Choosing the “Right” Software

With such a wide variety of software tools clamoring for your business and so many options among them, it becomes imperative to make calculated, data-driven decisions when considering any new software adoption. You must consider the data, business goals, and your budget, to name a few key factors. A technology plan then must be developed and adopted to focus money and energy where they will provide the greatest positive impact. Once a particular software is considered vital, both the pros and cons of each option must be considered before making the final decision.

The ultimate software choice can provide a critical missing link to help your business, non-profit / organization, or school function more efficiently and effectively! Unfortunately, software chosen too hastily can prove to be a monumental disaster requiring enormous resources of time and money to repair.

By first answering these 10 questions, you can be confident you are making the “right” software decision(s) for your business, non-profit / organization, or school:

  1. According to the data, what is your most critical need? (The most critical need is usually apparent after triangulating data sources).
  2. What other areas of need are causing problems?
  3. What are your business goals? Are they “S.M.A.R.T.”-oriented?
  4. What is your budget for this software adoption? Is it realistic / conservative?
  5. Do you need / want the new software to change your current workflow? Or do you just need the software to speed up and/or simplify your current workflow?
  6. Is it possible to customize your current software to meet your needs / wants? Is there an integration that can improve your current system without undergoing a completely new software adoption?
  7. Does your team have any recommendations? If so, what are they? Why?
  8. Does your professional network have any recommendations? If so, what are they? Why?
  9. Is there a Business Management Consultant who can help determine the answers to each of these questions and do the research behind the pros and cons of each software option? Or are you going to complete every step yourself / in-house?
  10. What software training will be needed to ensure full implementation? Which teams / departments need to be involved in the training? How long is reasonable to train / implement the software?

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Strength in Diversity - 2019 Report

Strength in Diversity

Only 7 states out-pace the rest of the country in economic diversity, with Utah and Missouri leading the way (Hachman Index of Economic Diversity, 2017):

  • Utah (96.9)
  • Missouri (96.8)
  • Arizona (95.7)
  • Illinois (95.6)
  • Pennsylvania (95.5)
  • Georgia (95.2)
  • New Hampshire (95)

In short, the more diverse the economy (the higher the index score), the more stable and strong the economy is. Note: a value of 100 would mean the state’s economic activity is distributed exactly like the national average. How economically diverse is your state?

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Charter School Growth

Charter School Growth

Charter school enrollment continues to climb. Yet, there are still a lot of questions and misunderstandings surrounding the differences between charters, private, and traditional schools.

The differences between charter schools, private schools, and traditional public schools are really quite simple. Charter Schools are public schools granted a “charter” by a state or university to specialize in a particular area of focus (i.e., academics / college prep., athletics / dance, military prep., musical / theater arts, etc.). Charter Schools still have to follow all state laws and rules pertaining to traditional public schools and are funded by the state and federal government (charter schools are free). Private schools do not have to follow any state or federal laws and rules.

Thinking about placing a student in a charter school or private school? Biznis Resource can help!

A few additional distinctions between charter schools and traditional public schools are:

  • Charter Schools typically limit class size to 25 or fewer students.
  • Charter School Principals or Directors usually function as the “superintendent” by interacting directly with the school’s Board of Directors.
  • Charter School Boards operate similarly to traditional school boards, only they typically focus on 1 school.
  • Charter School Boards and administrators are accountable to State School Boards and State Superintendents.

What has been your experience? Do you have questions or concerns? Need help finding a good charter school or private school to suit your family and student(s)?

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Opportunities in the West

Opportunities in the West

The highlighted areas mark “economically-distressed” areas designated by Governors in the western states for preferential tax treatment (Tax Cuts and Jobs Act of 2017).

  • 10% exclusion of deferred gains for investments held longer than 5 years
  • 15% exclusion of deferred gains for investments held longer than 7 years
  • 100% exclusion of deferred gains for investments held longer than 10 years Ready to start a business or invest in the West?

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Top 5 States for Private Business Growth

The top 5 businesses for private business growth in 2018 (exceeding $2M in annual revenue) were:

  1. Virginia
  2. Utah
  3. Georgia
  4. Arizona
  5. Massachusetts

More specifically, the businesses highlighted in the chart have logged at least 3 years of 20% or more annual revenue growth! How is your private business doing? How does your state compare?

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Longest Expansion on Record

Longest Economic Expansion on Record

The U.S. economy has been expanding by an average of 1.5% / year since July, 2009 (113 months)!

This news can be both good and bad. It demonstrates how strong the economy has been, but it could also indicate the economy may begin to slow down. What do you think?

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2019 Is Starting off on Solid Ground

The economy has started the new year on solid ground, with low unemployment, tame inflation, and strong corporate earnings!

Despite uncertainty in the stock market, Washington, and abroad, indicators suggest there’s reason for cautious optimism as we begin 2019.

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2019 Business

Happy New Year!

Yes, 2019 can be your most successful year! But it won’t happen by itself. You’ve probably heard that: “The definition of insanity is doing the same thing over and over again, but expecting different results” (Albert Einstein). Do you believe it? If you want better results, look no further. Biznis Resource will help you re-source your products and services to make sure you’re getting the best for less!

Whether you’re a business, non-profit / organization, or school, it’s time to turn things up a notch with the help of Biznis Resource!

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Essential Biznis Services

What is ailing your business, non-profit / organization, or school? Choose from these essential services to ensure you’re always getting more and paying less!

  • Accounting
  • Analytics
  • Broker
  • Capital
  • Consulting
  • Equipment
  • I.D. Theft Protection
  • Insurance
  • Law
  • Marketing – Digital
  • Marketing – Traditional
  • Merchant Services
  • Recruiting / Staffing
  • Software
  • Translations – Spanish / English

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Biznis Resource launches in Utah!

Look out 2019… Biznis Resource launches in Utah! Ensure quick wins and long-term improvements with the help of Biznis Resource.

Any business, non-profit / organization, or school seeking to save money and obtain the best products and services to improve outputs, look no further!

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Introducing Biznis Resource!

“Re-source” your products and services with Biznis Resource to ensure the most efficient and effective tools and systems for your business, non-profit / organization, or school.

Biznis Resource will provide the most affordable, actionable, and confidential top-to-bottom diagnosis of your “baby” to help you achieve both quick wins and long-term improvements.

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