Writing Off Business Bad Debt
- August 14, 2018
It’s been said that “every silver lining has a cloud,” and that certainly applies to having business bad debt. In a number of cases, you can get a tax deduction and write off the bad…
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November 13, 2016
As I’ve learned in nearly 15 years in business (gulp! Has it been that long?), change doesn’t need to be–and usually isn’t–a complete and total metamorphosis in one go, like the makeover shows you see on reality TV. It’s a process that unfolds over time. Sometimes, all you need to get to someplace better is one shift, one new action (or one new task to delegate). On Small Business Trends, Jason Cohen provides a list of transforming actions you can take, many of which involve doing just one thing. Not 100 things, all of which need to be accomplished immediately. Just one. One step at a time. They include: Identify one person who can get your company more exposure. Find one metric about your business that you know the least about–and learn more about it. Come up with one thing you could do to increase your conversion rates by 1 percent. Identify one mundane task you could easily outsource. Remove one blog from your feed reader that’s not worth your time; and add one that is (OK, Cohen…
Continue ReadingIt’s been said that “every silver lining has a cloud,” and that certainly applies to having business bad debt. In a number of cases, you can get a tax deduction and write off the bad…
Read MoreHowie Jacobson has a great article on “Gratitude as a Business Strategy.” Read it. I wish I had written it. He says, We’re all hungry for appreciation and thanks. We want to know that we…
Read MoreCan you force someone to sign a confidentiality agreement after you’ve disclosed sensitive information? Or after they’ve already done the work for you? No. To use an old farm expression, that’s like “closing the barn…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
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