BRBC BLOGS - MEMBERS & STAFF
MEMBER BLOG: The new economy can be unexpectedly taxing
August 14, 2015,
Rey Alabre, H&R Block of Bridgeport
The new economy can be unexpectedly taxing
Five essential facts help drivers, hosts, taskers and other sharers avoid surprises at tax time
The sharing and gig economies employ hundreds of thousands with total revenues surpassing $3 billion, according to some estimates. While more Americans turn to sharing or gigging to earn a living, they face new and more complicated tax requirements. For taxpayers who have entered the “sharing economy,” here are five essential facts to keep in mind for tax time.
MEMBER BLOG: Are you ready for a disaster?
August 10, 2015,
Paul Plouffe, CEO & President, ServiceMaster of Greater Bridgeport
You know that everyone dies and everyone pays taxes. But, did you know that almost everyone (7 out of 10 businesses) will not survive after experiencing a significant disaster? That’s 70%! As the leader of your business or organization, how can you beat those odds?
Answer: It starts with a plan. Unfortunately, like the stop sign principle where a sign was installed after the accident, most companies don't begin planning until after a disaster has happened. Any good financial advisor will tell you that it's not how much you make (Asset Generation) it's how much you keep, (Asset Preservation). Tragically, many short sighted businesses will invest years in R&D, training, and infrastructure development, only to lose everything for failing to plan for the unexpected disaster.
Fact 1: There is never a bad time to get started.
Fact 2: There is always something you can do to improve your existing program.
Here are a few things you can do immediately as you consider the subject.
MEMBER BLOG: Are you leveraging strategic partners to build your business?
July 10, 2015
Bradd Harris, FocalPoint Business Coaching of New England
Are you leveraging strategic partners to build your business?
Why would a small business create strategic alliances? With whom should I align? Why would an alliance be interested in my business? What does it look like? If these are the questions that come to mind when you hear the phrase “Strategic Alliance”, read on!
Strategic alliances are all about mutual benefit for the “partners” as well as value for the customer. However, the benefits can take different forms. The most common form is the sharing of customers via referrals. For instance, Real Estate Agents, Mortgage Brokers, and Home Remodelers often form alliances to refer customers to each other at different times in the home purchase and ownership cycle.
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