Managing your Finances

By Eric R. Nelson, CPA MBT is the President of the Eden Prairie based accounting firm of Eric R. Nelson CPA, LLC. Monitoring and managing your cash flow is important for the vitality of your business. The first signs of financial woe appear in your cash flow state­ment, giving you time to recognize a forth­coming problem […]

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Getting out of your Comfort Zone

By Nicole Middendorf, Prosperwell Financial What’s comfortable when it comes to your money? Ignoring it? Wishing you had a different financial situation? Wishing or hoping your life will be different is generally not going to change anything. You need to get out of your comfort zone and get a plan. My life dramatically changed 3 […]

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Planning for the Future

By Nicole Middendorf, Prosperwell Financial I want to share with you a very scary statistic. According to a recent study commissioned by the Transamerica Center, only 8 percent of working American women believe that they’re committing enough to their retirement savings. Nearly one third of the women surveyed claim to “never” talk about the subject […]

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Kids and Money

By Nicole Middendorf, Prosperwell Financial It is so important to talk to your kids about money.  I love it when my clients bring their kids into my office to meet with me and talk about money.  Sometimes kids will listen to me about how to save and invest money rather than their mom or dad.  […]

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Closely Held Businesses and Compensation Plans: How to ARM Your Select Employees for Success

Closely Held Businesses and Compensation Plans How to ARM Your Select Employees for Success Provided By:  Brian Kelly, Northwestern Mutual Most business owners would love to have employees who are as passionate about the company as they are. It makes sense: The future of a closely-held or family business depends on how securely its select […]

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A Need-to-Know Checklist on Long-Term Care

A Need-to-Know Checklist on Long-Term Care Provided By:  Terence R Mc Tigue, Northwestern Mutual  Long-term care planning is a particularly relevant issue in this economic environment of market volatility and rising financial concerns.  When people experience difficult times, we tend to take stock of our fundamental needs and re-focus our attention on the basics. You […]

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Four Best Practices for Working with Your CPA & Banker

By: Sherri A. Roseen, CPA, CGMA, Froehling Anderson, Ltd We hear the phrase “best practices” throughout the business world in many different situations.  Working with your CPA and banker is no different.  Here are four best practices to help strengthen your relationship and your business: Keep Your Advisors Updated Keep your advisors in the loop on […]

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Pivotal Year In Terms of Tax Law Changes

by Eric Nelsen   This is a pivotal year in terms of tax law changes, specifically for business owners and taxpayers at the higher income levels. The 2013 tax changes will undoubtedly result in an increase in overall tax liabilities for individuals in the upper income brackets. This is why it’s going to be even […]

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