Qualified Small Business Stock is a type of stock that includes immense tax relief for investors. Those benefits serve to stimulate investment in small businesses by mitigating the tax consequences that attach to their returns. Below is an article that discusses the definition of QSBS, the relevant IRC section at play, the tax benefits flowing from QSBS, the standards for
INNOVATIONS AT THE 2024 FANCY FOOD SHOW
The Need for Speed: The Most Effective Way to Move Quickly is to Make the Right Decisions the First Time
Speed is often touted as a critical factor for success, with businesses of all sizes striving to move swiftly to capitalize on opportunities, stay ahead of the competition and save money. However, there’s a crucial nuance to this need for speed: it’s not just about moving fast; it’s about moving fast in the right direction. Here lies the distinction between
Unlocking Business Potential with DISC: The Science-Backed Path to Success
In today’s competitive business landscape, the ability to communicate effectively and build strong relationships is more crucial than ever. As a business coach, I have seen firsthand the transformative impact of using science-backed assessments, such as the DISC assessment, on organizations. The DISC assessment, particularly when implemented with tools like TTI Success Insights, offers a data-driven approach to enhancing workplace
Mastering Price Increases in Medical or Professional Services
In an economic landscape characterized by rising costs, both consumers and businesses are under pressure. For owners of medical practices and professional service providers, the need to adjust pricing to match increasing operational costs is real. Yet, there’s a palpable fear that higher prices might alienate loyal clients. This article explores effective strategies for implementing price increases while preserving—and even
Unlocking Profit: The Case for Hiring a Fractional COO in Small Businesses
Unlocking Profit: The Case for Hiring a Fractional COO in Small Businesses
In the world of small businesses, sales performance, efficiencies, structure and product/market fit are keys to unlocking profitability and growth. Yet, many business owners and CEOs find themselves struggling to capture the profitability they believe their business should have. This is where the value of a fractional COO