Business Networking: Handling Difficult People with Grace
GLM Business Accounting Strategy Consulting Blog
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1w ago
Business networking can be one of the most rewarding aspects of professional life, opening doors to new opportunities, partnerships, and friendships. However, it also comes with its challenges, one of the most common being dealing with difficult people. Whether it's the overly aggressive salesperson, the relentless self-promoter, or the person who always seems to know everything, navigating these interactions gracefully is crucial. Here are some strategies to help you handle difficult people effectively while business networking. The cornerstone of dealing with any difficult person is maintain ..read more
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Spring into Growth: 5 Strategies for Business
GLM Business Accounting Strategy Consulting Blog
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2w ago
As the vibrant colors of spring emerge and the world awakens from the slumber of winter, it's the perfect time for businesses to embrace growth and development. Just as nature undergoes a transformation, businesses too can seize the opportunities of the season to flourish and thrive. In this blog post, we'll explore five actionable strategies for businesses to spring into growth and achieve business development success. Just as you tidy up your home after winter, it's essential to declutter and refine your sales pipeline. Evaluate your leads and opportunities, identifying and prioritizing thos ..read more
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The Rise of the Startup: Why So Many New Businesses?
GLM Business Accounting Strategy Consulting Blog
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2w ago
The past few years have seen a surge in new business startups across industries. From tech companies developing cutting-edge software to mom-and-pop shops opening local storefronts, entrepreneurs are taking the plunge and launching their own ventures at unprecedented rates. But what's driving this startup boom? Let's explore some of the key factors behind this entrepreneurial renaissance. 1. The Gig Economy and Remote Work Revolution The COVID-19 pandemic accelerated the shift towards remote work and the gig economy. As more people experienced the flexibility of working from home, many became ..read more
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Guiding Growth: The Vital Role of Community College SBDCs
GLM Business Accounting Strategy Consulting Blog
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1M ago
A Small Business Development Center (SBDC) at a community college serves as a vital resource for aspiring entrepreneurs and small business owners within the local community. Here's why it's important: SBDCs typically employ professionals with expertise in various aspects of business, including finance, marketing, management, and more. These experts provide valuable guidance and support to individuals looking to start or grow their businesses. SBDCs offer one-on-one consultations to help entrepreneurs develop business plans, navigate regulations, secure financing, and address any other challeng ..read more
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Small Business Week: The Impact of Collaboration
GLM Business Accounting Strategy Consulting Blog
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1M ago
Small Business Week is a time to celebrate the spirit of entrepreneurship and the vital role that small businesses play in our communities. Beyond the individual hustle and grind, there's a powerful force that often goes unnoticed – collaboration among small businesses. In this blog post, we'll explore why collaboration is so essential for small businesses and how it can be a game-changer in driving success and sustainability.    Small businesses are the heartbeat of local communities, and collaboration strengthens this interconnected ecosystem. By collaborating with neighboring busi ..read more
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The Power of Video: Beyond Marketing for Small Businesses
GLM Business Accounting Strategy Consulting Blog
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1M ago
​In the digital age, small businesses are constantly seeking innovative ways to stand out in a crowded marketplace. While traditional marketing strategies remain valuable, the emergence of video as a versatile tool has revolutionized the way businesses engage with their audience. Beyond its role in marketing, video offers a plethora of opportunities for small businesses to thrive and grow. Let's delve into why video is crucial for small businesses beyond just marketing:  Video facilitates clear and concise communication. Whether it's explaining a product or service, providing tutorials, o ..read more
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Smart Strategies: Planning for Big Expenses as a Small Business
GLM Business Accounting Strategy Consulting Blog
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1M ago
As a small business owner, navigating big expenses can be daunting. Whether it's investing in new equipment, expanding your operations, or tackling unexpected costs, strategic planning is essential to ensure financial stability and growth. In this blog, we'll explore some smart strategies to help you effectively plan for big expenses and safeguard the financial health of your small business. Start by establishing a comprehensive budget that outlines your anticipated expenses and revenue streams. Consider both short-term and long-term financial goals, and allocate funds accordingly. Factor in r ..read more
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Itemize or Take the Standard Deduction
GLM Business Accounting Strategy Consulting Blog
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1M ago
Should Business Owners Itemize or Take the Standard Deduction on Their Tax Returns? Tax season can be daunting for business owners, with various decisions to make regarding deductions and credits. One crucial decision is whether to itemize deductions or take the standard deduction. This choice can significantly impact your tax liability and financial well-being. In this blog post, we'll explore the factors business owners should consider when deciding between itemizing and taking the standard deduction. Understanding Itemized Deductions and the Standard Deduction: Before delving into the decis ..read more
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Igniting Growth for Small B2C Businesses
GLM Business Accounting Strategy Consulting Blog
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2M ago
In the vast and ever-evolving landscape of entrepreneurship, small businesses often find themselves grappling with the challenge of growth. While traditional methods like marketing campaigns, networking, and product innovation remain essential, thinking outside the box can often be the catalyst for transformative growth. In this blog, we explore some unconventional strategies that can breathe new life into small businesses, propelling them towards success. Small businesses can harness the power of their local communities by initiating collaborative projects. Partnering with other businesses, c ..read more
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Navigating the Corporate Transparency Act
GLM Business Accounting Strategy Consulting Blog
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2M ago
In a world where financial crimes and money laundering pose significant threats to the integrity of global economies, transparency emerges as a formidable weapon. The Corporate Transparency Act, enacted in 2021, stands as a testament to this principle. By requiring most businesses to register with the Financial Crimes Enforcement Network (FinCEN) by January 1, 2024, the act aims to unveil beneficial ownership structures, fortifying the defenses against illicit financial activities. The essence of the Corporate Transparency Act lies in its ability to pierce the opaque veils that shroud the owne ..read more
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