3 "Musts" to Hire Right

by Jan Triplett

Business Success Center

Jan Triplett, Ph.D. is the CEO of the Business Success Center (BSC), a City of Austin certified green business, that provides sales and financial growth strategies, planning, and implementation. She is also a professor in Business and Professional Skills for the online MBA program at Mary Baldwin University. Triplett is a national and international speaker, author of A Networker’s Guide to Success and co-author of Thinking Big, Staying Small and Easy to be Green. She published The Networker ” magazine for over ten years and moderated KUT radio’s nationally syndicated program, “The Next 200 Years”. She was co-creator of the award-winning “City Management Academy” and the “Owners MBA” and co-founded the Entrepreneurs’ Association Hatchery incubator and accelerator. She is a small business activist. She served as a White House Conference on Small Business and Congressional Summit delegate, served on the Mayor’s Task Force on International Infrastructure, initiated the Northcross IBIZ District and recommended portions of Austin’s Big Box Ordinance. She was a founder of the Women’s Chamber of Commerce of Texas and the Greater Austin International Coalition. The SBA honored her as Texas’ Small Business Advocate. She has also earned her CBTAC and Director credentials. Her company received a Small Business Administration (SBA) five-star national award and the Austin Business Journal named it a top 20 management consulting firm.

No matter what, the world has changed forever when it comes to hiring. You just don’t need as many people as you did.

Topics: Featured, Management, Blog Posts, Labor & Employment, Human Resources

Is Social Security a Ponzi scheme?

by Dave Sather

Sather Financial Group

Dave Sather is a CERTIFIED FINANCIAL PLANNER and President of the Sather Financial Group, Inc. Sather Financial Group is a $400 million “fee-only” wealth management firm based in Victoria. Sather Financial is ranked as one of the top independent wealth management firms in the country according to Financial Advisor Magazine. Dave was raised in El Paso, received his B.A. in Business Management from Texas Lutheran University and received his M.B.A. from Texas A&M University. He has spent the past twenty years in the financial analysis, investment and banking industries. Dave is an adjunct professor in the business program at Texas Lutheran University. Additionally, Dave is a director of Business Bank of Texas as well as the Chairman of the Finance and Investments Committee for the Brownson Children’s Home and is a member of the Executive Advisory Council at Texas Lutheran University. He resides in Victoria, Texas.

As Governor Perry runs for President, he has referred to Social Security as a Ponzi scheme. This has scared some and made others question the systems long term viability.

Topics: Featured, Blog Posts, Labor & Employment, Employee Benefits, Accounting & Finance

Austin, San Antonio once again make Forbes “top” list

by Leslie Thacker

Business Finance Solutions

Leslie Thacker is the Managing Partner of Austin Texas-based Business Finance Solutions. Leslie has over 20 years of general business experience, including ten years managing the marketing, sales, and projects for financial services including bank lending programs and electronic data interchange programs for small businesses. She has served as a consultant to several banks and a small business investment company (SBIC). Her role in Business Finance Solutions includes assisting small and mid-sized businesses obtain working capital financing, equipment leasing, and leveraging other assets for working capital. Before entering the financial industry, Leslie was the publisher of a business trade publication in Corpus Christi. She also has an extensive background in inventory control and merchandising. Leslie is passionate about helping business owners, managers, CFOs, and operations personnel obtain valuable practical business training. In March 2009 she started a highly successful Austin based Meetup group. Each month she has arranged a respected speaker to present a finance or operations topic of interest to the group. There are now approximately 180 members of the group. Leslie also volunteers time at the Texas State Small Business Development Center, assisting with educational programs and the center’s marketing program. When not helping businesses find financing and practical educational resources, Leslie spends time in her garden growing antique roses.

Austin, San Antonio and other cities in Texas have ranked high on numerous lists for places to do business and quality of life in recent years. A June 6, 2011 Forbes article ranks Austin as the top city in the country for future population growth. San Antonio is ranked forth, Houston fifth, and Dallas seventh.

Topics: Operations, Featured, Labor & Employment, Strategic Planning, Employee Benefits

Texas sized job creation

by Dave Sather

Sather Financial Group

Dave Sather is a CERTIFIED FINANCIAL PLANNER and President of the Sather Financial Group, Inc. Sather Financial Group is a $400 million “fee-only” wealth management firm based in Victoria. Sather Financial is ranked as one of the top independent wealth management firms in the country according to Financial Advisor Magazine. Dave was raised in El Paso, received his B.A. in Business Management from Texas Lutheran University and received his M.B.A. from Texas A&M University. He has spent the past twenty years in the financial analysis, investment and banking industries. Dave is an adjunct professor in the business program at Texas Lutheran University. Additionally, Dave is a director of Business Bank of Texas as well as the Chairman of the Finance and Investments Committee for the Brownson Children’s Home and is a member of the Executive Advisory Council at Texas Lutheran University. He resides in Victoria, Texas.

