May 5, 2023
QuickBooks is a financial management software that is specifically tailored for small to medium-scale businesses. Its software is designed to help business owners manage their company’s finances, create financial reports, and streamline accounting processes. The software’s intuitive system and easy-to-use interface have made it the go-to financial management solution for over 29 million users in […]
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April 12, 2023
As the deadline for filing your tax return looms, you may start to feel a sense of panic or anxiety. Perhaps you’ve been too busy or overwhelmed with other tasks to prioritize tax prep, or maybe you’re unsure where to begin. Whatever the case may be, it’s important to know that you have options when […]
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April 5, 2023
Filing taxes is a task that can be daunting for anyone. The process can be both confusing and time-consuming, leaving many people feeling stressed and overwhelmed. Fortunately, there is a solution to this problem – hiring a tax pro. Tax professionals are experts in their field, and they can help to make the process of […]
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March 28, 2023
Don’t let Tax Day sneak up on you! With the filing deadline just around the corner, now is an important time to make sure all your documents are in order, and all forms have been submitted. If not, we’ve got a few timely tips that can help ensure everything gets completed without any penalties or […]
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March 24, 2023
When Silicon Valley Bank was shut down on March 10th, it came as a shock to many in the tech and finance community. Unless you were a customer or employee, chances are this was the first time you had heard of this bank. You might be asking yourself now, what went wrong, and what does […]
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March 16, 2023
Tax season is here, and it’s time to ensure you maximize your business tax strategy. It can be overwhelming – reviewing your structure, finding all those deductions or credits, and the ever-changing codes! That’s why our team at LMC has compiled a list of the top things you need to know during tax season. Review […]
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March 3, 2023
Are you worried about the current state of the global economy and how it will impact your business? Don’t worry – you’re not alone. Ensuring your business is resilient to a financial downturn can be daunting, but having the right strategies in place can make all the difference. Fortunately, whatever stage of business ownership or […]
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July 13, 2022
The U.S. government’s bid to collect billions of dollars in taxes is hitting a snag, with the Biden administration poised to delay when crypto brokers and exchanges must start gathering detailed information on their clients’ trading. The Treasury Department and the Internal Revenue Service are likely to push off a January date for the firms […]
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June 16, 2022
Our firm received a $31,000 check from the IRS last month for the Employee Retention Credit, or ERC. How would you like a check that big, or even a lot bigger? The ERC arrived as part of the CARES Act that Congress passed in 2020. We have used that law to help our clients and ourselves […]
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June 15, 2022
For anyone in the Sunshine State who’s considering home upgrades before hurricane season ramps up, the state of Florida has some incentives to help get those projects going. July 1 begins a 2-year, tax-free window on impact-resistant doors, garage doors, and windows. Florida’s Chief Financial Officer Jimmy Patronis offered a window into the state’s new Home […]
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May 17, 2022
The Federal Reserve recently announced that it’s raising interest rates by half a percentage point — the biggest increase to short-term borrowing costs in more than two decades — and alerted consumers that more hikes of this size are yet to come, marking the U.S. central bank’s most aggressive moves yet to contain the highest […]
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April 12, 2022
The deadline to file your tax return is inching closer. For taxpayers expecting refunds, tax season couldn’t come soon enough. For most taxpayers, the last day to file your taxes is April 18. Typically the deadline falls on April 15, but it was pushed back because of the Emancipation Day holiday in Washington, D.C. Taxpayers […]
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March 13, 2022
The war in Ukraine will likely raise prices of energy, food, and other goods for US consumers and businesses. Both Russia and Ukraine are major producers of not only oil and gas, but also of wheat, corn, and other commodities used in a wide variety of products. Now, violence and resulting economic sanctions against Russia […]
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February 14, 2022
Did you get all of your 2021 Economic Impact payments? If not, you should have received Letter 6475, which the Internal Revenue Service began issuing in late January, that offers details about your 2021 Economic Impact Payment. The IRS letter can help tax filers determine whether they are owed more money and if they are […]
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January 16, 2022
The 2022 tax season will officially begin on Monday, January 24. The IRS is encouraging everyone to have all the information they need to file a complete and accurate return this year. Accurate tax returns can help avoid processing delays, refund delays and IRS notices, they say. Those who received advance Child Tax Credit payments […]
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December 15, 2021
We have managed to plow through another year of pandemic confusion, mandates, and changes in how we manage our businesses. The good news, it seems the worst is behind us and we can look forward to continuing our business journey. We’re almost at the New Year and we thought it might be helpful to talk […]
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November 13, 2021
Half the effort of hiring a business accountant is knowing when you need one. Unfortunately, there’s no distinct point in time when every small business owner needs to hire an accountant . . . But there are a few warning signs that you need one. If you find yourself in these scenarios, it might be […]
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October 19, 2021
The October 15, 2021 Federal Income tax deadline to file your 2020 personal tax return has come and gone. Did you miss it? Depending on your situation that could be cause for an “oops” or it could mean you need to take action ASAP to avoid owing any more to the IRS. If you missed […]
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July 4, 2021
With the arrival of summer and more people getting out and about nationwide, especially during the months of July and August, people are planning vacations, looking for jobs, and starting home improvement projects. Unfortunately, scammers are gearing up to take advantage of these summertime, post-quarantine activities with a wide array of schemes aimed at turning […]
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June 1, 2021
Cooped-up U.S. residents may be eager to take to the skies again, but a growing demand for air travel ahead of the summer may not be enough to get U.S. airlines past last year’s doldrums. While demand for leisure trips might be on the upswing with summer here, U.S. air carriers have seen their expenses […]
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May 9, 2021
By most accounts, the U.S economy is set to boom this summer: pent-up pandemic savings are burning a hole in consumers’ pockets, vaccines are rolling out and trillions of dollars in federal stimulus spending are working their way through the economy—not to mention the warmer weather ahead. But the picture isn’t all rosy: some are […]
