Chamber Blog--Positioning For Success

McDowell Chamber of Commerce is invested in the success of our county and works to create opportunities, facilitate economic growth, and promote our area as an enticing place to live, work, and play. Our goal is also to be an advocate for our businesses and help them thrive and grow. In Positioning For Success, we'll share tips, tools, expert advice, and resources to help you do just that--Thrive & Grow!

You don’t have to leave your home or office to join SBA and the National Small Business Week award winners live from Washington, DC on May 5-6. Watch the awards ceremonies and business workshops on the next wave in digital commerce and social media tips for businesses live on SBA's Facebook page.

Trying to do too much and trying to do it perfectly will lead you to mediocrity and drain your energy faster than it drains your bank account. Learn how to differentiate between distinctive work and business essential work and why what you say NO to, can transform your business!

Many businesses classify their workers as independent contractors for legitimate business reasons. However, a worker misclassification can have severe financial consequences, especially for small businesses that are hit with various penalties and required to pay restitution. Consider these issues before classifying your workers and decide whether you’re better off paying some extra costs upfront but avoiding the risk of worker misclassification case.

If you want to grow your business, you probably need to hire employees to help you. Becoming an employer and expanding your staff entails many responsibilities, one of which is seeing to payroll taxes. Unfortunately, there are many myths about these taxes.

The Greek philosopher Heraclitus is known for his insistence that change is the fundamental element of the universe. You may be familiar with his quote, "The only thing that is constant is change." For many, change incites a sense of unease at best and at worst, a great fear. In business, however, the ability to change is the mainspring to success. Tradition certainly has its place in establishing quality and integrity within your business operations, but it is change that can propel you to new heights.

As the festivities of the Christmas season settle in our collective memories, its time to gear up for the coming year. Our guest blogger, Johnson Price Sprinkle PA has some excellent advice on last minute things you should consider when preparing your taxes both personal and business. The new tax law brings some changes you'll need to consider in order to file correctly and take advantage of all the deductions for which you qualify.

Some of the most prolific and successful companies in history began as partnerships. Think McDonald's, Hewlett Packard, and Google. On the flip side, you have those partnerships that went down in flames. Facebook's split between Saverin and Zuckerman, Citigroup's breakup between Jamie Dimon and Sandy Weill among others. That's why it's important to do your homework, consult a professional, and don't let emotions get in the way.