Advising, Consulting and Mentoring Greater Houston area business since 1986
February 2014
 
   

 

Welcome to the Silver Fox Advisors monthly newsletter, "The Silver Fox Advisor" has been developed as informative reading material for business owners and managers.

 

We hope you will find this newsletter to be interesting and valuable to your business. 

 

Silver Fox Advisors

Understanding Figures And What They Symbolize, Relating To Your Business Success

By Hank Moore, Corporate Strategist™

Business bases much of what it does on statistics. Most often, they're financial numbers or sales goals. More importantly are the Big Picture statistics that affect every aspect of business growth and success. The way in which the bigger issues are interpreted has direct bearing on strategy and implementation.

Here are some of the most significant statistics that relate to your ability to do business:

Only 2% of the businesses have a plan of any kind. What many of them think is a plan include some accounting figures or sales goals. That is not a full-scope plan. Of the companies who continue to operate without a plan, 40% of them will be out of business in the next 10 years.

Read More... 

If I Agree To Pay The Tax In Full, Will The IRS Simply Forgive The Interest And Penalties?            

 By George W. Connelly - Silver Fox Advisor

This is a question I hear from a lot of clients who owe the IRS money, because either they were not able to pay everything on their tax return when it was filed, or they endured an IRS audit and adjustments were unfavorable to them. The fact of the matter is that, outside the confines of an Offer in Compromise based on doubt as to collectability, which is governed by I.R.C. � 7122 and an analysis of the taxpayer's ability to pay the liability in full, the IRS has a lot less discretion in this area than most people think.

Let's look at interest first.

 

Read More...

 

Creativity

From marketing to operations and countless things in between, creativity plays a critical role in an organization's success. How many of us make the time and effort to foster creativity within ourselves and our organizations on a regular basis? The answer is likely not enough. t

Click here for Tips to Boost Your Creativity...

     

 


 


 

 

Silver Fox Advisors

 

Silver Fox Advisors are current and former business owners, entrepreneurs and executives dedicated to assisting business owners to improve their enterprises through mentoring and consulting. Advisors have been sharing their knowledge, experience and skills for more than twenty-five years.

To work with a Silver Fox Advisor, please visit our website at  www.silverfox.org and select your advisor.

Books by
Silver Fox Advisors
  

Several Silver Fox Advisors have written books sharing their business experiences and expertise. These books contain information that you may find helpful to you and your business. We encourage you to visit our web site and click on the Resources link to find a listing of all books that are available.

 

This Month's Featured Book 

   

 

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Silver Fox Advisors  713.467.5900  executivedirector@silverfox.org