We all know there are many elements that go into running a thriving business. However, in my work with small business owners, I have found that those who achieve the greatest success are the ones who bring a leadership mindset to the table. Here are three things wildly successful leaders do automatically. Commit to practicing […]
What Is My Value Proposition And Why Does It Matter?
Simply stated, your value proposition is the reason a consumer should choose your product or service over someone else’s. It explains why you’re different and how you add more value or are better at solving their problem. Market that difference and you’ll see profits soar. Fail to differentiate your business and you’ll be doomed to […]
Mid-Year Report Card: How’s Your Small Business Doing?
Many small business owners conduct reviews at the beginning or end of the calendar year. However, June is the perfect time to do a mid-year check-in to assess your current situation and course-correct to ensure that your business is on track to meet year-end goals. Financial statements form the foundation of your business “report card” […]
There are multiple answers to this question, depending on things like the stage of your business evolution and the specific issues you are grappling with. But the short answer is that if you are looking to optimize the health and profitability of your business, a good coach can help you achieve your goals. How do […]
One of the most important lessons many entrepreneurs have to learn is that cash really IS king. Simply put, it doesn’t matter how much money you generate in the future if you don’t have enough cash to pay your bills today. To run a successful business, your employees need their paychecks, landlords need their rent […]
Dr. Amala Chirumamilla, cardiologist at Metropolitan Cardiology in Suffern, which is part of Bon Secours Medical Group, gave a presentation today about #Heart Health for #HeartMonth at the Mahwah Regional Chamber of Commerce Women in Business Initiative (WIBI) Breakfast. She discussed risk factors for heart disease, how heart attack symptoms for women are different than […]
Have You Got What It Takes To Be A Small Business Owner?
Online lender Kabbage surveyed 400 small business owners (SBOs) to understand their professional and personal challenges, and how they create a work/life balance in pursuit of their passions. The findings are not surprising. Thriving small business owners are highly motivated to succeed, which leads them to make countless personal and financial sacrifices to build their […]
The Tax Cuts and Jobs Act (TCJA) passed in December 2017 made significant changes to the income tax laws for 2018 and beyond. The new legislation introduced some major adjustments to business tax law, including a lower corporate tax rate, new rules for pass-through businesses, and a tax break for some industries. One of the […]
I Want To Begin A Customer Appreciation Program But Am On A Budget. Any Ideas?
A: Here are five fantastic, fun and fabulous ways to say thank you and show your gratitude to your customers: 1. Write a Note. A proven way of showing gratitude. Can you remember the last time you received a handwritten thank-you card? 2. Spend Quality Time Together. Schedule breakfast/lunch at your customer’s office; invite their […]
Can I Deduct The Cost Of My Trip To The Shore This Summer?
A: Yes and here’s how: Make all your business appointments before you leave for your trip.Most people believe that they can go on vacation and simply hand out their business cards in order to make the trip deductible. Prepare before you go! You must have at least one business appointment before you leave in order […]