July 2014 Blog Posts (6)

There was a time when smaller companies did very well just by concentrating on making a better product or delivering a better service. There were fewer competitors and markets were limited, small companies could stake the futures on one or two loyal customers and barriers to entry were much higher. Customers even tolerated poor delivery or price increases now and then.

Now, there aren’t enough buyers and just plain good isn’t good enough. Great customer service, responsive lead-times…

There are several new options for foreign bank account owners. 

On June 18, 2014 the IRS made major changes to the Overseas Voluntary Disclosure Program. Certain individuals who did not report their foreign bank accounts may be eligible to pay as low as a 5% FBAR Penalty (Foreign Bank Account Reporting) instead of a 27.5% penalty.

Furthermore, there is an important August 3, 2014 deadline for some foreign bank account owners. For more information about…

You know this stuff cold. So many business owners pride themselves on buying sharp and running a tight ship. They know every nickel they save goes directly to the bottom line. But, operational efficiently is only half of the equation required to sustain a profitable enterprise today.

In most cases, when you proportion the top line business development components towards injecting some operational discipline, you will quickly learn that your company is not doing everything it can to…

Sorry about the title which should read 401k not the "typo>"

Since my second son was born last week I’ve needed time to sit back and just “veg” out.  So I have been doing what any reasonable parent would do, I have been watching Star Wars: The Clone Wars to help me shut out the insanity and over-exhaustion.  But it also reminds me of an estate planning question I hear a lot: What would happen if I write my will in my own…

July 2014 - Keeping up with key business / technology issues in the news is difficult.  Let Jefric Consulting help you.

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