On October 21st, 2010 well-known venture capitalist John Doerr announced a $250 million sFund aimed at providing financial support for tech startups focused on social networking.
John Doerr Announces A New Fund for Tech Startups
Preparing Better Business Plans
Although most new companies do not write a business plan, it is a valuable step for an operation of any size and type. Business plans serve a variety of purposes. Composing a business plan permits you to discover overlooked details in the early stages of developing a business concept.
What You Need to Know About Retirement Programs for Your Corporation
A variety of basic retirement plans are available to corporations. These plans create tax advantages as well as attract and reward valuable employees. A corporation receives a tax deduction for contributions to employee retirement accounts.
Better Billing and Collections Will Help your Business to Stay Healthy
Any business that doesn’t immediately collect all the money at the time of a sale has entered the realm of extending credit. This entails a risk that the sale amount may never get to the bank account.
How Employee Stock Ownership Plans Work?
Having a corporation as your business structure provides some beneficial options for tax planning as well as having a successor after you retire. One method that addresses both circumstances is forming an Employee Stock Ownership Plan (ESOP).
Accurate Payroll Procedures
Not all the taxes that you remit for payroll are actually the payroll tax expense for your business. Some of the payroll taxes you remit are withheld from employee pay.
Accounting Beyond an Income Statement
Businesses often simplify accounting by presenting only a statement of revenue and expenses—the income statement. However, corporations should maintain complete financial records that include more than just revenue and expenses.
Essential Steps When Incorporating an Existing Business
Following a few key steps when incorporating an existing business avoids problems later that are difficult and expensive to correct. Let’s explore some of the most important procedures through this article.