What Is a Closely Held Corporation and Why Is It Important to You?
If you have read some of the other articles in this section of the Website, you have probably heard the use of the term “close held corporation or “closely held corporation” (this could be a Nevada or Delaware LLC). This term, in either iteration, is important to you because if you form a corporation or LLC, you will most likely be forming a close held corporation.Managing Business Expenditures and Avoiding Unauthorized Expenditures
Effectively managing the financial health of a business is one of the most important tasks for a small business owner/manager. All activities of the business affect, for good or bad, the financial health of the business and the financial management of that business affects all other business activities. Without adequate financial resources – you are OUT OF BUSINESS!Flatten Your Organization If You Plan To Eventually Sell Your Business
Many small business owners intend to cash out at the end. They want to build a successful business and then sell it. That is the retirement plan, that is the reward, that’s when all the hard work pays off. It’s a great idea and a great plan, but have you positioned your business for a sale or have you created an empire that only works if you are at the helm directing and implementing?Four Ways Your Service Company Can Save on Gas Prices With GPS Vehicle Tracking
With gas prices sitting in a perfect position to go through the roof this summer your livelihood rests in the balance. Whether you own a lawn maintenance business or an A/C repair company you know one of your biggest expenses after labor is that four-letter word, FUEL. Here are four ways to save gas and time this summer with the aid of GPS Vehicle Tracking: Real Time GPS Destination Routing With the BlackOpsGPS server you have the ability to quickly and accurately route your crews to their next assignment.Mastermind Your Way to Small Business Success – Part 1
The concept of the Mastermind was made famous by Napoleon Hill about 100 years ago. In his classic book, “Think and Grow Rich”, he wrote about the Mastermind principle as “the coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.”