May 2017

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If you are looking for ways to dramatically increase the profitability of your service business without having to spend a mountain of money along the way, you’re going to fall in love with all of the tips and tricks we are able to share with you below. Leverage as much of this inside information as possible and begin implementing it into your business ASAP and you’ll be able to watch your profits and your bank account climb almost overnight. Turn your office into a paperless office Going paperless has a lot of big benefits for the environment, but it’s also going to dramatically reduce theRead More →

When you know how to secure a mobile device, you typically rely on digital means such as virus protection apps or network security. This makes perfect sense given that hackers often attack from the Internet. However, software does nothing to physically protect your smartphone and tablet, which can still be picked up and carried away by criminals if you’re not careful. The following are a few tips for providing physical security for your mobile devices. Limit Access Allow access to company databases and websites only through devices distributed and maintained by the company. While this may prove inconvenient for employees who now have to manage personal andRead More →

One of the toughest parts about starting a new business is finding working capital. While you may have access to funds in a savings or retirement account, it may not be enough to pay employees, buy equipment and pay for supplies needed to fill order. Therefore, it is important to know where else you can turn to find the necessary working capital to sustain your company. Crowdfunding May Be a Viable Option Crowdfunding is a tactic that involves asking dozens or hundreds of people for small donations. In many cases, business owners use crowdfunding as a means of getting paid for an order before itRead More →

There are times when a business or an individual will need to call in an expert witness. While there are many types of expert witnesses, one of the most important to have on one’s side is a financial expert witness. Here are some of the best reasons to make sure one is on your side. No matter whether you are the defendant or if you are the plaintiff, there will be many complex banking regulations which must be waded through. There are many loopholes which only a true expert in the field may be able to properly explain to both judge and jury. The expert witnessRead More →

One of the best ways to keep your organization going and growing is by implementing proven marketing strategies. Marketing is immensely important because it is one of the primary mediums used to make more people cognizant of your brand. Below you’ll find just three of many marketing strategies you can use to keep your business on the road to perpetual expansion: 1. Obtain Business Cards. Passing out business cards during formal and informal networking events is a wonderful marketing strategy that enacts the process of brand recognition. In addition to making the prospective client think about your brand name and logo, the business card willRead More →

It is true that having an S corp has got many pros and cons at the same time. An S corporation is a small corporation which is taxed under Subchapter S of the Internal Revenue Code, which provides an electing corporation some, if not all of the tax advantages that are given to a partnership business. Here, an LLC will also be allowed to make an election, thereby allowing it to seek help of payroll tax savings which are discussed below. But before you start looking into the benefits and disadvantages of S corp, you need to know about a brief history on the SubchapterRead More →

Sometimes, coming up with an idea for a product is the easy bit. Perhaps it’s something that’s been in your head for years, or perhaps you’ve been struck by divine inspiration and had a ‘Eureka!’ moment. However, actually getting that product to market can be tricky, and there’s no right or wrong way to go about it, as each product is inherently different. Firstly, it’s a good idea to research how others with similar products have taken their products to market and see what you can learn from them, what went well and what didn’t. You should also spend some time getting your head aroundRead More →