Archive for July, 2009

Competition in High Capacity Telecom

July 31st, 2009 admin

Choices for consumers – including small businesses – in the telecommunications arena have expanded rapidly in recent years. Contrary to claims and concerns from various politicians and/or regulators, the market is vibrant, innovative and competitive.

However, on July 7, The Wall Street Journal reported that the U.S. Department of Justice was taking a look at telecommunications firms: “The review is expected to cover all areas from land-line voice and broadband service to wireless,” including exclusivity deals between wireless carriers and cell phone/handheld device makers.

On the previous day, U.S.

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Cash Flow: The Life Blood of Small Business

July 31st, 2009 admin

Nice article in yesterdays Tulsa World talking about how important the cash flow statement is to bankers who are reviewing small business loan applicants and their business plans. When we are reviewing business plans and coaching a client who will be presenting their plan to a bank for consideration, we make sure the client understands their cash position and how it plays in to their future cash projections.

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Connecticut Tax Hikes

July 31st, 2009 admin

Connecticut Governor Jodi Rell, a Republican, apparently has given up on tightening the state’s budget, and given up on helping the state’s economy, by proposing a bevy of increased taxes.

According to the Hartford Courant, Rell’s tax hikes include jacking up the state’s cigarette tax from $2 per pack to $3 per pack, which comes on the heels of a 2007 increase from $1.51 to $2.

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How To Measure What Your Small Business Does ….. And Focus Your Efforts On What Makes You Most Efficient

July 31st, 2009 admin

Flynet is currently in the process of developing a dashboard portal to enable smaller businesses to take advantage of the advances in business intelligence and dashboarding.

A Dashboard is a visual display that can be linked to your existing Computer Software, such as Excel, Sage and many others that organizes and presents information in a way that is easy to read. Measurements are displayed automatically in the form of analogue gauges, dials, traffic lights or visual graphs on a web page.

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Support for ObamaCare?

July 30th, 2009 admin

The Wall Street Journal just reported that the latest Wall Street Journal/NBC poll shows that more people oppose than support the health care agenda being pushed by the President and Democratic leaders in Congress.

The Journal noted:

Support for President Barack Obama’s health-care effort has declined over the past five weeks, particularly among those who already have insurance, a Wall Street Journal/NBC News poll found, amid prolonged debate over costs and quality of care.

In mid-June, respondents were evenly divided when asked whether they thought Mr.

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Everyone’s at Risk – Combating the Increasing Threat of Online Fraud and Identity Theft

July 30th, 2009 admin

IRS Stakeholder Liaison Phone Forum

Date: August 19, 2009

Cost: FREE

Location: The convenience of your home or office

This IRS phone forum is for:

• Tax professionals

• Attorneys

• Payroll professionals

• Industry partners

• Small business organizations

• Small business owners

• State and local governments

Learn about:

  • IRS identity protection efforts
  • Process for reporting tax-related identity theft
  • Victim assistance
  • IRS efforts to combat online fraud targeted at taxpayers
  • How to report phishing schemes targeted at taxpayers


Sign up now for the event of your choice

• Select the time that works best for you

Note: Time zones shown are Daylight Saving Time.

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Symposium on End of Economic Downturn?

July 29th, 2009 admin

National Review Online asked the following symposium question this week:

Now that the stock market is beginning to rally and profits are once again being reported, we called and asked them what they make of this good news. Did TARP work, or at least help? Should President Obama get credit? Will he?

I chipped in an answer, along with several other economic and financial experts.

Check it out here.

Raymond J.

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Small Business Resources – 9 Tips For Online Success

July 29th, 2009 admin

This contribution is from Jen Woglom Ohs of Boomerang Websites. The article outlines tips for online success specifically geared towards small businesses. There are resources listed here at Small Business Resources cafe to accomplish much of what Jen recommends. For example …. professional website design and website hosting.

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I hear every excuse from small businesses as to why they aren’t online. Many find the process too daunting or too expensive to even try.

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