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Entrepreneur Discusses Dealing With Smaller Markets

In a recent interview with Jeremy Tofte of Melvin Brewing, he was asked about some smaller markets and how he deals with them. This is what he had to say:

Yeah, test them out and if the customers like us and continue to drink us and there’s enough demand, once we get capacity we know that’s a market we’ll enter. It could be two years away, it could be two months away. But we’ll have more capacity online this winter and be able to possibly start opening new markets, but after GABF Denver’s just soaking up more beer than ever before. That was our biggest market, and now it’s even more so. We have a difficult time getting semis to our brewery, because we’re in the middle of nowhere. We’re having a hard time getting beer out. We’re looking at starting a shipping company, and that will just take beer back and forth to Denver.

You can read the full interview by visiting: http://allaboutbeer.com/article/jeremy-tofte-melvin-brewing/

Are Accountants Becoming Obsolete Due To Online Web Programs?

Accountants have been concerned recently with the rise of online web software. The days where every individual turns to an accountant to process their tax returns is over. Online web programs have been able to allow millions of Americans to do their own taxes. Accountants often worry about the future of their industry. But their jobs will never completely be phased out. Instead, there are still millions of people who want the personal connection and expert advice that accountants are able to provide.

Personal connection

Accountants provide a personal connection that is lacking in most tax preparation and accounting software. The personal connection provides a person for confused individuals to turn to. Accountants can provide kind words of encouragement and a personalized touch. Robert Tweed notes that they can offer specific guidelines and projections for what an individual can do to keep their payments straight.

They can also show how a person should structure their taxes and even their businesses. An accountant may be able to aid an individual in what accounts they should use for different tax purposes. He or she might provide guidance on new businesses that a person could start and how those businesses could aid an individual’s tax situation. This level of personalized help is impossible to receive from most forms of tax software.

Tax complexity

Taxes can be incredibly complicated for some earners. Most people only have to worry about W2s and simple refunds. They often take a standard deduction which can be processed in a few short minutes. But as Robert Tweed notes, the tax code for many people can be enormously complicated. There may be hundreds or thousands of different factors that go into the amount of a refund or tax payment.

Individuals have even more concerns if they have to file as a business or an independent contractor. The government requires many independent contractors to withhold a certain percentage of their earnings every quarter. If they fail to make those withholdings, they could be subject to significant penalties. Forms can easily multiply outside of the understanding of any individual. There is a chance that a person could miss a

Convenience

Many individuals like to use tax and accounting software for their convenience. But nothing is as convenient as letting someone else handle taxes and accounting instead. Individuals can bypass the data entry and potential mistakes inherent in tax software. There are also potential drawbacks in tax payment with tax software. Some forms of tax software wait until right before April 15th to actually pay an individual’s taxes. This practice creates instability and insecurity. In addition, there are a number of aspects of web preparation software that place all responsibility on an individual. Accountants transfer some of the responsibility of business maintenance and tax preparation to another professional.

Accountants may feel a considerable amount of pressure from accounting software. They may be worried about potential lost customers and the overall viability of their businesses. But these accountants will still be able to secure large payments into the future. As long as taxes and businesses are complex, accountants will still be a necessary part of the global economy.

6 Of The Best Women-run Business Worldwide

Women have already set a new record in the number of female CEOs in business. As much as we have female CEO’s running some of the most successful businesses in the world, Chrissy Weems would like to note that there is a still a big issue in the number of women who play the role of top executives in business.

General Motors – Mary Barra, Chairman, and CEO

Barra seats at the topmost position in world business, as a woman. She rivals companies like Ford and Tesla. In 2016, she managed to beat Tesla’s Model-3 car with a Chevrolet Bolt EV that has a battery that outlasts Tesla’s car. The Chevrolet Bolt EV was the top selling pure electric car in 2016.

Barra’s new focus is on autonomous vehicles which have been sparked by the acquisition of Cruise Automation, which is a self-driving tech startup. GM has been testing its new car-sharing service called Maven that offers deals to Lyft and Uber drivers.

PepsiCo – Indra Nooyi, Chairman, and CEO

Nooyi is comfortably running PepsiCo without plans of stepping down as it was rumored in 2016. In 2018, Pepsi’s total revenue rose by 2.4% outpacing the estimates from experts, and its shares rose by 3.15%.

PepsiCo has managed to beat predictions from industry experts because of its new range of products and the innovation of its classic colas. Pepsi has been working to turn around Gatorade brand which has seen improved trajectories and performance of the sports drink.

Lockheed Martin – Marillyn Hewson, Chairman, and President

Although the F-35 fighter-jet program by Lockheed has been termed as too expensive by president Trump, he has still been close to the company as the U.S government is its primary client. Lockheed is also the beneficiary of the defense budget increase of the White House, as it also has gained new arms deals with countries like Saudi Arabia.

The company’s stock prices rose by more than 1.3% in 2018 while it increased its expected annual cash flow for 2018 to approximately $3.3 billion from the projected $3 billion.

Facebook – Sheryl Sandberg, COO

Sheryl has been on the forefront to speak more on the issues that are important to her over the years as she also took to respond issues Facebook has been having on online hate groups and fake news. Sandberg also published a book called Option B that talked about her grief after the loss of her husband.

In 2018, Facebook shares have collapsed to about 24% due to the Cambridge Analytica election scandal. On the other side, Chrissy Weems would like to highlight that Facebook’s specific global DAU rates rose by 11% year over year with the Philippines, Indonesia, and India leading the growth curve.

IBM – Ginni Rometty Chairman, President, and CEO

IBM has been shifting its business to mobile, cloud, security and analytics as its sales on computers has been dwindling for years. In 2018, we have seen IBM have a three consecutive quarter revenue growth after it had declines for five straight years.

Cloud platforms and technology services have become its major source of revenue. IBM also acquired Oniqua which led Ginni to announce that it had designed the world fastest supercomputer.

Oracle – Safra Catz, Co-CEO

Catz plays the role of a co-CEO in charge of the company’s significant expansion where it hires more than 5,000 engineers, and other staff to beef up its cloud business. The cloud division is Oracle’s fastest growing sector.

Catz was in charge of the acquisition of NetSuite which was purchased in 2016 at a price tag of $9.3 billion; the largest deal that Oracle has ever made. Besides being at the forefront of Oracle, Catz also runs a $3.5 billion STEM investment initiative.