Mark Cuban Unabashed

Approximately six months ago, three top-rated consulting companies, ROI, GPS and ABS, compiled a list of extraordinary people with extraordinary stories. From that list, we selected the individuals we thought were most inspirational. The Mark Cuban story is as inspirational as it is fascinating. We wanted to offer our entrepreneurial readership the opportunity to peer [...]

R & R Time With Ben Stein

Renowned economic authority Ben Stein sits down with GPS-ABS to discuss a variety of topics ranging from business to his personal life. Read what he said regarding the future of the economy, the pros and cons of being famous and what he would do if he had an easy button.

Planning Your Estate

As a tax consultant, I have personally met with hundreds of business owners throughout the United States, from all walks of life, engaged  in a wide variety of industries. While the differences between individual business owners are enumerable, I have found that, by and large, these owners have one circumstance in common—they are all very [...]

  • Tax Strategies

  • The Gathering Storm

    The Gathering Storm

    “I am not afraid of the storms for I am learning how to sail my ship.” – Louisa May Alcott
    Longtime residents of coastal areas know very well to prepare for a hurricane long before the first raindrops fall, the winds reach dangerous speeds and the storm surge approaches. They board up windows, prepare food and [...]

  • What’s The Best Structure For My Company?

    What’s The Best Structure For My Company?

    As you may know, there are different types of entities: the limited liability company (LLC), the corporation (subchapter S or C), the sole proprietorship and the partnership. What’s the best one? To put it simply, none of them. If there was one perfect entity, then every business would be structured identically. No single entity produces [...]

  • Maintaining Proper Minute Books & Corporate Records – A Canadian Perspective

    Maintaining Proper Minute Books & Corporate Records – A Canadian Perspective

    The following article contains substantial contributions from Donna Kubota and Sandra Corrigan—they provide invaluable contribution in the practice of Ontario law.
    This article focuses on the need for owners of small- and medium-sized companies to ensure their minute books are up-to-date. Though the author specializes in Ontario law, the principles of proper recordkeeping apply throughout Canada [...]

  • Under Siege: Asset Protection In Tough Times

    Under Siege: Asset Protection In Tough Times

    You cut costs and became leaner to face your competitors head-on in today’s challenging environment, but is that really all you can do?
    Congratulations! You are a business owner—the king of your castle, master of your universe—and you have dominion over all you survey. Your guts, dedication and success, unfortunately, make you a prime target for [...]

  • Tax Effects Of Health Care Reform On Individuals & Businesses

    Tax Effects Of Health Care Reform On Individuals & Businesses

    Given that one of the most drastic reforms to our nation’s health care system is likely to take place sometime during the coming year, it is important for individual and corporate taxpayers to have a firm understanding of the potential effects that reform will have on them. While the bills currently in the House of [...]

  • Tax Planning In A Recession

    Tax Planning In A Recession

    Given the current and past economic crisis, many businesses are in serious danger as revenues are falling and profits disappearing. While  even leading economists disagree sharply as to the expected length of the current recession, they all certainly agree  that the  recession will end. The real question for many small businesses is whether they can [...]

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  • IT & Internet

  • Databases: Silent But Vital

    Databases: Silent But Vital

    So, what do March Madness, Fantasy Football, Facebook and most businesses have in common? They all utilize databases to keep track of data and provide answers to our most compelling questions. How did the NCAA calculate the ratings percentage index (RPI)? How many points did your fantasy team score and was it more than the [...]

  • Your Online Billboard

    Your Online Billboard

    Imagine you had the ability to gather large groups of people together at will. These groups of people are not only large in quantity, but are also focused on and interested in the same topic. Now, imagine you already know what topic these people are interested in before they gather in front of you and [...]

  • The Hidden Benefits Of SEO

    The Hidden Benefits Of SEO

    You’ve heard a Search Engine Optimization (SEO) consultant can do wonderful things for your company’s Web site, so you’ve gone ahead and hired one. Congratulations! But now what? What can you expect from your SEO consultant? What will he or she do for your business? What can he or she do for your business? Some [...]

