Posts by Steven Tabor
Smart Business Strategies for Tough Times
Resilience in the Face of Tariffs and the threat of Recession. Small and mid-sized businesses across the U.S. are feeling the strain of the new tariffs on imports from Canada, Mexico, China, and other countries on critical manufacturing components. While these tariff policies aim to boost domestic manufacturing and influence international relations, they are driving…
Read MoreNavigating Business Strategy Amidst Political Crossroads: A Roadmap for CEOs and Business Owners
A recent news poll found that Americans feel a sense of dread when thinking about the upcoming presidential election. Does this resonate with you? For business owners, political uncertainty can feel even more intense considering the challenges and uncertainties that may disrupt their operations or put the breaks on sales. 1 Today’s business leaders stand at…
Read MoreThe Six Traits that the Mandalorian’s and B2B CFO Partners Have In Common
Are you familiar with the new Disney+ series, The Mandalorian? It’s a popular Star Wars spin-off series, and for many of us huge Star Wars fans, it is very entertaining. A little background: The Mandalorian were a clan-based culture composed of members from multiple species and bound by a common creed, language, and code all…
Read MoreHow to Adapt Quickly to Changing Market Conditions
After the annual budget is done, you may be thinking that you are set for the year ahead. But have you ever noticed how conditions change very quickly and in many cases make the annual budget invalid or just not as relevant anymore? While this is a common scenario that many businesses face, it is…
Read MoreStrategic Planning: The Critical Step You May Be Missing
Strategic planning has been a hot topic in recent years and even more prominent since COVID modified our economic reality. While it’s been good to focus on that topic, the fact is that strategic concepts and decisions are only as good as the detailed planning and execution that follows. To learn more about what that…
Read MoreHow to Prevent Financial Loss from Cyber Extortion
In recent years, cyber extortion has been on the rise. It’s gotten to the point where every business needs to know how to protect themselves against it or risk great financial loss. There have been many situations where business’s and their client’s private information have been held for ransom by cyber criminals. In some cases,…
Read MoreGo Green and Save Money Too!
In the past, running your business in an environmentally friendly way was considered a liability. Today, we’ve come a long way and realized that sustainable practices are actually one of the best ways for a company to save money. There are countless examples of how companies have reduced their costs by adopting green technologies. Just…
Read MoreGrowth Strategies to Take Your Business to the Next Level
If the past year has been a challenge for your business’s growth, it might be time for some fresh direction and ideas. And if there’s anything we’ve learned in the past year, it’s that finances are highly integrated with every area of a business especially marketing. Because of this, I highly recommend that you revisit…
Read MoreStrategies to Manage Your Gross Margin and Increase Profitability
If you are attaining your projected sales numbers, but your cash flow and overall profits are not where you’d like them to be, you may need to better understand and manage your gross margin. No matter how high sales are, an unmanaged gross margin will likely result in a lower gross margin than expected. To…
Read MoreHow to Start Your Year Off Right
By now, you have probably set some New Year’s resolutions and goals for your business but have you considered developing a strategic plan? While many small and medium-sized business owners think strategic planning is only possible for big businesses, it is actually very feasible for smaller businesses. There are some wonderful articles and guides to…
Read More