Small Business – Opening Up and Tort Risk

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The Society for Human Resource Management (SHRM) released a report on June 23, 2020. They surveyed 416 small business executives from organizations with 500 or fewer employees. Small business owners are hopeful for a swift economic recovery as they begin reopening after closures due to the COVID-19 pandemic. To reopen, nearly a third of those…

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Convert Fixed Costs to Variable Costs

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In these unpredictable times, and companies are scrambling for additional cash. The old adage cash is king, is perhaps the most important advice for survival. In simplistic terms, fixed costs by definition is a business costs, such as rent, that is constant whatever the quantity of goods or services produced. In contrast variable costs is…

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Video: Small Business Administration Paycheck Protection Program

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SBA Protection Program – Salesforce’s Mike Wolf helps demystify this program with the help of other business leaders.

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Paycheck Protection Program Loan Forgiveness

View and download the Loan Forgiveness Application – PDF

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Can my company be profitable and sustain profitability? Perhaps the question rephrased best portrays the true objective; could my company be dynamically leveraged to ensure profitability in any socioeconomic climate?

May 29, 2013 What does this all mean, all I want to be is profitable… Well it is so complicated! Wrong! It is easy, with the correct tools and mechanisms in place, any one can navigate the waters; regardless of how hard the current is pulling or pushing…In today’s world, we have to continually make…

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KNOW YOUR NUMBERS

May 24, 2017 We all want to live a meaningful and enjoyable life, correct? Your cholesterol, blood pressure, blood sugar and body mass index numbers are key indicators of your risk for serious illness. If you know these important numbers, you can make changes to improve your health and reduce your risk of developing heart…

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8 Key Elements To Success

July 20, 2017 Recently, I read an article titled “A Navy SEAL explains 8 secrets to grit and resilience” which depicts the determination and skill that every true Entrepreneur needs to have to succeed. All entrepreneur regardless of entity size or industry, experience challenging times. Some are self-inflicted, some are symmetric of the life cycle,…

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Personal Credit Score – the impact it has on your business

October 1, 2017 We have heard and read about the data breach at Equifax, the potential impact it could have on every single one of us as an individual. I don’t recall seeing an article about what the impact it has on us that are Business Owners. Personal credit scores, are an integral part of…

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Entertainment – What the cost impact on your company?

One thing we can be certain of is change. There is a lot of movement in the pipeline that companies need to be cognizant of: The two salient items are: Entertainment Risk Mitigation – Cell Phones Let’s start off with Entertainment. As explicitly stated previously by Congress, they were going to overhaul the entertainment classification…

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