Monthly Archives: September 2010
Patent Reform Coming in 2011
If your small business is built around an invention or new product, you are likely familiar with the United States patent system and its inefficiency when processing new requests. David Kappos, the patent agency’s director says this:
Will Obama’s Tax Plan Hurt Small Business?
It’s election season again which means that the airwaves are full of theories, accusations, alarm-sounding, and all over the backdrop of some exaggeration and spinning of the facts.
National Preparedness Month: Expect the unexpected
September is National Preparedness Month in the United States. Inspired by Hurricane Katrina which struck the golf coast in 2005, the Federal government is encouraging small businesses to prepare for the worst.
Don’t Plan for the Best
Have you noticed that when you’re laying out your day or week, you always plan for 100% efficiency? If you have 5, 8 hour days, you plan to work all 40 of those hours and your efficiency is slated to be 100%. Sounds like a plan that will grow your business by leaps and bounds, [...]
Potential Angel Investors in Obvious Places
The right angel investor should become an impressive advocate for your company. Don’t simply hope to bump shoulders with someone who might be remotely interested in making an investment in your company. Identify individuals you trust to help fulfill your vision.
Appealing to Local Investment Sources
When a young company looks for investment capital, the sources closest to home present the most ideal opportunities. Potential investors include friends, neighbors, relatives of your employees, and the people that those people know. All of them are flattered by an offering to participate in something special.
How Tax Laws Limit Risk to Investors in Small Companies
Investors in qualifying businesses are entitled to special tax benefits. The tax incentives present an advantage for individual investors to provide companies with new long-term capital investment.
The Typical Dilemma: What’s Your Time Worth?
Maybe you aren’t doing this but many of your peers are. They are forgetting to calculate the value of their time in to their company’s profit/loss reports and as a result your peers are not noticing a huge hole in the bucket of efficiency: They are spending too much time doing tasks that should be [...]
Compensation Strategies for S Corporation Shareholders
Business owners have discovered that selecting S corporation tax status results in business profit not incurring self-employment taxes—the employer and employee shares of Social Security and Medicare.