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May 2, 2021
Social Security is a guaranteed income source that can help you pay for expenses in retirement. The percentage of your income that this benefit will replace depends on how much you made while you were working. But for the average wage earner, it will replace about 40% of their pre-retirement income. The type of life […]
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May 1, 2021
“How could I turn that down?” the 39-year-old electrician asked, holding a tall vodka drink, basking in 90-degree temperatures, and soaking in the sights of street entertainers and tourists on Friday in a downtown casino pedestrian mall. “I’m having a blast,” said his friend, cosmetologist Jade Topor. “Pretty much what I expected.” Las Vegas has […]
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April 21, 2021
A good credit score is crucial to building a healthy financial foundation for your life. Not only does it make it easier to qualify for credit when you need it, but it also gives you a better chance of scoring lower interest rates and even insurance premiums. In many cases, it can also give you […]
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April 14, 2021
Americans received three rounds of government stimulus checks, enhanced unemployment benefits and other pandemic-related federal aid, though they’ve been largely confined to their homes and have few places to spend it. The big question: How much of the cash will they unleash when the economy almost fully reopens by summer as most people are vaccinated? […]
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April 7, 2021
The Internal Revenue Service will automatically issue tax refunds next month to Americans who already filed their returns but are eligible to take advantage of a new break on unemployment benefits. But some taxpayers may still have to file an amended return in order to receive their maximum refund, the agency said. That’s because certain […]
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March 31, 2021
Americans have until May 17th to contribute to their individual retirement accounts and health savings accounts — the same day that federal income taxes are due, the Internal Revenue Service said on March 29th. The policy change gives individuals an extra month to make contributions to their individual retirement accounts for 2020, including IRA and […]
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March 31, 2021
Small businesses have until May 31 to apply for a forgivable loan President Biden on Tuesday signed into law a two-month extension of the Paycheck Protection Program one day before the coronavirus relief fund was poised to expire, giving small businesses until May 31 to apply for a forgivable loan. Senators voted 92 to 7 […]
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March 24, 2021
Following an unpredictable year with many changes and challenges, the Internal Revenue Service shared several important reminders for taxpayers who are about to file their 2020 federal tax returns. Choose direct deposit The safest, most accurate and fastest way to get a refund is to electronically file and choose direct deposit. Direct deposit means any […]
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March 17, 2021
While it will still take a few more months into 2021 to get back to something near normal (or at least pre- 2020 normal), one thing that hasn’t changed is tax season. Although the tax deadline was pushed to July last year because of the coronavirus pandemic, this year, the deadline returns to April 15, […]
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March 10, 2021
Know investment tax basics. There are certain things you can’t afford to get wrong as an investor. Making sure you have the right asset allocation and that your risk tolerance aligns with your risk capacity is important. But there’s something else to keep in focus: taxes. Managing tax-efficiency in your portfolio matters if one of […]
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March 3, 2021
Is your small business taking advantage of every tax deduction it qualifies for? Here are 36 deductions that may help your business save money on taxes. Also referred to as tax write-offs, business deductions are allowable expenses that you can use to lower your business’s taxable income. Many of the most common tax-deductible business expenses, […]
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February 24, 2021
If you are a small business owner, you will find yourself having to take on various tasks outside the scope of your managerial role. Some of these administrative tasks will involve accounting, payroll, and preparing income tax documents for your accountant. If you’re not already doing so, it might be time to consider using QuickBooks. […]
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February 17, 2021
Filing taxes won’t be the same this year. Blame the pandemic. Getting ready to tackle your federal income taxes for 2020? Due in large part to the coronavirus pandemic, your return could be different — and perhaps a bit trickier — this year than in years past. Here are 10 things taxpayers should understand before […]
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February 10, 2021
Identity theft is always a concern but during tax season, identity thieves seem to work harder than ever. They take advantage of the personal information in your mailbox and even trick countless people into giving them sensitive information by posing as IRS agents on the phone or via email. Tax-related identity theft is a serious […]
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February 3, 2021
If you’re like us, you probably never want to think about 2020 again. But there is one lingering ghost from last year that you need to get rid of before you can truly move on for good—and that’s your 2020 taxes. Thanks to the coronavirus (among other things), a lot has changed for the 2021 […]
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January 27, 2021
Whether it’s scrambling to finish that college term paper the night before it’s due or running around the mall looking for Aunt Carol’s present on Christmas Eve, we’ve all been guilty of procrastinating important tasks at some point. But there’s one thing we love putting off until the last minute more than anything else: Paying […]
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January 20, 2021
As hard as it is to believe we’re entering the second half of January and many businss leaders are starting to assess and adjust their budgets and strategies for what could be an unpredictable 2021. While the future for many leaders seems uncertain, last year has undoubtedly taught us that planning to fail is never […]
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January 13, 2021
It might seem entirely too early to start thinking about your 2021 taxes. After all, it’s still early January and the tax deadline for 2020 taxes is approximately four months away. However, it’s a good idea to think of tax planning as a year-round process, not just something you do at the end of the […]
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January 6, 2021
The coronavirus pandemic has upended many aspects of life for people throughout the U.S. – and tax season may also be an unusual one for some filers. 2020 tax returns are due by Thursday, April 15, 2021. Many workers may be faced, however, with different circumstances this year if they opted to work remotely in […]
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December 30, 2020
Your brand is much more than a cool logo, it’s how other people perceive your business. Your brand is the cohesive combination of design, language, storytelling and experience. Together they combine to evoke a feeling – “the vibe” – with your target audience, to influence them to engage with your brand and ultimately buy from […]
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December 25, 2020
Happy Holidays From Louis Mamo & Company.
