Running a Business Archives |

Cricket

Cricket is a strange player in the cell phone market.  Before the purchase by AT&T, I met with an owner of three Cricket locations.  This gentleman owned a dozen or so franchises of different sorts and was thinking of hiring a CPS firm to handle the bookkeeping...

Payday loans

A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on a borrower’s income and credit profile. A payday loan’s principal is typically a portion of a borrower’s next paycheck. … These loans are...

Payroll tax scofflaws

Payroll tax scofflaws continue to be a major area of focus for the IRS. These are firms that withhold Social Security and Medicare taxes from employees’ paychecks, but use the withheld funds for personal expenses or to pay other creditors instead of sending the money...

E-B2B

It is not hard to believe that the e-commerce is still growing, if you listen closely you can hear another retailer shuttering their doors.  Nor is it hard to imagine that electronic business to business if the fastest growing segment of the market. Apparently half of...

Business Modeling

Michael Lewis in his book “The New, New Thing” offers us possibly the best distilled the definition of a business model: “All it really meant was how you planned to make money” That is the ultimate purpose of all businesses, enterprises and Not-for-Profits, it is to...

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