Blog

Structuring a Compensation Plan

Are you overwhelmed with the thought of hiring a new employee?  Do you know what the current salary is for the position or how to structure a compensation plan? At Coveted Financial we often meet monthly with our clients to strategize and implement new procedures. At one of our most recent meetings with a Chicago […]

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Join Coveted at FabTech Expo

*Graphic from fabtechexpo.com. FREE Expo Passes!  Visit Coveted at Booth C40839 FABTECH provides a convenient venue where you can meet with world-class suppliers, see the latest industry products and developments, and find the tools to improve productivity, increase profits and discover new solutions to all of your metal forming, fabricating, welding, and finishing needs. The […]

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Case Study: Moving Your Commercial Real Estate Mortgage

Client:  The Client is a profitable Chicagoland manufacturing company in operation since 1995. They continue to experience increasing revenues as well as profitability. The Client purchased their current building in 2006 of which they occupy 55% and rent out the remaining space to separate tenants. Problem: After their long-time banker left their current financial institution, […]

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On-Time Financial Statements

No matter what type of business you are, having current financial statements is important on so many levels.  Not only does it provide an accurate overview of the business, it allows for quicker decision making by owners and business vendors.  Many times when organizations need vendor services, primarily banking services and products, the first thing […]

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Generational Transitioning of Businesses

Last week we discussed the Annual Family Meeting service Coveted offers for all it’s retainer clients, along with generational transitioning of businesses.  Coveted has vast experience in helping clients shift their business(es) to their children or other family members. In most cases transitioning businesses over generations happens over an extended period of time.  Sometimes 18 […]

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