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December 23, 2020
Angel investors invest in early-stage startup companies in exchange for a stake in the company. Angel investors hope to replicate the high-profile successful investments made in companies like Airbnb, Facebook, Instagram, WhatsApp, Uber, and more. Angel investors typically make small bets ($25,000 to $100,000) with the hopes of getting “home run” returns. Angel investors understand […]
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December 16, 2020
The holiday season is upon us. And this holiday season is unlike any other we’ve ever experienced. While this time of year usually has plenty of reasons to celebrate, it also adds stress to already busy work and personal lives. Add the the additional stress of the Coronavirus pandemic on top of that and you […]
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December 9, 2020
Were you one of the 43% of businesses who had to close at some point during the COVID-19 crisis? Did you stay open but your business is feeling the most serious recession in world history? Even advanced countries are expected to see at least a 7% economy downfall through 2020. The pandemic is seriously impacting […]
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December 2, 2020
The COVID-19 pandemic has disrupted nearly every aspect of operations for many businesses. As the pandemic continues, businesses face challenges regarding their relevant reporting requirements or other accounting issues. Below, we provide an overview of 13 common accounting and reporting concerns impacting businesses during COVID-19 and actions your company could take to confront these issues. […]
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November 25, 2020
The holidays are right around the corner. This year has been quite the rollercoaster so it’s hard to say how this holiday season will unfold as states begin reopening and consumers adjust their purchasing behaviors. eCommerce/retail giants like Amazon, Target, and Walmart are likely to pave the way for others in the industry. These retailers […]
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November 18, 2020
Tax planning may well be a year-round job, but the fourth and final quarter of the year is where the rubber meets the road. Many of the most common strategies used for lowering one’s annual tax bite take weeks or months to execute and must be implemented by Dec. 31. (Contributions to a traditional IRA […]
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November 11, 2020
The end of the year is a busy time for most people. Unfortunately, it is usually also the last opportunity to make financial moves that will count towards the current year. If you’ve been slow to tackle your financial to-do list this year, consider completing your checklist before the end of the year. No matter […]
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November 4, 2020
Simply put storytelling can make or break your leadership. For example . . . “It’s a new goal-setting framework.” That was one executive’s attempt at an inspirational rallying cry for their rollout of Objectives and Key Results, or OKRs. As you might expect, it wasn’t met with much enthusiasm: “Why do we need a new […]
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October 28, 2020
As miserable and devastating as coronavirus is, there is exceptional creativity happening around us. When we finally arrive at the other side of a national vaccine, we will see a changed brand-business world of remarkable new ideas. What is amazing is that some of this innovation is already underway.
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October 16, 2020
Crowdfunding is a challenging endeavor even in the best of times. Recent data indicates that from January 2014 to the present day, only 22.9 percent of crowdfunding projects met their funding goals. Combine this with the harsh economic and social realities of the COVID-19 pandemic, and it becomes clear how strong the headwinds are for […]
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October 14, 2020
In 2020 consumers were forever changed, and businesses have had to adapt faster than ever to stay afloat. When cash flow is tight, pulling back on marketing might be the first thing you want to do. But history shows that in the face of adversity, it’s more important than ever for businesses to actively promote […]
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October 7, 2020
All of a sudden, the benefits of keeping people on the ground and sending unmanned aircraft aloft has become obvious to a lot more companies. How COVID-19 helped the struggling drone industry take flight.
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September 30, 2020
Since the beginning of the pandemic, nearly 100,000 businesses have permanently closed. As such, more and more businesses and individuals are turning to bankruptcy as a way of dealing with the pressure put upon them by creditors.
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September 23, 2020
The decision to file for Social Security isn’t an easy one, since the age you claim benefits at will dictate how much monthly income you receive for the rest of your life. While you’ll often hear that signing up for Social Security early is a big mistake, many experts are now shifting their opinion and […]
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September 16, 2020
If ever there were an experienced teacher or wise magi in the realm of fast food, one would think it would be McDonald’s. They have dominated the space for decades and have a brand value twenty times larger than Burger King. That said, recent news from under the golden arches (versus the golden crown) has […]
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September 9, 2020
Anybody can be a business owner and the same goes for being a boss. But, it takes a special type of person to be a leader. Sure you’re persistent and you’re passionate, but do you have the critical third trait that is needed to be successful in business?
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September 2, 2020
If you haven’t already heard Walmart has joined Microsoft in its bid to buy TikTok’s U.S. operations. Why would a 58-year-old American company known for big box stores be interested in an app that features dance videos, lip syncing performances and comedy routines? The answer is in how teens shop in China and how they’re […]
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August 26, 2020
Social media is an ever-changing landscape that can be hard to keep up with, especially when preparing your social media marketing strategy for your business. New social media trends crop up every few months or so, and you can be sure your customers are keeping up. If you need help staying up to date or […]
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August 19, 2020
A second stimulus check is being worked on and it could arrive faster than it did in the first round, but a final bill has to pass first. With a schedule that is still unknown, we did some research and we broke down some likely scenarios and potential distribution dates, given what we know.
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August 12, 2020
There are lessons to be learned from this current marketing environment. Not even the best prepared businesses could have planned for the economic fallout that is taking place during this pandemic. How should business owners and marketers respond? Is it too late to make effective changes to your marketing plan? There are steps you can […]
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August 5, 2020
Even before COVID-19 forced many businesses to shut their doors or limit in-person activities, we already lived in an increasingly digital world. A huge chunk of modern freelancers and solopreneurs do practically all of their business online.
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July 29, 2020
Despite the option of being able to take penalty-free withdrawals from their retire accounts of up to $100,000, most savers are leaving their plans alone and opting for getting cash a different way.
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July 22, 2020
What is the new stimulus timeline? What’s the status for Americans who’ve filed their taxes? Who is eligible and who is not? when’s the soonest the IRS could send a second stimulus check? How much will it be? We try to answer all your questions.
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July 15, 2020
Six months into our new decade and we’ve lost any hope for a “Roarin’ Twenties” boom time. Months of stay-at-home orders across the country because of COVID-19 have changed the economic and cultural landscapes for years to come.
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July 8, 2020
As the spread of the coronavirus continues, cities and states are beginning to weigh the benefits of reopening the American economy. With millions of Americans filing for unemployment benefits and record unemployment numbers, unseen since the Great Depression, many are simply trying to survive the current economic standstill.
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July 1, 2020
For many who are still feeling the financial impact of the Covid-19 pandemic, additional stimulus checks can’t come soon enough. But what if you need cash now and there are no additional checks? Or, what if you are working, but payday is days or even weeks away? What do you do?
