By Shayne Bevilacqua, MBA | 10-30-2017

When you are looking to increase your profits, many business owners consider two main strategies. The first is costs – how can they reduce costs to increase profit margins. The second is sales – how can they improve sales to earn more revenue and sell more products. While these are good options; they do carry […]

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By Shayne Bevilacqua, MBA | 10-16-2017

Accounting firms are generally good at finding ways to maximize their returns on investments without selling more, and they do this through a variety of tactics. If you are looking to generate more return on your accounting firm’s investments, you could implement some of these tips. Stop Charging By The Hour Charging by the hour […]

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By Shayne Bevilacqua, MBA | 09-22-2017

What insurance do you need if you manage a legal practice? While law firms tend to be careful about what they can and can’t say – that doesn’t mean they can’t make mistakes which can be costly to the business should a claim be made against them. Of course, how much cover your law firm […]

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By Shayne Bevilacqua, MBA | 08-22-2017

Many small business owners whose companies have a Commercial Policy for their business may think they can simply use that same commercial vehicle to make some extra cash by offering Rideshare services on their own time, especially if they use the company vehicle partially for personal use.  However, many insurance carriers are adding an Exclusionary […]

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By Shayne Bevilacqua, MBA | 08-17-2017

If you want to run a successful business there are many lessons you can learn from the most profitable law firms. It doesn’t matter if you are going to manage a law firm or another business, the way they operate can provide lessons to any industry. Here are three things that you can learn from […]

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By Shayne Bevilacqua, MBA | 08-03-2017

Healthcare is always changing to meet new demands by patients and to improve care already provided by professionals like yourself. Of course, it is hard sometimes to keep up with all the innovations released. Some, while great, might slip by without much fanfare. So, what are some of the best medical innovations which appeared in […]

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By Shayne Bevilacqua, MBA | 07-24-2017

The world is becoming increasingly digital and online payments are now an important part of a customer’s experience. In fact, if you don’t take online payments, people are less likely to buy from you. If you don’t currently take payments online, but are looking to provide this convenient service, what do you need to consider? […]

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By Shayne Bevilacqua, MBA | 07-12-2017

Business in theory seems easy; you’ve just got to generate more revenue than costs. However, what many people don’t realize is that the costs aspect of the equation can be challenging to calculate, such as the cost to acquire a new customer, known as the Customer Acquisition Cost. The Customer Acquisition Cost (CAC) is the […]

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By Shayne Bevilacqua, MBA | 06-19-2017

Remote working is the future it seems. According to surveys, business leaders believe that three-quarters of employees won’t work in a traditional office by 2020. This could mean they work from home or they operate on the go. In addition, more cloud-based applications are being used in businesses to help manage them than ever before. […]

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By Shayne Bevilacqua, MBA | 05-01-2017

The world is becoming ever more digital. We are spending more time on social media, and this is leading to court cases as people disagree over its use. In recent years there have been numerous landmark social media lawsuits that have had a profound impact on how social media can be used within your business. […]

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By Shayne Bevilacqua, MBA | 04-14-2017

The Final Market Stabilization Rule from Healthcare.gov According to Healthcare.gov, CMS issued final rule to increase choices and encourage stability in health insurance markets for 2018 The Centers for Medicare & Medicaid Services (CMS) issued the final Market Stabilization rule to help lower premiums and stabilize individual and small group markets, and to increase choices […]

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By Shayne Bevilacqua, MBA | 04-10-2017

Insurance is critical if you work in the health industry. A survey by the American Medical Association in 2010, found that 61% of physicians had been sued by the end of their career. Without the right insurance, you risk being financially responsible for any claims made against you, yet so many medical professionals make errors […]

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By Shayne Bevilacqua | 01-11-2017

Online reviews are important for businesses. Several studies and anecdotal case studies suggest that reviews are the driving force behind an increase in sales and higher purchase amounts. One study found that having 10 or more reviews increases the conversion rate by 54% for software companies. For legal firms, the importance of good reviews is […]

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By Shayne Bevilacqua | 10-03-2016

There is always a debate over whether organizations should hire contractors or employees. Both have advantages; however, when considering certain aspects, the benefits of hiring contractors can sometimes seem more worthwhile. Here are six reasons why a contractor might be a better choice for your business than an employee. 1. Flexibility If you have seasonal […]

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By Shayne Bevilacqua | 09-07-2016

