Archive for April, 2010

Small business owners share financing tips for startups

Friday, April 23rd, 2010

As business owners get into the swing of 2010 finances, it may be worthwhile to consider the Discover Small Business Watch‘s top financing tips for the new decade. The tips are based on survey results from more than 750 small business owners who shared insight on how their companies were faring in a slowly recovering [...]

Top tips for expanding a business

Friday, April 23rd, 2010

As the economy is slowly recovering, it may be time for small business owners to start thinking about how to expand their enterprises. Suite101.com offers some tips for growth that might benefit all companies this decade. First, entrepreneurs should remember that current customers could become brand advocates and help spark business growth. Existing clients can [...]

Worldwide perspective profits startup companies

Friday, April 23rd, 2010

Entrepreneurs contemplating forming a company may be focused on which state is best for business incorporation, but – regardless of where they operate – they should remember that the current economy calls for catering to a global market. The Financial Chronicle suggests all business types -from Fortune 500s to home-based companies – should be ready [...]

Forming a company? Find the right co-founder

Thursday, April 22nd, 2010

The process of forming a company can be easier if you have a business partner to help find financing and make necessary hires. Of course, a poorly chosen business partner can hinder the start up process. Venture Hacks – an online forum for startups – offers some insight on finding the right cofounder for a [...]

Healthcare bill brings new tax benefits to business incorporation

Wednesday, April 21st, 2010

The new healthcare reform bill will bring some healthy tax benefits to small businesses. This week the IRS is mailing out information about the tax credits more than 400 million companies will receive in light of the recent passage of the bill. According to Time, firms with 10 full-time employees that pay an average wage [...]

U.S. Bureau of Labor Statistics shows small businesses are stable

Tuesday, April 20th, 2010

As the economy slowly recovers, the nation looks to small businesses to help reduce the national 9.7 percent unemployment rate. According to the Small Business Administration, SMBs have created 64 percent of net new jobs over the past 15 years. The Wall Street Pit says that a report from the U.S. Bureau of Labor Statistics [...]

Oregon offers benefits to businesses

Monday, April 19th, 2010

For entrepreneurs considering forming a company, it’s important to remember that any one of the 50 states and the District of Columbia are fair game for business incorporation. With this in mind, business owners should consider which cities are the most business-friendly before making decisions about starting a corporation. It may come as a surprise [...]

Business Climate Survey suggests tech startups optimistic about growth

Monday, April 19th, 2010

Entrepreneurs who are interested in technological innovation may find the time is right to start a corporation. The Silicon Valley Leadership Group’s Annual CEO Business Climate survey from SVB Financial Group shows technology companies believe business conditions are showing improvement. The survey found that 304 U.S.-based, early stage technology firms with less than $5 million [...]

Healthcare reform bill expands business tax reporting

Friday, April 16th, 2010

While the national economy is slowly recovering, many businesses are likely seeing boosts in revenue. However, more income means more taxes. In light of this, entrepreneurs should consider how the new healthcare reform changes the way they file business taxes. Under the current federal business tax laws, companies that make payments of more than $600 [...]

New York sees spike in business incorporation applications

Thursday, April 15th, 2010

News that the national economy is on the rise is supported by evidence that more small businesses are forming in the country’s business capital – New York. According to BizJournals.com, more entrepreneurs are applying for incorporation this year than last. The source reports that the state Division of Corporations received a total of 12,999 applications [...]

Why incorporation matters

Wednesday, April 14th, 2010

Entrepreneurs may find that the recovering economy is bringing them new revenue. Potential expansions might mean it’s time to break away from business as usual. Expanding businesses might consider the advantages of incorporation as incomes – and taxes – grow. Entrepreneur.com offers some insight on how forming a company can pay off for business owners. [...]

Maryland passes corporation law for social entrepreneurs

Wednesday, April 14th, 2010

Entrepreneurs weighing the benefits of S corporations, C corporations and other entities can now add another business structure to the mix if they decide to undergo business incorporation in Maryland. State officials have become the first to legally create a new corporate form known as a "benefit corporation," Business Week reports. This formal entity will [...]

Where to incorporate a business for the best benefits

Wednesday, April 14th, 2010

In the process of forming a company, many entrepreneurs make a major mistake because they don’t even realize they have a choice. Business owners can incorporate in any of the 50 states or the District of Columbia. Since each of these 51 locations has unique tax benefits, startup costs and regulations, incorporating in a home [...]

Corporate tax cuts in Arizona may encourage business incorporation

Tuesday, April 13th, 2010

Arizona – generally known for the Grand Canyon and deserts – may soon be known as one of the most business-friendly states in the nation. State officials recently passed legislation that will lower business taxes in an effort to generate new jobs and encourage business expansions and relocation in the state. BusinessWeek.com reports the bill [...]

Structure a business for new benefits in a recovering economy

Monday, April 12th, 2010

As the economy recovers, many business owners are likely finding their enterprises growing, which might present the perfect time for business incorporation. The Houston Chronicle offers some insight on the legal and financial benefits of incorporation. The structure of a company will offer unique tax benefits, investor liability and certain management issues. While sole proprietorships [...]

Tennessee budget plans might encourage business incorporation

Monday, April 12th, 2010

As the national economy recovers, Tennessee is still in a state of downturn. The Daily Times reports that state revenue is about $196 million below projections for the current budget year. This deficit is partly responsible for delaying budget plans, but it may also lead to a measure that could be good for those looking [...]

Strategize to find the right corporate entity for a business

Monday, April 12th, 2010

As the national economy recovers, business owners will likely see more cash coming their way – which also means more taxes. Incorporating a company on the brink of expansion can be an important way to secure a number of benefits for a business. Selecting the right business structure can save cash – and headaches. Just [...]

Corporate tax cuts in Arizona may encourage business incorporation

Monday, April 12th, 2010

Arizona – generally known for the Grand Canyon and deserts – may soon be known as one of the most business-friendly states in the nation.State officials recently passed legislation that will lower business taxes in an effort to generate new jobs and encourage business expansions and relocation in the state.BusinessWeek.com reports the bill will reduce [...]

Corporate tax incentives in North Carolina give entrepreneurs good reason to incorporate

Friday, April 9th, 2010

According to a report from the Small Business Administration, small businesses are expected to lead the nation out of the recession. SMBs are responsible for generating more than 64 percent of net new jobs over the past 15 years. This is a statistic that North Carolina officials seem to be taking to heart. BizJournal.com reports [...]

Healthcare reform might make this a prime moment to start a corporation

Friday, April 9th, 2010

In 2009, more than half of Americans were dissatisfied with their jobs. According to a report from the Conference Board, last year saw the lowest level of job satisfaction among U.S. workers in the 22 years of studying the issue. Blogging Stocks suggests that Americans have been trapped in a condition called "job lock" for [...]