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?
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.
As another year of unpredictability ends for restaurants and wineries, now is the ideal time for year-end tax planning and preparation ahead of 2022. Year-end planning has several goals, including identifying opportunities for assistance and strategizing for new challenges facing the industry.
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.
By Robert Jackson and Kathy Davis While the Infrastructure Bill passed by the House on Friday, November 5, did not contain much in the way of tax legislation, it did retroactively put an end to the Employee Retention Credit (ERC) as of the end of the 3rd quarter for all employers other than “recovery startup …
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.
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.
November 3, 2021 For the 13th consecutive year, the Apple Growth Partners’ Community Outreach Charitable Giving Fund of Akron Community Foundation has been recognizing local non-profits proving financial literacy education programming in Northeastern Ohio through grants. In 2021, AGP is proud to announce a total of $35,000 has been awarded to the following 14 non-profits …
Apple Growth Partners’ Charitable Giving Fund Awards 14 Grants Read More »
In today’s episode, Dirk Ahlbeck, AGP’s National Restaurant Lead, joins Chuck & Brittany. This week, they discuss the current state of affairs for the food industry. In addition, Dirk shares the first steps he takes with restaurant owners to maximize profits. Plus, Dirk shares his favorite Chicago area restaurant! A great episode, streaming everywhere now. …
SLICED Ep106: Maximizing Profits for Restaurant Owners Read More »
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.
