7 Ways to Position Competitors Without Any Negativity

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. This approach only makes these important constituents question your integrity, intelligence, and your understanding of business basics. Pointing out flaws in others does not give you strength. As…

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Income Shifting Strategies to Help Business Owners Become More Tax Efficient

This segment discusses different strategies that can potentially help a business owner become more tax efficient. Some methods include the restructuring of a business and establishing tax-deductible retirement plans. Synopsis The concept of characterization of income (or shifting of income) may result in the preservation of significant wealth. One method of shifting of income is…

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5 Tips for Successfully Managing Distributed Teams

Everyone knows that it’s best (and easiest!) to have a project team sitting cozily in one office or even one room. My firm belief, however, is that a globally dispersed team can achieve the same results as a project team sitting in a single office. The only difference? With the distributed team, achieving those results…

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Documents Required for Corporate Entity Formation

Forming a corporation can be an exciting time in the life of a business. It can also be lots of work. In order to become a corporation, your business will need to file documentation in the state of your choosing. You can file documentation for your corporation in any state you want. Some states have…

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Expert Quotes to Motivate Your Marketing Mojo

I’m not a big fan of “inspirational” social media quotes. You know the kind I mean, right? (Of course, I’m looking through my Hootsuite streams now and can’t find a good example.) ???? Sure, they’re uplifting, but people tend to share the same ones repeatedly. Boring. Yet, every once in a while, I don’t mind reading…

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4 Project Management Tips for Beginners

Whether you’re running your own business or managing a department for your employer, there will likely be times when you need to supervise projects. If you’re just starting your career or are new to being in a management position and don’t have a whole lot of training behind you in project management, this role can…

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Asbestos Claims: Could Your Business Be Liable?

Asbestos needs to be taken very seriously. It is responsible for thousands of deaths every single year—in 2016 it claimed the lives of 2,595 people suffering from mesothelioma, as well as causing a number of other fatalities in the of asbestosis and additional conditions. In addition to the number of deaths, asbestos is also the…

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Are You the Bottleneck in Your Organization?

At many board meetings, I can be counted upon to ask, “Where’s the bottleneck this month?” Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Sometimes, the bottleneck is not so visible to the CEO. In those instances, I follow with: “Do you notice people waiting…

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Technology Only Gets Us So Far

I’m a great fan of much of many sales technologies. There are tools that dramatically improve efficiency. These allow us to get more accomplished, more easily and in less time. There are tools that give us greater insight into the customer—both the enterprise and individual. We can leverage customer searches of our sites, the materials…

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