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VIEWPOINT: What’s Next for Qualified Opportunity Zones?
During these times of unprecedented uncertainty, many Americans believe that President Joe Biden’s administration will introduce sweeping changes to our country’s tax code. After all, every president since Bill Clinton has signed into law a new tax bill within 12 months of the beginning of their first term. One area that many taxpayers and practitioners alike are […]
VIEWPOINT: Did Your Employees Grow Apart in a Difficult 2020?
5 Tips for a Better Culture Given the uncertainty businesses pace in 2021 as the COVID-19 pandemic continues, company leaders are looking at every phase of their operation to determine ways they can improve. Company culture is one area commanding attention. As the virus caused business limitations and forced many companies to go fully remote in 2020,
VIEWPOINT: 6 Factors that Comprise a Company’s Culture
“Corporate culture” is a buzz phrase that has been going around for more than a decade now, though the actual meaning behind this hot topic is often lost. A company’s culture goes far beyond celebrations, perks, and the office layout. In fact, it reaches the very core of a business. Here are six factors that comprise a
CEO FOCUS: Celebrating the Salt City Market & Northside Women’s Wellness Center
Support for entrepreneurs and targeted real-estate development are critical building blocks for economic development. Ensuring those resources and investments reach historically marginalized and disinvested communities is necessary to drive greater shared prosperity. This month, CenterState CEO’s community investment team, part of our economic inclusion portfolio, joined neighborhood partners and private and public-sector leaders to celebrate the
VIEWPOINT: 10 Tips For Navigating Business Growth
When running a business, you are constantly striving to promote growth. Once things start to take off, firms often face a whole new set of challenges that they must address. Here are 10 tips I have found useful when navigating a period of business growth and expansion. 1. Don’t lose sight of your “why.” Seeing your business grow and
VIEWPOINT: 2020 Hindsight: 5 Lessons for CNY Business Owners to Use in 2021
While many businesses across Central New York are still dealing with the acute impacts of the economic and social disruption of 2020, innovative companies will apply what they have learned in order to excel in 2021. Here are five ways that companies can build resilience and weather future challenges, while being better positioned to capitalize on
VIEWPOINT: How to Support our Small Businesses & Local Economy
Buying local supports our area’s economy and builds community by directly helping our neighbors. According to Syracuse First, if we shift 10 percent of our budgets to supporting locally owned, independent businesses over non-local businesses, it could generate $130 million in new economic activity for Onondaga County alone, and nearly $25 million in new tax revenue. This concept
VIEWPOINT: NYS DOL Indefinitely Cancels Unemployment-Insurance Charges
On Jan. 14, 2021, New York State Department of Labor (DOL) Commissioner Roberta Reardon signed an order to temporarily modify the unemployment-benefit charging system and ease the burden for unemployment-insurance charges incurred by all employers during the COVID-19 pandemic. The order provides that all unemployment benefits paid out to claimants since March 9, 2020 will be charged
CEO FOCUS: Economic Forecasters Share Outlook for the Year Ahead
CenterState CEO [on Jan. 28] presented its 2021 Economic Forecast Report for Central New York at our virtual Economic Forecast event. Though this annual event looked different this year, we still shared the important insights into the region’s economic climate from the perspective of business leaders and economic experts. Gary Keith, regional economist at M&T Bank, delivered
VIEWPOINT: How Leaders Can Focus on Meeting 2021’s Challenges
Change is just beginning Business leaders dealt with massive and rapid change in 2020 due to the COVID-19 pandemic, but many small businesses and chain stores didn’t survive. As the new year proceeds amid much economic uncertainty, companies that successfully navigated 2020’s turbulence cannot rest. They need engaged, forward-thinking leaders who can keep adjusting and focusing on the
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