Last week CNBC presented their survey results on the best states for business. Since the inception of their survey in 2007, Texas and Virginia have traded off the number one slot. Out of 2,500 total survey points Virginia received 1,660 and Texas scored 1,578.

Topics: Featured, Business Best Practices, Blog Posts, Labor & Employment, Strategic Planning

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Audio Podcast: Hopeton Hay interviews economic development consultant Brian Kelsey about the Cental Texas economy

by Hopeton Hay

Economic Perspectives

Hopeton Hay is the host and producer of Economic Perspectives on KAZI 88.7 FM, the longest running locally produced business and economics talk show on radio in Central Texas. Past guests of note on Economic Perspectives have included David Hinson, National Director of the U.S. Minority Business Development Agency; Yolanda Olivarez, Dallas Regional Administrator for the U.S. Small Business Administration; and Ken Blanchard, author of The One Minute Entrepreneur. Hopeton has over 20 experience assisting small, minority, and women-owned businesses with access contracts, capital, and bonding. He has received numerous awards for his efforts including the Minority Business Advocate of the Year from the U.S. Small Business Administration’s San Antonio and Houston District offices. Currently he serves on the board of directors of the Austin Chapter of the National Association of Black Accountants and the Surety Association of South Texas.

The audio podcast is recorded from a live interview Hopeton Hay conducted with Brian Kelsey on his weekly radio talk show, Economic Perspectives, about economic trends in the Austin metro area on August 23, 2010. Kelsey is principal and founder of Civic Analytics, a consulting firm that provides research and planning services for economic development.

Topics: Featured, Labor & Employment, Strategic Planning, Podcasts

Hire a new employee and get up to $7,621.60 back from the federal government

by Caroline Valentine

Valentine HR

Caroline Valentine, President, founded ValentineHR in 2004 with the goal of providing effective human resource solutions to companies in the small to mid-sized business space. Her career background includes both hands-on and leadership roles within human resources, recruiting, training and business development teams for companies in various stages of growth. Having held respected positions in the HR field for over a decade, she is now dedicated to providing professional and innovative services to clients in many industries including technology, manufacturing, professional services, banking, education, energy, transportation, construction, retail, entertainment, ecommerce, and non-profit. Caroline possesses expertise in recruitment and retention, workforce planning, employee relations, organizational development, compensation and benefits, compliance and liability, management and staff training and HRIS and ATS assessments. She holds a Bachelor of Arts degree from the University of Texas at Austin and is a member of the Austin Human Resource Management Association and the Society of Human Resources Management. She received her PHR certification in 2001 and her SPHR in 2010. Caroline has been active with many local non-profits including Meals on Wheels, Cystic Fibrosis Foundation, Busby Foundation, Entrepreneurs Foundation of Central Texas and SAG Foundation.

Hire a new employee and get up to $7,621.60 back from the federal government

Topics: Labor & Employment, Articles, Human Resources, Taxes

Health care reform: key health insurance changes in 2010

by Cuatro Groos

efg&m, L.P.

Cuatro was born in San Antonio, Texas. He holds a BA (Plan II Honors Program) as well as an MBA and a Master of Public Affairs from the University of Texas at Austin. Cuatro’s early professional experience was diverse. It included teaching English at a university in Quito, Ecuador, helping to manage a family catering business in San Antonio, and serving as a policy analyst for the Speaker of the Texas House of Representatives. After receiving his graduate degrees, Cuatro worked as a marketing analyst and manager for Dell as well as a number of software startups. The experience working in the startup world, along with that of managing a family business, gave him a love for small business and a deep respect for the courage it takes to start and grow a business. Cuatro has been serving business owners and entrepreneurs as an insurance advisor since 2001. efg&m, LP provides guidance and support to businesses of all sizes in the areas of health insurance and employee benefits. The firm also helps self-employed individuals with health and related benefits. Cuatro speaks regularly on health care policy and key industry issues including health care reform, new compliance challenges/solutions, and workplace wellness. Cuatro is a Certified Insurance Counselor and a member of the National Association of Health Underwriters. He serves on the board of the Foster Angel Network of Central Texas. He is also the president of Trojans Pop Warner Youth Football Association. Cuatro has served on the boards of the Young Men’s Business League of Austin and the McCombs MBA Alumni Network for Central Texas. Cuatro lives in Austin, Texas with his wife, Alicia, an intellectual property attorney, and their three children. In his spare time, he loves coaching youth sports and being outdoors.

The Patient Protection and Affordable Care Act (PPACA) was passed on March 23, 2010. At about 2700 pages long, it is one of the most far-reaching laws passed in the United States in many decades. It will take many years to be implemented. While many of the entities and processes called for by PPACA are yet to be defined and executed, we do know about the key changes taking place in late 2010 and on the horizon in 2011 and 2012. Our focus in this post is on what business owners, CFOs, Controllers, and Human Resource Managers need to know to navigate the new landscape created by the early years of health care reform.

Topics: Labor & Employment, Employee Benefits, Articles

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