As a small business owner, today’s competitive market may be intimidating. If a competitor cuts prices or offers other incentives, you may feel tempted to do the same thing to hold on to your customers, even if it puts the stability of your business at risk.
    
          The United States Supreme Court upheld the Affordable Care Act (ACA) as constitutional. It is a major breakthrough for social justice in the United States.
    
          As a mom to three kids — a teenager among them — keeping my finances in check while pleasing everyone’s needs and wants can be a tough balancing act.
    
          Many articles have been written about the decline of customer loyalty, and how frugal buyers are putting a higher priority on price. Fortunately for small business owners, the repeat customer is far from becoming extinct. In today’s highly competitive environment, every necessary step must be taken to ensure the relationship with your customer doesn’t end at the point-of-sale.
    
          The surprising paralysis of the certification of the representatives of the public interest in the Puerto Rico Electric Power Authority’s governing body is the most recent example of an arbitrary system that has taken power with impunity and that self-reproduces at the expense of the best interests of the people.
    
          When it comes to providing value to customers, size isn’t everything — personalized service is.
    
          On January 31, 2011, Puerto Rico enacted a new Internal Revenue Code (the “2011 Code”), which reformed the island's tax system, containing significant changes for individual and corporate taxpayers.
    
          Even in an age of modern and high-tech communication, the most powerful and effective means of generating new business is word-of-mouth. People turn to trusted friends or colleagues for recommendations regarding product or service providers.
    
          As you are preparing your 2011 Puerto Rico tax forms, you are probably wondering which deductions are still allowed and which were eliminated. Well, if you are used to making charitable donations, you’re in luck!
    
          Women-owned businesses are one of the fastest growing sectors of our economy and are growing at twice the rate than any other group in the nation.
    
          A deduction on the tax return is allowed for an unforeseen loss of the principal residence of a taxpayer incurred during the taxable year.
    
          It really, really unnerves me whenever a journalist or talk show host — especially on the radio — while criticizing or making fun of a politician’s discourse, event or photograph in the news media, almost always identifies the action as a “public relations gimmick” or “public relations stunt.”
    
          The Small Business Administration offers Puerto Rico small businesses tips on how to succesfully bid for federal government contracts.
    
          “Primera Hora” is not the island’s best-selling newspaper, but it is the one with the greatest influence on the Internet. While “TránsitoPR,” which is not a traditional news outlet but a service that provides traffic information to other media and the public, has more influence on the Internet that all news stations on the island and several major circulation newspapers.
    
          Sales and advertising are often associated with marketing. While these are an important part of marketing, there is a horde of other tools and tactics. These tools help to enhance your business’ attractiveness and customer visibility. Using these resources along with careful research and planning, help to yield a successful marketing strategy.
NIMB ON SOCIAL MEDIA