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How to remain productive when you become overwhelmed.

It’s easy to become overwhelmed in today’s world of always-on connectivity. Family, friends, neighbors, colleagues, and customers have instant access to us and often expect an immediate response. I came across an interesting YouTube video about how to remain productive when you become overwhelmed. In the short (4:26) video, Charles Duhigg, author of “Smarter Faster Better”, provides an […]

Simon Sinek: How great leaders inspire action

I came across Simon Sinek’s 2009 TED Talk a couple of years ago, and it’s really impacted my thinking. I’ve always loved the question, ‘why?’, and I’ve been asking it all my life. Why does a piece of technology work the way that it does? Why did a person do something instead of something else? I ask […]

What pension plan options are available for an S corporation?

Stephen L Nelson, CPA clearly lays out what pension plan options are available for an S corporation. Read the article here.. http://www.scorporationsexplained.com/what-pension-plans-are-available-for-Scorporation.htm

What’s the perfect minimum wage? How about zero?

What’s the perfect minimum wage? Is it $10 an hour? $15? $20? How about zero? That’s right. Zero. While Congress discusses a minimum wage hike, economist DavidHenderson shows that any minimum wage makes it harder for unemployed people (particularly young people) to find work, and forces business owners to cut the hours of lower-skilled employees. […]

Conduct your next interview as if it were the first

Your small business has achieved the revenue level where you can and must hire your next employee. Candidates are coming this afternoon for the interview. Are you ready to make one of the most important decisions of the year? Click the link to read the rest of the article by John Rossheim http://hiring.monster.com/hr/hr-best-practices/small-business/conducting-an-interview/your-next-hire.aspx?WT.mc_n=olm_emp_disp_f&k_clickid=22623d3c-270a-ec29-da75-000044f76317&k_trackingid=69857221

Blind auditions could give employers a better hiring sense

This is a very interesting 4 minute audio story (or read the transcript) of entrepreneur Petar Vujosevic who saw a big problem with the way the hiring system works and set out to improve it. Vujosevic says, “There is definitely room to improve how we view talent, how we screen talent, how we engage with talent and […]

8 FAQs about EMV credit cards

Source: http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php 8 FAQs about EMV credit cards Chip? PIN? Signature? Will old cards work? Answers to frequently asked questions By Sienna Kossman Read more: http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php#ixzz3d0qyY8gW Follow us: @CreditCardsCom on Twitter | CreditCards.com on Facebook Compare credit cards here – CreditCards.com The nationwide shift to EMV is well underway. EMV — which stands for Europay, MasterCard […]

Advantages and Disadvantages of Different Business Entity Types

Advantages and Disadvantages of Different Business Entity Types Source: http://blog.accountants.intuit.com/from-the-experts/above-the-forms-advising-clients-on-type-of-entity/ Sole Proprietorships A sole proprietorship is the simplest and most common business structure. This is an unincorporated business with one owner. There is no legal distinction between the business and the owner. Here are some advantages and disadvantages of sole proprietorships: Resources: IRS Schedule C Profit […]

Kevin O’Leary Shares 3 Essential Elements of a Great ‘Shark Tank’ Pitch

Kevin O’Leary Shares 3 Essential Elements of a Great ‘Shark Tank’ Pitch: “They’re able to articulate the opportunity in 90 seconds or less.” “They’re able to explain why they are the right people to execute the business plan.” “They know their numbers.” Read the rest of the article here: http://sba.thehartford.com/article/kevin-oleary-shares-3-essential-elements-of-a-great-shark-tank-pitch/3b0727544dd2d9d45d9c1ecd24b5e0d8?cmp=SOC-SC-Great_Shark_Tank_Pitch_FBSC-03162015  

12 steps small business owner can take to prevent fraud.

