Gary C. Smith, President, NAEIR Excess, nonmoving inventory is a common business problem that, fortunately, also contains its own solution. By donating that new, idle merchandise to charity, your business can earn a federal income tax deduction under Section 170 ( e )(3) of the U.S. Internal Revenue Code. The IRS Code says that regular C […]
Cut Your Taxes Using Your Excess Inventory Read More »
Bruce Madnick, CPA & Managing Partner, Friedman LLP Character should be a firm-wide priority regardless of industry. Having worked with clients in many industries over the years, I have come to realize that regardless of the space—retail, manufacturing, hospitality, e-commerce—the ones that were most successful didn’t merely pay lip service to character-related issues. On the contrary, they
Without trust in management, there is chaos Read More »
Shelley F. Hall, Managing Director, Catalytic Management When sales people fail to retain customers, the first thing to investigate is the signal management sends via compensation plans. Compensation plans tell the sales person where they should spend their time and effort. Human nature drives us to do what delivers rewards and money is a big reward. So
Losing Customers? Time to Examine Your Compensation Plan! Read More »
Gary Douglas When I first started out in business, I didn’t have any money – not anything! I was struggling. I was TRYING to create money. I was TRYING to be successful. Not succeeding; just trying. I had always been of the opinion that “someday I’ll get” or “someday I’ll have” and then I came
Create Your Future… Starting NOW! Read More »
Nikolaus Kimla, CEO, Pipeliner Sales Inc. The inner-workings of business can be a tricky game. Prospects looking to invest to any degree in your company must be skillfully shown their need for your product or service in such a way that they become convinced of it. It then turns into the ultimate chase of gently but
Closing Out The Competition Read More »
Kim Shepherd, CEO, Decision Toolbox As we kick off a new year, we have already started to see new hiring trends. In my opinion, the most crucial trend employers need to be aware of is the shift in hiring power. Nowadays, nine out of 10 employers still think it’s up to candidates to prove themselves
Retaining Great Talent Read More »
Victoria Treyger, Kabbage Everyone has great dreams of working for themselves but there are important steps to starting a business that you need to know in order to move your dreams to reality. Owning your own business means a lot of things, including freedom and flexibility. But starting your own business also means a lot
Eight Key Steps to Starting a Business Read More »
Nell Merlino, CEO of Count Me In Economists are predicting a year of economic growth for the U.S. economy but competition is tough for American businesses, especially for small businesses competing against a sea of big box competitors. It’s important to note that many of today’s small businesses are owned and operated by women. They
Tips for Business Growth in 2014 Read More »
Judd Hollas, Founder & Chief Inventor, EquityNet Just some years ago the term “crowdfunding” was a foreign concept to many people who didn’t understand this new and alternative way to access capital. However, today the word has now become a part of the everyday business vernacular. In fact, businesses last year raised more than 5.1 billion
Five Predictions for Equity Crowdfunding in 2014 Read More »
Richard Sheridan, CEO, Menlo Innovations The pursuit of joy in my company started as a personally selfish but noble journey. First and foremost, I wished to create the place I wanted to work. In my early career, as I rose through the ranks in a successful public corporation, I found myself in a trough of disillusionment.
How does a CEO create a culture of joy? Read More »
