The annual Small Business Saturday—as a retail and community event—is anything but small: Since its inception in 2010, spending has reached an estimated $103 billion. According to the 2018 Small Business Saturday Consumer Insights Survey, produced by American Express and the National... Continue
When American Express announced its very first Small Business Saturday back in 2010, I, for one, didn't think much of it. As usual, I was wrong. You can't blame me for being skeptical. The idea was just a marketing campaign at the beginning. There was a recession going on and... Continue
Yes, residual income is usually taxable. So long as you are making enough money from any source, you will most likely need to pay taxes on it. The only income you typically don't have to pay taxes on is income below a certain yearly value, or income that the IRS deems as passive... Continue
As much as you might want to gripe about your difficult employees holding your business back, their performance is largely based on your management. Learn how to deal with difficult employees because it's your responsibility to do everything possible to increase an employee's... Continue
As a small business owner, you're likely more concerned with cash flow, sales, and managing employees than getting sued. However, the reality is that small business owners will face the threat of a lawsuit at least once over the life of their... Continue
One of the things that perplexes me is why every business doesn't send a regular email newsletter. Do you send one? I don't care how boring your business is — and, trust me, many of my clients sell some boring products and services, just as my... Continue