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June 24, 2020
As more and more Americans return to the workplace from being quarantined at home, we are reminded that as much as we’d like to be social with each other, there are some things we should avoid discussing at work because bringing up these topics could make your coworkers and customers uncomfortable or influence their opinions […]
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June 17, 2020
Market uncertainty has everyone wondering how to protect their assets. Investing in a high-yield account helps your money grow faster than a traditional bank account. Choose from trusted FDIC-backed companies to recession-proof your money. With a higher APY and convenient online services, there’s no better time to act: Open your high-yield account now.
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June 10, 2020
The federal government has directed lenders to give consumers a break on some of their monthly bills amid the coronavirus crisis — without reporting them as delinquent or past due. However, individuals should be more vigilant than usual about monitoring their credit reports and scores.
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June 3, 2020
Business owners across the country have been hit hard in recent months. The COVID-19 pandemic closed many businesses or completely changed the way they have had to do business. Just as businesses were beginning to reopen, riots and looting have left many businesses dealing with smashed windows, stolen merchandise. Some have even had their buildings […]
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May 27, 2020
If your Memorial Day travel plans involve staying home, you can make the most of the long holiday weekend by cleaning up your finances. The federal holiday is a great opportunity to tackle some basic financial housekeeping duties as you prepare to come out of the Covid-19 quarantine and head into the second half of […]
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May 20, 2020
The classic advice regarding Social Security was to take benefits at age 70. The new advice, amid the pandemic, is a bit surprising. Within a week, the Covid-19 death toll in the U.S. will top 100,000. Maybe it wasn’t such a great idea to delay Social Security?
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May 13, 2020
Complete forgiveness may not be as simple as some business owners think. The Small Business Administration and Treasury Department on Friday released the application for business owners to fill out in order to have their Paycheck Protection Program loans forgiven.
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May 6, 2020
If you’re a small business owner or a manager who was thrown into a situation where you and your team now work from home thanks to the coronavirus, for the past several weeks your life has been a lot harder… and a little weirder.
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April 29, 2020
Whether or not the stay-at-home order has been lifted from your city and state, now is the time to start thinking about relaunching your business. The businesses that hop on their new re-opening strategy now will have a leg up once customers are ready to get back to normal.
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April 22, 2020
Banks, credit card issuers, utility companies, and other service providers have stepped up in a big way to help customers who are unable to pay their bills due to the coronavirus pandemic. Many will allow you to defer payments for a set number of months without late fees or damage to your credit score, so […]
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April 15, 2020
You sure are spending a lot more time on that phone of yours nowadays, aren’t you? But perhaps you’ve tired of Sudoku, your eyes glaze over during Netflix binges and you haven’t touched Candy Crush since you started seeing the game in your dreams.
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April 8, 2020
With stay-at-home orders in place, many Americans fear they could potentially lose money they’ve already spent on trips, events and other things that are now canceled or postponed. But the coronavirus pandemic shouldn’t derail your finances.
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April 5, 2020
In this week’s LMC Newsletter: What your business needs to know about the government’s new forgivable loan program, plus comparing the two main loan programs, step-by-step instructions on how to make your own face mask, marketing strategies to keep you in business during the pandemic and more.
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March 29, 2020
Small business owners were told that on Friday, April 3rd, they would be able to apply for a new, forgivable loan to help keep their businesses afloat during the coronavirus crisis.
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March 29, 2020
How the Paycheck Protection Program is different from an economic injury disaster loan.
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March 29, 2020
In this week’s LMC Newsletter: Stimulus Checks: How Much You Should Be Getting, plus COVID-19 updates from the State of Florida and from the State of Nevada.
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March 22, 2020
Now that Congress has approved the $2.2 trillion stimulus package, you may be wondering what your cut will be. We’ve tried to simplify it for you.
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March 22, 2020
In this week’s LMC Newsletter: Coronavirus Updates: New Tax Deadline, Keeping customers during COVID-19 and more.
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March 15, 2020
Even if you need to close due to health and safety concerns, there are ways to keep serving your customers during the coronavirus outbreak. From promoting gift cards and discounts to holding online events, there are several ways small businesses can hold on to and engage with their customers during this difficult time.
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March 8, 2020
The Treasury Department and Internal Revenue Service announced on Saturday March 21, 2020 that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.
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March 1, 2020
From remote work to business interruption insurance, there are several things that small business owners need to consider in both the short and long terms surrounding COVID-19.
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February 23, 2020
For Corporate America, the Coronavirus could pose a double-whammy. Not only are many companies experiencing costly disruptions to carefully calibrated supply chains, but they are bracing for weaker demand. Are you ready?
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February 16, 2020
Whether you’re entering the workforce for the first time, looking to change careers, or in a leadership position, one of the most important factors to consider is the culture of your workplace. In fact, according to research from Deloitte, “94% of executives and 88% of employees believe a distinct workplace culture is important to business […]
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February 9, 2020
Fraudsters steal billions of dollars each year by combining sophisticated email hacking with old-fashioned wire transfers. In 2018, Frank Krasovec took on a $1 million personal line of credit from PlainsCapital Bank. A few months later, he went on a business trip. When he returned, $450,000 was missing.
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February 2, 2020
Even if you’re a successful entrepreneur with several companies under your belt, no amount of experience completely removes the challenges of running a business. Whether you’re embarking on your first venture or you’re a seasoned leader, you’ll likely deal with these five common obstacles. Here’s how to navigate them.
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January 26, 2020
Starting a successful startup venture requires a lot of time and risk-taking. It requires paying less attention to current predictable wealth building channels like a business or well-paying job hoping that the startup idea will take off to substitute or complement existing channels while allowing you to make a stronger impact in the world. Most […]
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January 19, 2020
You’ve probably heard a hundred times that Search Engine Optimization (SEO) is a vital digital marketing tool, but even if you have a basic understanding of what it entails, you may still not have a solid grasp on this complex and multifaceted creature.
