Apple Growth Partners

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Apple Growth Partners Begins 2022 with Forbes List, President’s Honor, SALT Expertise

While side hustles bring many rewards, turning that side hustle into a real business can bring even more. So, when is it time to legitimize a side hustle? Regardless of whether a person has been doing it for years, or has just started making money, they must report income earned even from hobbies on their tax return. Why not benefit the various tax advantages awarded to business owners?

Side Hustle to Bonafide Business

While side hustles bring many rewards, turning that side hustle into a real business can bring even more. So, when is it time to legitimize a side hustle? Regardless of whether a person has been doing it for years, or has just started making money, they must report income earned even from hobbies on their tax return. Why not benefit the various tax advantages awarded to business owners?

Thriving During Inflation: How Business Leaders Can Accept, Think Differently, and Get Ahead

Inflation hedging requires counterintuitive thinking but with persistence and vigilance, we will all arrive at the new normal unscathed. Historically, inflation raises prices, wages and input costs to a new level and then flattens out (relatively speaking). Deflation typically does not occur, and so, the exercise of adjusting has an end to it, thankfully.

Year-End Tax Planning Tips for Restaurants

Although transactional and transformational leadership are quite different approaches to leadership, comparing the two is not a question of good vs. bad or right vs. wrong. Both offer advantages in certain situations, and while you may naturally gravitate toward one style, understanding both and knowing when to utilize their strategies can make you an even stronger leader.

Strategies for Growth

Business owners have likely seen the statistics stating how many small businesses won’t survive past the first two, five, or even 10 years from origination. The fight to overcome these statistics can be an excellent motivator and energizer, but how do leaders ensure their energy is directed at the “right” strategies that will succeed?

Growth doesn’t happen accidentally. A clear, actionable plan for growth is essential to remain strategic and intentional at every step and to ensure your business has every chance of long-term success.

Organizations can achieve growth through a plan that is clearly communicated, that puts purpose ahead of profits, and creates a culture of accountability.

The Power of a Plan

Crafting a plan enables a company to outline its vision, mission, and goals, and stay on track for growth. Think of business planning as a GPS to navigate the early stages of growth through maturity. While creating the plan may seem cumbersome at first, the time invested forces business owners to research and fully understand the market, competition, and customer. Business planning helps owners’ step back and think objectively about the big picture and key elements of the business – establishing milestones, identifying potential weaknesses, and discovering previously unstated assumptions.

Business planning should occur throughout the lifecycle of the company. From start-up to succession, planning is meant to create a clear path and guide for action.

Apple Growth Partners Recognizes Seven Employees with Annual Awards

Although transactional and transformational leadership are quite different approaches to leadership, comparing the two is not a question of good vs. bad or right vs. wrong. Both offer advantages in certain situations, and while you may naturally gravitate toward one style, understanding both and knowing when to utilize their strategies can make you an even stronger leader.

Benefits of a Breakeven Analysis for Restaurant Owners

The restaurant industry has experienced a challenging 18-month tidal wave of changes and obstacles. In a year of unprecedented tests for restaurant and winery owners alike, the current state of affairs seems promising coming into a new year, and now is the time to focus on a strong financial outlook for growth.