Buying a business is often perceived as a less risky option than starting your own business from scratch, however without proper research, due diligence, and consideration for the key legal steps and potential liabilities involved – it can be a risky path to venture down.
For example, has the previous owner been in compliance with tax law? Is the business adequately insured? What are the terms of the seller’s commercial lease?
With everyone feeling festive this time of year, it’s a great time to think about how you can keep that feeling going the whole year long. Why not celebrate your customers? There are many ways to thank your customers for their business, make them feel special . . . which will make them more inclined to keep doing business with you. Here are some ideas.
Throughout 2011, Commerce's Bureau of Economic Analysis, the agency charged with keeping a finger on the economy’s pulse, has been hard at work measuring an ever-changing economy. During the year the Bureau instituted new methodologies, new techniques, released new Web-based analytical tools, and made continual improvements to the national accounts to keep pace with the changing economy. 2011 proved to be a stronger year for the economy, for the performance of U.S. companies and the spending behavior of American consumers.Read More
It may sound obvious, but understanding gross margin is often overlooked by startups and new business owners. This can have a direct impact on your ability to effectively manage a growing business, price your products, and most importantly, make a profit.
What is Gross Margin?
This has been a very eventful year for the International Trade Administration (ITA). We are
very proud of our efforts to improve the lives of our fellow Americans. We have
accomplished a great deal by working diligently on the President’s National Export Initiative (NEI) goal of
doubling exports by the end of 2014, supporting well-paying jobs tied to
exporting, helping U.S. service companies find new markets, and pursuing new
venues for U.S. companies to connect with overseas buyers. While we have
Health savings accounts (HSAs) aren’t new, but with rising health care costs they warrant a closer look. The reason: HSAs, combined with high-deductible health insurance, can provide coverage for you and your staff at dramatic savings over traditional health coverage. It has been estimated that the arrangement can lower costs by 40% and recent statistics from *AHIP.org show that the number of businesses using this health care option is growing. Is this plan right for your business?
As part of the Obama administration’s ongoing efforts to spur job growth, Commerce Secretary John Bryson will lay out his priorities for the Department, including initiatives related to trade, manufacturing and increasing investment in the United States.An experienced private sector leader, Bryson led Edison International as Chairman and CEO for 18 years. He also served on the boards of Boeing and Disney and as a senior adviser for the global private equity firm KKR.Read More
week, the Department of Commerce’s National Oceanic and Atmospheric
Administration (NOAA) kicked-off a national dialogue to improve our nation’s readiness
for extreme weather. At the Weather-Ready Nation: A Vital Conversation workshop, held in Norman, Okla.,
participants assessed why the nation has become more vulnerable to severe
weather and identified ways to improve the public’s awareness, preparedness and
response to future extreme events.
Census Bureau today released the first in a series of new, detailed demographic
information from the 2010 Census for up to 331 different race and ethnic groups
down to the census tract level for Nevada and
Data for remaining states will be released on a rolling basis through April,
2012. National level data will be released in May.
File 2 tables add a new layer of detail to the population and housing topics
released earlier this year from the 2010 Census. Information, such as age,
Absenteeism in the workplace is a problem all managers encounter, and although absences are often due to legitimate reasons, they can get out of control if they’re not managed carefully.
Persistent unexcused absenteeism, particularly when it involves just a few individuals, not only lowers productivity and increases everyone else’s workload, but it can precipitate a sour atmosphere in the workplace. It’s something that needs to nipped in the bud.