  • Online Marketing Made Easy

    Online Marketing Made Easy

    As a small business owner, successfully managing all aspects of your company is your top priority. However, if you don’t have an online marketing background, how do you manage a relatively new marketing medium such as the Internet? How do you get a handle on the various avenues available online such as pay per click [...]

  • Tweet Your Way To Business Success

    Tweet Your Way To Business Success

    Think social networking sites are only for those looking to reconnect with old high school friends, date or broadcast what’s happening in their lives? Think again. Recent research indicates more and more executives and managers are utilizing sites such as Facebook and Twitter for business purposes.
    According to a May 2009 survey conducted by NFI Research, [...]

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  • Business Management

  • Changing Company Culture

    Changing Company Culture

    Most people never give company culture a second thought until there is a need to change it. Culture is rarely defined in a business or an organization and, unlike personnel policies or procedures for established workflow, company culture is not something written down. Rather, culture can often be described by any veteran employee to a [...]

  • Why You Should Edit That Memo One More Time

    Why You Should Edit That Memo One More Time

    You’ve finished writing a letter or perhaps an e-mail to a customer, and are ready to send it off. But what about the embarrassing chance that you notice simple errors in your letter after it’s too late to change them, or worse, the customer points out the mistakes during a conference call?
    Keep your communication, whether [...]

  • 6 Sins

    6 Sins

    Surviving in today’s business world is more difficult than we have witnessed ever before. Small- and mid-sized businesses are failing at a rate that has not occurred in more than 60 years. An analysis of the reasons for this high rate of failure quickly points to the following fundamental errors made by business owners.
    A passive [...]

  • The Winds Of Adversity

    The Winds Of Adversity

    By Gentry Stanley & Micah Stanley, JD
    Adverse fortune or fate; a condition marked by misfortune, calamity or distress. An unfortunate event or circumstance. A crisis. Trouble, affliction, opposition, pressure, anguish, testing, catastrophe, disaster, misery and loss. It is greater than our ability to resolve and it usually comes in multiples—it is adversity.
    If you are in [...]

  • Women-Owned Businesses

    Women-Owned Businesses

    While the number of women-owned businesses—defined as privately held companies that are at least 51 percent owned and controlled by one or more women—is increasing, and the economic contribution of this group is significant, the percentage of women-owned businesses in America is still relatively small.
    According to the latest published statistics from the Survey of Business [...]

  • Question & Answer – Small Business

    Question & Answer – Small Business

    I own an eatery in a very slow mall. We have a corner spot right by the main entrance. I post daily specials and advertisements in the commons area. What else can I do?
    Restaurants, like most businesses, are driven by sales and marketing. Marketing attracts customers, and selling your products to these customers is the [...]

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  • Exit Strategy

  • GPS For Retirementville

    GPS For Retirementville

    Every business owner knows that running a business is more than a full-time job. Depending on the size and structure of the business, an owner may serve as everything from salesperson to production manager, to office manager, to client services representative and then some. With all of that on their plates, it’s no wonder successful [...]

  • When I’m 64: Why Business Owners Need An Exit Strategy

    When I’m 64: Why Business Owners Need An Exit Strategy

    It’s been called the largest wealth transfer in human history, and with good reason—some 76 million baby boomers will retire and dispose of an estimated $40.6 trillion in wealth and property over the coming decades.

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  • Other Recent Articles

  • Hire Calling

    Hire Calling

    In September 2009, a certain job fair drew a crowd of more than 8,000 hopefuls even though only 26 companies were hiring. With unemployment at record highs around 10 percent throughout the country, it’s an employer’s market and an opportunity to recruit the best of the best. On the down side, high unemployment means hiring [...]

  • Sedona Rocks

    Sedona Rocks

    Experiencing Sedona, Arizona by Jeep
    When John Bradshaw came into this world in 1970, it was fair to call his Sedona, Ariz., birthplace a one-horse town. “My dad couldn’t afford to pay for my delivery in cash, so he traded the doctor a thoroughbred horse,” Bradshaw said.
    Two years later, Bradshaw’s brother Scott was born. “This time, [...]

