Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Are You Ready to Start a Business?
Starting up a new business is exciting while also being a frightening and difficult task. The Pew Research Center reports that more than 50 percent of startups fail in the first four years and fewer than 60 percent earn any profit after 10 years. More than 500,000 individuals in America close their businesses for good every year. […]

VIEWPOINT: Digital-marketing strategies health-care providers shouldn’t ignore
In marketing, few things change as quickly as digital media. Oftentimes, trends tagged as “the next best thing” simply come and go, and they’re not around long enough to make a real impact. Other times, trends stick; they’re tested, reworked, and re-tested so that their true potential and return are reached. In my opinion,
Ask Rusty: Spousal Benefits and Enrolling in Medicare
Dear Rusty: I will be 65 [in a month]. [My] husband will be 61 in August. If I started collecting Social Security now would I only be able to collect on myself? My husband plans on collecting at 62. Will I be able to collect some of his when he starts collecting at age 62? Also,
How Small Businesses Are Finding Talent in a Tight Labor Market
Over the past year, small-business owners have expressed record confidence in their local economies and as a result, many are attempting to expand their business or increase hiring. However, this growth has been somewhat tempered by one of the tightest labor markets in half a century. With the low Syracuse–area unemployment rate [it was at
Some recent tweets that came across the @cnybj Twitter feed, offering various small business, tech, HR, career, and personal tips. SBA @SBAgovSBA launches 2019 Emerging Leaders initiative which provides free entrepreneurship education and training for executives of small businesses poised for growth. Get the details http://ow.ly/l4Q330nUKXA NFIB @NFIBOvertime regulations, tax reform, and healthcare are among
5 Reasons Green Dentistry is Gaining Popularity
For a growing number of patients, a trip to the dentist isn’t what it used to be — and that’s how they want it. Rather than just a routine “drill-and-fill” for a cavity, they may receive a head massage, meditative advice, and diet suggestions that would seem more befitting a gastroenterologist. What they won’t receive
USDOL issues proposed regulations on white-collar exemptions
On March 7, 2019, the U.S. Department of Labor (USDOL) issued proposed regulations that would increase the minimum weekly salary to qualify for the Fair Labor Standards Act white-collar exemptions from $455 per week ($23,660 per year) to $679 a week ($35,308 a year). These new proposed regulations are intended to replace the USDOL’s 2016

Business so Tweet: how Twitter drives business growth beyond marketing
Taber is part of a new style of business. She uses Twitter threads to discuss often controversial industry topics with other industry professionals, the media, and the general public. But far from using Twitter as a “shock jock” or promotion for her brand, the social-media platform is the bread and butter of her business model.
Global Intangible Low-Taxed Income: A Shiny New Tool in the IRS Toolbox
Congress passes the tax laws, the Treasury Department collects the Tax revenues, and the IRS oversees the reporting and collection process. The Tax Cuts and Jobs Act (TCJA) of 2017 added a new U.S. revenue stream — global intangible low-taxed income, or GILTI. Those owning an interest in a foreign corporation should take note, as
CNY EXECUTIVE Q&A: A chat with Loretto’s Kimberly Townsend
Editor’s Note: CNY Executive Q&A is a feature appearing periodically in The Central New York Business Journal, authored by guest writer Jeff Knauss, who is co-founder of his own digital-marketing firm. In each edition, Knauss chats with a different executive at a Central New York business or nonprofit, with the interview transcript appearing in a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.