Should I Switch My Business to a C Corporation?
For the first time in a decade, the top tax rates for individuals and corporations are not equal. At the beginning of this year, the top individual tax rate returned to 39.6%, while the top […]
For the first time in a decade, the top tax rates for individuals and corporations are not equal. At the beginning of this year, the top individual tax rate returned to 39.6%, while the top […]
One rep on your current sales staff stays at or above quota, while the other has a difficult time consistently achieving the sales goals. Recently, you decided to hire a third salesperson. As soon as […]
Weathering the financial liquidity crisis of the past few years has reinforced for many financial executives an important maxim – don’t underestimate the role cash plays in the organization. What’s more, it has finally shifted […]
Automated Expense Management For many business owners who track and report expenses for business travel and entertainment (T&E) using traditional methods, the process can be a time consuming and frustrating one. These antiquated processes come […]
The small business environment is now more challenging than it has been in many years. Gone are the days of growing your business with hard work alone, as in today’s new business climate, entrepreneurs must […]
Business owners and chief executives invest much of their lives working toward new heights and aspiring to be at the top, yet they rarely consider any negative aspects of reaching their ultimate goal. When those […]
What You Can Learn From My Mistakes… I did what everyone that has ever worked in corporate America dreams of—I quit. I walked right into my boss’s office at a large and well-respected PR agency […]
Choosing a healthcare plan for your business can be a difficult and laborious task. The dramatic rise in health insurance costs, coupled with new and more stringent governmental regulation, is cause for small business owners […]
I’ve been an entrepreneur all my life, and I absolutely love it. Creating a business from scratch that develops products and value for customers is always a big deal. I truly get a charge of […]
If I ever stopped to think about my “so-called” largest competitor, I would be paralyzed with fear. […]
Warren Buffet maintains that some of his greatest lessons came from his greatest failures. We all make mistakes and I hope that by sharing some of mine, I’ll become more tolerant of others’ mistakes and, […]
Of all the core skills required to be a successful business leader, clear communication is by far one of the most essential. Business owners communicate with a wide range of people on a daily basis, […]
Is it just me, or is a year shorter than it used to be? Before you know it, another year has come and gone on the calendar. And, of course, with every new year comes […]
Cash management is the most important part of any business process—indeed, it keeps 17 percent of business owners awake at night—yet many fall behind, put off following up, and worry about negative customer relations impacts. […]
The federal government can be a dependable source of revenue for small businesses eager to grow when private sector budgets are shrinking and financing can be challenging to secure. The federal government may not be […]
Advisory boards offer great opportunities, not just for your company, but for the advisory board members, as well. The formation and operation of an advisory board takes time and money, but if done properly it’s […]
In this prevailing economic climate, as companies look for ways to access cash, one method to relieve pressure and free up additional cash flow is to restructure the debt of your organization. This gives your […]
In The Sound of Music, Julie Andrews famously admonished her charges through song with “…start at the very beginning.” In business planning, however, this isn’t a “very good place to start,” as the lyric states. […]
Small business owners can take advantage of barter networks to do more with less in difficult economic times. As small business owners continue to look for ways to grow during tough economic times, many are […]
Can Small Retailers Really Compete with the Likes of Superstores? YES! Many independent retailers become discouraged when major superstores begin taking chunks of their market. However, there are ways smaller retailers can adapt and find […]
What your financial statements tell you – and why you should listen As businesses face yet another season of tepid market demand and tight credit, having access to accurate and timely information about your company’s […]
After many years in global business, I’ve noticed that companies get into trouble when they have a false belief that simply expanding the domestic execution strategy will translate into a successful international expansion. Companies face […]
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