Unlock Business Success: Expert Insights, Cost-Saving Strategies, and Exclusive Cybersecurity Offers
National Referral Network
Professional referral community dedicated to helping each other create more value for your clients.
Staying informed and proactive is crucial as we navigate the ever-evolving business landscape. This week, we are bringing you a wealth of knowledge to help you and your clients thrive. From tackling unique retirement planning challenges to recognizing when to upgrade your CPA, our featured articles offer valuable insights.
Our double dose of professional insights interviews will equip you with strategies to maximize savings and plan for a profitable business exit.
Given recent cybersecurity concerns, don’t miss out on a special offer to bolster your data protection. Let's dive in!
Featured Articles:
This week's featured articles tackle crucial topics that can significantly impact your clients' financial well-being. Whether it's addressing the unique retirement planning challenges women face or recognizing when it's time to seek a new accountant for your growing business, these insights are invaluable.
Women face significant challenges in retirement planning, including the gender pay gap, longer life expectancy, lack of financial confidence, and the impacts of important life events.
It takes a lot to run a business in today’s environment. Your CPA should not be the person holding you back. Have you outgrown your CPA?
Not every article will resonate with every client, but sharing these resources can help drive engagement and foster important conversations. Continue to leverage the wealth of knowledge provided to enhance your clients' financial journeys.
Professional Insights:
This week, we're doubling on professional insights with two enlightening interviews offering invaluable advice for business owners and consultants.
Maximize Savings Through Cost Reduction with Kirk Conole at DCI Solutions. Kirk shares valuable insights on how businesses can lower costs and improve profits without layoffs, vendor changes, or quality compromises in this enlightening interview.
Discover the unique tools and techniques DCI Solutions uses to uncover hidden savings and optimize expenses, ensuring companies remain competitive and financially healthy.
Whether you're a business owner or simply curious about cost-saving strategies, this conversation is packed with actionable advice and real-world examples.
How to Maximize Business Value for a Profitable Exit with Dan Mirgon, CEPA at Mirgon Consulting. In this insightful interview, certified exit planning advisor Dan Mirgon shares his expertise on the importance of exit planning for business owners.
Viewers will learn why early planning is crucial, the common misconceptions and pitfalls to avoid, and the key components of a successful exit plan.
Dan will also explain how to assess your business's value, integrate your exit plan with your overall wealth strategy, and prepare for unexpected events.
Whether you're a small business owner or managing a large corporation, this interview will provide valuable strategies to help you maximize your business's value and achieve a smooth, profitable transition when the time comes to exit.
Stay tuned as we delve into these discussions, which will educate and empower you to make strategic decisions for your business's success.
Network Events: Given the recent information about AT&T, securing your data has never been more critical. While this isn't an event in the traditional sense, we’re thrilled to share a valuable opportunity from one of our key partners, Eric Thorup of TekUtah. Eric offers a complimentary dark web scan exclusively for National Referral Network members. This scan can help identify security vulnerabilities and protect your business from cyber threats.
Don’t miss out on this chance to enhance your cybersecurity measures at no additional cost. Schedule your SCAN TODAY .
Thank you for joining us in this week's newsletter. The insights and resources provided will empower you to enhance your clients' financial journeys and safeguard their business interests.
Remember to share these valuable articles and opportunities with your business partners, associates, clients, friends, or family. Although the material may not apply to your personal situation, there is someone you know who could benefit from this information.
Stay informed, stay secure, and let's continue to grow together. Until next time!
领英推荐
Top 5 things to watch in markets in the week ahead
Here’s your look at what's happening in markets for the week ahead.
1. Donald Trump speech at GOP convention
Former President Donald Trump was the target of an attempted assassination during a campaign rally in Butler, Pennsylvania. The assailant fired shots at Trump, hitting him in the right ear before being neutralized by security forces.
The incident occurred as Trump was addressing his supporters. According to Trump's own account shared on his Truth social media platform, he heard the sound of gunfire and felt the bullet as it pierced his skin.
Despite the attack, Trump could speak after the event, urging his audience to "Fight! Fight! Fight!"
Trump will receive his party's official nomination for US election this week at the four-day Republican National Convention in Milwaukee. His speech could be the first public appearance since the attempted assassination.
2. Fed Chair Powell speaks
Fed Chairman Jerome Powell will be interviewed by David Rubenstein at the Economic Club of Washington, D.C. After the interview, a session with questions will follow.
In his recent testimony on Capitol Hill, Powell highlighted the central bank's ongoing efforts to tackle inflation and its commitment to a dual mandate.
Powell also expressed cautious optimism about inflation trends, noting some confidence in inflation moving down towards the 2% goal.
However, he clarified that it was premature to assert that the trend towards the 2% target would be sustainable.
3. Earnings season continues
The Q2 earnings season has started last week, and it will continue as soon as Monday when Goldman Sachs and BlackRock (NYSE:BLK) are scheduled to report on their financial performance.
Later in the week, Bank of America, Morgan Stanley, ASML (AS:ASML), and Netflix (NASDAQ:NFLX) are also due to report their results.
Wall Street is expecting a very strong earnings season, much of which is already baked into current stock valuations.
4. ECB interest rate decision
The European Central Bank (ECB) is widely expected to maintain its current rates after they eased in June.
"We expect the ECB to be on hold at the July meeting. The press conference should focus on the future rate path and the developments in France," Morgan Stanley said in a note.
5. Jobless claims, Retail sales, Fed's Beige Book
Many pieces of economic data are expected to be released this week.
Among other things, the Federal Reserve will publish its Beige Book report, which is a collection of anecdotal information on current economic conditions from each of the twelve Federal Reserve Districts.
The report for the June FOMC meeting period highlighted that economic activity has continued to expand during the spring season. However, the expansion has been uneven across different sectors and districts.
The Beige Book detailed that businesses have observed a weakness in discretionary spending, attributing this to an increased price sensitivity among consumers.
Jobless claims and retail sales data are also due in the week ahead.