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Business Insights

Dec 13, 2022

Kristi Alford-Haarberg — CEO of the Year 2022 Finalist

Colorado is full of devoted entrepreneurs, business leaders and tech-savvy visionaries who are constantly taking the business world to new heights. It’s no secret that here, at ColoradoBiz, we love the Colorado business community. That’s why, every year, we spotlight the most impressive CEOs throughout our Centennial[...]

Dec 12, 2022

2023 Will Be the Year of the Earndown: What Every Colorado Small Business Owner Needs to Know 

Even with whispers of a possible recession on the rise, there continues to be high demand in the Denver metro and Front Range areas from buyers looking to buy all kinds of small businesses, at any price point. However, as we look ahead to 2023, small business owners in Colorado hoping to sell their business […]

Dec 12, 2022

5 Tips for Overcoming Customer Service Obstacles as a Small Business

If people love small businesses for one thing, it’s their customer service. Small companies tend to take customer issues to heart and do everything they can to resolve them. That said, small businesses face quite a few challenges to overcoming customer service obstacles, whether due to a lack of financial resources, employees,[...]

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Dec 7, 2022

Fine-tuning the Cash Conversion Cycle to Optimize Working Capital

Chief Financial Officers (CFOs) today face an economic landscape like no other. Since March 2022, the Federal Reserve has implemented four interest rate increases totaling 225 basis points. Those rate hikes, combined with a sustained labor shortage, supply chain challenges and high inflation have substantially increased the cost[...]

Dec 7, 2022

Prepare for an Interview — 5 Easy Ways to Impress your Future Boss

It’s a question that haunts us all: how should I prepare for an interview? Most recruiters believe the most important thing a candidate can do is get comfortable talking about themselves. What’s your background? What strengths and weaknesses? What makes you unique? The more comfortable you speak about yourself and yo[...]

Dec 6, 2022

Introducing ColoradoBiz’s 2022 CEO of the Year – John Street

A cousin of John Street once expressed surprise that such a creative soul would be drawn to a career in business. Street, an accomplished clarinet and piano player who studied business and accounting at Notre Dame, reasoned that he’s “ambidextrous” in terms of interests and aptitudes, and that, besides, business lends itse[...]

Dec 5, 2022

Why It’s Important to Invest in Yourself — and 4 Ways to Do So

As a business owner, you must be willing to invest in yourself. But beyond willingness, you need to take the time and be intentional about doing so. As an entrepreneur or leader, you likely wear many hats and have a never-ending to-do list. However, it’s essential that you don’t neglect your own personal and professional [&h[...]

Dec 1, 2022

Act Now to Stay Ahead of Changes to the Tax Treatment of R&E Expenditures

Since the passage of the Tax Cuts and Jobs Act (TCJA) in late 2017, companies have been working to interpret and implement changes prompted by the new law. Most companies are aware of the legislative change that requires taxpayers to capitalize Section 174 research or experimental (R&E) expenditures for tax years beginning a[...]

Dec 1, 2022

Top Insights in the Colorado Job Market — A Look Back at 2022

2022 has been a spectacular year for the Colorado job market (at least from the viewpoint of the job seeker), with a reported nearly twice as many job openings as there as job seekers, giving people across the country yet another reason to move to the great state, home of the Rockies. If you’ve been […]

Dec 1, 2022

Colorado Business Owner Shares the Importance of Shopping Locally This Holiday Season

The holiday season goes hand-in-hand with exchanging gifts with loved ones. It’s also an essential time of year for keeping small businesses, like mine, afloat. It’s not only meaningful, but it’s advantageous to support, spotlight, and cherish all small businesses here in Colorado and everywhere because they have great ser[...]

Dec 1, 2022

How to Prepare Your Finances for the Holiday Season

The year’s closing months are an ideal time to be proactive about your finances and set yourself up well for the holiday season and the new year ahead. For many, financial concerns often rise with expectations to spend on gifts and entertaining family and friends this time of year, and this pressure may feel amplified [&he[...]

Nov 29, 2022

On The First Day Of Christmas, My True Love Gave to Me: A 10.5% Price Hike (PNC CPI)

For the 39th year, PNC calculated the cost of Christmas. With the year-over-year increase in 2022 being the third highest on record, inflation for services far outstripped goods in this year’s PNC Christmas Price Index® (PNC CPI) — a light-hearted take on the Bureau of Labor Statistics’ (BLS) Consumer Price Index — whic[...]