The big announcement from my 2022 Budget Address is a proposal to cut the Northampton County Real Estate Property tax by 1 mill

Business owners are facing a number of new challenges. Labor shortages, health mandates, government regulations and increasing taxation. But I propose the largest challenge facing business owners right now is their eventual exit from the business.

The combination of multiple disruptions and a global recession has created an even more competitive environment than ever before. The stakes for successful innovation have risen as high as life and death for many companies.

Pandemic. Yes, it really happened. And, yes it has been a major interruption to life as we knew it. It also gave us a moment to pause, redefine priorities and find new ways to connect with the people with whom we share our lives.

Today’s businesses and organizations are not homogenous. The workforce is multi-generational with Veterans, Baby Boomers, Next-Gen, Millennials and Gen-Z workers. There are workers that do manual labor, handle a large variety and volume of paperwork, manage others, provide highly specialized services, work in the field rather than the office and perform a diversity of duties.

"I'm fully vaccinated. Can I come and see you in person?" After more than a year of working remotely and seeing clients over Zoom, these requests are starting to come in.

The Biden Administration recently released detailed tax proposals through the so-called Green Book. If approved, there would be big changes for high-income earners, on capital gains and for some business taxes.

Now that COVID-19 vaccines are in wide circulation, people keep asking me when we’re going to return to normal. Unfortunately, “normal” may take a while to arrive. As stated by Newton’s third law of motion, “for every action, there is an equal and opposite reaction.”

Over this past year, during the COVID crisis, many bank lobbies have been shuttered, making neighborhood banking seem like a thing of the past. But for small business owners, this crisis has brought home just how important it can be to have a strong partnership with a local bank.

It’s likely that the sale of your business will be the most important financial event of your life.