October, 2026 - Business Management Company

The Benefits of Increasing Your 401(k) Contributions Before the Year Runs Out

October 21, 2026 / by Brett Hess / Uncategorized

As 2026 draws to a close, your employer’s 401(k) plan may offer an opportunity to reduce your current income taxes while building your retirement savings — or to boost your future tax-free retirement income. If you haven’t been contributing, it may not be too late to start. And if you’re already contributing, increasing the amount […]

Make More Timely Business Decisions With Interim Financial Reports

October 9, 2026 / by Brett Hess / Small Business

If you decide to hire new employees, adjust prices or expand operations, you shouldn’t rely on financial information that might be months out of date. And this may be the case if your business generates only one set of financial statements annually. Interim financial reports can provide a fresher picture of operational performance and strategic […]

Working Teens Can Maximize the Power of Tax-Deferred—or Tax-Free—Compounding With an IRA

October 7, 2026 / by Brett Hess / Tax

Retirement is far from most teenagers’ minds when they get their first jobs. Most young people are more interested in spending their earnings or saving for a shorter-term goal. But those early earnings create a significant financial opportunity: decades of potential tax-advantaged growth. Even modest contributions to an IRA now can substantially multiply over time. […]

How Your Business Can Use AI to Strengthen Customer Service

October 6, 2026 / by Brett Hess / Uncategorized

These days, customers expect fast and personalized service and support from the businesses they patronize. AI can help you meet their high expectations without overburdening your employees. But as in other contexts, AI in customer service is usually only as effective as how it’s trained and used. To improve responsiveness and give employees more time […]

Consider an Installment Sale to Optimize Taxes When Selling Your Business

October 5, 2026 / by Brett Hess / Tax

Over the years, you’ve invested blood, sweat and tears into building a successful small business. Now it’s time to sell and move on to the next chapter of your life. What are the tax implications of selling — and how can you reduce or defer your taxes? One possible solution is an installment sale. How […]

Embracing Change this October

October 2, 2026 / by Brett Hess / Uncategorized

This month, BMC is focusing on the importance of embracing change. Change is inevitable. The world around us is constantly evolving through new technology, shifting expectations, and new opportunities for growth. What matters most is how we respond. While the tools we use may change, the values that guide us remain the same. Integrity, trust, […]