Summer is almost here. Most small non-seasonal businesses will experience a decline in activity especially during July and August. This should free up at least five hours per week that can be dedicated to those tasks that seem to sit perpetually on the “to do” list. Many of these tasks can [...]
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If you use Amazon.com, you will be forgiven for thinking that only billionaires read about the genetics of flies. The book “The Making of a Fly: The Genetics of Animal Design” was recently selling for over $23 million (and it’s only a paperback). This of course does not include shipping and [...]
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Nobody enjoys paying income taxes. Most business owners grumble a bit about their tax bills, find legal ways to minimize them and resign themselves to sending the government more than they would like. For some people, this isn’t enough. They look for ways to avoid paying U.S. income taxes even if [...]
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Extremism is pervasive in today’s popular culture. We are almost at a point whereby having an extremist position is the only way to get attention. Cable news channels that take an extreme position (left or right) are doing far better in ratings than those considered to be [...]
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Improving your business’ revenues and profitability does not require giant leaps in productivity. Many business owners waste too much time trying to find the magic bullet that will transform their businesses overnight. Do these exist? Yes. Is it a good idea to chase them? In my experience there answer is no.
Go [...]
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By now most people have filed their tax returns or asked for an extension. While this provides a momentary respite from tax worries, nagging thoughts lurk in the back of many business owners’ minds: Will I get audited? Will the IRS dispute the amount I owe? For most people this is [...]
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Mobile software applications or apps exist for nearly every conceivable task. They are ubiquitous among smartphone owners due to the proliferation of robust mobile operating systems like Apple’s iOS, Google’s Android, RIM’s BlackBerry OS and Nokia’s Symbian.
Apple’s app store launched in July 2008 and by January 2011 surpassed the 10 billion downloads [...]
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When your business is in the startup phase it is almost certain that the founder(s) will know where every single penny is being spent—it’s the nature of financial scarcity. But as your company grows, this becomes unrealistic and could become counterproductive if you neglect sales. You have to establish procedures that [...]
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The Securities and Exchange Commission (SEC) likely isn’t the first organization that comes to mind when you need to conduct market research. But it turns out that the SEC offers a wealth of valuable data for small businesses–all for free.
Go to the article: How To Use SEC filings For [...]
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The 10-K is one of the most important financial filings required by the SEC. All companies with publicly-traded securities must file one within 90 days of the close of their fiscal year. If you need to conduct in-depth research into a competitor, potential client or strategic partner, the 10-K is a [...]
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