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Articles2024-03-05T14:26:19-05:00
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More Positives than Negatives in Housing Market

Industry Trends - IWF, By Warren Shoulberg It may not be back to the good times during low interest rates but Telsey Advisory Group’s Housing Scorecard shows more positives than negatives. If you’re looking for good news about the housing [...]

What is the Corporate Transparency Act?

The Corporate Transparency Act (CTA) was enacted back in 2021, but few businesses have considered whether they’ll be impacted. Now that the law is officially in effect (as of January 1, 2024), small business owners now need to ensure compliance. An estimated 32 [...]

2024 Still a strong year for Multi–Family Housing

This year, new supply is expected to surge 53% year over year Metrics Monitor Multifamily Supply Glut Heads Toward Steep Drop-off In 2023, nearly 440,000 new multifamily units were delivered, according to research by Newmark. This year, new supply [...]

US Homebuilders Say Things Are Looking Up for ‘24

By: Warren Shoulberg The construction industry still has a long way to go to get back to its boom days but new data suggests builders are getting more optimistic. Increasing consumer demand coupled with small drops in mortgage [...]

Have Building Material Prices Peaked?

January 17, 2024 | IWF News |  Warren Shoulberg New data from the Producer Price Index suggests that costs are coming down on things like softwood lumber as part of an overall decline in material costs. The wild ride up in construction [...]

The Executive Candidate Interview…Be Prepared! (Part 2)

By: Rick Mohrman Executive Recruiter Rick Mohrman has over eighteen years’ experience at Brooke Chase Associates in retained search placement of executives, where the firm works extensively with clients and candidates to structure and prepare for the interviewing process. In [...]

The Executive Candidate Interview…Be Prepared! (Part 1)

By: Rick Mohrman Executive Recruiter Rick Mohrman has over eighteen years’ experience at Brooke Chase Associates in retained search placement of executives, where the firm works extensively with clients and candidates to structure and prepare for the interviewing process. It’s [...]

IRS Delays $600 Form 1099-K Reporting Threshold

Businesses and individuals concerned about the confusing 1099-K reporting requirements can breathe a sigh of relief: On November 21, 2023, the IRS announced that the deadline for the new $600 reporting threshold won't go into effect for the 2023 tax year [...]

Cash Management in a Cyclical Industry

Eight strategies for boosting profits, cutting costs, and reducing risk. Sound cash management practices are essential for any business. However, businesses in a cyclical industry have unique issues that require special diligence. A cyclical industry—like construction, airlines, oil and gas—is [...]

What You Need to Know About IRS Tax Changes for 2024

By Paul Cachero | Bloomberg The Internal Revenue Service recently bumped the income thresholds for its tax brackets by 5.4% for 2024, its latest adjustment to account for elevated rates of inflation. The move is unlikely to produce a material [...]

Embracing Technology to Grow Your Business

Written By: Alicia Esposito “Innovation” is a common word in the world of business, but it can often feel out of reach for small businesses. With the right technology, however, small business owners can establish processes that improve efficiencies and [...]

How to Create a Company Culture that Retains Top Talent

Written By: Laura Tiffany Employees who feel appreciated, listened to, and supported are naturally going to do a better job and stick around longer. And the way to build a business that provides this type of employee experience is through [...]

M&A for Small Business: How to Plan for a Successful Sale

Written By: Francesca Nicasio Some business owners see themselves running their companies for decades — maybe even passing them down to their children — but most entrepreneurs don’t want to own and operate their companies forever. Industry data shows that 53% of [...]

Is an ESOP Right for Your Business?

The National Center for Employee Ownership (NCEO) estimates that about 6,500 U.S. companies have employee stock ownership plans (ESOPs). Many owners of closely held businesses use these plans as an exit strategy. Although ESOPs offer a variety of benefits, including [...]

Mergers and Acquisitions in the Age of AI

By: Datasite - October 30, 2023 Recent breakthroughs in artificial intelligence are having ripple effects in virtually every industry, and the M&A field is no exception. This new technology has potentially huge implications for dealmakers, both in day-to-day practice and [...]

Should Investors Vote Blue or Red?

By, Matt Benjamin, Senior Markets Expert, The Oxford Club In a presidential election, should smart business owners, CEO’s and investors vote for the Democrat or the Republican? It's an age-old question, and it's becoming relevant again as the 2024 election [...]

Better Hiring Decisions! The Power of Executive Search

Author:  Steve Finkel is a globally renowned author and trainer for the executive search profession. Executives depend on the quality of their people to achieve their corporate and personal career goals. It is an old adage – and a true [...]

Planning a Graceful (and Profitable) Exit from Your Small Business

At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can't survive without the continued involvement of a key owner-employee. And a few business concepts — from horse-drawn buggies [...]

KCMA: August cabinet sales jump month-over-month

By Larry Adams WOODWORKING NETWORK October 23, 2023 Custom and semi-custom cabinet sales increased from August 2022 to August 2022, rising by 11.4 percent and 6.3 percent respectively. These positive gains, however, were muted by stock sales, which took a YTD [...]

