Many business owners are accustomed to running the whole show. But as your company grows, you’ll likely be better off sharing responsibility for major decisions. Whether you’ve recruited experienced managers or developed “home grown” talent, you can empower these employees by taking a more collaborative approach to management.
Category: Business Strategy
Can I Claim My Airbnb Rental as a Hotel?
by William E. Rogers MBA, CFP, EA Vacation rentals are nothing new. For centuries travelers have opted to stay in private residences over hotels for a variety of reasons. It’s quite common here in Southern California with the lure of our local beaches and mountains for property owners to rent out their properties on a… Continue reading Can I Claim My Airbnb Rental as a Hotel?
BUSINESS OWNERS, HELP YOUR ESTATE BY GIFTING COMPANY STOCK
Everyone needs a solid estate plan to distribute assets according to their wishes and benefit their heirs. But this necessity is especially keen for business owners, many of whom have spent years working hard to build up the values of their companies. If you can relate to this statement, one effective way to reduce… Continue reading BUSINESS OWNERS, HELP YOUR ESTATE BY GIFTING COMPANY STOCK
HOW TO PROFIT IN TURBULENT TIMES
By William E. Rogers, MBA, CFP, EA If you’ve been following the headlines lately, there’s a growing uneasiness being felt among many. I have certainly encountered some of this in a few recent client meetings. This general sense of fear stems from a whole host of issues: fear of another terrorist attack, the election, and… Continue reading HOW TO PROFIT IN TURBULENT TIMES
4 PILLARS OF ROBUST BUSINESS GROWTH
Many businesses start life small and simple. But with growth comes the need for a stronger company infrastructure and increased operational sophistication. As you pursue a more robust business, focus on these four pillars: 1. Organizational management Implement a formalized system for measuring performance that begins with written job descriptions and training. Issue a clearly… Continue reading 4 PILLARS OF ROBUST BUSINESS GROWTH
INNOVATE OR ACQUIRE? THAT’S THE STRATEGIC QUESTION
Many companies reach a point in their development where they have to make an important decision: Innovate themselves or acquire a competitor? Of course, it isn’t always an either/or decision. Nonetheless, business owners should consider the pluses and minuses of both approaches. Innovating to grow Innovation is a broad term that encompasses many strategies… Continue reading INNOVATE OR ACQUIRE? THAT’S THE STRATEGIC QUESTION
SPEED UP BUSINESS DECISIONS WITH DASHBOARD REPORTS
Would you drive a car without a functional dashboard? Perhaps once a month someone could tell you how fast you were going and how much fuel you had left. Sound good? Probably not. Yet this is how many business owners run their companies. The good news is there’s a business solution. With the right… Continue reading SPEED UP BUSINESS DECISIONS WITH DASHBOARD REPORTS
CATCH THE E-SPIRIT – The Entrepreneurial Spirit
It’s time to start a community in which we foster the entrepreneurial spirit in everyday people. It is my belief that each and every one of us possesses an “inner entrepreneur” that is waiting to be unleashed. It has been my lifelong work to inspire entrepreneurialism in ordinary people. Entrepreneurialism not only can create endless… Continue reading CATCH THE E-SPIRIT – The Entrepreneurial Spirit
THANK YOU FOR JOINING ASCEND Business Advisory
Thank you for joining us on the new website wpcompany.dv. The purpose of the website is to serve as an objective resource when it comes to business, accounting, taxes, accounting automation, and most every aspect of your back office operations. The website will continue to grow in the areas of business resources, blog posts and… Continue reading THANK YOU FOR JOINING ASCEND Business Advisory