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January 12, 2020
Successful leaders know that if they want their business to grow and prosper long term, they cannot afford to stick with the same old business practices. They must find ways to reach new customers and increase their profits. One strategy for accomplishing this is diversification. Think Amazon. By offering multiple services, businesses can fill seasonal […]
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January 5, 2020
This year’s tax season is kicking off amid much less fanfare than last – which began after a record-long government shutdown – but taxpayers may still encounter some of the same issues if they have not been proactive over the past year.
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December 29, 2019
Technology sits at the intersection of management and operations. Businesses of all types and forms deploy software solutions for online positioning, marketing automation, customer relationship management, resource planning, application tracking, project management (to name a few).
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December 22, 2019
Growing a business is complicated. According to the Small Business and Entrepreneurship Council, 89% of all businesses employ fewer than 20 employees. And scaling a company further is contingent on solving a number of challenges — most of those being common across all organizations out there.
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December 15, 2019
There’s no doubt about it, accountability eliminates the time and effort you spend on distracting activities and other unproductive behavior. When you make people accountable for their actions, you’re effectively teaching them to value their work. When done right, accountability can increase your team members’ skills and confidence.
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December 8, 2019
Changes are coming to minimum wages in 2020.
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December 1, 2019
It’s hard to find the right employees exactly when you need them. So here are nine suggestions on recruiting, hiring and keeping the right people for your company.
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November 24, 2019
Here are five sure fire tips on how to get deep-pocketed angel investors to open up their wallets and fund your project.
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November 17, 2019
It’s prime time for criminals who will be looking to get a piece of the approximately $730 billion consumers are expected to spend this year in winter holiday retail sales, according to forecasts from the National Retail Federation.
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November 10, 2019
Savvy shoppers know that Black Friday and Cyber Monday present some of the best deals of the year on pricy electronics like TVs. Overall, the National Retail Federation expects Americans will spend about $730 billion this holiday season.
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November 3, 2019
As the saying goes, necessity is the mother of invention. Yet, that doesn’t seem to tell the whole story.
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October 27, 2019
As the year draws to a close it’s time to start thinking about what investments you want to be making in 2020.
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October 20, 2019
Another year has flown by, and no matter what industry you work in, there have bound to have been highs and lows along the way. The year 2020 marks the start of a new decade, and this could mean great opportunities for your business, but you need to be prepared for the challenges and threats […]
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October 13, 2019
Daylight saving time ended at 2 a.m. today (Sunday, Nov. 3). Across most of the U.S., people turned their clocks back an hour and will spent an extra hour in the dark each evening.
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October 6, 2019
In 2019 technology drives business and drives business solutions. At LMC we like to keep our clients informed of the latest Tech News. Here are five things in technology that happened recently and how they affect your business.
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September 29, 2019
Content marketing has solidified its place amongst the core tools in a marketer’s arsenal. In Bill Gates’s predictive essay on the subject back in 1996, he wrote, “Content is where I expect much of the real money will be made on the Internet, just as it was in broadcasting.” This has been largely proven true.
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September 22, 2019
The financial market has been going through significant changes in the last couple of years due to blockchain becoming more involved in the industry. So many financial firms have turned to cryptocurrency for the sake of providing a better service to their customers.
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September 15, 2019
Is the thought of writing a business plan holding you back from starting a business? If you’re eager to get your business idea off the ground—without the drudgery of creating a massive document first—a business model canvas for startups might be right for you.
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September 8, 2019
There’s nothing like being in the right place at the right time. Smart companies spend big money on research and development to ensure that their offerings are up to date and to make sure they don’t miss out on lucrative new opportunities. Traditionally, this practice has been the sole stomping ground of qualitative and quantitative […]
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September 1, 2019
Five big economies are at risk of recession. It won’t take much to push them over the edge. The British economy shrunk in the second quarter, and growth flat lined in Italy. Data published Wednesday show Germany’s economy, the world’s fourth largest, contracted in the three months to June.
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August 25, 2019
Instagram is great for sharing photos, interacting with celebrities and discovering trendy looks — everything even Amazon has struggled to perfect. Fashion houses, retailers and big brands see an opportunity.
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August 18, 2019
Mentally strong leaders think big, act courageous, and feel confident. Whether they’re faced with criticism and crisis, or praise and good fortune, they lead with fierce determination.
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August 11, 2019
With the right strategy, Instagram can be one of the most powerful tools in your marketing arsenal. And as the impact of Instagram and other visual mediums continue to grow, the most important step toward establishing your brand’s authority is to formulate a strategy. Having a good strategy in place helps everyone and this five-step […]
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August 4, 2019
There are more millionaires next door. Despite that fact that most people are undersaved for retirement, a new study out from Fidelity Investments shows that the retirement savings picture isn’t quite as grim as we might think. In fact, the number of 401(k) and IRA millionaires again hit a record high in the second quarter […]
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July 28, 2019
For the 80 percent of Americans who continue to live paycheck-to-paycheck, small-dollar lending can be critical as they all too often are the difference between having a place to sleep and living on the streets.
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July 21, 2019
Is this the future of retail? Stores are becoming more aware of advancements in technology; with an increase in consumer demand for easier ways to shop through digital platforms or in-store, retailers have to keep up with the growth in personalization in retail.
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July 14, 2019
There’s a reason why Silicon Valley firms fret so much about talent: the best business ideas in the world have no chance of being successful without the right team behind them to execute.
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July 7, 2019
In the world of business cooler heads prevail as only strong-willed business owners or managers outlast everyone else to become great leaders. Are you one of them?
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June 30, 2019
Office leasing costs can take up a significant portion of your business budget, and there are a number of factors that go into determining whether you can afford your next space. Simply put, the real cost of your lease is more than just your base rent.
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June 23, 2019
New artificial intelligence software is being used in Japan to monitor the body language of shoppers and look for signs that they are planning to shoplift. The software, which is made by a Tokyo startup called Vaak, differs from similar products that work by matching faces to criminal records. Instead, VaakEye uses behavior to predict […]
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June 16, 2019
The same technology that’s revolutionizing video games is being used to develop new wonder drugs to fight some of the world’s most deadliest diseases.
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June 9, 2019
Two-thirds of all Americans dream of opening a small business, and it’s easy to see why. They romanticize all the good parts — being your own boss, coming and going as you please, and not answering to anyone.
