Category: Business

  • Have you considered 401(K) financing?

    Have you considered 401(K) financing?

    Many individuals are unaware about the benefits of 401(k) business financing and what they entail. People will be able to move funds from retirement accounts like 401(k)s into self-directed individual accounts, where they can invest in their own company or real estate without incurring early withdrawal penalties or income taxes.…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • Success by Multiplying Yourself

      Have you started a business, or have you bought yourself a job?  The difference between business and job lies partly in whether or not you can manage to multiply yourself.   Let’s illustrate:  a master woodworker starts his own company because his talent in fine inlaid furniture has attracted…

  • Business Consultants, Counselors, Coaches, Facilitators, and Mentors

      Business Consultants– A consultant is usually an expert or a professional in a specific field and has a wide knowledge of the subject matter. A consultant usually works for a consultancy firm or is self-employed, and engages with multiple and changing clients. Thus, clients have access to deeper levels…

  • Strategic Planning Steps for Optimum Business Management

      The Strategic Planning Steps philosophy/business system is an organizational tool that is used by groups and corporations globally to refine their goals and maximize their resources. Drawing from the concepts of strategic military planning, the Strategic Planning process is one way in which businesses strive to attain a competitive…