Advice
79 results total, viewing 1 - 10
Only about one of every 10 businesses started will reach a 10th anniversary and most failures happen within the first few years. Lots can go wrong: an ill-conceived business idea, poor planning or execution, bad business model, lack of capital, ineffective leadership and poor location, among others. more
Ahh, the joys of self-employment – being your own boss, setting your own hours, doing what you like, and, oh yes, establishing a life-long bond with your accountant. Being self-employed also means being responsible for a wide range of critical tax-related duties. more
On Oct. 25, 2001, Microsoft introduced an operating system that had small to large businesses alike exhaling a sigh of relief. Windows XP, successor to Windows ME, has been a stable, reliable and very user-friendly operating system. As of March 2013, 38.73 percent of PC’s connected to the Internet still run Windows XP. As of April 8, 2014, Microsoft will be hanging a RIP sign over this mainstream operating system when it will no longer offer any support to existing users. more
During pretrial discovery in litigation, an organization must produce witnesses to testify on its behalf at depositions. Officers and managers often consider depositions to constitute an inconvenience to business operations, as witnesses must adjust their work schedules for several hours and perhaps entire workdays to answer questions under oath at a lawyer’s office. more
"Before I built a wall I’d ask to know What I was walling in or walling out, And to whom I was like to give offence." more
A provision in President Barack Obama’s 2014 budget, recently submitted to Congress, would limit the aggregate balance of all your combined retirement accounts to “an amount needed to fund reasonable levels of compensation in retirement” currently identified as $205,000 per year, or an aggregate balance of $3.4 million. more
Despite all of the attention on social media these days, email remains one of the most preferred and effective marketing methods for many small businesses. It’s a fast, efficient and inexpensive way to communicate with clients and prospects, or to generate traffic for your website. more
You may have seen two sets of news reports recently that didn’t quite add up: First, President Obama called for the liquidation of Fannie Mae and Freddie Mac, the country’s largest providers of funds for home mortgages. Then a couple of days later, Fannie Mae announced its sixth straight quarterly profit and said it was sending $10.2 billion in dividends to the Treasury. Freddie Mac also reported a hefty profit – $5 billion over the previous three months – and said it is providing $4.4 billion in dividends to the government. more
Even the smallest of businesses these days can face large needs when it comes to storing data, sharing files and other computer-related tasks. For one thing, trying to back up files when they are spread over many computers can be a headache. more
Recently, I was asked to address a group of executive MBA exchange students at UCLA’s Anderson School of Management. These midcareer individuals from France and Germany were interested in American-style entrepreneurship and our vast network of business “incubators” and startup “accelerators” in particular. more
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