Sterck Enfield O'Neill accounting group, inc.
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 The Accounting Educator . from Your Financial Success Advisors 
June 2003, Number 1 
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Greetings,

Entrepreneurs have to plunge into uncomfortable places in order to beat the competition. This newsletter offers you tips to strengthen your resolve when facing the unfamiliar.

In this issue...
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  • Conquering the Fear Factor
  • Are You a Leader?
  • Management by Committee Isn't the Way
  • Many Businesses Overpaid their Taxes!
  • Is Your Accountant or CPA Worth Your Money?

  • Are You a Leader?
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    Seven basic leadership traits can help you run your business. Best of all, these qualities can be learned and are not just for "natural born leaders".

    Emotional stability, dominance, enthusiasm, conscientiousness, tough-mindedness, self-assurance, and compulsiveness are the qualities experts have identified as keys to great leadership.

    Review your strengths. What talents do you already have? Which ones do you want to develop and improve?

    Check out the 7 Leadership traits ... »

    Management by Committee Isn't the Way
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    Collaboration is great, and you want your employees to feel as invested in the business' success as you are. You know that the business has grown and you cannot make ALL the decisions anymore.

    So, you're thinking of starting an employee committee to make key decisions for your company.

    But, read a cautionary tale about a firm that almost went under because STRATEGIC business decisions were delegated to committees!

    See what works and what to watch out for as you give your employees more responsibility.

    Give Up Control, but ... »

    Many Businesses Overpaid their Taxes!
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    Over 3,600 small businesses have wrongly paid Alternative Minimum Tax since November, 2000, according to the Associated Press.

    If your business did not have a knowledgeable accountant prepare its taxes, check now that you have not paid too much tax!

    In 1997, Congress exempted businesses with average gross receipts of $7.5 million or less from the alternative minimum tax, but many continued to pay.

    Details ... »

    Is Your Accountant or CPA Worth Your Money?
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    Are you satisfied with your current accountant or CPA? Do they provide you with the level of service, competence, and benefits you deserve? If not, your choice of CPA may be impacting your potential growth and success

    To help you understand what your CPA should provide, click on the logo to immediately download your FREE assessment tool THE PROFESSIONAL ACCOUNTANT'S $CORECARD which specifically outlines the skills, credentials, competence, and benefits every professional and business owner should demand from their CPA.

    More on this topic »

    Conquering the Fear Factor
    The most successful businesses separate themselves from the competition by being aggressive in the marketplace.

    To be a successful leader in business, you have to evaluate the risks but work to develop your intelligence to overcome your fears.

    This newsletter offers several leadership and management tips. Feel free to contact Sterck Enfield O'Neill for specific advice for your business ...

    -- Terry Enfield
    Director

    More on the Fear Factor...

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