While raw data is readily accessible in today’s modern world, not every business uses data to enhance a customer’s experience. Businesses can use data to align your products and services. In an article from Disruption Hub, author Ryan Garner writes, “there is still a lot of debate around the best data source to generate customer…
Year-end tax planning for individuals and businesses provides the opportunity to not only make strategic tax decisions that can improve your current tax situation, but also the chance to consider new tax developments and their effects on future years. The Scott and Company team would like you to take a look at this informative report…
Customers are beginning to expect personalized shopping experiences. Using the latest consumer trends, ecommerce companies will be able to grow their businesses. In an article from Entrepreneur, author Thomas Smale writes, “Much has been said about personalization in ecommerce, which more than ever before is shifting toward tailoring the experience to individual customers. This point…
Business growth can stall due to lack of identity. Business owners should focus on their strengths while leveraging new technology to create a competitive advantage. In an article from Entrepreneur, author Nancy Harris writes, “A recent survey conducted by our company, Sage, found the top challenges for small and medium-sized businesses included domestic competition,…
On Thursday, House Republican leadership continued their efforts for tax reform, presenting a new tax bill containing a wide variety of changes for both business and individual tax rates, writes Anna Edgerton and Erik Wasson of Bloomberg News. The authors detail the following elements contained in the proposed legislation: For businesses – A measure to…
On October 13, 2017, the Social Security Administration (SSA) publicized a number of policy adjustments that will go into effect for 2018. The changes include the following: The maximum amount of wages subject to the 6.2% Social Security tax will rise from its current level of $127,200 to $128,700 (an increase of a little more…
As businesses migrate online, cybercrime is beginning to expand. Not only is digital fraud impacting online stores, the process of how hackers penetrate databases in evolving. In an article from Disruption Hub, author Laura Cox writes, “. In 2012, digital fraudsters cost online businesses in the US $3.5 billion, and the number has continued to…
Disruptive technology is on the verge of taking over the business world. For those businesses that are not ready for such an impact, could disruptive technology wind up damaging business and consumer relations? In an article from Disruption Hub, author Laura Cox writes, “There’s a huge divide between businesses that are successfully using tech, and…
Engaged employees will go above and beyond what they are asked to complete. While engaged employees take business to new heights, getting employees engaged can be challenging. In an article from Inc., author Adam Fridman writes, “More than 85% of workers worldwide, and more than 65% of American workers, report feeling disengaged at work, according…
Administrative tasks may seem small compared to corporate meetings, but they are just as important to a company’s success. How much time does your business spend on administrative tasks? According to an article from CPA Practice Advisor, “Small businesses currently spend an average of 120 working-days per year on administrative tasks, accounting for approximately 5%…
