What your business can learn from the Winter Olympics

Even if you aren’t very interested in sports, there's no escaping the TV coverage that has been given to the 2018 Olympic Winter Games from Pyeongchang, South Korea. You also probably know that the U.S. is winning it's fair share of medals and there have been celebrations to mark these achievements.

Read more

The Five Most Important Best Practices Small Business Should Follow This Year

We are only six weeks into 2018 amd with every new year, there is always an opportunity to take stock, reevaluate, and course-correct our businesses when necessary. This is especially true for entrepreneurs like yourself, who can take advantage of this time in order to establish smarter business practices and keep your businesses moving in the right direction.

Read more

Five Important Reasons Why Teamwork Matters to Your Business

When it comes to athletic competitions there is often an emphasis placed on teamwork for without it, championships are not won. And while teamwork is important in athletics, the same principles apply to business for without workplace teamwork, businesses do not succeed, they fail. Being a master of one or a jack-of-all-trades in today’s world does not bring about success if you are unable to work as part of a team. The importance of teamwork cannot be stressed enough!

Read more

Does Your Business Need to be Bilingual to Survive?

Although our client base consists of businesses and individuals throughout the U.S. and around the world, most of our clientele and recipients of our weekly newsletter reside in South Florida and Las Vegas. We all know the influence of the Spanish language in Miami-Dade and Broward County (Fort Lauderdale) in Florida, and with 29% of the population in Clark County, Nevada (Las Vegas) being Hispanic, we must ask the all-important question, “Does Your Business Need to be Bilingual to Survive?”

Read more

Innovation takes center stage at Consumer Electronics Show (CES)

Each year the very brightest and best converge in Las Vegas for the annual Consumer Electronics Show (CES) and once again this year representatives of Louis Mamo & Company were in attendance looking for cutting and leading edge business and consumer solutions for its clients and customers.

Read more

Six Important Reasons Why a Strong Brand is Necessary for Your Small Business

Beyond just a memorable logo, good branding increases the value of a company, provides employees with direction and motivation, and makes acquiring new customers easier. So what exactly is a brand?

The short answer: Everything!

Read more

Is another iconic brand ready to go the way of the dinosaur?

Whether you own or run a small business, you can learn a lot to protect your company by paying attention to what happens to the bigger companies. At one time Sears was the largest retailer in the world with a well-known, reliable brand that seemed almost indestructible. But will the company that started out as a mail order business 125 years ago – and grew into a global giant – be the latest company to go bankrupt and close its doors because it did not recognize change?

Read more

Everything you need to know to understand Bitcoin

What is Bitcoin? Is it like a stock? Where does it come from? Why has it gone up in value? How and where can you buy them? How and where can you sell them? Is it really legal? Is there a difference between Bitcoin and Bitcoin Cash?

Read more

Did one of the most important business stories of the year go unnoticed?

What's in a name? For Walmart, it will soon be a little less. Earlier this month the world's largest retailer announced it was changing its legal name from "Wal-Mart Stores" to "Walmart" to reflect its increasing emphasis on e-commerce.

Read more

Steel framed modular construction offers an inexpensive option for housing, retail and more

If you haven’t seen them, you’ve probably heard about them – homes and businesses being built from cargo or shipping containers.

Read more

Nine Business Tips for Having a Successful Holiday Season

The holiday season is upon us, but as a business owner, you already know that. For many businesses, this is the most profitable time of the year. For some it's exciting and for others, well, it's a little nerve-wracking. So, here are nine (9) ideas for you to prepare and grow your small business during the holiday season by reviewing and delegating with your team.

Read more

Is business going to pot?

In mid-November members of Louis Mamo and Company attended MJBizCon, the 2017 Marijuana Business Convention presented by Marijuana Business Daily magazine, representing one of our clients that are licensed marijuana growers.

Read more

Do you track the money you spend on marketing and advertising?

It’s a simple question that requires a simple answer. If the answer is “No,” then you really should be tracking your dollars and the results they produce. But if the answer is “Yes,” do you know if your advertising is being effective? Is your return on investment getting you positive results?

