Getting to Know Your New Tech: How CCTV Systems Work
Closed Circuit Television—CCTV—systems are one of the best ways to monitor your business or home remotely. Understanding how they work can help you use them to their fullest advantages. There’s a good chance you’re familiar with the concept of CCTV systems. A security camera mounted on the wall or ceiling of a business captures images…
Read MorePartnerships and Pass-through Entities: What Do You Do?
Question: Jane is a Partner in a partnership with a July 31 year end. What information does she use to calculate the Sec. 199A deduction she claims on her 2018 Form 1040, U.S. Individual Income Tax Return? Short Answer: Jane uses the information from her partnership Schedule K-1, Partner’s Share of Income, Deductions, Credits, etc., for the year ended…
Read More5 Ways the Modern Assembly Line Moved to Automation and Back to Humanization
Since the debut of the modern assembly line on at the Ford Plant in Highland Park, Michigan on December 1, 1913, manufacturers have continually experimented with improving its promise of speed, efficiency, and reliability. Far from a static technology, the assembly line invites change: Automation via robotics, new factory designs that lower manufacturing’s environmental impact,…
Read MoreRaising Your Total Startup Capital in 5 Steps
You’ve got the next billion-dollar idea and you are looking to make the big jump into the “fairytale” journey of an entrepreneur. You have read all the startup books and know everything about the great founders that became successful overnight. The startup journey is similar to a survivor’s journey, and the last person standing is…
Read MoreIs the Age of Social Media as We Know It Over?
I sat there in amazement. I had created an account and logged in. The result was not what I expected. The screen had filled with people I hadn’t seen in 20-30 years. Global and personal networking at scale. Social media’s potential was in front of me. Shared human consciousness and connection enabled by technology. Conversations, photos…
Read MoreIs Selling on Amazon FBA Worth It?
Amazon FBA, also known as Fulfillment by Amazon, is a fulfillment and distribution network that allows independent business owners to utilize Amazon’s assets to sell their products. This includes using their fulfillment centers for storage and their delivery vehicles for shipping. Amazon even offers to pack every shipment and provide customer service for all orders…
Read More5 Ways Small Business Owners Can Benefit from Going Back to School
Many small business owners want to advance their education, but question whether they can find time to return to school. Weighing these factors is quite challenging. The entrepreneurs have countless personal and business responsibilities. Despite this fact, they are aware that devoting time to an advanced degree can give them a competitive edge in a…
Read More6 Reasons Why Office Gossip is Bad for Your Business
As an entrepreneur, you should treat gossip among the members of your team as a reduction in productivity at best, and at worst, an indication of unhappy, un-empowered, or non-collaborative employees. As a leader, you should be asking yourself if you are the problem, and working hard to improve the situation before it gets out…
Read MoreOffer Varied Payment Options to Boost Sales and Enter New Markets
With the rise of digital commerce and global payments and the increasingly interlocking global nature of business of all kinds, small business owners have a whole host of new tools and options at their disposal to compete in the marketplace. One wonderful facet of this new reality is that small business owners can enjoy patrons…
Read MoreSelling Your Business Doesn’t Have to Be Doom and Gloom
You’re selling your most prized possession – your business. Whether it’s on a high note or not, it can be a daunting prospect, especially if you’re worried that it reflects badly on your abilities. But it doesn’t have to be that way. There are plenty of reasons to sell, and none of them have anything…
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