North America

News

Supreme Court lets states force online retailers to collect sales tax

Source: Reuters States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals.

What Small Business Owners Need To Know in 2018

Source: Newsfactor Business Report
Small business owners have entered 2018 with many questions about how big their tax bills will be, but they’re also optimistic about profiting from a strong economy. And aside from financial matters, owners with employees must stay mindful about one of the troubling issues of 2017, sexual harassment. Here are five things small business owners need to know about or do in 2018:

Canada – Business Outlook Survey

The results of the winter Business Outlook Survey indicate that business prospects have improved following two years of overall modest activity. The responses reflect building domestic demand, a supportive export outlook and an expected recovery in energy-related activity.

Marketing Strategies for 2017

Source: Small Business Trends – Any good marketer knows to keep an eye on the future to stay ahead of the curve on new trends, emerging marketing channels, and other fresh ideas to deliver brand messages. With 2016 in the rear-view mirror , now is the time to start examining what the New Year is going to mean for marketing.

U.S. economic outlook lowered after Brexit

Source CNNMoney: A handful of economists are already downgrading their outlook for U.S. growth this year after Britons voted to leave the European Union. The vote sparked severe volatility in stock markets and a rally in the dollar. For America, that’s a one-two punch.

5 Steps to Selling Your Small Business at Good Terms

Source: Business2Community the recent trends and statistics indicate that the market is re-shifting its balance in favor of sellers, which means it’s turning into a more balanced market. The recent uptick in the small business listings gives us an idea about owners’ growing trust in the market.

Survey: Most marine businesses have no exit strategy

Source: Boating Industry – Just less than half of marine industry companies have a succession plan or exit strategy for their business. That’s according to the latest survey of Boating Industry print and digital subscribers, conducted by email in March and April. Respondents were a mix of boat dealers, manufacturers, marina owners and others working in the industry.The full results of the survey will appear in the May issue of Boating Industry.

NSBA Reports Uptick in Small Business Growth

Source: Small Business Trends – A full half of small business owners see growth opportunities in the next six months, while 17 percent say they are already seeing that growth. Only 33 percent say they see no immediately growth opportunities ahead. That’s according to the most recent survey by the National Small Business Association.

3 Reasons You Absolutely Must Move Your Business to the Cloud

Source Inc,com – By 2020, more than 78 percent of U.S. small businesses will have fully adopted cloud computing into their business practices. Many nascent and fast-growing companies are quickly beginning to realize that a cloud computing-centric solution helps in many, many ways: cutting costs, freeing up capital, and providing flexibility to meet ever-evolving operational needs.

7 Reasons to Plan for Succession in Your Family Business Today

Source: Huffington Post – When transitioning to President of Frigibar Industries, Inc., our family business for over 40 years, there was no succession plan. Instead of being able to jump into the position and begin working on building the company, several months were spent putting processes into place, organizing documents, and learning how things were done in the past — all of which could’ve been done months or years earlier.