Read more

Are you and your company protected from data breaches, phishing, or malware? Understanding the risks of stolen credentials

Did you know that Americans are almost four times more worried about getting their computers and smart phones hacked than being murdered? There’s a good reason for that. There are nearly 2 billion stolen passwords and usernames available on the black market, and up to 25% of them will still work on a Google account according to a new study from Google, the University of California, Berkeley and the International Computer Science Institute.

Read more

Aligning your business resources for success

Most business owners today know their companies should be aligned. They know their strategies, organizational capabilities, resources and management systems should all be arranged to support the company’s purpose. The challenge is that business owners tend to focus on one of these areas to the exclusion of the others, but what really matters for performance is how they all fit together.

Read more

Here Are Nine 9 Tips For Growing a Successful Business

To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinking that they'll turn on their computers or open their doors and start making money, only to find that making money in a business is much more difficult than they thought. You can avoid this in your business ventures by taking your time and planning out all the necessary steps you need to achieve success.

Read more

Want to do business in Cuba? The five things you should know first

If you're considering doing business in Cuba, there are many key differences in the regulations governing business there than anywhere else. In the hopes of saving new, as well as experienced entrepreneurs from some of the unexpected pitfalls that can arise from doing business there, here is a list of five of the most important rules that you must know before doing business in the Republic of Cuba.

Read more

When Business and Superstition Mix

Do you suffer from triskaidekaphobia? That is, do you fear the number 13? If you do, you might not be conducting business today and so you may not read this article until the weekend or Monday morning.

Read more

Leading edge solutions can be found in a variety of industries

When Louis Mamo & Company decided to open an office in Las Vegas, some of our South Florida clients asked "Why?" In addition to better servicing our West Coast clients, Las Vegas offers us a unique opportunity that no other city could provide. It enables us to stay on top of various industry trends that can help our client base in a number of areas.

Read more

Three Steps for Disaster Planning, Recovery ​and Maintaining Business Continuity

When hurricanes hit an area, depending on the path they take, damage and impact can range from minor to catastrophic. As we all witness the recovery efforts being done in the Florida Keys, Houston and Puerto Rico, for most of our Florida clients, they were very lucky Hurricane Irma did not directly hit Fort Lauderdale.

Read more

Do you know the Benefits of Electronic Filing?

On the surface, nearly every tax specialist will tell you the same three basic benefits of electronic filing: One, you’ll get a faster refund; two, you’ll get a proof of receipt by the tax agency; and three, it’s less cumbersome and more convenient than paper filing.

Read more

Doing Business in the People’s Republic of China Building Relationships as well as Business

The challenges associated with building relationships and trust with local business partners, clients and customers, and with government officials can be a challenging aspect of doing business in China. While establishing a business presence in China has become more straightforward in recent years the problems associated with identifying key contacts in partner, client and government organizations, establishing mutually beneficial and trustful working relationships with them, and developing meaningful channels of communication have now become more pronounced.

Read more

Why micromanaging isn’t always a bad thing

“If you want something done right, do it yourself.” – Charles-Guillaume Étienne (1778-1845), French playwright.

I can see you there, your eyes piercing the headline and the quote and shaking your head in disagreement. But bear with me for a moment. In an entrepreneurial world where inclusion, delegation, communication and trust are the cornerstones of having a successful business thanks to those who work for you, it’s important to know not only when to let your company run on cruise control, but when to step on the brakes and take control of the wheel. Case in point . . .

Read more

Facebook Likes: You get what you pay for

“In this world, you get what you pay for.” – Kurt Vonnegut (1922-2007), writer, “Cat’s Cradle”

March 2017 – Have you ever gone to a Facebook page of a small business and noticed that they have tens of thousands or hundreds of thousands of likes or fans and you ask yourself, “How do they do it?” So, you do a little research and the next thing you know is you find out that all this small business did was pay a company to increase the number of likes on their page by using a network of people they have. You then say to yourself, “What a great idea” and you begin to look for a company that can do that for you.