  Most people don’t think of their office as an inherently dangerous working environment. After all, it isn’t like there are cars, heavy objects moving above heads or other external dangers that can threaten life and limb. However, the office environment does have some serious dangers. The top workplace injuries; back and neck pain, vision […]

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By Shayne Bevilacqua | 04-12-2016

Documentation is critical when you are running a business. Most organizations keep track of their invoices, expenses and other contracts for service in order as standard operating procedures. Business’ processes are often not documented, which can be a significant mistake and wreak havoc in your company. So here are the problems you can face when […]

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The world is becoming ever more digital. We are spending more time on social media, and this is leading to court cases as people disagree over its use. In recent years there have been numerous landmark social media lawsuits that have had a profound impact on how social media can be used within your business. […]

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Contracts are the cornerstone of business and life. We sign them every day, from making online purchases to signing business partnerships. Each contract should be carefully read to ensure that there are no terms that can place either party at risk. However, research has found that this is not always the case. Studies from across […]

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By Shayne Bevilacqua | 10-01-2015

October is National Cyber Security Awareness Month Professional Liability Insurance Group cares about your security and we want you to know the following tips to help protect yourself:          Secure your personal information always          Shred sensitive papers          Make passwords strong and long          Don’t open any email where you do not recognize the […]

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By Shayne Bevilacqua, MBA | 11-13-2015

Here’s a startling fact: In 2009 only 29% of American adults used Internet access on their mobile devices. Today? Ninety-one percent of adults use the Internet on their phone. As you can see, there has been a huge shift in the way consumers are using technology. This is why now is the time to shift […]

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By Shayne Bevilacqua | 07-23-2015

The year 2012 marked an important advance in health care with medical records migrating to electronic systems in a move that signaled the era of digital medicine. Since then, one has to only look at his or her phone to see the bevy of apps (Apple’s newest iOS comes with Apple Health) sprawled all over the digital landscape promising […]

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By Shayne Bevilacqua | 07-22-2015

In every workplace  — no matter the vocation — there exists a creative culture. Many business owners will default to the notion that their problem is finding good ideas, and not good people. There’s a bit of truth there: the idea is a keystone on which a successful plan is erected. But, just as a […]

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By Shayne Bevilacqua | 03-14-2014

If you don’t know by now (and you should), cyber crime is real.       This past May, five Chinese officials were indicted by a grand jury here in the states for stealing data from major U.S. companies like Alcoa and U.S Steel among others. In June, a Chinese businessman was arrested for hacking into the […]

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By Shayne Bevilacqua | 06-15-2014

If you’re reading this blog, there’s a good chance you have used YouTube at some point or another. And, if you have used YouTube, there is a possibility you have accessed one of the millions of instructional videos housed there that deviate from the norm (you know…cute cat videos, movie previews, music videos, etc.) Several […]

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By Shayne Bevilacqua | 08-19-2014

According to a report released this week by the Treasury Inspector General for Tax Administration (TIGTA), almost 65,000 tax-exempt organizations owe close to $875 million in back taxes to the federal government. Underlying this gross negligence in tax abuse is the fact that the IRS has seen a reduction in key enforcement personnel: a slashing […]

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By Shayne Bevilacqua | 06-20-2014

Remember when factory workers were more worried than, say, doctors that their jobs were at risk due to a robotic takeover? Those fears turned out to be somewhat warranted, yet the U.S. has managed to increase worker productivity by 3.7% per year for 60 years. In 2013, reporters from the Associated Press set out to […]

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By Shayne Bevilacqua | 12-08-2014

In part one of this series examining the impact of robotics in the modernization of the workplace (read here), I spoke about what the future of medicine might start to look like in 20 to 30 years. In his forthcoming book Beyond the Professions, legal futurist and professor Richard Susskind expounds upon the notion that […]

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By Shayne Bevilacqua | 09-08-2014

Life expectancy has been increasing for some time now, mostly due to the advances in the medical field that some of our greatest minds have conjured. As we progress in both our understanding of the human body and our mastery of technology, it’s only natural that we use our know-how to alleviate the medical conditions […]

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By Shayne Bevilacqua | 10-08-2014

Social media is one of the internet’s most powerful tools; it can help you promote your business, create brand awareness, and converse with consumers, along with a whole host of other functions that can take your office and spread its footprint on a global scale. As more and more social media platforms spring up in […]

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