Archive for Business Maintenance
Is your company prepared for a disaster? In an interview with Philip Jan Rothstein, Founder and President of Rothstein Associates Inc. and Rothstein Publishing, we learn more about the field of Business Continuity Management and the critical need for every business, regardless of size, to be prepared for and recover from a potential disaster.
Did The Cow Do It?
Think about the Great Chicago Fire of 1871, or more recently the catastrophic events of 9/11, or even the cascading fallout from dozens of corporate blunders and scandals caused by bribery, greed, collusion, lack of ethics, violence, and even stupidity. Now, put it in the context of your own business.
If disaster strikes, can your business weather the unexpected? Are you prepared for “business as usual” in the event of a crisis?
Politicians and central bankers of every country are responsible for maintaining the stability and integrity of their country’s currency. Unfortunately the people in charge of maintaining currency do not always act in the best interests of the people that they are meant to represent. Historically politicians and central bankers are often short-sighted. Politicians may be unwilling to make spending cuts that could offend their constituent base. Central Bankers frequently put more money into circulation to solve short-term issues associated with deflation instead of letting markets operate freely. This behavior may create instability in fiat money (government issued currency.) Bitcoin might be the 21th century solution to that problem. Read More→
Even the smallest business needs computers to survive. The question is what does your company need to survive and prosper. At a minimum, if you are more than a one person office, you need a server so your individual computers can be linked together. There are several ways to accomplish this. Read More→
Holding a residency permit in Austria triggers your tax liability there on any income generated, as is the case with every country within the EU. Depending on what terms you are residing in Austria, you may be eligible to take advantage of certain tax incentives and benefits. Read More→
Organizing your immigration to the US can seem exciting and intimidating in equal measures, and there are many crucial components to consider, from taxes, assets and financial implications, to finding a new home for you and your family, and a business to run.
We have identified a few key priorities for you to consider, which we hope will help you to set the ball rolling:
Kim Rodriguez and Angee Costa love paperwork – and it’s a good thing too. It’s what their business is all about.
These two single momtreprenuers are the founders of Girl Friday, LLC. Their company provides a full-range of administrative, secretarial and bookkeeping services to small business owners in Delaware and Pennsylvania.
How would your company survive if you had to leave it in someone else’s hands? Does anyone else critically understand the complexity of the company’s past and present, not to mention your aspirations for its future? The hardest part, for some entrepreneurs, about starting a company, is setting up a system so that the company can maximize the knowledge of the founders and continue to learn from its own mistakes over the years.
Contrary to popular belief, protecting your business does not always require expensive services by a lawyer . Especially in the initial stages of your business start-up, it is important to allocate your cash carefully, and not waste it on unnecessary fees. Luckily, through your own action, research and the use of a corporation service company, you can save your funds for other, more pressing development costs.
Doing Your Own Research
For example, you can safely choose the right legal structure for your business without the use of a lawyer, ie. Corporation, Limited Liability Company, or Partnership. You can reference the Legal Entity blog for more information on choosing the right structure for your specific needs.
When you start your own business, it is important to consider the legal requirements involved, especially now that lawsuits are rapidly being filed left and right. What should you do to protect yourself? One thing that you must consider is which registered agent options are available to you.
Credit Card Processing Fees
It is important to consider the many different rates and common fees involved in credit card processing. If a processor offers you one flat rate you should look deeper into the actual contract to make sure that you fully understand what the processor is charging. Make sure that you have clear communication with your merchant account processor about fees and ongoing costs, such as those listed below.