Read more

Preparing your business for the Zombie Apocalypse

"My Zombie apocalypse plan is simple but effective; I fully intend to die in the very first wave. Seems more logical than undergoing all kinds of hardships only to die eventually anyway (through bites / malnutrition / or terminally chapped lips)." – Graham Parke, writer and humorist.

Read more

Do you know when it’s time to close a business?

December 2016 – “You've got to know when to hold ‘em, know when to fold ‘em, know when to walk away, and know when to run...” – Kenny Rogers, “The Gambler”

Read more

Does your business suffer from workplace friction?

"You say he's childish, but he's very professional about business transactions." – Martin Bashir, British journalist.

It’s bad enough when people are exposed to each other’s shortcomings and bad habits eight to ten hours a day. But what happens when you start to see those same faults and foibles during off hours? The level of disrespect between employees in small businesses has reached an all time high and some experts are pointing to social media as the culprit.
Read more

How to prevent the Internet from killing your business

August 2016 – "You can’t unring a bell." – David Foster Wallace, American novelist (1962-2008).

Read more

Never cook bacon in the nude

There is a good reason why we don’t cook bacon in the nude. Whether you are a politician, a student, a member of the military, or a business owner, success and failure can hang in the balance based on one simple premise – the details.

Read more

Is there a Magic Formula to succeed at business?

“I’ve been asked many times to lay out my magic formula for building a successful small or medium-sized business. I usually respond by saying there's no magic, only hard work and experience.” – Robert Reid, CEO of Intacct, a cloud-based financial-management software provider.

Read more

Is President Trump good for my business?

“I like thinking BIG. If you're going to be thinking anything, you might as well think BIG.” – Donald J. Trump, American businessman and President of the United States.

Eighteen months ago we asked the question: Would President Trump be good for my business? Whether the answer was a resounding YES or reverberating NO, there was another, more important question at the root of the subject that perhaps should be asked: “What have I learned from Donald Trump that will help my business?”

Read more

Are your business practices obsolete?

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” – Richard Buckminster ‘Bucky’ Fuller, American architect, systems theorist, published author of more than 30 books, designer and inventor.

Read more

Are your employees really your company’s greatest asset?

"Our employees are our most valuable resource." – Author Unknown

We’ve heard this before; a hundred fold. Businessmen have said it so many times over the years that most people who work for these entrepreneurs are sick of hearing it, because too many times the actions of the companies do not match the words of the leaders who are quoted.

Read more

How much money are you actually wasting?

“Stopping advertising to save money is like stopping your watch to save time.” – Henry Ford, 1863-1947, American industrialist and founder of the Ford Motor Company. Henry Ford had it right. But he also knew how much to spend so it wasn’t wasteful.

Read more

Are you wasting valuable advertising dollars?

"Half the money I spend on advertising is wasted; the trouble is, I don't know which half." – John Wanamaker, 1838-1922, merchant, religious and civic leader, political figure and marketing pioneer.

Read more

Why running a business is like fighting a war

October 2015 – “Business is war. I go out there, I want to kill the competitors. I want to make their lives miserable. I want to steal their market share. I want them to fear me and I want everyone on my team thinking we’re going to win.” – Kevin O’Leary, businessman and star of ABC-TV’s “Shark Tank”

Read more

Louis Mamo & Company to represent Zanart Design, producers of upcoming exhibit

September 9, 2015 – Louis Mamo & Company, a business solutions firm serving clients for more than 30 years and based in Pompano Beach, Florida with offices in Las Vegas, Nevada, announced today it has entered into an agreement to represent Zanart Design LLC, a licensing and marketing firm whose principals have a long history with some of the world’s leading entertainment properties.

Read more

When Business Perception is Business Reality

September 2015 – In the ever changing dog eat dog world of business, small, upstart business owners are constantly put to the test in fighting for the almighty dollar. Why? Because more and more consumers are gun shy in dealing with a small company for fear that they may not be around in six months.

Read more

Using Social Media to grow your business

Does social media confuse you? Perhaps even scare you? In today’s world where companies are jockeying for market share and exposure, social media marketing has become perhaps the single most important tool for companies, especially small ones, to not just survive, but to thrive.

Read more