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Ascentium Capital Blog

Informative topics to help small businesses thrive

  • Remote Work: Pros, Cons, and Considerations for Small to Medium Businesses

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    The landscape of work has undergone a remarkable transformation, sparked by global events that have accelerated the adoption of remote work practices in recent years. What was once considered a luxury or a perk has now become a necessity for many businesses. Understanding the nuanced impacts of remote work on business operations, culture, and the bottom line has never been more crucial. In this article, we'll dive into the various aspects of remote work, examining its pros and cons, providing real-world examples, discussing tools and strategies for managing remote teams, and offering insights into the decision-making process for small to medium businesses. (Read More...)
  • Navigating the Impact of the 2024 Election on Small to Medium Businesses

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    Every four years, the United States experiences a profound shift as it embarks on the journey of yet another election cycle. This recurring event isn't just a political spectacle; it's a force that ripples through every aspect of society, including the business landscape. As we delve into the intricacies of the 2024 election cycle, it's essential to approach the discussion from a neutral standpoint, focusing on the logistical and market-based impacts rather than political opinions or policy implications. (Read More...)
  • Thriving Through Efficiency: Strategies to Reduce Small Business Expenses

    small business leaders in meeting
    In the competitive landscape of small to medium-sized businesses (SMBs), profitability hinges not only on revenue generation but also on diligent expense management. In this guide, we'll explore practical strategies for reducing expenses to boost profitability. These cost-cutting measures, backed by reputable sources, can help your SMB thrive in today's challenging business environment. (Read More...)
  • Maximize 2023 Deductions with Section 179: Tips for Small to Medium-Sized Businesses

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    For small to medium-sized businesses (SMBs), every penny counts. One valuable tool at your disposal is Section 179 of the Internal Revenue Code. This tax provision allows businesses to deduct the cost of qualifying equipment and property in the year they are purchased, rather than depreciating the expense over several years. Maximizing your Section 179 deduction can significantly reduce your tax liability and free up capital for your business. (Read More...)
  • Unleashing the Power of AI: A Beginner's Guide to Integrating AI Into Your Marketing Strategies

    Unleash the power of AI
    Artificial Intelligence (AI) is becoming increasingly prevalent in modern marketing. AI-powered solutions can help automate repetitive tasks, analyze customer data and behavior, and generate personalized content and recommendations. Leveraging AI technologies can provide companies with a competitive edge by delivering superior outcomes and streamlining marketing efforts. If you're intimidated or unsure how to get started with AI, don't worry. Here's your beginner's guide to integrating AI into your strategy. (Read More...)
  • 4 Tips to Retain Talent During the Great Reshuffle

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    There’s no turning back from the workplace changes brought about by the “Great Resignation,” according to the expert who coined the term, psychologist Anthony Klotz. A management professor at Texas A&M University’s Mays Business School, Klotz said, “The pandemic brought the future of work into the present of work.” Workers are taking a step back and considering their true value and worth and demanding more for their time and talent, creating a “Great Reshuffle.” (Read More...)
  • Rising Labor Costs Put Pressure on Small Businesses

    June 27, 2022  - Industry News
    image depicting the increasing cost of labor in the marketplace
    Many employers have responded to the Great Resignation by increasing their wages ahead of a federal mandate. However, if you’re a small business owner, you may be fearful of how a minimum wage increase will impact your business. There are pros and cons when increasing wages. Here are some things to consider before making a change. (Read More...)
  • Supply Chain Issues Creating Serious Challenges for SMBs in 2022

    photo showing truck freightliner and airplane as parts of the supply chain
    Supply chain challenges are a complex entanglement that’s affecting everyone in 2022. From aluminum to food products and fertilizers to plastic resins, businesses and consumers alike are feeling the strain. Some of the biggest sufferers of these economic disruptions are small businesses. (Read More...)
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