Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Central New York is a great test market
Several years ago, Coca-Cola introduced a product called C2 which contained half the calories and carbohydrates of regular Coke. It created C2 specifically for men who did not like the image or flavor of Diet Coke, but did not want to consume all the calories and carbohydrates in regular Coke. After spending nearly $50 million […]
The Rewards of Employing Individuals With Disabilities
Far and away the best prize that life has to offer is the chance to work hard at work worth doing. — Theodore Roosevelt “You do realize that each of us has some form of disability or flaw? No one is perfect.” I responded with my standard quote, “It’s just that certain disabilities are more
One of the most vexing topics in financial-statement work is defining materiality. I often liken it to “what is important,” “what do the owners or lenders focus on,” “what matters to the board,” and sometimes even “what you wouldn’t want to see as a newspaper headline.” Any one of these seems to make more sense
Communicating Through Mergers & Acquisitions
Mergers and acquisitions: they aren’t just multi-billion dollar transactions for the top Fortune 100 companies. Many mid- and smaller-sized businesses are pursuing strategic opportunities to join forces with similar or complementary organizations. It might be something your organization is considering. If so, you have no doubt retained financial advisors, attorneys, accountants, and business consultants. You
SBA awards SU $3M grant to fund entrepreneurship training for veterans
The U.S. Small Business Administration (SBA) today announced that it has awarded a $3 million grant to Syracuse University’s Institute for Veterans and Military Families
How the Little Guys Can Win In Today’s David-and-Goliath Business World
Before the Internet, small companies didn’t stand a chance against the Goliaths. That’s because no war can be won without intelligence and, before the digital era, collecting actionable data and information about one’s competitors, market, and customers cost a lot more than most small businesses — the Davids — could afford. But today, the Davids
Mark Twain said, “What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin“ and Barry Goldwater reflected, “The income tax created more criminals than any other single act of government.“ Einstein and Churchill had their own lowly views on the topic. While we may chuckle and agree with
Raising Capital Via Crowdfunding: A Step Closer to Reality
The JOBS Act (short for Jumpstart Our Business Startups Act) became law in April 2012. One of the more controversial provisions in the JOBS Act was the creation of a new “crowdfunding” exemption from federal and state securities-law registration available for startup and early stage businesses seeking to raise capital. Crowdfunding is the name given
Michael Rotella: A Shining Example of the Entrepreneurial Spirit in Upstate N.Y.
As entrepreneurship flourishes in upstate New York, more examples of success are popping up on the landscape. Achievement comes in many forms and is made up of many different ingredients. However, perseverance is a common theme among successful entrepreneurs. They never give up and they find a way to succeed no matter the obstacles. Michael
Top 10 Things You Should Know About the New Medicare Surcharge Tax
This tax filing season brings a whole new tax to the mix: the Medicare surcharge tax. Since 2013 was the first year that this tax became applicable, taxpayers should pay close attention to its complex and untested rules. This article will highlight 10 areas of the new tax. 1. When does the Medicare surcharge tax
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.