James J. Talerico, Jr.

My Advice to Small Businesses For Dealing With The Coronavirus –

Reading Time: 6 minutes The medical experts have stated that the Coronavirus is a virus like none faced by US small business owners in the last hundred years, and it’s clear that we will be dealing with this crisis for the foreseeable future. As… Continue Reading →

How I Accumulated 30,000 Followers on LinkedIn –

Reading Time: 5 minutes I was inspired to begin engaging on social media in the summer of 2009 just before the credit crunch while on a Southwest Flight from Chicago to Dallas. I was sitting next to a young man named Ben, a social… Continue Reading →

Small Business Statistics and Trends As We Enter The New Decade –

Reading Time: 5 minutes This article summarizes the economic impact, major concerns and characteristics of small businesses in the US and points to demographic trends likely to change the face of small businesses in the new decade. The impact of small business on the… Continue Reading →

The Five-(5) Stages of A Small Business – Growth

Reading Time: 5 minutes Great leaders don’t wait for predictable crises to occur, they avoid them by acting before they happen. Understanding the common problems associated with growing a business is an important topic for both aspiring and struggling small business owners. The purpose… Continue Reading →

Why It’s Time To Strengthening Your Small Business’ Focus On Ethics –

Reading Time: 3 minutes If you are a lawyer, doctor, CPA, financial planner or other professional, there are clearly defined ethical guidelines to which one must adhere; but when it comes to small business, ethical standards are less well defined and must be spelled… Continue Reading →

Protecting Your Small Business From Cybersecurity Threats –

Reading Time: 4 minutes I recently sat in on a cybersecurity seminar my client in Tulsa held for his employees and it really opened my eyes to the risks small businesses face today to cyberattacks. Cyberattacks are being reported in significant numbers by small… Continue Reading →

Preparing Your Small Business For The Next Disaster –

Reading Time: 3 minutes It seems like business owners today are more suspectable than ever to disasters. Natural disasters like wildfires, floods, earthquakes, hurricanes, tornados & blizzards, and man-made disasters such as acts of terror, power outages, cyberattacks, major accidents & possible pandemic outbreaks… Continue Reading →

Questions Small Business Owners Should Be Asking When Strategic Planning –

Reading Time: 7 minutes As each new year approaches, business owners should be taking stock of their businesses, evaluating new opportunities and setting goals & objectives for improving and/or repositioning their businesses for the future. These goals & objectives should be mindful of “where you… Continue Reading →

Getting Employee Compensation Right –

Reading Time: 3 minutes According to the NFIB’s October Monthly Jobs Report, 61% of small businesses reported that they are hiring or would like to hire additional employees.  Job openings are currently most prevalent in the construction (56%), manufacturing (54%), and transportation (51%) industries, followed… Continue Reading →

The Paradigm Change from “Recruiting” to “Talent Acquisition -”

Reading Time: 5 minutes Talent acquisition is a problem I have repeatedly confronted while consulting with small businesses for several years now. Given the strong US economy — due in large part to President Trump policies — talent acquisition has emerged as a top human… Continue Reading →

How to Select A Business Consultant –

Reading Time: 3 minutes For many business owners, choosing a consultant is almost like shooting in the dark. According to a recent study, only 7% of businesses feel they know all the questions to ask when hiring a consultant. The process of choosing a… Continue Reading →

Effective Leadership Strategies for Small Businesses –

Reading Time: 4 minutes Last time I was on the Price of Business, Kevin and I discussed the importance of teamwork to an organization’s success.  In this article, I discuss the other side of that relationship: namely, leadership. I have studied leadership in college,… Continue Reading →

Could Your Small Business Benefit From Lean Manufacturing ?

Reading Time: 8 minutes If you use key performing indicators to measure how your business is doing, seek input from your employees about ways to continually improve, or use ERP software you are, in fact, practicing “lean manufacturing.” The question is are there other lean… Continue Reading →

Insights About Teamwork

Reading Time: 3 minutes How important is teamwork in the workplace ?  A recent survey suggests that 86% of executives and subordinates cite the lack of collaboration and ineffective communications as the source of workplace failures. Contemporary thinking about teamwork coincides with the evolution… Continue Reading →

Could Your Small Business Benefit From Lean Manufacturing ?

Reading Time: 8 minutes If you use key performing indicators to measure how your business is doing, seek input from your employees about ways to continually improve, or use ERP software you are, in fact, practicing “lean manufacturing.” The question is are there other lean… Continue Reading →

International Business Startup Trends

Reading Time: 3 minutes Back in 2015 during the Obama administration, Kevin and I discussed negative trends in both new business startups and business success rates. The good news is that since 2015 the number of startup companies seeking seed funding has increased and… Continue Reading →

The Business Tax Credit That Even Your CPA Isn’t Aware Of

Reading Time: 4 minutes It is estimated that billions of dollars in WOTC Tax Credits aren’t being claimed by businesses, and that 1 in every 5 people hired in the US are potentially eligible for this tax credit.  The average available tax credit is… Continue Reading →

10 Things Businesses Should Be Focused On In 2018 –

Reading Time: 4 minutes We are getting close to the end of the year and it’s time for business owners to be thinking about goals & objectives for next year. The following list includes business trends that I have consulted about repeatedly during the… Continue Reading →

Maximizing Your Social Media Efforts

Reading Time: 5 minutes In my experience working with small businesses, I find that while many businesses today have a Facebook, LinkedIn and/or Twitter account, most are not maximizing their social media impact and, as a consequence, missing a huge opportunity ! Here is… Continue Reading →

Improving Your Succession Planning ROI

Reading Time: 2 minutes Because of the aging baby boomer population, we are currently in the middle of a transition in ownership of roughly 90 million US businesses with a combined value of $10 trillion.    The plan for an owner to exit a business… Continue Reading →

Top Franchises in 2015

Reading Time: 2 minutes I thought talking about franchises would be a timely topic because recent statistics reveal that since Obama has taken office small businesses are actually having a more difficult time making it.   Consider the following: historically, studies reveal that over time… Continue Reading →

2015 Tax Planning by James J. Talerico Jr.

Reading Time: 4 minutes Many of your listeners are — or should be — starting to think about tax planning.  This article provides a list of tax questions the reader can take to his or her tax professionals.  I will summarize where we are… Continue Reading →

About James J.Talerico, Jr. – CEO & Founder of Greater Prairie Business Consulting

Reading Time: < 1 minute A nationally recognized small to mid-sized business SMB expert, Jim has consistently ranked among the “top small business consultants followed on Twitter.” With more than thirty – (30) years of diversified business experience, Jim has a solid track record helping thousands… Continue Reading →

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