Louis Mamo

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.

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.

“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 . . .

 

“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.

January 2017 – "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.

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”

November 2016 – 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.

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

June 2016 – 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.

“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.

March 2016 – Whether the answer is a resounding YES or reverberating NO, there is another, more important question at the root of this subject that perhaps should be asked: “What have I learned from Donald Trump that will help my business?”

February 2016 – “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.

January 2016 – "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.

December 2015 – “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.

November 2015 – "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.

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”

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.

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.

August 2015 – 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.