Are you monitoring external threats to your business?
Even when the economy looks strong, complacency is not an option. Disruptions continue across many sectors. Dry cleaners have been negatively impacted by the rise of fast fashion; yet leading fashion retailers like H & M are holding billions in unsold clothing. Ongoing competition among grocery markets is impacting smaller regional chains like Winn Dixie. Even icons like Tesla and Gibson Guitars are facing headwinds. Survival is never guaranteed.
Asterion’s consultants are well-versed in assisting businesses that are facing obstacles. If you need help to manage a disruption, consider contacting us.
If divorce and retirement intersect, how will you respond?
The divorce rate among Americans over 50 has nearly doubled in the past 25 years. Ending a marriage when you are close to retirement can be complicated. Alimony, as well as the division of assets, may have a significant impact on the timing of your retirement, as well as on the amount of your retirement savings you retain.
The staff of Asterion is experienced in analyzing and valuing marital assets. If you are considering the financial impact of a divorce, we may be able to assist you. (And if you’re lucky enough to remarry later in life, don’t forget that thoughtful estate planning might make it easier for grown children to welcome your new spouse.)
Trends We’re Watching
State Courts and Securities Cases
A recent unanimous U.S. Supreme Court decision affirms state authority over class actions in securities matters.
On the Lighter Side: Dining In
Here’s a reason to eat in more often, and some help for cooking at home: a guide to the produce aisle and nutritious meal rankings. If you decide to go with the corn dogs instead of kale, you may want to serve them with the newest condiment.
The Thread Recommends: Knowing all the data Facebook and Google have about you.
Spotlight on Distressed Business Services
Asterion, Inc. (“Asterion”) has extensive experience providing consulting services to businesses that are in financial distress.