President Obama declared
March 4-10, 2012 as National Consumer
Protection Week, building on a coordinated effort that encourages consumers
nationwide to take full advantage of their consumer rights and make
better-informed decisions. The Commerce Department is using this occasion
to showcase the efforts of our Internet
Policy Task Force, which is leveraging the expertise of several Commerce
bureaus that are aimed at ensuring continued innovation in the Internet economy
As a new business owner, understanding your tax obligations is critical and one of the first requirements you’ll need to understand are estimated tax payments.
What are estimated taxes? Who must pay them and how? Below are some facts from the IRS Estimated Tax Guide to help new small business owners understand their estimated tax obligations.
What Are Estimated Taxes?
Guest blog post by Acting Deputy Secretary of Commerce Rebecca BlankAs part of our ongoing efforts to make government more accountable to the American people and cut wasteful spending, this afternoon I had the honor of swearing in nine new administrative patent judges who will help reduce patent backlogs. These nine talented and dynamic individuals will serve on the Board of Patent Appeals and Interferences in the U.S.Read More
Today is the anniversary of Congress passing the Census Act of 1790. President George Washington signed the law, which authorized the collection of population data by U.S. Marshals. Although the act included the specific inquiries marshals asked at each home they visited, they did not receive printed forms on which to record the data. Marshals used their own paper and designed their own forms—a practice followed until the U.S.Read More
Written by Caron Beesley
Whether it’s Main Street or Silicon Valley, your business location can mean the difference between success and failure. But more than that, your business location is the linchpin for your reputation, your brand, and your profits.
Before you write out a check for $30,000 (the average amount of the upfront franchise fee), it’s important to ask lots of questions.
Some are questions that you can only ask yourself; they’re the ones that have to do with courage. I really can’t help you with those.
But, I can help you learn which ones you need to ask the franchisees when you’re calling them to learn more about the opportunity.
Earlier this month, the White House Business Council and SBA held an Urban Economic Forum in New York City to help small businesses create an economy built to last. The Urban Economic Forum is a multi-city series designed to connect urban entrepreneurs and business owners to local and national resources and networks they need to start, grow and create jobs. The next city we are hitting up is Birmingham, Alabama on March 5.
So you want to go into business with someone. Good for you. Maybe your potential partner is a family member, long-time friend, investor or business associate. Whatever the relationship, the start of a partnership is much like the beginning of a romantic relationship. The parties are euphoric and it may seem as though nothing could go amiss. Time for a strong dose of reality.
Written by Caron Beesley
Changing a business name is a costly and disruptive process, especially for established businesses. You can’t just start calling it something different. Print and online marketing materials and bank accounts will have to change, websites adjusted, domain names registered, email addresses updated, and so on.
This is all assuming your chosen new name is even available!
So before you take the leap, familiarize yourself with these steps. Most of them are required by law, but others are simply good business practice.
Meeting follows establishment of the Interagency Trade Enforcement Center through Presidential