The New Year is always a good time for reflection. We touched on this point in last month’s newsletter. It’s often a time when we look back and wonder where the time went. (more…)
Posts Tagged ‘business survival’
Get Wireless, Stay Wireless
What does it actually mean to be wireless? 3G/4G, WiFi, Bluetooth, Hot Spot, USB – these are all different ways of staying wireless and connected on your smartphone or laptop computer. (more…)
Don’t Let “Sunk Costs” Lead To Poor Decisions
Emotions add zest to life. They propel us to our feet when our favorite running back scores a touchdown. They warm us at an inspirational concert or movie. But in the realm of business and investing, emotions sometimes hinder good choices. In fact, businesses and individuals often let emotions dominate the decision-making process. (more…)
Protecting Your Company Is In Your Hands
2011 has been a tumultuous year. We have seen plenty of evidence of nature at its worst and the economic decisions made by various parties haven’t made for a jubilant time either. (more…)
Rewarding Long Term Clients
Client loyalty is not to be overlooked – at any time of year – but during the holiday season it is opportune to show a little extra appreciation for those who keep your business alive. (more…)
New Business: IRS Issues Guidance On Cell Phone Use By Employees
Previously, the Small Business Jobs Act of 2010 eliminated strict substantiation requirements for business use of employer-provided cell phones. Now the IRS has issued new guidance on the tax treatment for employees. (more…)
Don’t Be Everything To Everyone
In order to thrive it is not enough to survive but grow. But a growth strategy doesn’t necessarily have to be a high risk strategy. Too many company owners embark on an unnecessarily dangerous journey by trying to be everything to everyone. (more…)
Draw A Line In The Sand
Often our biggest constraint in business is ourselves. We try to personally take on the expensive tasks that would normally need to be outsourced so that we can preserve our cash resources for other needs within the business. (more…)
Make The Right Pricing Decision
In business, making pricing decisions is always tough — and even more so when the economy is slow and sales are slipping. It’s tempting to cut prices hoping to generate higher sales volume. But sometimes that just produces lower margins on a low volume. What do you do if you’re being squeezed by cost increases? Can you increase prices in a slow economy? How do you respond if your customers complain? Can you justify holding prices steady if your competitors cut their prices? (more…)