  • Skewed Priorities

    Skewed Priorities

    The ability to understand and increase business value represents a competitive advantage and opportunity for construction company owners.
    In the 1980s, business value was computed with financial and income statements, along with the balance sheets. Today, more value is placed on the intangibles—the intellectual capital, proprietary processes, brand name, relationships with suppliers, customers and employees and [...]

  • Making A Difference

    Making A Difference

    It’s not always possible to donate unlimited amounts of money to a favorite charity, but it is reasonable to give time and effort through unique opportunities. And just as they do with successful companies, today’s leaders are looking for opportunities to lend a hand, while providing a sense of accomplishment to all involved. Nicolaas Vlok [...]

  • Symptoms Of A Heart Attack

    Symptoms Of A Heart Attack

    The difference between men and women
    When it comes to your job, a certain amount of stress most likely comes with the territory. However, in today’s challenging economy, you may find it more difficult than ever to cope with work-related stress. A recent survey has provided the strongest evidence to date regarding how on-the-job stress can [...]

  • Economic Recovery Or Relapse

    Economic Recovery Or Relapse

    Where Do We Go From Here?
    While we would like to believe that the worst of the economic storm has passed and the recovery from the worst recession since the Great Depression has begun, the economic signals are anything but clear. Though it is doubtful we will fall back to the depths of where we were [...]

  • To Split Or Not To Split?

    To Split Or Not To Split?

    Corporate stock splits are often noted in financial news, although contrarian views exist as to whether a stock split is beneficial. In general, a stock split is a corporate action that increases the number of the corporation’s outstanding shares by dividing each share, which in turn diminishes its price.
    Many “average” investors are ecstatic upon receiving [...]

  • Want To Know What Your Business Is Worth?

    Want To Know What Your Business Is Worth?

    Over the last decade, the demand for business valuation services continues to flourish. According to 2002 and 2003 surveys conducted by Accounting Today, of the top 100 CPA firms, business valuation was the fastest growing niche service. In 2006, that ranking dropped to second, primarily due to the earlier meltdown of the public accounting industry. [...]

  • Good Communication Good Business

    Good Communication Good Business

    Lee Iacocca once said, “You can have brilliant ideas, but if you can’t get them across, they won’t get you anywhere.”
    Indeed, effective communication skills are vital for success in business and in your given profession. In this article, we’ll look at a few of the many ways good communication is good business.

    Good Communication Drives Superior [...]

  • Anguilla Business In Paradise

    Anguilla Business In Paradise

    If you’ve ever considered chucking it all and moving to a far off island in the Caribbean, Anguilla is as good as it gets. The island is but 16 miles long and three miles wide. This could very well be where the saying “good things come in small packages” originated.
    If your dream of getting away [...]

  • Ask The Expert

    Ask The Expert

    When it comes to running my small plumbing company, I feel as though I’m always taking a reactive approach. Certain aspects of my company don’t get fixed until a problem has already occurred. Do you have any advice as to how I can take a more proactive approach to managing my business?
    Just like people have [...]

  • The Remarkable Story Of Rodney Lavard

    The Remarkable Story Of Rodney Lavard

    Rodney Lavard thought he’d heard it all before. The 19-year-old clubhouse attendant at the only golf course in the Turks and Caicos Islands was used to hearing “resort talk” from vacationers. But what Lavard heard on this day was different. This felt almost cruel.
    Natives of Providenciales, the most inhabited of the Turks and Caicos Islands, [...]

  • Calling All Patriots!

    Calling All Patriots!

    Gen. Stanley McChrystal, the U.S. commander in Afghanistan, says the United States cannot provide war-torn nations with an “endless surge” of combat forces. In an extended interview with CNN’s Christiane Amanpour, McChrystal said the United States and its allies are sending thousands of troops to help secure Afghanistan’s future by reversing the Taliban’s momentum and [...]

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