Step 1: Focus on your balance sheet . Business owners love to talk about sales and tell you how many millions of sales they had this year, but, as you get closer to the recession, the focus should be on your balance sheet. Make sure you’re managing your cash flow well. It’s something you should [...]
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President Obama’s American Jobs Act proposal and Payroll Tax credits
Many of us did not have the opportunity to watch the President’s speech on the American Jobs Act and how this would affect small businesses. You can check out the President’s speech here if you are interested: http://www.youtube.com/watch?v=_mXTp4h09TM&feature=youtube_gdata_player To recap, President Obama announced a $447 billion job-creation plan – the American Jobs Act – which [...]
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