Monthly Archives: February 2011

SBA Announces Contracting Program For Women-Owned Small Businesses

WASHINGTON ? Women-owned small businesses can begin taking steps to participate in a new federal contracting program on Friday, Feb. 4, the U.S. Small Business Administration announced today. The new Women-Owned Small Business (WOSB) Federal Contract Program will be fully implemented over the next several months, with the first contracts expected to be awarded by the fourth quarter of fiscal year 2011. Continue reading

Posted in Business Advisory

2011 – The Year of Fiduciary – UPDATE!

Our last blog was titled ?2011 ? The Year of Fiduciary,? little did we know that the Securities and Exchange Commission (SEC) would so quickly make a confirming declaration.

January 22nd, 2011 the SEC staff, under mandate from the Dodd-Frank financial reform law, recommended that the agency should adopt rules implementing a ?uniform fiduciary standard for brokers and advisors that require broker-dealers to act in the best interest of their clients, without regard to the financial or other interest of the broker or advisor.? If you are a plan administrator, this is what you have been waiting for.
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Posted in Employee Benefit Plans

Health care reform timeline (outline) 2010-2020

What changes lie ahead?

Starting in 2011: Employers may report the value of health care benefits on employees? W2 tax statements (optional for 2011 tax year/mandatory thereafter). Continue reading

Posted in Employee Benefit Plans

Marketing Metrics: What CMOs Report

Marketing Metrics: What CMOs Report

1. Revenue metrics dominate: Revenue metrics (sales, market share) are the primary means they use to evaluate marketing activities. Unfortunately, few link marketing actions to critically important firm outcomes, such as customer retention (15%), profits (14%), brand value (11%), net promoter score (7.5%) and stock market performance (2 percent).

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Posted in Business Advisory