When Wilbur and Orville Wright finished the first successful manned flight on Dec. 17, 1903, they amazed and astonished the world. They also demonstrated the power of their problem-solving method.
Taking risks is difficult, whether for an individual or a company, because it involves uncertainty.
It's the most wonderful time of the year! Chestnuts roasting, cooler weather, holiday decorations, long lines in retail stores and ... a bevy of new laws passed by the legislature for California employers.
In the initial stages of a divorce many people find it difficult to face the reality of the circumstances before them and will often ignore and try to avoid the process altogether, but doing so can have serious detrimental effects.
The month of December is winding down, but you still have time to make some tax-advantaged moves for your business before the year is up. These are a few ideas to put on your list. Capital contributions
* The economy might not be working for me, and it might not be working against me, so to play it safe, in 2009, I am going to be satisfied with flat revenue. We will worry about growing the top line in 2010.
Organizations are built on people. The only true long-term competitive advantage any organization has is the people employed and working inside of it.
Now that the media has announced we are "officially" in a recession, do you think anyone you know wasn't aware of it?
Myths surrounding annuities and misconceptions about them have gained a foothold with both the general public and the media. These misconceptions stem largely from a lack of information.
The average legal client in the Santa Clarita Valley is an individual or small company. Their legal needs and economic situations differ greatly from those of the corporation, insurance company, financial, governmental or other more powerful institutions that commonly are opposing the individual consumer.
Punitive damages are damages imposed to punish certain defendants for malicious conduct, fraud or other despicable conduct. In California, punitive damages have nothing to do with compensating the victim of such conduct. Instead, they are imposed, in addition to compensatory damages, to punish the defendant for egregious or despicable wrongdoing.
If you haven't owned a primary residence for three years or more, you need to read this. I just got back from my annual income tax update tax course that runs two-and-a-half days. Among the myriad information presented, I discovered one piece of new tax law that might be beneficial for first-time home buyers in particular. In an effort to get home sales off the ground again, the Federal Government has created up to a ...
Avoiding probate is one of the major reasons (and often the only reason) that my clients give for wanting to establish an estate plan. Most of them have heard that a Living Trust can avoid the cost and delays associated with probate and allow assets to transfer to the beneficiaries without court intervention. In most cases, if the trust is properly drafted and funded (many trusts that I review are not), this is correct.
An informal survey of business owners conducted last week provided some interesting lessons learned that might be applicable to most anyone who owns or runs a business.
The current financial crisis has owners, managers and employees worried about their companies, their jobs and their futures.
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.