A major step was taken on the road toward decreasing Philadelphia’s high resident and non-resident wage tax rates as well as the business income and receipts tax (BIRT). These reductions will lead to business and job growth in our city. Mayor Jim Kenney and an unprecedented broad coalition of bi-partisan political leaders as well as business, labor and civic leaders announced their support of …
A series of questions for business owners to consider when thinking through their personal and business short and long-term goals. The first two questions addressed whether the company has a capable and effective management team that allows you, the business owner, to take a well-deserved break. Did you take that break? Did anything happen at your company in your absence? If there were no …
Two months after The Logan Philadelphia officially opened its doors, members of the city’s hotel and tourism industries gathered at the Center City hotel to check out the newly remodeled guest rooms and event spaces. The Four Seasons at 1 Logan Square closed last June and underwent millions of dollars in renovations t o reopen as the Logan, part of the Curio Collection by …
According to the Small Business Association site, there are 28 million small businesses in America — and that number is growing. For many of these entrepreneurs, their business may be their single largest asset. So what happens when it’s time to retire? Often, the business owner may look to cash out of the business either by selling it or by passing it on to …