President Obama is banking on small business in the election year. His fiscal 2013 budget will eliminate capital gains taxes on investments in small businesses, offer a 10 percent tax credit when new hires are made, double the amount of deductions a startup can take (from $5,000 to $10,000), and...
The below advertisement was placed in an English newspaper circa 1919 by explorer Sir Ernest Shackleton for one of his South Pole expeditions. Undaunted, roughly 500 adventuresome applicants responded.
The bedrock of nearly any online business operation, from e-commerce sites to social media outlets, is the mighty click-wrap agreement, a digital extension of the equally mighty but very 20th century shrink-wrap agreement.
The benefit of raising prices is… well, isn’t it obvious? Given that it is so vital to long-term success, one would think that businesses had already figured out how to do it well. The truth is that despite watching Starbucks, Denny’s and Delta Airlines raise prices at the beginning of this year,...
2012. It has the tenor and tone of opportunity. This is great and terrible at the same time. It is great because it means there is business to be had, friendships to be forged and strategic alliances to be made. It is terrible because it means one will have to be very aware and open to recognize...
The buzz for 2012 is mobile. Everything is mobile; everything needs to be mobilized. First, go to your mobile phone and if you have the ability to access the Internet, check your website.
Effective and successful media relations is the key to securing coverage and publicity that can have an impact on your business’ bottom line. Essentially, PR is about fostering and maintaining relationships, and like any relationship, it takes time and energy to establish a meaningful connection.
The Consumer Electronics Show took place in January, and it’s where many of the hottest tech products are announced each year.
With the beginning of a new year, you may want to renew or revamp your business marketing strategy. Here are some time-tested marketing tools that might just jump-start your business into a whole new dimension. 1. Differentiate your business and your message
In 2010, the powers that be in Albany passed the New York State Wage Theft Prevention Act, requiring employers to notify new employees hired after October 26, 2009, in writing, of their 1) regular pay rate and, if applicable, rate of overtime pay; and 2) regular pay date
With the tax season for 2011 returns now underway, I’ve been giving thought to audits. Much is made by many tax advisors about “audit-proofing” your return. The fact is that your actions may have very little to do with whether or not you are audited.
It’s January 2012 and bookkeeping is my life. I don’t understand how a small company such as ours has so much bookkeeping, but I guess that’s another conversation for another time.
For most, January is a time for resolutions and making changes. I have a different take on the start of a new year. For me, January is a time for reflection and tough love: What did I do well this past year?What can I improve on?Where do I need a ‘kick in the butt?’
According to the IRS’ annual enforcement report, the tax gap—the spread between what the government thinks it should collect and what it actually collects—grew to $385 billion in 2006 (up from $290 in 2001).
I started my career as a CPA and then become a CFO and CEO before starting NY Report. Up until I was in a position where I was out selling advertising for the magazine, I thought I knew how to sell. When I was a CFO, I was riding my sales managers and salespeople, asking why things in their...
Where your business is located can greatly affect your operations, after-tax income, workforce, and more. The climate for small businesses varies greatly from state to state. The Small Business & Entrepreneurship Council has released its 16th Annual Small Business Survival Index and the results...
JumpStartNYC is looking for small and mid-size businesses from New York City who would like to participate in their program for out of work professionals who are looking to transition into new roles. If your business has been planning a specific strategic project, JumpStartNYC may be able to help...
I’ve gotten into a conversation or two exploring where marketing plays into a company’s sales growth and the confusion between these roles.
On December 23, the Temporary Payroll Tax Cut Continuation Act of 2011 was signed into law, extending through February 29, 2012, the two percentage point reduction in the employee share of Social Security taxes for FICA purposes.
How many times have you promised yourself at the start of a year to lose weight, save money, eliminate debt, get organized, or undertake some other transformation that’s important to you?