There are lots of steps recommended by experts to prevent fraud, some more practically and affordably implement by small businesses than others. In my experience, there are a few important things that small business owners should be doing themselves on an monthly basis that are very effective to deter, help detect, and stop most fraud […]

3 Practical Lessons from Billionaire Mark Cuban

The excerpt is from Dave Ramsey’s interview with Mark Cuban. http://www.daveramsey.com/blog/practical-lessons-from-mark-cuban 1. There’s no reason it can’t be you. After completing college, Mark moved to Dallas, Texas, where he tended bar, sold software, and did whatever it took to learn and get ahead—even down to eating mustard and ketchup sandwiches when times were really lean. But […]

Top 10 ways to protect yourself against credit card fraud and identity theft

Credit and debit card fraud and identity theft are at an all time high. It was reported by the 2012 Nilson Report that Credit card and debit card fraud resulted in losses amounting to $11.27 billion during 2012. While the losses are mostly to by card issuers and merchants, the consumer ultimately pays for this through […]

Merchant Chargeback Process

Chargebacks are an unpleasant fact of life for merchants. Hopefully, chargebacks will be a rare event for you, but you should know how to protect yourself. A chargeback is a transaction that has been disputed by a customer. Chargebacks occur for a variety of reasons. For example, the customer may be unsatisfied with the merchandise, or a […]

Improving Cash Flow with Fundbox

Charlie Russel authores an great article on an innovative new service for small businesses to improving cash flow by financing their receivables with Fundbox. http://www.sleeter.com/blog/2014/02/improving-cash-flow-fundbox

How to count back change in manual point of sale

How to count back change This comes up in training on Point of Sale installations, how do you make change easily in a manual situation? The “count back” method is the best method to use, as it doesn’t require doing much math in your head and is self-checking. Say the sale is $63.19 and the […]

Accounts Receivable Debt Past Due By State

Accounts Receivable Debt Past Due By State http://www.cortera.com/market-trends/2013/04/business-accounts-receivable-debt-past-due-by-state-february-2013-2/

The Worst Companies To Work For In The U.S. (2013)

I just read an article about 24/7 Wall St.’s ranking of the worst companies to work for in the US. It was not surprising that those companies had troubling attributes attributes in common. Some CEOs just don’t get investing in employee and customer satisfaction is key to being successful company. Read on to learn from others’ […]

Affordable Care Act: More Restaurants Replace Full-Timers, Concerned About Insurance Costs

In response to the Affordable Care Act, more restaurants replace full-timers with part-timers because the Affordable Care Act requires employers with 50 or more full-time equivalent workers to offer affordable insurance to employees working 30 or more hours a week or face fines. Despite the Obama administration recent announcement that a one-year reprieve to 2015 on […]

Bean Counting vs. Excellence

An interesting short article that includes an excerpt from the prior CEO of Ford Europe, Bob Lutz’s book “Car Guys vs Bean Counters” about making excellence a business’ priority and why it matters. His book is about what happened to America’s competitiveness, and why. http://www.marketplace.org/topics/life/big-book/excerpt-car-guys-vs-bean-counters

8 Things VCs Think About When Valuing Your Startup

http://mashable.com/2013/05/13/startup-valuation/?sf12802794=1

Retail Pricing: Margin vs Markup

We hear these terms Margin and Markup being used, especially in retail store management, but do you really know what they mean? There’s a very important difference between the two when expressed as a percentage that can cost you big money if you don’t know the difference.   First, let’s get some basic definitions out of […]

The basics of S corporation stock basis

This is a great article about the basics of S-Corporation shareholder stock basis. http://www.journalofaccountancy.com/issues/2012/jan/20114319.htm

Getting Ready to Sell You Business – High Level Overview

This is a good article on a high level overview of getting ready to sell your business. QBPros can help you structure your company for a future sale. The earlier you plan and get things in proper order, typically the greater benefit. Buyers and their representatives typically look back 3 to 5 years to the […]

Obama: “You didn’t build that”.

Obama: “If you’ve got a business — you didn’t build that. Somebody else made that happen.” Obama said this at his 07/13/12 Roanoke, Virginia speech and it isn’t sitting well with me as a business owner! While I totally agree that cooperative efforts are the free market, each one of those cooperative efforts (with customers, […]

Charging Interest on Late Accounts Receivable in California

This is a very interesting short article on charging interest on Accounts Receivable in the state of California and how the CA Supreme Court ruled in favor of the seller of supplies who charged an interest rate 1.5% per month (18% per year) which is higher than CA usery laws cap at 10% . Read why in the […]