Choosing The Right Executive Recruiter For Your Organization

Jon Jennings, Forbes Councils Member Forbes Business Council In today's fiercely competitive market, the talent behind a company's pricing strategy can significantly influence its trajectory. Finding the ideal fit for such a pivotal role can be daunting. This is where [...]

Tax Deductions: Right, Wrong, and Risky

Tax Deductions: Right, Wrong, and Risky by Charles RenwickSeptember 27, 2023 PLANNING FOR TAXES Tax law is not just a complex matrix of rules and regulations—it’s a world in which interpretation and decision-making play vital roles. Deciding how to handle deductions [...]

Year-End Holiday Parties and Gifts: What’s Taxable?

The holidays are just around the corner, and now is the time for employers to start thinking about treating their employees with holidays parties or gifts. Such gestures are always a nice idea. Plus in a tight labor market, they [...]

NINE THINGS YOU CAN’T ASK ON INTERVIEWS

By: Daniel Abramson Managing Lead of HRSource Guidelines by the Equal Employment Opportunity commission (EEOC), as well as federal and state law, prohibit asking job applicants certain questions, whether on the application form or during the job interview. It is [...]

CEOs are having their worst year in decades!

Analysis by Nicole Goodkind, CNN Published 8:26 AM EDT, Wed September 13, 2023 CNN New York Chief executives have left their posts at an alarming rate this year. It’s been a bad year for CEOs. Chief executives have left their [...]

A New Tool for Scammers: AI

While technology has empowered humans to do some incredible things, it’s also contributed to a rise in scams. According to the Federal Trade Commission (FTC), 2.4 million consumers filed fraud complaints in 2022, with over $8.8 billion lost to scams (an [...]

What Business Owners Should Know About Financial Forecasting

Courtesy of Kerkerin Barberio Is your business ready to tackle the challenges and opportunities that lie ahead in 2023?  Financial statements show how a company has performed in the past.  But historical data doesn't necessary predict future performance, especially in an uncertain, [...]

The Extraordinary Ordinary Leader

By:  Bill Treasurer Excerpted from "Leadership Two Words at a Time" You look uniquely familiar.  You, the one who has learned to believe in yourself, trust yourself and follow the quiet inner voice that says, "Why not me?"  You don't [...]

Pay-Versus-Performance

November 14, 2022 / IR Magazine Thanks to Jean McLoughlin & Kyle Seifried The SEC's new pay-versus-performance rule changes will present myriad challenges - and potential opportunities - to public company management teams and boards.  Most publicly listed US companies [...]

Hiring Outside Directors When Private Companies Don’t Have To?

Author: John M. Collard, www.StrategicMgtParters.com "You need these guys...to increase cash flow, provide valuable guidance, contacts, and credibility. Companies committed to going through significant business change (restart, turnaround, transition, generational ownership transfer), anticipating a major liquidity event, need guidance. Why Add [...]

2022 Industrial Robotics Industry Report

By: Benchmark International October 7, 2022 Industrial robotics is now critical across many sectors for the automation and manufacturing of many tasks, including loading, packaging, labeling, and inspection.  They are commonly used in the automobile and heavy engineering sectors and [...]

Key Motherhood Skills All CEOs Need

By: Randy Garn Entrepreneur Leadership Network An in-depth conversation with Jess Toolson, founder and CEO of Mixhers, about how being a parent has shaped her skillsets. Motherhood arms women with several important skills that serve them well as CEOs, such as [...]

Why Does EBITDA Get Adjusted?

Author: Brendan Nussbaum Transaction Support Analyst Benchmark International In the world of small to mid-market mergers and acquisitions, a number that is very important is a company's adjusted EBITDA.  The adjusted EBITDA is meant to find a company's true normalized [...]

14 Recommendations For Small Businesses That Are Growing Quickly

Forbes Business Council Council Post - June 16, 2022 Explosive growth is exciting for any business, and watching your brand become a success feels rewarding.  While you and your team should definitely celebrate that win, you should also be prepared [...]

Phases of Half-Retirement

By: jimmue I wish I could tell you that Half-Retirement was as simple as flipping a switch...poof, you are Half-Retired.  However, Half-Retirement is more of a journey than a decision.  We observe many business owners begin down the path towards Half-Retirement and [...]

What’s The Difference Between Recurring And Repeat Revenue?

Courtesy of: Benchmark International If you are considering selling your business, you will need to have a clear understanding of its type of customer revenue because it can significantly impact the value of your business.  Sometimes people confuse recurring revenue [...]

The 5 Faces of Leadership and What They Mean For You

Courtesy of: Entrepreneur Magazine By:  Ken Gosnell Business owners have many styles that help them lead an organization effectively.  Here's how to use that knowledge to your advantage. Team members who wish to become valuable to their organization will need [...]

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