April 11th, 2018
by Achim Neumann, President
Where did you grow up?  I grew up in Bloomsburg, Pennsylvania. Where did you study for college?  I earned my undergraduate degree from Penn State (B.S. in Quantitative Business Analysis) and my MBA with concentrations in Finance and Entrepreneurship from the Tepper School of Business at Carnegie Mellon University. What was the first job you had out of college? What was the most important l... [read more]
April 2nd, 2018
by Achim Neumann, President
Business today is fast-moving and complicated, requiring an in-depth understanding of the conditions that drives success. Gone are the days of being able to rest on your laurels, and staying on a straight line course to continuous success. Running a successful business today requires a high level of proficiency in a few interconnected skills. It is not enough to only master one of these skills,... [read more]
March 27th, 2018
by Achim Neumann, President
There is no way to overstate the importance of good communication as being a necessary skill in becoming a successful leader. In fact, clear communication is so important, there is virtually no chance for an individual to lead his team to success. To be clear, there is no doubt that there are other factors that are necessary. A leader must identify with his team members and get them to feel tha... [read more]
March 6th, 2018
by Achim Neumann, President
Every young entrepreneur needs to follow a guideline that will assist in helping them to become successful. Many of the elements in any plan of action can seem counterintuitive, but they have proven over time to be very effective. With this in mind, here is a list of the most important elements of this guideline. Focus Your Activities on Innovation Many think that companies like Google, Facebo... [read more]
September 1st, 2017
by Achim Neumann, President
With optimism in the American economy high, many are looking to cash in on the businesses they built during the lean years of the Great Recession. While streamlining business processes, conducting renovations, and keeping key talent on board are all great ways to increase a company's value, few consider the power of building recurring income streams. In this article, we'll profile several ... [read more]
August 17th, 2017
by Achim Neumann, President
Joe, where did you grow up?  I was born in Harrisburg Pennsylvania and grew up in Steelton PA which is in South Central Pennsylvania. Where did you study for college?  I received my BS at Clarion University in Clarion, PA and my MBA from Shippensburg University in Shippensburg, PA. What was the first job you had out of college? What was the most important lesson you learned there that ... [read more]
July 18th, 2017
by Achim Neumann, President
Entrepreneurship is not an easy nut to crack. In fact, failure occurs so frequently in business, it is often celebrated for the lessons it teaches us. That being said, it is best to learn from the mistakes of others rather than suffering the pain of making them. In this article, we'll discuss the most common reasons small businesses experience failure. 1) No market for their product/serv... [read more]
May 22nd, 2017
by Achim Neumann, President
Sam, where did you grow up? I was born in Seoul, Korea.  I came to the US at age three.  I grew up inside the Washington DC beltway in McLean, Virginia. Where did you study for college?   I have been fortunate to have studied at numerous great colleges.  The simple answer is that I got my BSBA in International Business from Boston University. What was the first job you had out... [read more]
May 18th, 2017
by Achim Neumann, President
  Hey Dave, where did you grow up?   I grew up in the eastern panhandle of West Virginia near Cumberland, MD.  We moved to Pittsburgh, PA when I was in high school. Where did you study for college?   I hold a Bachelor of Science in Electrical Engineering from the University of Pittsburgh and completed the Executive MBA program at the Northwestern University Kellogg Graduate... [read more]
April 15th, 2017
by Achim Neumann, President
  At some point, every business owner will end up relinquishing the reins of the company they built. How this occurs is up to them: they can either plan how this process will play out, or they can let blind circumstance sort out the details. Actively planning an exit strategy can help entrepreneurs leave their company with the financial freedom they'll need to stride confidently into t... [read more]
March 24th, 2017
by Achim Neumann, President
The first purchase of a company is a transaction that can be fraught with risk. A rookie entrepreneur's lack of experience can blind them to parts of the process that can cause serious problems months or years down the road. They devote the majority of their attention to revenue and profit figures, and in doing so, they often neglect to examine parts of a prospective business that pros seldom e... [read more]
March 10th, 2017
by Achim Neumann, President
With most parts of the state being within easy driving distance of Washington D.C. and Philadelphia, Maryland is uniquely positioned for entrepreneurs looking to purchase and run a successful business. Due to its proximity to D.C., the economy of Maryland is stable and prosperous, as it is driven by federal spending on institutions that are vital to the nation as a whole. In addition to ... [read more]
January 25th, 2017
by Achim Neumann, President
When most entrepreneurs start businesses, they don't do it with the intention of scraping by from month-to-month, they want to thrive. This is done by becoming a dominant player in a specific space. The strategies used to make this happen hold true locally as well as globally. However, there are some adjustments that entrepreneurs will need to make to accomplish this within their communities... [read more]
January 16th, 2017
by Achim Neumann, President
Located in the American Southeast, North Carolina has in recent years developed a reputation for being a great place to start a business. With a number of business-friendly regulations and policies in place, it is easy to see why many entrepreneurs are enthused about living and working in this southern state. Their excitement isn't limited to business fundamentals, as North Carolina's outst... [read more]
December 24th, 2016
by Achim Neumann, President
As the most prominent of the Mid-Atlantic states, New York is an intriguing place to buy a business. This state boasts a stable economy, significant international investment due to the economic gravitas of New York City, and plenty of disposable income that comes with the high quality employment opportunities found here. New York State is home to numerous economic powerhouses that help drive t... [read more]