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!

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.

Opening a new business is exciting and fearful at the same time. But you're ready! You have a solid business plan (because you took the Marion GEM Class), you've done your market research, and you've saved plenty of capital for operating expenses. You've found the perfect location with a price you can afford and are eager to sign that lease and move in. But wait ...

Discover how powerful partnerships can help your business thrive and grow in a competitive market!

April is National Financial Literacy Month and taxes are due, so in light of this, we are going to focus on providing you with tools, tips, and guides (see Tax Paying Guide below) all month that will help you organize, plan, monitor, and manage your business finances better!

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.