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Business Help Archives - Eric S. Degen, CPA Titan Accountancy

February 21, 2022

Excellence is Never an Accident

“Excellence is never an accident; it is always the result of high intention, sincere effort, intelligent direction, skillful execution and the vision to see obstacles as opportunities.” The above anonymous quote was displayed prominently in an office, where, oddly enough, it seemed to attract very little attention. In any case, it has made enough of

January 27, 2022

4 Styles of Leadership

Capable leadership is one of the most important traits of a successful business owner, manager or executive.  However, different circumstances call for different management styles.  This article discusses four basic types:  Directive, Participative, Laissez-faire and Adaptive.  Directive: This is the perhaps the oldest form and is relatively autocratic.  Someone using a directive style tells people

January 27, 2022

Why a Business Coach Instead of a Consultant?

In the past several years, business coaching has gone beyond a luxury reserved for Corporate America’s executives to an invaluable tool for small business owners. Yet many small business owners are still unclear on the difference between a business coach and a business consultant. The difference is as simple as the old expression “give a

December 23, 2021

Reduce Labor Costs by 30% in 90 Days

  For many Manufacturing, Trades and Tech Companies labor is the single largest expense item in their operation. Labor costs are often the difference between profit and loss and the quality of life the business owner will enjoy.  Here we talk about some ways to reduce labor costs.   First, it is absolutely imperative that

October 26, 2021

Nothing Stays the Same – Be the Gardener

Nothing ever stays the same. On the one hand we despise change yet on the other we don’t want to stagnate and become boring. Yet our habits keep us locked into a course of action day after day, year after year. The way we think, the way we behave, the way we experience things, the

September 17, 2021

Innovation is a State of Mind

You probably know the myth of innovation as a sudden flash of insight that comes from nowhere. We read about that “aha” moment, or that light bulb turning on in the mind of some inventor or innovator, and this is true to an extent. Einstein really did get flashes of insight while shaving in the

Impulse Buy
August 23, 2021

Impulse Buys

  What Are Impulse Buys? We most commonly associate impulse buying in the traditional retail setting.  Typically, impulse items are those small pieces of merchandise that crowd the retail sales check out area and aisle ways.  They include candy bars, batteries, magazines, salty snacks, cold soda pops and other beverages, and other assorted items.  These

August 10, 2021

Adapting to the Pandemic – What Comes Next?

The Covid-19 pandemic forced many small businesses to become resourceful and innovative about how they conducted business.  While we are all still on the road to recovery, some of the hybrid business models used to adapt that came from necessity may be here to stay.  Below are four ways small businesses adapted in response to

July 27, 2021

The Top Three Mistakes Entrepreneurs Make According to Mark Cuban

You may know Mark Cuban as the Owner of the Mavericks, perhaps your exposure to him may be as a technology company billionaire, or you may be more familiar with him as an investor on the hit show Shark Tank, where entrepreneurs pitch their business ideas to a panel of investors in an attempt to