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Small-business owners need solid strategy to keep things afloat

The arrival of 2006 offers small-business owners a chance for a fresh start in running their companies. For those who haven’t done financial planning or had a budget in the past, January is the time to start working in a more organized fashion.

It’s also an opportunity to deal with human resources issues such as creating a vacation policy or thinking seriously about your hiring plans for the coming year.

”Most small-business owners work from the seat of their pants and don’t realize that a good plan will help them,” said Joseph Maloney, a certified public accountant with Maloney Reed Scarpitti & Co. LLP in Erie, Pa.

Joyce Rosenberg

Full Story: http://www.sltrib.com/business/ci_3360428

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