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June 2, 2019
Do you ever think about where your food comes from? Or whether your coffee was harvested by someone who was paid a fair wage? These are questions that blockchain can help answer.
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May 26, 2019
For an interest-only retirement, you’ll need to have a large nest egg. How big a nest egg depends on your target income and the interest rate. For example, an annual income of $48,000 would require a nest egg of $1.6 million, assuming a 3% interest rate. And that’s not even accounting for inflation. To make […]
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May 19, 2019
Making Change: Payments, Perspectives, and Politics. As more and more consumers use credit cards and mobile payment technology — and more businesses accept them — there’s increasing chatter about America’s future as a cashless society.
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May 12, 2019
You spent weeks searching for the right candidate for an open job at your company, and after numerous resume reviews, interviews, and negotiations, you finalized a job offer and got that new hire on board. But what if you realize early on that the candidate you thought was perfect for the role at hand isn’t […]
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May 5, 2019
In early May we celebrated small business week. But perhaps it’s time to consider making every week small business week.
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April 28, 2019
Great bosses are rare. But it’s really not that hard to be one. Employees appreciate a leader who’s respectful, supportive, honest and compassionate, according to a recent informal survey of business readers. And most of all, they don’t like a micromanager.
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April 21, 2019
Downsizing. What exactly does it mean? Less house, fewer bills, less stuff? Yes, yes and yes. Many think of downsizing as moving to a smaller house after the kids have grown and gone. And it is. But let’s not stop there. Downsizing makes sense in other ways, too.
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April 14, 2019
Is buying a home always better than renting? Should you close credit cards after paying them off? If your answers to both questions are yes, you believe some of the most common money myths. April Lewis-Parks, director of education and corporate communications at Consolidated Credit, says not understanding how credit works can be very dangerous.
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April 7, 2019
The retirement landscape is ever-changing. Those who have been working with baby-boomer pre-retirees and retirees are recognizing a shift in retirement philosophies according to a recent Fox Business report.
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March 31, 2019
If your tax refund this year was disappointing, you may be able to do something about it: Contribute more to a retirement fund.
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March 24, 2019
Ariana Jalia has published two children’s books and runs a successful online jewelry business. She is hoping to make $3 million before turning nine years old.
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March 17, 2019
If you read our newsletters regularly, then you know we frequently discuss how some companies have gone out of business because they don’t change with the times and as a result their competition gets one up on them. These companies frequently find themselves at the back of the pack not knowing how they lost so […]
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March 10, 2019
Breaking down Apple’s new focus — from Apple Music to accounting tricks: How Apple makes billions of dollars selling their services.
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March 3, 2019
It wasn’t that long ago that an account deposit or withdrawal required a visit to your bank to complete the transaction. Banking was inconvenient and time consuming. Today, we have lots of options when it comes to financial transactions. Mobile banking is an increasingly popular way to monitor and manage your money.
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February 24, 2019
While you started 2019 with the best of intentions to keep your financial records organized, now that tax season is upon us, you may find yourself scrambling to find receipts and other documentation to prepare your tax returns. All too often, it is accounts receivable that presents the greatest challenge.
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February 17, 2019
It seems like just yesterday 4G was the big buzz word in technology. But that was 8 years ago already and now we are about to embark on 5G technology that truly is a revolution. But, are we ready for it?
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February 10, 2019
Americans save so little money that there is an annual week-long campaign to encourage people to put aside cash for financial emergencies.
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February 3, 2019
You hear it all the time, “change can be a good thing.” And although we as people are creatures of habit and typically do not like change, sometimes recognizing what it takes to adjust to the business environment around you, can be the difference between surviving and thriving.
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January 27, 2019
Most of the challenges in starting or running a business relate back to doing the little things right. Like any good coach has said at some point: The fundamentals get you to the top. If you are a business owner or thinking of starting a small business, make sure you follow these ten important rules for […]
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January 20, 2019
Last year, NBC’s telecast of Super Bowl LII was watched by 103.4 million TV viewers, a 7% decline from the previous year and the fewest for the event since 2009, capping a tough, controversy-plagued year for the National Football League that saw regular season ratings dip 10%.
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January 13, 2019
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 many clients and customers.
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January 6, 2019
As the 2019 filing season is just about here this is a good time for a reminder concerning the changes to the 2018 itemized deductions.
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December 30, 2018
Success. What a beautiful yet complex term. Most of the people want it, but only a few get it. That’s why success is so craved: not everyone can attain it. Success comes with tremendous benefits and opportunities.
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December 23, 2018
To stay competitive, businesses today must change and conform to the latest standards on a nearly real-time basis. This calls for increased focus on developing and establishing the traits of flexibility and adaptability into all levels of the workforce hierarchy. To be a true business leader, the responsibility of embracing and cultivating these two traits […]
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December 16, 2018
This weekend not only kicked off the opening round of playoffs for the National Football League, but on Monday, Jan. 13, the undefeated Clemson Tigers and LSU Tigers will play in the NCAA College Football National Championship game.
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December 9, 2018
It’s the most wonderful time of the year! It’s the holiday season and that means lots of holiday parties and events at work or at home, which can make it very easy to get distracted and not get as much done as you want to during the work week between Christmas and New Years. The […]
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December 2, 2018
Whether you’re starting a small business or exploring ways to expand an existing one for the New Year, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service […]
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November 25, 2018
It’s widely accepted that teamwork is a Good Thing. You’ll hear few sensible people saying, “Teamwork? Pah! What a waste of time!” But what is it about teamwork that makes promoting it a key priority for HR, and for organizations generally?
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November 18, 2018
Have you heard about donor advised funds? According to Anna Bahney, a CNN Business writer and wealth coach, they are a good way to structure charitable giving while getting tax benefits.
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November 11, 2018
With Black Friday behind us and Christmas Day being only 30 days away, the New Year is right around the corner. Whther you’re looking to expand or start anew, here are 5small businesses opportunities for 2019, chosen from across a variety of industries.
