Tag Archives: business

Too Busy to Do Business

Another tax filing season has passed, and the entire US accounting profession comes up for air. Of course, thousands of businesses and individuals have filed for extensions, thereby postponing the pain of calculating their final numbers for anywhere from a … Continue reading

Posted in Exit Planning, Leadership, Politics and Regulation, Selling a business, Strategy and Planning | Tagged , , , , , , , , , , , , | 4 Comments

4 Responses to Too Busy to Do Business

  1. Dan Bowser says:

    I love the title. When I was more active in my consulting practice and looking for additional clients, my best prospecting time was tax season. Business owners were unwilling to wait for advice and guidance. As a result, they left their CPA do the tax work and looked to me for the lucrative strategic planning and implementation. I love tax season.

  2. Mike Wright says:

    Excellent. Another thing to think about when I hear politicians talk about helping small business, and I know they have no concept of what small business is about.

  3. Ann says:

    Hi John,
    Great posts !
    Very interesting article thank you for posting !

  4. Great post John! I actually had a very similar conversation with a business owner only a couple of days ago on this topic. In Canada, our tax deadline is April 30th, so we have another week of our accountants being unavailable. You also hear so much about them working 80 hours a week, getting no sleep, rushing to meet deadlines, that it also begs the question as to how many mistakes are happening? Not intentionally, but only because of the time crunch and the pressure of the deadline. Realistically, as everyone talks about “added value” in our industry, you know that at tax time, this certainly isn’t happening.

    I agree with you that the governments need to come up with a new system for tax filing deadlines and not make it universally the same for every person. We’ve done it for businesses and base it on their fiscal year end, so why can’t it also be done for individuals?
    Thanks for a great read!

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Let the Business Owners Pay for It

When it comes to “No taxation without representation,” the rallying cry of our founding fathers, few identifiable population segments are as abused as business owners. One of my long-time clients is a franchisor, and until very recently I was a … Continue reading

Posted in Business Perspectives, Entrepreneurship, Politics and Regulation, Strategy and Planning | Tagged , , , , , , , , , , , , , , , , , | 4 Comments

4 Responses to Let the Business Owners Pay for It

  1. Maryanne Guido says:

    Working with the City and County we are required to submit certified payroll, ensure our subcontractors submit THEIR certified payroll, and that subs certified they have been paid by us on a monthly basis. If sun fails to do do any of this the GC (we) do not get paid until we “make” each sub comply- or do it for them.

  2. Joani Gill says:

    John thanks for citing a few regulations that hinder business growth for small businesses. I believe our middle market companies suffer the same issues as they fight for their rights to thrive. Just a few years ago, The Association for Corporate Growth, a global organization focused on the middle market, began a grass roots campaign to become the voice on Capital Hill for this business sector. I urge readers to check out ACG.ORG or MIDDLEMARKETVOICE.ORG and see where they can help with this initiative and be heard collectively. CONTACT AMBER LANDIS, VICE PRESIDENT OF PUBLIC POLICY, AT ALANDIS@ACG.ORG.

  3. When is it time to get rid of the red tape and bureaucrats?

  4. Cathy Locke says:

    Since I am a small business and mainly wholesale to small and medium size businesses I honestly don’t feel I have a “snowball in hell” chance of making ends meet or even show a profit. I also feel we need to clean house with the red tape and bureaucrats.

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Talk to Your Competitors

In my two decades of managing over a dozen peer groups, I frequently had the opportunity to sit in meetings with a business owner who competed with a member of another Board. I occasionally had to bite my tongue as someone vilified … Continue reading

Posted in Business Perspectives, Entrepreneurship, Marketing and Sales, Strategy and Planning | Tagged , , , , , , , , , , , , , , | 2 Comments

2 Responses to Talk to Your Competitors

  1. Good article.

    There is another reason to understand competitors. If you understand their methods, philosophies, and other aspects of their business, you can find other ways “Not to compete” with them. Since you are “different from the crowd”, perhaps your customer will conduct business with you without being price sensitive!

  2. Cathy Locke says:

    As usual a great lesson,especially for small businesses.

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What is the Right Price?

Of all the misconceptions by business owners, the ones surrounding their company’s value are both the most common and often wildly inaccurate. I’ve been working for the last couple of months on the training videos for advisors in our new product, The ExitMap®. … Continue reading

Posted in Exit Planning, Selling a business, Strategy and Planning | Tagged , , , , , , , , , , , , , , , , | Leave a comment

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The 7 Deadly Sins of an Entrepreneur — Reprise

I make no claim that using the Seven Deadly Sins as a metaphor for business behavior is original. Of course, the original concept is a codifying of “undesirable” human behaviors, or sins. The work probably comes from the Latin word … Continue reading

Posted in Business Perspectives, Entrepreneurship, Exit Planning, John's Opinions, Leadership, Managing Employees, Strategy and Planning | Tagged , , , , , , , , , , , , , , , , | Leave a comment

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