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MARKETING

Will Email Marketing Increase Company Sales?

By The BIDaWIZ Team on September 13th, 2013 at 9:50 am

Email marketing provides businesses with a cost-effective way to stay connected to their customers. In addition, companies can easily launch a program to meet many different objectives. Learn the best ways to increase sales with email marketing. .
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MARKETING

Advice For Launching A Product In A New Market

By Ryan Himmel, CPA on September 6th, 2013 at 3:23 pm

Entering a new market can be an exciting yet challenging endeavor for any company. Specifically, many companies run into problems when they allocate too many resources to an unproven product, which in turn detracts from their existing business or what is currently working well. .
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FINANCIAL ADVICE

Should You Leave Your Job To Start A Business?

By Ryan Himmel, CPA on September 6th, 2013 at 3:04 pm

Budding entrepreneurs working on the next big idea may feel compelled to leave their job to dedicate all of their time to the venture. While we generally agree that you need to take risks when launching a new business, it's recommended to prove your model first and try to maintain a steady stream of cash flow. Here's why. .
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TAX SAVINGS

Tax Breaks For Seniors Moving To a Retirement Community

By The BIDaWIZ Team on September 6th, 2013 at 2:22 pm

The cost for retirement continues to increase as health care remains expensive and individuals are living longer than they ever did before. One way to offset this expense is to live in a low cost and tax friendly state such as Wyoming, Nevada, or Florida. However, that may not be an option. .
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FINANCIAL ADVICE

Updating Your Five Year Strategic Plan

By The BIDaWIZ Team on September 5th, 2013 at 6:25 pm

The 2008 recession brought great change to many businesses. Strategic plans from prior years were changed and in some cases completely scrapped for a greater focus on reducing costs. As a result, many c-level executives are now beginning to question the importance of a five year plan. Despite this sentiment, we believe strategic planning is effective when done properly. .
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TAX PREPARATION

How Many Americans Pay No Tax At All?

By The BIDaWIZ Team on August 30th, 2013 at 4:06 pm

This week the Tax Policy Center issued a report detailing the number of filers that don’t pay any taxes. The figures have changed since the recession of 2008, but the numbers may still surprise you. Read More.

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MARKETING

How Can You Expand Your Home-Based Business?

By Ryan Himmel, CPA on August 29th, 2013 at 7:25 pm

We recently contributed to Entrepreneur Magazine by providing by providing a recommendation for how to grow a home-based business. Read More.

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SMALL BUSINESS

Small Businesses Are Increasingly Targeted By Cyber Criminals

By The BIDaWIZ Team on August 23rd, 2013 at 10:47 am

The risk for cyber espionage continues to evolve as perpetrators are targeting small businesses at an alarming rate. Symantec, a bellwether in the web-security space, recently announced that attacks surged almost three-fold for small businesses or those with less than 250 employees. Small businesses now account for more than 31% of all web attacks or greater than 300 million incidents annually. Given this backdrop, should your business consider investing in greater security measures and cyber liability insurance? .
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STATE INCOME TAX, TAX PLANNING

The Top Three Most Tax-Friendly States For Retirees

By Ryan Himmel, CPA on August 22nd, 2013 at 5:50 pm

The mainstream population always seems to view Florida as the best retirement destination. In many respects, most of the population is correct in that it is one of the most desirable places to live during your retirement. However, it’s not the most tax-friendly state when you review all of the other states. Read More.

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MORTGAGES

Reverse Mortgages May Provide Retirees With Financial Relief

By The BIDaWIZ Team on August 22nd, 2013 at 9:42 am

As life expectancy rates continue to rise, some seniors have been forced to make some difficult financial decisions. Do they sell some of their investments or do they tap into their home equity? Reverse mortgages may be attractive to retirees facing this dilemma. However, these mortgage mechanisms aren't without their own risks. .
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