Business Success Strategies

By Barbara Weltman – The pandemic may have caused many businesses to fail, but it also appears to be doing something to boost the entrepreneurial spirit. This is evidenced by a surge in business start-up applications. The U.S. Census Bureau reported there were 418,380 business applications in December 2021. For all of 2021, nearly 5.4 […]

BY BARBARA WELTMAN –  For the past several years, a monthly blog of mine throughout the year has focused on a theme: Developing leadership qualities in 2019, preparing for economic change in 2020 and recovery strategies in 2021. The theme for 2022 is “Startup Ideas for Success.” The reason: startups are exploding. Intuit’s survey predicts 17 million […]

By Karen Kerrigan – One thing that entrepreneurs and small business owners can continue to expect in 2022 is more of the same and more of the unexpected. Entrepreneurs and innovations will continue to provide solutions to potential problems that may emerge in the marketplace, and as we’ve seen, consumers have embraced the continuous pivoting. […]

SMALL BUSINESS INSIDER By Karen Kerrigan – What can we expect for 2022? As Oscar Wilde so brilliantly observed, “To expect the unexpected shows a thoroughly modern intellect.” This mindset for success rings especially true in the modern pandemic-era. The uncertain track of the pandemic and our economy does not mean entrepreneurs and business owners […]

BY BARBARA WELTMAN – Whether the past 12 months have been profitable or not, one thing you surely can say is that it hasn’t been dull. The past year has seen the rise of inflation to historic levels, unprecedented supply chain issues, and the unemployment rate drop from 6.7% announced in January to 4.2% in November, which has […]

By Barbara Weltman –  The year is winding down, but there are still some actions you must or should take now to complete necessary matters and get set for the coming new year. Some are obvious, such as reviewing your business plan to assess your successes and failures for 2021 and sitting down with your […]

BY BARBARA WELTMAN For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their tax advisers. The 2022 edition for preparing 2021 returns as well as tax planning for 2022 has been updated to incorporate changes from the American Rescue Plan Act as well as […]

by Raymond J. Keating – We all know the story of how the pandemic led to an explosion of mobile, remote, or at-home work. What’s interesting – though not necessarily surprising – is to the degree that remote work has persisted. Recent polling from Gallup revealed some interesting data and trends. First, in September, 20% […]

BY BARBARA WELTMAN –  Noncompete agreements are legal contracts between a business and another person—typically an employee or independent contractor—to bar a worker to compete with the business. Noncompete agreements may also be used by a business to bar a person who sold his or her interest in it to go into a new business […]

UPDATED By Karen Kerrigan – As pointed out by SBE Council chief economist Ray Keating in a recent analysis of the global supply chain crisis and its impact on small businesses, 45.7% of respondents polled in the Census Bureau’s Small Business Pulse Survey (October 4-10) reported delays or difficulties with domestic suppliers. Three months ago, that […]