invest in raising your child, but you may not have thought as much about another aspect — the financial one. Consider this: The average cost of raising a child to age 17 is now $222,360, according to a U.S. Department of Agriculture report on how much middle-income, two-parent families spend on their offspring. And this is the amount you might spend before your son or daughter heads to college. Clearly, you need […]

-Read More


Coral Ridge Presbyterian Church Plans to Launch LauderdaleLead

Businesspeople from all walks of life meet monthly at Boca Raton Community Church for BocaLead to enjoy a casual lunch and take away a few principles to help their professional life grow. This popular event, pioneered by Pastor Bill Mitchell, a businessman for 25 years, is now being offered in Fort Lauderdale beginning in September as LauderdaleLead. While BocaLead will take place September 7 at Boca Raton Community Church, LauderdaleLead will launch on September 21 at Coral Ridge Presbyterian Church, with Mitchell initially sharing the same lesson introduced at the earlier event. “The Heart of a Leader,” “Lead by Example,” […]

-Read More


When Do You Need a Financial Advisor?

Are you a “do-it-yourselfer”? If you can take care of home repairs, lawn work and other types of maintenance by yourself, you’ll save money and probably gain satisfaction. But you will almost certainly need some help in other areas of your life – one of which may be investing. In fact, you could benefit from the services of a professional financial advisor at several points in your life:Are you a “do-it-yourselfer”? If you can take care of home repairs, lawn work and other types of maintenance by yourself, you’ll save money and probably gain satisfaction. But you will almost certainly […]

-Read More


Can Money Buy You Happiness?

Many say that money can’t buy happiness; nearly everyone wants to test that theory. Most people believe they would become happy if they only had more money; however, lottery winners provide telling case studies of what happens when people’s financial dreams come true. The stories of financial ruin, divorce, misery and even murder of those who win lotteries seems to be the norm. We still believe money will make us happy. Many argue, like Jimmy Stewart in the movie “It’s a Wonderful Life”, when he asked the Angel Clarence if he had any money — the angel said: “we don’t […]

-Read More


Should Shoppers Boycott Companies That Don’t Uphold Their Values?

Many Christians have been looking more closely at the places they shop, concerned about the values the corporations’ owners endorse. Other Christians either choose to focus on issues more important to them or on the individual workers who could be harmed by a boycott. Complicating the matter for many is the difference between the approaches used by various groups: some groups directly encourage boycotts while others simply encourage being informed shoppers or consumers. Regardless of the approach, the intent is to prevent Christians from spending their money at a place that does not support their values. Some see this as […]

-Read More


Put that Tax Return to Good Use

So, what are you going to do with your tax refund? The average tax return is in the neighborhood of $3,000. Many people I meet with count on that refund to take a vacation, pay tuition or purchase something new. However, three out of 10 Americans (28 percent) expect to save or invest their tax refund, according to Bankrate’s new poll (’16). How you invest your windfall will be determined by how you plan for it . . . or neglect to plan. Here are some good ideas: 1. Build your emergency fund Without an emergency fund, just one surprise […]

-Read More