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November 4, 2018
New requirements lower the cash threshold and add more metropolitan areas The U.S. Treasury Department said this week it has expanded an anti-money-laundering data program that requires title insurance companies to reveal the owners of shell companies buying luxury real estate.
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October 28, 2018
Are employers invading workers’ privacy? On day one of any new job, employees engage in a sort of Faustian bargain: In exchange for a shiny new computer, they sign away their digital rights. The thinking goes that as long as an employee is on a work device, the employer has the right to monitor what […]
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October 21, 2018
You’ll have the opportunity to save more for retirement next year. The Internal Revenue Service announced this week that it will increase the contribution limits for a range or retirement accounts in tax year 2019. For the first time since 2013, IRA contribution limits are being increased. The IRS also announced an increase in the […]
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October 14, 2018
While travel advice abounds for the best times to buy the most affordable holiday plane tickets, it’s hard to escape reality: Flying during some of the year’s busiest travel periods whether for business or pleasure generally isn’t going to be cheap.
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October 7, 2018
With the holidays right around the corner, many individuals and companies alike are looking for ways to stretch their dollars or buying power. One tried and true tested way is by using credit cards. But, sometimes if you’re not careful, you can easily get choked by credit card debt if cash flow is low.
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September 30, 2018
Habits and routines are powerful. They help us every day, freeing up brain space and releasing us from making countless decisions. But not every habit is good, and not breaking a bad one can hold you back from success.
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September 23, 2018
Smart technology is becoming a part of everyday life. We have smartphones that remind us what and when we have to get things done. We have wearable technology that track everything from our steps to our heart rate. And smart devices for the home, from thermostats and light switches to refrigerators and vacuum cleaners, are […]
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September 16, 2018
A few months ago when all the attention was focused on the Panama Papers, it may have made you more curious about offshore banking. Perhaps you’ve even been thinking of going the “sophisticated investor” route and stashing some of your money offshore, but have hesitated because you don’t want to wind up in trouble with […]
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September 9, 2018
On September 24th Instagram’s co-founders, Mike Krieger (left) and Kevin Systrom (right), resigned from the photo app. Having presided over the company that boomed with help from technological advances and societal changes, their exits add to the challenges facing Facebook, which owns the app.
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September 2, 2018
If you haven’t heard this yet, hold on to your cash, because over the next few years retail stores just might go through a metamorphosis thanks to Amazon.
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August 26, 2018
In April 2017 a London lifestyle and food writer, Oobah Butler, set out to see if he could reach TripAdvisor’s No. 1 ranking with a restaurant that doesn’t exist as he thought there was something fishy with TripAdvisor when “restaurant owners would pay me £10 and I’d write a positive review of their place, despite […]
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August 19, 2018
When you spend decades working with executives and business leaders, you really can’t help but observe what works and doesn’t work over the long haul. One thing we’ve noticed, it’s not intrinsic characteristics or personal habits that determine whether you’re successful or not. It’s your behavior.
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August 12, 2018
Drug addiction exacts a high toll on addicted individuals and their loved ones, but they are not the only ones who suffer from untreated substance abuse issues. Drug addiction also affects employers in several important ways.
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August 5, 2018
How many times have you been frustrated by calling a customer service number to speak with a person only to end up in a continuous loop of prompts that ask you to press this button or that button? One company is trying to reinvent how businesses approach customer care by going old school — connecting […]
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July 29, 2018
Motorcycling in America is getting a makeover. Industry stalwarts and upstart competitors are trying to attract new riders who want something different from Harley-Davidson’s big burbling cruisers or screaming Japanese and European performance bikes.
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July 22, 2018
Meal prep kits were supposed to make the supermarket obsolete. The opposite has proven true. Now the companies that make the kits may need to partner with a grocery chain to survive.
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July 15, 2018
Running short on time? Need to have that meeting but just can’t squeeze in that extra hour? Meetings can take a large bite out of your work day, especially if they take place offsite. Scheduling others to cover your work, making travel arrangements and planning for a space to accommodate attendees take time away from other […]
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July 8, 2018
So you’ve decided to make the leap and invest in social media sites for business – good choice! Social media is one of the cheapest forms of marketing available, and the ROI it’s providing to the business world is growing more and more every day.
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July 1, 2018
Unless you’re a small business owner who is not interested in growing your brand, you need to have a Website. These days building a business website or ecommerce store is easier than ever: it doesn’t cost much money, you don’t have to know how to code or design, your online store is not restricted to […]
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June 24, 2018
Electric vehicles have a lot of perks: zero emissions, a quiet ride and instant acceleration. But can they save you money? Probably not.
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June 17, 2018
The “gig economy” isn’t just a buzzword. It’s an accurate description of the state of the modern market – an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements – the Bureau of Labor Statistics has admitted difficulty in counting the exact number of independent contractors and contingent […]
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June 10, 2018
When Toys “R” Us announced plans to close all 735 of its U.S. stores back in March, it wasn’t exactly a surprise as sales and marketplace shares were lost to online companies like Amazon. This past Friday the harsh reality hit home as Geoffrey the Giraffe said his final goodbyes and like Lionel Playworld / […]
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June 3, 2018
Each new season brings new challenges and new trends in social media marketing. These six trends are an excellent source of ideas for your social media marketing calendar, but don’t overlook the value of staying up to date on current hashtags and trending topics online. The key to a successful social marketing season is looking […]
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May 27, 2018
Every startup has one major need in common: money! Financing a startup takes a great deal of overhead, often before any revenue streams have come to fruition. That means while your fledgling company is spending money left and right to get up and running, it’s likely not bringing anything in.
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May 20, 2018
You probably heard about it. You might have even talked about it. If IHOP had simply announced it was debuting a new line of hamburgers, would you even have noticed? The brilliance of the “IHOb” “rebrand” isn’t just that it got the internet buzzing about IHOP. Not all publicity is good publicity — people have […]
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May 13, 2018
German conglomerate Bayer on Thursday closed its $63 billion merger with Monsanto after getting the required nod from U.S. and EU regulators. With Bayer successfully completing the acquisition of Monsanto, shares in the U.S. company will no longer be traded on the New York Stock Exchange. Monsanto shareholders are being paid $128 U.S. per share.
