Facts About the New Year 2012

1. While 2011 had 260 M-F business days, 2012 has 261 M-F business days. Therefore, you will have an additional eight M-F business hours to enjoy!

2. If you work for a company as a M-F salaried employee, your per hour rate of earnings may fall in 2012 since there are 261 M-F business days, instead of the 260 in 2011.

3. Since 2012 is a leap year, you will want to pay special attention to services that are set up as continuing payments (also known as subscriptions). Leap years can cause payment processors such as Paypal to alter due dates depending upon whether subscriptions are based on monthly or weekly payments. Be proactive and make sure you have enough money in your bank account(s) to cover automatic payments during February 2012, as some payments that typically would not occur until March 1st may fall back into the month of February because of the leap year day.

4. If you are a business networker that attends weekly networking meetings, February 2012 will be an expensive month for you in terms of the time necessary in order to attend all of your weekly meetings if your networking group holds its meetings on Wednesday. You may want to use one of the five Wednesdays as part of the 6-5-5 program of CNI networking guidelines. If you have questions regarding this, just contact your account coordinator.

5. In 2012, the due date for filing U.S. Personal Income Tax Returns is April 17th. However, you’ll want to note that the Friday before this filing deadline is Friday, April 13th. Not that we believe you are superstitious, but it is this very reason that some buildings do not have a Floor 13 and why some apartment complexes do not have a Unit #13.

6. Since we changed the topic to real estate, we may as well mention that CNI projections (at this point) do not show the residential real estate market making any notable strides in recovering until mid-year 2015. However, if someone is still mentioning the U.S. economic turndown as a main reason of why their business is not doing well, they need to adjust their business activities accordingly – as the U.S. is now into its fourth year of this so this business problem is far from being anything new.

7. 2012 is considered to be a Golden Year for retailers, as two of the last four months of 2012 have five weekends (Saturday and Sunday) in them. These two months are September and December. In golden years, retailers either do extremely well during the winter holiday season, or they realize at the end of this time period that they lost their shirts and should just close their doors. You will want to pay particularly close attention to this with regards to investments you may have relating to the retail sector.

Click here for a list of 10 One-Time Business Activities to do to prepare for 2012!

Click here to send us an email.