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What Marijuana Legalization Means for Multi-State Employers
On July 1, 2021, marijuana became legal for adults (21 or older) in Virginia to use and possess, albeit with some important restrictions. In total, 18 states, 2 territories and the District of Columbia have legalized small amounts of marijuana for adult recreational use.
I recently wrote an article, Employers: Ready or Not, Marijuana Legalization is Here, geared toward Virginia…Read More -
Thought Leadership Derived From Switch: How to Change Things When Change is Hard
Most days, barring any injuries or illnesses, the first thing I do in the morning is exercise.
It is my fuel, it is my medicine, and it is my signal to start the day. While this has been my routine for at least 20 years, there is still a lot of bargaining that happens when that alarm goes off.
First,…Read More -
What to Do When Your Best Employee Quits: Rich Reinecke Discusses with Fast Company
Rich Reinecke, Co-Managing Partner at Fahrenheit Advisors spoke with Fast Company about a question executives are asking more frequently amid the "Great Resignation."
What do you do when your best employee quits?
"It can be very emotional, initially," Reinecke says. "Sometimes you’re angry. Sometimes you’re scared.”
And what happens next can have serious repercussions on the business.
Read the article…Read More -
Fahrenheit Advisors Deepens Consulting Bench and Marketing Team
RICHMOND, Va. (Aug. 3, 2021) - Fahrenheit Advisors announced the addition of 10 new employees to expand consulting teams and bolster marketing communications as the firm experiences accelerating growth across its markets.
Fahrenheit, headquartered in Richmond, Va., is a middle-market advisory firm that helps companies overcome challenges and find the straightest path to growth. Consulting, fractional, and interim service lines…Read More -
5 Common HR Mistakes Made by Small Businesses
Sometimes small firms have the best intentions but don’t always know the HR mistakes they make. Here are five of the common HR mistakes small companies make and the risks associated with them.
If you do not have an employee handbook, it’s time to put one in place. Having a handbook will document company procedures and benefits for employees…Read More -
Updated: Five Monkeys in a Cage (And One Important Business Lesson)
The American economy is absolutely roaring.
Q1 2021 GDP growth was a better-than-expected 6.4% while adding 916,000 jobs. Who could’ve guessed last summer that a legitimate risk to American businesses in 2021 was being unprepared for a revenue surge?
For many organizations, there will likely never be a greater chance of leaving money on the table than right now. I…Read More -
Employers: Ready or Not, Marijuana Legalization is Here
On July 1, 2021, marijuana becomes legal for adults (21 or older) in Virginia to use and possess, albeit with some important restrictions. The new rules also make Virginia the 13th state to extend employment protections to medical marijuana cardholders.
Virginia employers will have to address what they can do if an employee is suspected of being impaired at…Read More -
5 FACETs to Digital Payments That Can Grow Your Business
Digital payments and accounting have served as a lifeline for many small businesses during the pandemic, allowing them to receive and send money without relying on checks, cash or credit card machines. This era will serve as a turning point in digital adoption among SMBs, from restaurants and breweries, to boutique clothing stores and even property management businesses.
Digital payment…Read More -
Go Beyond a Job Description to Attract Top Talent
The red-hot job market puts job seekers in the driver’s seat, a sudden role reversal that has whiplashed employers into a new reality.
Gone are the days when a sunny job description was enough to bring top candidates into the hiring process. Today, with tier one talent often evaluating several offers, employers need to show more of their cards up…Read More -
How to Navigate a Post-COVID Business World With Change Management
When a company implements new software, brings on new leadership, or goes through a merger or acquisition, management typically has a playbook on how to manage the change. In the past 15 months, the business world saw change it had never seen before – and most playbooks became only partially relevant. Workplace changes brought on by COVID-19 were abrupt, monumental,…Read More -
Why Your Talent Strategy Should Embrace Remote Working
The first digital nomad I met was outside of Phuket, Thailand, in 2016.
I had never heard the term but fell in love with the concept and fervently wished it had been around earlier in my career. To be a digital nomad, all you needed was a laptop and a decent network connection. In more than 15 developing countries that…Read More -
Entrepreneurs: Get Your Financials Ready to Scale Your Business
As an entrepreneur, you wear multiple hats. You’re tasked with understanding the basic financial aspects of your business, especially in the early days. In fact, when starting a company, many owners manage their own books out of necessity. Sound familiar?
Unfortunately that only works for a while.
As your business grows, things can get out of hand — quickly.
To…Read More