Running A Business

Full Disclosure – How the Economy Has Impacted My Own Business

I’ve created this video as an attempt at disclosure. First of all I’d like to show myself to dispel any illusion that I’m a typical business person. or that entrepreneurs fit into any particular mold or look. Second, I want to admit how the economy is impacting my business. I want to confess that I’m […]

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Ways to Determine the Value of a Business

Determining the value of a business you are considering purchasing is a tricky subject. Most owners think their businesses are worth far more than they are. And in the end the true value of anything is determined by what a willing seller is willing to sell it for and a willing buyer is willing to […]

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Should You Buy or Lease a Vehicle?

Buying or leasing a vehicle for your business simply comes down to dollars and cents. Having your accountant run the numbers both ways before a tax year beings will help you determine the wisest course to take. Many times leasing a vehicle allows a company to take a large deduction, and that can be beneficial […]

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What Type of Licenses Are Needed for My Business

The type of license needed for your business will depend on several factors. They include the jurisdiction that our business is located in, and the type of business. For instance, if your business is located in a city, it probably needs a license from the city itself, from the country, and in some states from […]

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What Kind of Insurance Do I Need To Run My Business?

Types of insurance needed for a business will, of course, vary from type of business to type of business. If a business is larger than a one man sole proprietorship and actually has employees, then unemployment insurance is required, with premiums paid to the state government or a designated energy. Also, with employees Workman’s Compensation […]

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Getting a Web Site for Your Business

Creating a web site for your new business may be the most fun part of the entire process. It is something you can do yourself even if your expertise is limited. First you need to decide what you want your web site to accomplish. Is it to be a selling site with a full shopping […]

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Inexpensive Ways To Promote Your Business

Inexpensive ways to promote your new business are abundant. Here are a few examples: 1.Print fliers and distribute them on car windshields in the parking lot, post them on public bulletin boards, and put them anywhere else you can find. 2.Write and distribute press releases to local media. Include the daily newspaper, the weekly business […]

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What Type of Bookkeeping Is Necessary to Maintain A Business?

What type of bookkeeping is necessary to maintain a business, like many other questions, depends on the type of business. A large corporation will probably need a team of CPA’s on staff, and even a lawyer who specializes in tax matters. A small business though, an LLC, S Corp, partnership or sole proprietorship has simpler […]

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What To Do About Health Insurance

Health insurance is a much talked about aspect of small business today. Employees want it, and need it. Small business owners need it as well, and the prices are high. The first thing to keep in mind with health insurance is that all policies are not the same, and neither are all health insurance companies. […]

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What Is The Most Effective Way To Conduct Market Research?

Methods of conducting market research are varied. What is the best way, frankly, is usually determined by the budget a business has to work with. Direct mail research for instance is considered to be highly effective, but it is a very expensive method. The same is true with telephone surveys. Several telephone operators are required, […]

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