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Barbara Weltman

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economy

PEST Analysis and What it Means to Your Business

February 21, 2023 / By Barbara Weltman

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

January 5, 2023 / By Barbara Weltman

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

The Inflation Reduction Act

August 18, 2022 / By Barbara Weltman

The Good, The Bad, and The Ugly in the Inflation Reduction Act

On August 12, 2022, Congress passed the Inflation Reduction Act (I.R.A.), a $739 billion measure intended to bring down inflation, encourage green … Read more about The Good, The Bad, and The Ugly in the Inflation Reduction Act

5 Ways to Recession-Proof Your Business

August 11, 2022 / By Barbara Weltman

5 Ways to Recession-Proof Your Business

Are we in a recession, which is defined as a significant decline in economic activity or two consecutive quarters of GDP contraction (something we’ve … Read more about 5 Ways to Recession-Proof Your Business

Staying Positive

August 17, 2021 / By Barbara Weltman

Recovery Strategies: Staying Positive

It’s axiomatic that small business owners are optimists who, as Winston Churchill said, “see the opportunity in every difficulty.” Why else would they … Read more about Recovery Strategies: Staying Positive

Plan Your Holiday Sales Strategy

August 5, 2021 / By Barbara Weltman

Plan Your Holiday Sales Strategies Now

Kiplinger forecasts that the child tax credit payments being sent to parents each month from July through December will support more consumer spending … Read more about Plan Your Holiday Sales Strategies Now

How?

April 23, 2020 / By Barbara Weltman

How to Compassionately and Legally Break Promises to Your Staff

At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain valued … Read more about How to Compassionately and Legally Break Promises to Your Staff

Small Businesses and 5 Big Surprises

April 21, 2020 / By Barbara Weltman

COVID-19 and Small Businesses: 5 Big Surprises

In just a couple of months, the small business landscape has dramatically changed, in some instances forever. The medical impact of COVID-19 continues … Read more about COVID-19 and Small Businesses: 5 Big Surprises

Preparing for Economic Changes - Staying Alert

January 7, 2020 / By Barbara Weltman

Preparing for Economic Changes: Staying Alert

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”   - Jimmy Dean. No one knows how the economy … Read more about Preparing for Economic Changes: Staying Alert

ID 81060106 © One Photo | Dreamstime.com

December 6, 2018 / By Barbara Weltman

Preparing for a Recession

Why would you consider thinking about a recession when we’re in the middle of a boom economy? Because every boom is followed at some time by a bust. … Read more about Preparing for a Recession

What does an improved economy mean for you?

May 24, 2018 / By Barbara Weltman

What Does an Improved Economy Mean for You?

The most recent NFIB Index of Small Business Optimism shows that the optimism of small business owners is at near record highs. Earnings trends were … Read more about What Does an Improved Economy Mean for You?

What is Wall Street Telling Main Street - street signs

June 8, 2017 / By Barbara Weltman

What Is Wall Street Telling Main Street?

The market has been amazing for more than 8 years (since March 2009): the Dow gained more than 14,000 points and the S&P tripled.  That upward … Read more about What Is Wall Street Telling Main Street?

© Yellowj | Dreamstime.com - Graph Of Oil Prices Photo

May 12, 2016 / By Barbara Weltman

Lower Oil Prices Isn’t Good News for Everyone

Oil prices at the pump haven’t been this low since 2003. The U.S. Energy Information Administration predicts that prices will stay low through 2017, … Read more about Lower Oil Prices Isn’t Good News for Everyone

August 13, 2015 / By Barbara Weltman

How to Get Entrepreneurship Moving

Follow @BarbaraWeltman The economy may be good for some sectors (the government reported that GDP increased an annual rate of 2.3 percent in the … Read more about How to Get Entrepreneurship Moving

March 12, 2015 / By Barbara Weltman

Sole Proprietorships: A Tax Perspective

Follow @BarbaraWeltman IRS statistics help to paint a picture of sole proprietorships in the U.S. and makes for interesting reading. Following a … Read more about Sole Proprietorships: A Tax Perspective

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Barbara’s Recent Posts

  • 10 Work Arrangement Options for Office Employees September 14, 2023
  • The Good and the Bad of Using AI to Create Content September 12, 2023
  • 25 Years Since the IRS Restructuring and Reform Act of 1998 September 7, 2023
  • Helping Employees with their Student Loans September 5, 2023
  • Added Tax Costs for Successful Business Owners August 31, 2023
  • Considering Retirement? Don’t Just Shut Down Your Business, Sell It! August 30, 2023
  • Recession Proof Your Business Using AI August 29, 2023
  • 10 Ways to Borrow Money for Your Business Now August 24, 2023
  • Using Statistics and Where to Find Them August 22, 2023
  • AI Ethics for Your Business August 17, 2023
  • 3 Sales Tax Traps to Avoid August 15, 2023
  • What to Buy Now: An EV or Fossil Fuel Vehicle August 10, 2023
Awarded Top 100 Small Business Blog medal (link will open in a new window or tab)
Top Small Business Blogs (Link will open in a new window or tab.)
8 Financial blogs small business Owners Need to Read. Invoice home.  (link will open in a new window or tab)
Best Small Business Blog, Expertido.org
Top 50 Small Business Blogs 2018
Best Small Business Blogs
BizHumm Top 100 Business Blog Award to Barbara Weltman
FitsSmallBusiness.com: Award for Best Small Business Blog 2017 (link will open in a new window or tab)
FitsSmallBusiness.com: Award for Best Small Business Blog 2016 (link will open in a new window or tab)

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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