Can you believe that half of 2025 is over? The first half of the year has been one of uncertainty for small businesses. Tariffs, inflation, and … Read more about Mid-Year Business Planning for 2025
Business Planning in a Period of Uncertainty
Today’s economic climate has many moving parts—tariffs, interest rates, pending tax changes, changing consumer preferences. They combine to create a … Read more about Business Planning in a Period of Uncertainty
9 Smart Financial Decisions for Business Owners in Retirement
Retirement hits a little differently for business owners. Unlike traditional employees, your exit isn’t marked by a clean handoff or a gold watch—it … Read more about 9 Smart Financial Decisions for Business Owners in Retirement
Growing Your Business with a New Business Plan for 2025
Several years ago, a Harvard Business Review study found that having a business plan makes you more likely to succeed. “Entrepreneurs who write formal … Read more about Growing Your Business with a New Business Plan for 2025
Growing Your Business—Adding New Physical Locations
Continuing our series on growing your business…one way to do it is to add new locations. Many large corporations have found this a profitable action. … Read more about Growing Your Business—Adding New Physical Locations
Ensuring Business Longevity: What Are the Essential Steps to Follow?
Considering the rapidly dynamic nature of the current market, business longevity is critical for entrepreneurs and established business owners. … Read more about Ensuring Business Longevity: What Are the Essential Steps to Follow?
Know Your Risks and Mitigation Strategies
I think small business owners are the bravest people. They face a myriad of risks, any one of which can undermine the viability of their businesses. … Read more about Know Your Risks and Mitigation Strategies
Succession Planning for Your Family-Owned Business
SCORE defines a family-owned business as “Is one in which any two or more family members operate the company, and the majority of ownership or control … Read more about Succession Planning for Your Family-Owned Business
10 Things to Do for Your Business Now
For many businesses, summer is a slow time. Customers and clients may be on vacation, and you may have time on your hands. Don’t waste this time. … Read more about 10 Things to Do for Your Business Now
PEST Analysis and What It Means to Your Business
What is PEST analysis? It’s not an examination of whether there are ants or rodents on your premises. PEST stands for Political, Economic, … Read more about PEST Analysis and What It Means to Your Business
Recession-Proofing Your Business: Making Strategic Plans
Each year for the past several years, I’ve run a series of articles throughout the year on a single main topic and this year will be devoted to … Read more about Recession-Proofing Your Business: Making Strategic Plans
Start Your Year-End Planning Now—Part 1
It’s never too early to think ahead, so now—the beginning of the fourth quarter of 2022—is a great time to begin year-end planning. The goal of this … Read more about Start Your Year-End Planning Now—Part 1
Business Owners Need to Plan for Personal Catastrophe
Much emphasis is placed on business planning and what a business should do if there’s a catastrophe. Hopefully, business owners have done this in the … Read more about Business Owners Need to Plan for Personal Catastrophe
Slash Your Federal Tax Bill with Income Tax Credits
A tax credit is a dollar-for-dollar reduction of tax liability. During COVID-19, much attention has been focused on employment tax credits for paid … Read more about Slash Your Federal Tax Bill with Income Tax Credits
Business Owner’s Planning for Personal Catastrophe
You can’t know in advance when a personal catastrophe—serious illness or accident to you or a close family member, a divorce, or a death in the … Read more about Business Owner’s Planning for Personal Catastrophe