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May 6, 2018
Looking for another sign of how tough it is in the world of retail? After a 104-year era, the Lord & Taylor store on New York’s Fifth Avenue is going to shut down next year and become a WeWork space.
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April 29, 2018
Small businesses make up 99.9 percent of all businesses in America. Brock Blake, the founder and CEO of Lendio, the nation’s number one marketplace for small business loan, quotes this statistic often, and for good reason. There’s nothing small about the impact these types of businesses have on our economy. Yet they routinely report difficulty […]
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April 22, 2018
While the final chapter to the Las Vegas Golden Knight’s Cinderella story has yet to be written, and we’re really not sure if the glass skate will fit, the season is already a major success. The once 500 to 1 long shot National Hockey League expansion team is just four wins away from history as […]
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April 15, 2018
Tighter limits on deductions for entertainment and meals are prompting many business owners to cut back.
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April 8, 2018
The internet is littered with ways to spoil moms on Mother’s Day. Between chocolate, flowers and homemade spaghetti necklaces, there’s no shortage of ideas. One thing that often gets overlooked, however, is how we speak to moms. Specifically, moms who run their own businesses, freelance, or work from home. The prevailing misconception is that these […]
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April 1, 2018
In 2001, a new approach to technology development was created by a daring group of developers. Called Agile, the process put customers at the center of product development, encouraged rapid prototyping, and dramatically increased corporate speed and agility.
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March 25, 2018
Technology is poised to change the workplace, from robot co-workers and Artificial Intelligence (AI) bosses to a fun twist on working remotely. One such innovation is virtual reality. Although it’s often associated with gaming, it can also be a powerful workplace training tool. Construction workers can put on a VR headset to understand hazards before […]
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March 18, 2018
If we all started thinking about it, we would discover a horrifyingly long list of ways we have thrown away money by putting off essential tasks. But at least we are not alone. If you polled friends and co-workers, there’s a good chance you’d hear a number of similar experiences all caused by procrastination.
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March 11, 2018
Each week at Louis Mamo and Company we try to identify stories that might be important to you and your business. We look at and examine trends in marketing, technology and general business so that you may benefit by potentially adapting your business to insure its longevity and success.
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March 4, 2018
Almost half of the world’s population claims one of only 10 languages as their mother tongue. So what are the top 10 languages of the world? You might be surprised.
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February 25, 2018
This week the issue of privacy in social media dominated the news. And as Mark Zuckerburg gets ready to head to Washington, the impact of Facebook’s woes on small businesses was addressed. The eroding of trust in the social network among Americans may have small businesses rethink how to use Facebook to reach customers.
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February 18, 2018
Arizona officials saw opportunity when Uber and other companies began testing driverless cars a few years ago. Promising to keep oversight light, they invited the companies to test their robotic vehicles on the state’s roads. Then last Sunday night, March 18, an autonomous car operated by Uber — and with an emergency backup driver behind […]
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February 11, 2018
Television-advertising sales in the U.S. fell 7.8 percent to $61.8 billion last year, the steepest drop outside of a recession in at least 20 years, while sales at cable networks slumped for the first time in almost a decade. And there’s no sign of a pickup in 2018, excluding cyclical events like the Olympics and […]
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February 4, 2018
People looking to fund new ventures are turning to their Rolexes and art collections as collateral for quick and easy loans from high-end pawn shops. The handful of lending companies tapping into the trend let their affluent clients take quick thousand-dollar or million-dollar loans with high-end collectibles as collateral. That’s far greater than the average loan […]
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January 28, 2018
Tony Robbins once said, “If you want to be successful, find someone who has achieved the results you want and copy what they do and you’ll achieve the same results.” While many people dismiss self-help gurus like Robbins, thinking they are charlatans or modern day medicine men who perpertrate an elaborate con, the more successful ones, […]
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January 28, 2018
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.
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January 21, 2018
Do you or your company use Gmail? We are seeing more and more companies and individuals moving to Gmail as their preferred email platform. And there’s a good reason for that. It’s free. Not only is Gmail easy to use, but whether you realize it or not, it keeps evolving and has developed into more than […]
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January 14, 2018
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.
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January 7, 2018
We are only a few weeks into the New Year and 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 […]
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December 31, 2017
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 […]
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December 24, 2017
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 […]
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December 17, 2017
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!
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December 10, 2017
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 […]
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December 3, 2017
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?
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November 26, 2017
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.
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November 26, 2017
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.
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November 19, 2017
If you haven’t seen them, you’ve probably heard about them – homes and businesses being built from cargo or shipping containers.
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November 12, 2017
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 […]
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November 5, 2017
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?
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October 29, 2017
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 […]
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October 22, 2017
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 […]
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October 15, 2017
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 […]
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October 8, 2017
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 […]
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October 1, 2017
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.
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September 24, 2017
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 […]
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September 17, 2017
When hurricanes hit an area, depending on the path they take, damage and impact can range from minor to catastrophic. As we’ve all witnessed recovery efforts that were done in such diverse places as South Florida, Houston, New Orleans and Puerto Rico, for many of our Florida clients, they were very lucky that in 2017 […]
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September 10, 2017
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.
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September 3, 2017
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 […]
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August 27, 2017
“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 […]
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August 20, 2017
“In this world, you get what you pay for.” – Kurt Vonnegut (1922-2007), writer, “Cat’s Cradle” 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 […]
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August 13, 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.
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August 6, 2017
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”
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July 30, 2017
“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 […]
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July 23, 2017
“You can’t unring a bell.” – David Foster Wallace, American novelist (1962-2008).
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July 16, 2017
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.
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July 9, 2017
“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.
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July 2, 2017
“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. We once 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 […]
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June 25, 2017
“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.
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June 18, 2017
“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 […]
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June 11, 2017
“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.
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June 4, 2017
“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.
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October 15, 2015
Kevin O’Leary, businessman and star of ABC-TV’s “Shark Tank” has been quoted as saying: “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 […]
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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 […]
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August 15, 2015
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.
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July 16, 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.
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