News & Views

Could the “Big Tech Backlash” Hurt Small Business?

Posted in Nov, 27th, 2018 News & Views by AMAC Small Business Solutions

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Technology companies are preparing for action by Congress on comprehensive privacy legislation in 2019.  Legislation already enacted by some states (with more in the queue) combined with momentum in Washington, D.C. following congressional hearings and recent activity by the National Telecommunications and Information Administration (NTIA) are fueling movement on the issue.  In addition, the business community is…

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Finance Fundamentals: 6 Areas of Focus to Successfully Operate Your Business

Posted in Nov, 27th, 2018 News & Views by AMAC Small Business Solutions

While passion and excitement often ignite a new business venture, what keeps that business running smoothly is attention to the everyday details. Every aspect of operating a business requires careful planning and execution — from inventory management and training staff, to customer service and marketing. Finance and accounting in particular can be intimidating topics for…

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Why Free Market Policies Are Key to Empowering Women

Posted in Nov, 27th, 2018 News & Views by AMAC Small Business Solutions

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Most people agree that women deserve the chance to advance up the economic latter. The real question is, how can that be achieved? What many don’t realize is that women’s advancement doesn’t require gender quotas or affirmative action. What’s needed, above all, is free market policies that allow women to make their own choices. Ivanka…

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The Elevator Pitch: What, Why and How?

Posted in Nov, 27th, 2018 News & Views by AMAC Small Business Solutions

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We are all kind of familiar with the notion of an elevator pitch, but that is not nearly enough to be able to effectively craft and use one. So, let’s see what exactly is an elevator pitch, why should you have one, and how to create it. What Is an Elevator Pitch? An elevator pitch…

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A Guide to the S Corporation

Posted in Nov, 20th, 2018 News & Views by AMAC Small Business Solutions

Of all the business entities someone could form, the S corporation is likely the most widely misunderstood. This is because the S corp is a tax designation rather than an actual business entity. Both limited liability companies (LLCs) and corporations can file to be taxed as an S corp. However, no state offers entrepreneurs the…

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Do Startup Entrepreneurs Really Need College Degrees?

Posted in Nov, 20th, 2018 News & Views by AMAC Small Business Solutions

Whether a college degree is necessary to start a business or simply a waste of time that could be better spent launching a startup has been hotly debated for decades. But as the cost of college continues to soar, the debate is taking on a whole new meaning. Is excessive student debt keeping young adults…

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What to Do about a Retirement Plan for Your Business?

Posted in Nov, 20th, 2018 News & Views by AMAC Small Business Solutions

According to the Census Bureau, only 45 percent of workers at companies with 1 to 49 employees had access to a retirement plan. This percentage jumped to 76 percent at companies with 50 to 99 employees, and to 90 percent for companies with 100 or more employees. What can small businesses do to improve their numbers and…

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Credit Inquiries: What You Should Know About Hard and Soft Pulls

Posted in Nov, 20th, 2018 News & Views by AMAC Small Business Solutions

Did you know every time someone, including you, reviews your credit report a credit inquiry is added to your report instantly? A credit inquiry is a request that’s made by a “legitimate business” to check credit report information on an individual from a credit reporting agency. There are two types of credit inquiries you should…

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How and Why Women Start Businesses

Posted in Nov, 13th, 2018 News & Views by AMAC Small Business Solutions

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SCORE’s 2018 “The Megaphone of Main Street: Women’s Entrepreneurship” data report surveyed women on their successes and challenges in running their businesses. Our fourth infographic based on this data report focuses on how women start businesses, why they start businesses, and why they chose the industries they did. Why do women start businesses when they do? Women…

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Here’s How to Avoid Disaster Recovery Scams

Posted in Nov, 13th, 2018 News & Views by AMAC Small Business Solutions

Last week, I visited Florida communities recovering from the devastation caused by Hurricane Michael.  The SBA’s disaster assistance team is working long hours at local recovery centers, helping homeowners, renters and businesses navigate the challenges that come with financing the rebuilding of one’s home or business. Sadly, after every major disaster, scam artists prey on…

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