Month: April 2017

  • 6 Ways Google Ventures is Attempting to Disrupt the VC Industry

      Google has a history of reinventing industries and questioning conventional wisdom – and they’re trying to do it again with their approach to venture capital.   1) Engineering Support This is the most unique and fascinating aspect of Google Ventures. Unlike most venture firms that compete on brand and ‘expertise’, Google Ventures has a…

  • Top Retirement Planning Mistakes

      In recent years the vast majority of Americans have learned a very hard lesson, and that is that if they are going to be able to retire on time and in a manner in which that have envisioned, it will be up to them to ensure that it happens.  No longer can people simply…

  • What is a “Life Estate”?

      A “life estate” is an estate whose duration is limited to the life of an individual (usually the party holding the life estate), and a legal arrangement whereby the “life tenant” during his or her life retains use (the rights to rents and profits), possession of the property and costs of maintaining the property.…

  • HUBZone

    HUBZone Certification The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. These preferences go to small businesses that obtain HUBZone certification in part by employing staff who live in a HUBZone. The company must also maintain a “principal office” in one of…

  • Small Business Tax Audit Prevention

      Currently 2017 tax has come to a close, and the 2017 tax due date will be here sooner than we think. Although small business taxpayers are in fact rising in numbers, the Internal Revenue Service will not be slacking when it comes to those who either do not pay taxes or neglect to correctly…

  • Business Insurance: List of Different Types of Insurance Policies

      Business insurance is a broad description that can be broken down into a list of types of insurance policies.   Property Insurance Property insurance insures against loss or damage to the location of the business and its contents. It can also insure the property of others in your control when the loss occurs. Property…

  • The Concept of Agency

      Agency law holds that an agent is a person who is authorized and agrees to act for another person or entity (the principal) with regard to contractual arrangements with third parties.  Typically, agents are employed to find, negotiate and conclude contracts on behalf of the principal.  The establishment of an agency relationship requires that…

  • Tax Considerations for Small Businesses

      In a perfect world, it would be best to plan everything out and then implement the plan. But people usually jump into business and are well on their way before they know exactly what they’re doing. Before you get too far astray take a minute to consider some basic principles: Plan, Plan, Plan. Take…

  • Intellectual Property

    Intellectual property (IP) is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized.  Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words,…

  • Collections

      A collection agency is a business that pursues payments of debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.   There are many types of collection agencies. First-party agencies are oftentimes subsidiaries of the original company…