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And the Survey Says…

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Linda Henman |
Small Business - Management |
Fri, 02/07/2014 - 19:50

In the past six months, I have visited four high-end hotels where the waiter informed me that they were out of English Breakfast Tea, the beverage that provides the perfect cup of ambition to start my day. Instead, the waiters advised I should try Earl Grey Tea.

Earl Grey Tea takes its name from the second Earl Grey, British Prime Minister in the 1830’s, who reputedly received a gift of tea flavored with bergamot oil from a Chinese nobleman. The Earl brewed some of the heavily-scented, flowery- tasting swill and remarked, “I say. This is rather nasty.”

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The Entrepreneurial Journey

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Guest Blogger |
Small Business - Entrepreneurship |
Fri, 02/07/2014 - 00:36

James Sun, CEO, Pirq

“The joy is in the journey and not the destination.” When I hear this quote, I think about the roller coaster ride of entrepreneurship, where you have to enjoy the journey. I am currently the CEO and founder of Pirq, a digital loyalty and customer relationship management system for brick-and-mortar businesses. Pirq helps local businesses capture customer data and grow loyalty, increase spend amount per visit and expand the frequency of visits all through a digital punch card on the smartphone.

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Cut Your Taxes Using Your Excess Inventory

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Guest Blogger |
Small Business - Entrepreneurship |
Tue, 01/28/2014 - 18:58

Gary C. Smith, President, NAEIR

Excess, nonmoving inventory is a common business problem that, fortunately, also contains its own solution.

By donating that new, idle merchandise to charity, your business can earn a federal income tax deduction under Section 170 ( e )(3) of the U.S. Internal Revenue Code.

The IRS Code says that regular C corporations may deduct the cost of the inventory donated, plus half the difference between cost and fair market value. Deductions may be up to twice-cost.

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The Revolving Door of Resolutions

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Leslie Ungar |
Small Business - Leadership - Management - Business Ops. |
Thu, 01/23/2014 - 22:04

Many health clubs see an explosion of members every January 1. In conjunction with a New Year’s Resolution to be more fit, Americans join fitness centers with the sincere or insincere belief that they will actually show up for a work-out.

As the weeks of a new year tick by, so does the motivation to start or end a work day with a work out. What if a New Year’s Resolution turned your eye inward rather than outward? What if your focus was on the internal you rather than the external you?

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Eight Key Steps to Starting a Business

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Guest Blogger |
Small Business - Entrepreneurship |
Thu, 01/16/2014 - 22:08

Victoria Treyger, Kabbage

Everyone has great dreams of working for themselves but there are important steps to starting a business that you need to know in order to move your dreams to reality. Owning your own business means a lot of things, including freedom and flexibility. But starting your own business also means a lot of hard work, especially at the beginning.