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Business Mentors

Crisis Communications Planning: Now You’re Ready

No one can prepare for a crisis. Well, actually, they can — and they do. A lot of businesses and nonprofits have operational disaster plans. But few also have a crisis-communications plan. Recently, however, we have started to see an increased trend in organizations coming to us to help them plan their communications roles, strategies, […]

An Open Letter: We Are a Region of Entrepreneurs

Upstate New York is quickly becoming the model for reinvention. Change agents are leveraging the landscape from Albany to Buffalo that is home to nearly 500,000 students, billions of dollars of research and development, fantastic cost structures, and myriad lifestyle outlets. Entrepreneurship is leading us into a future that builds upon our history of innovation. 

Maximizing Your Investment

We hear so much about maximizing our resources — and for good reason. Perhaps you have a list of relationships you are reviewing to ensure satisfaction. Great idea, and don’t forget to put your CPA on the list. Really. CPAs are much more than number crunchers or tax-return machines. Your CPA can help you when

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Managing Your Cash Flow

Managing cash flow is very important for any company, including a small business. Here are some strategies you may want to consider.       Income — Take a good look at your income streams. Are your revenues diversified in terms of products and services you offer or in terms of the number/types of customers?

The Anatomy of a New York State Sales Tax Audit

Having been in the financial services business for more than 25 years, I have represented clients in numerous federal and state income-tax audits and state sales-tax audits. With the pressure at the federal and state level to raise revenues, we are finding increased audit activity at both the federal and state level. New York State

Do Investors Deserve to Make Money?

Many people believe the rich inherit great fortunes and then sit idly by while their stocks make them more money. When you’re working long hours, this belief can provoke jealousy and inspire questions like, “Do investors even deserve to make money?” To respond, we must first define ownership, which is best thought of as a

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