Many business owners understand that if they divorce their spouses, they may have some liability to pay spousal support. But did you know that you also may have to buy your spouse out of your business?
A recent article in the May 12 issue of U.S. News & World Report addressed the mistakes people make when the market is very volatile and discouraging like we are experiencing these days. Even people with
Dear Job Seeker: We have posted this letter on the company's Web site and it is also available to individuals who come to our office and ask our receptionist if we are accepting applications.
The advantage to my readers of my column is that you get the benefits from either what I'm currently doing or the research brought about by a reader's query. Today's column is a result of the latter. When one of my readers asked for information about selling a business, I realized that this wasn't something I was familiar with so it entailed doing some research. What follows is a part of that research that might ...
An index that measures the percentage of households at risk of being financially ill-equipped for retirement was launched in Washington D.C. in June, 2006. It was touted as the most comprehensive measure of its kind by many in the financial world.
In good times and more challenging times, leaders have to stand for something. Here are the four commitments a leader needs to make for themselves and the people they are responsible for:
Now that you have followed all the directions for doing your "due diligence" making sure your Internet banking company is legitimate, let's look at the advantages:
Two new laws dealing with the use of wireless telephones while driving go into effect July 1. The first law prohibits all drivers from using a hand-held wireless telephone while operating a motor vehicle. However, motorists 18 and older may use a hands-free device. The second law prohibits drivers under the age of 18 from using a wireless telephone or a hands-free device while operating a motor vehicle. Both laws allow a driver to use ...
When an IRA owner dies, a designated beneficiary, who is an individual, can establish an inherited IRA and start taking required minimum distributions (RMDs) over the beneficiary's own life expectancy. By spreading out the death benefit, a beneficiary can reduce current income tax liability by not taking a lump-sum distribution and will enjoy continued tax deferral on the asset s remaining in the inherited IRA.
Are you thinking of buying business equipment this year? If so, you'll be happy to know the Economic
I grew up watching John Madden coach the Oakland Raiders. In an era when most NFL teams had thick binders filled with rules and associated penalties for players, Madden went the other way.
It seems that we've all gotten so busy that "clicks to bricks" (what Internet banking is called) has become the way to go. There are many entrepreneurs who are still a bit skeptical about it, so I decided that I'd give you the scoop.
It is always a good time to keep an eye on costs in an organization. Financial reporting is a great way to look back on what happened; it is more important to look forward to see what can be proactively addressed.
Imagine if your kids go to the bank to get their inheritance after you die, and the bank won't give them the money unless they go to court for months and spend thousands of dollars in probate fees. Imagine if you give all your money to your spouse after you die, but then the government steps in and takes a huge chunk of your assets that were intended for your heirs.
More and more present and future retirees are finding that the traditional idea of retirement is passé. What's more, there's plenty of evidence that keeping your hand in the game, or even finding a new calling, will yield a longer, healthier and happier latter stage of your life. And given rising health care costs, that adult child who suddenly has returned home or the aging parent who needs care, working a little longer may well be as much a need as a want.
It's the start of the final quarter of the calendar year. Your company is falling behind the plan you set at the beginning of the year and even though you revised the numbers at midyear, the company is still falling short.
Businesses, like people and products, go through what is called the life cycle. The four stages are birth, growth, maturity and decline.
M ost people are familiar with the term "Cottage Industry". It came from the 16th century phenomena of distributed production where workers produced and sold individual products (or portions of products) from their homes.
The decade ending on Dec. 31, 2009 was considered by many in the media as "The Lost Decade."
This week began the National Football League's season. In a few weeks patterns will emerge and the contenders and pretenders will emerge.