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Most Recent Articles
- Avoid Personal Guarantees in Your Business Name
Banks like to play games with applicants, personal guarantees and your business. They'll tell you personal guarantees by you, ALL your business partners, and even spouses are required to process the loan. It's just part of their standard operating practice they say. It doesn't have to be this way - Business Owners: A "Valentine" From The IRS Is NOT A Good Thing!
The IRS would love for you to continue as a sole proprietorship in your business, because that makes you an easy target! - How to Separate Your Personal and Business Credit
Separating personal and business credit is a crucial step for your business and personal life. Yet, many business owners mix their personal and business credit together unaware of disaster waiting for them down the line. - Incorporated Your Business? Why Business Credit May be Key to Your Success!
So, you have finally taken that plunge! You formed your corporation or LLC and are ready to set up shop. The next step can be daunting; how will you purchase assets, pay your utilities, pay salaries and establish cash flow? Where will the funds come from to get this all done? - Incorporating In Nevada And Relying Upon Privacy To Protect You
When it comes to protecting your hard earned assets you want every advantage possible. There are many levels of privacy touted when forming an entity in Nevada. What works? What doesn't? What is the balance between asset protection and privacy? What is most important? - Nevada Vs Wyoming, In Which State Should I Incorporate?
Wyoming adds a few benefits to home state incorporation, including privacy, nominees, hiding (but that is not asset protection), lower fees... But ask yourself, does it make sense to save $100 in fees when you're protecting $1 million of assets? The bottom line is protection. If you choose to hide, saving that $100 may just put you out of business. - One Million Dollars or $22,000? Tax Planning May Be the Difference
Tax Planning isn't that important is it? It's just for the wealthy, right? WRONG! - Privacy In Nevada Will NOT Help Protect Your Assets!
When it comes to protecting your hard earned assets you want every advantage possible. When incorporating in Nevada it is often promised that there is a level of privacy for the owners of a corporation or LLC that will shield them in the event of a lawsuit. - Secrets of Trade Credit vs Business Financing
The number one reasons that business fail is due to lack of cash flow. As such, many business look into financing but which is the best for you? - Secrets to How You Can Build Amazing Business Credit!
Building business credit is a smart strategy for any business owner. Good business credit gives you favorable loans, better repayment options, and even protects you and your business in case of tragedy. - The IRS to Audit the Easter Bunny
Take the steps to avoid your business being audited like the Easter Bunny, or other sole proprietorships. Incorporate your business from day one and keep the IRS off your back and protect your personal credit! - The Top 3 Reasons to Focus on a Direct Selling Company
Everyone has the right to live life on their own terms. Not too many people believe that being a "slave" to a '9 to 5' job is living the life of their dreams. Direct selling may be your way out of that rut. - Three Scary Tax Secrets You Were Never Told About
Well the day that every United States citizen seems to fear most is almost here. No, it isn't Halloween or the first day of school, it is Tax Day. April 15th could also be called the day everyone actually thinks about achieving a certain goal. - What is the Best State to Incorporate Your Business?
So, what is the best state to incorporate in? Every seminar seems to scream Delaware or Nevada, and now Wyoming is becoming popular. Do you want the simple answer that will keep you safe? - What the VISA IPO Does Not Know about Business Credit
Understanding how to properly develop business lines of credit is critical to any start up business owner's success! Unfortunately, most who start off as a sole proprietorship and finance their business with their personal credit cards potentially ruining their business lines of credit down the road when they realize it is time to incorporate their business! - Will You Save Taxes By Incorporating In Nevada?
Nevada has no state corporate or personal income tax and is one of the best states in the country to start a business! Nevada is a PRO-BUSINESS state. The question is: If you don't have a business in Nevada, will you save state corporate income taxes by forming your corporation in Nevada?
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