If you have wondered how to survive in a down market, you are not alone. Many investors worry about selling out too soon and then having trouble getting back into the market.
Have you had a legal compliance check-up for your corporation or limited liability company lately? Did you use one of those online services to form your own corporation or LLC and wonder if you did everything that was necessary to properly organize your business entity? Are you covering all of the legal bases in the organization and operation of your company? One frequently missed area for small businesses is compliance with securities laws.
Countless books and articles have been written about the tasks of those in management. The majority concern themselves with planning, organizing, controlling, coordinating and leading, which means everything in theory and nothing in practicality to the manager responsible for getting things done.
For start-up entrepreneurs, hitting up family and friends is the most common way to get started but it's often the riskiest. This method, however, accounts for more than 70 percent of all venture dollars for start-ups.
Wall Street just announced this week that we are in a bear market. I think this is old news. Anyone who works for a living, drives a car, has a mortgage or buys groceries came to that conclusion some time ago. For most of the past decade, stocks and mutual funds, the primary investment vehicle for most Americans, have been bogged down.
It has been a busy year for the courts and the legislature when it comes to changes in employment laws, and we have only completed the first six months. With additional landmark cases on the horizon, and a number of pending pieces of legislation, we could see a number of additional changes in the law over the last half of 2008, as well. The following are just a few of the new rules that employers should be aware of.
There is a tremendous amount of space between the official mission statement and what NASA did leading up what took place in 1969. The gap is a competitive advantage that has stood for the last 39 years.
You're at your desk at 8 a.m. every morning, you wouldn't think of pocketing even one paper clip, and you haven't worn flip-flops to work since you were a lifeguard, but there's more to getting that promotion than reading the employee manual and hitting deadlines. There are some mistakes that can put you on the manager's hit list the next time layoffs roll around, so let's see what they are:
Emotions can run high at the death of a family member. If a family member is unhappy with the amount received (or didn't receive) under a will, he or she may contest the will.
A lot has changed since you were a kid. Retirement has changed as well. The way you picture yourself in retirement is probably quite different from your parents' retirement. It is no longer about a few years of rest and relaxation. It is about pursuing your lifelong dreams, or discovering new ones.
As climbing energy and other underlying costs continue to erode the profit margins of many small businesses, owners are again considering whether they should raise prices. If you raise prices, you risk losing clients to competitors. If you don't, rising costs can capsize your company.
Just over four years ago, I wrote a column on leaders and leadership entitled, "14 Traits of Successful Leaders."
You are a civic-minded person. You live here, you work here and perhaps you own a business here. You want to help make Santa Clarita a better place to live.
So, when the opportunity to serve on a city commission, committee or advisory board comes along, you volunteer your talent and your precious time, all with the best of intentions.
With the current economic problems and energy costs Americans are faced with currently and for the immediate future, it is making it harder than ever to make or continue retirement planning contributions.
This is the final part in a two- part series about being audited by the IRS.
Last week, I presented information regarding your chances of being audited. For certain taxpayers, the odds are not getting better for you. So what can one do to reduce their chances of being audited?
While most financial experts agree that saving should be a part of every household budget, many Americans admit that they aren't prepared financially for life's unexpected challenges and emergencies.
Tomorrow is Monday, January 6, and people will be back to work. Hopefully, the company plan for 2014 has been nailed down and assignments to key result areas are known and responsibilities for achievement assigned.
Most individuals have read numerous articles on how to prepare for an interview as a job candidate. However, as an entrepreneur or hiring manager, how much time have you spent improving your skill set to effectively screen applicants and conduct interviews to optimize your potential to select the best candidate? If you're like most entrepreneurs or managers, your answer to that question with be somewhere between little and none.
Tens of thousands of owners who once again have equity in their homes have much to be grateful for as 2014 dawns.
As the year comes to a close, it is appropriate to look back and ask why some businesses have survived and others went by the wayside; and to understand why some businesses have done well.
Most of the business owners I know are either finishing up a solid year and want to continue the good times into 2014, or they had a less than stellar year and want a different ending a year from now. Which is it for you?
If voters get their way the 30-year home loan will be here to stay, yet retention of what has been an invaluable tool in building the nation's middle class while opening home ownership to generations of citizens may now be more a function of politics than economics.
Business owners are busy this time of year but being asked to answer tough questions is an essential part of success. This list will start the process of evaluating how 2013 was for you and your business.
Business owners and leaders often stray too close to a situation to see the entire picture. One of the responsibilities as a Trusted Advisor is to observe what is happening from a vantage point to provide a fresh perspective to clients that may not be otherwise noticed.