Thinking of changing your business structure?
There are many reasons why small businesses change the way their business is legally structured –gaining protection against personal liability, seeking a break from excessive bookkeeping, dissolving a partnership, and more. What are your options and what steps should you follow as you change your business structure?
Changing from a Sole Proprietor to an LLC
Commerce Secretary John Bryson delivered remarks at a luncheon hosted by the
U.S. Chamber of Commerce honoring Iraqi Prime Minister Nouri al-Maliki in
Washington. In his remarks, Secretary Bryson pointed out a variety of resources available to
U.S.businesses already in place to encourage and create ongoing trade and
investment in a new area of relations between the two countries. These include
the U.S.–Iraq Business and Investment Conference, Commerce-led
trade missions to Iraq, the Iraq Task Force and Commerce’s Advocacy Center.
Secretary John Bryson hosted the sixth meeting of the National Advisory Council
on Innovation and Entrepreneurship (NACIE) today at the Commerce Department. The
Council advises Bryson and the administration on key innovation and
entrepreneurship issues and supports President Obama's innovation strategy by
helping to develop policies that foster entrepreneurship and identify new ways
to take great ideas from the lab to the marketplace to drive economic growth and
job creation. Council
As a marketer it’s extremely important to me that the branding I establish and the promises I make regarding our services are fulfilled on by our staff when the clients come in the door. Marketing and operations must be in sync. When marketing brings the client to the door, operations must open that door, fulfill on the expectation set and make the sale. Here, in his recent post*, Michael Bowers* District Director of the Ohio Small Business Development Center shares his position and experience on the importance of fulfilling on the client’s needs and expectation and making the sale…
The first sign that any business is in trouble often comes in the form of missed or late payroll. But missing payroll doesn’t always spell doom. In small business, cash flow is king and it can be quickly compromised by late receivables from tardy customers, seasonal lows, and of course, a general economic downturn.
However, excuses aside, not paying your employees and associated payroll and employment taxes should be avoided at all costs. Here’s why:
The U.S. Census Bureau today released findings from the American
Community Survey — the most relied-on source for detailed, up-to-date
socio-economic statistics covering every community in the nation every year —
for the combined years from 2006 to 2010.
Consisting of about 11 billion individual estimates and covering more
than 670,000 distinct geographies, the five-year estimates give even the
smallest communities timely information on more than 40 topics, such as
educational attainment, income, occupation, commuting to work, language spoken
Cloud computing is surely the buzz technology for the early 21st century. Yet, as red hot as it seems, confusion remains about what it is and what benefits it brings, as well as how secure it is for sharing and storing business information.
Cloud computing may seem like a new technology, but in truth, we’ve all used cloud computing in some way, shape or form for years. Take Facebook, for example; this social sharing site stores your comments, photos, videos and so on right up there in the cloud. Gmail, Picasa, Flickr, and others all rely on the cloud.
Guest blog post by Assistant Administrator for Weather Services
and Director of the National Weather Service Dr. Jack Hayes
As the extreme weather year of 2011 comes to a close, I
want to reflect back on this year’s events and look ahead at ways to reduce the
devastating impacts of weather on our society.
Making the right hiring decisions for your company is critical to your business success. But getting it right isn’t easy.
We all know the negative consequences of making the wrong hire – it can lower your team’s morale, hinder productivity, and even impact customer relations. But did you know that the cost of replacing an experienced worker who doesn’t work out can cost 50 percent or more of that individual’s salary, and these costs go up if the employee has specialized skills such as nursing (Source: AARP).
The world’s largest submillimeter camera—based on superconducting technology
designed by the National Institute of Standards and Technology (NIST)—is now
ready to scan the universe, including faint and faraway parts never seen
Mounted on the James Clerk Maxwell Telescope on Mauna Kea in Hawaii, the NIST
technology will help accelerate studies of the origins of stars, planets and
The new 4.5-ton SCUBA-2 camera, which contains more than 10,000 of NIST's