by on August 23, 2018

Annual Corporate Housekeeping

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Happy New Year. With the new year comes the sweeping out of the old, which is where your corporate housekeeping comes into play. Many entrepreneurs think their legal work is done once they’ve incorporated or formed a limited liability company. Not so. Most states’ statutes require you to compile a written record of your major […]

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Continental Airlines (NYSE: CAL) and Kingfisher Airlines, one of the fastest growing airlines in India, announced last week that they entered into a comprehensive partnership for frequent flyer and airport lounge access reciprocity. In the effort to provide better service to customers who travel between India and the U.S., the airlines are also offering future […]

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by on August 17, 2018

Partners Across the Pond

Partnerships can be tough under the best of circumstances.  Communication gets garbled even when you’re sitting right next to your business partner.  But can you imagine the challenges in having a business partner in another city, state, or country?  I cam across a post that inspired me to think about it:  one business owner is […]

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by on August 14, 2018

Writing Off Business Bad Debt

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It’s been said that “every silver lining has a cloud,” and that certainly applies to having business bad debt. In a number of cases, you can get a tax deduction and write off the bad debt against income. But the fact remains that, to get the write-off, the debt has to be uncollectible. Which means […]

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“Life is trouble; only death is not,” comments Zorba the Greek in the novel by Nikos Katzanzakis. I’ve heard many a business owner brag about the lack of complication that their sole proprietor status affords them. No messy ownership agreements, no separate filings or taxes, complete freedom and flexibility to do what you want when […]

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As access to credit gets tighter in the “new economy,” many business owners may look to friends and family to help them get through the lean times. Friends and family are a tried-and-true source of funds. That said, business deals with friends and family can be enormously counterintuitive. Because you’re dealing with your college roommate […]

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by Nina L. Kaufman, Esq. on August 2, 2018

Satisfy Customers to Survive and Prosper

Satisfied customers don’t grow on trees, ripe for the picking.  Yet without them, your company is doomed.  Most businesses models rely on repeat customers, customer referrals, or at least, the credibility of satisfied customer testimonials.  If you want your business to succeed and grow, it must attract and satisfy customers. Repeatedly. Seems pretty straightforward, but […]

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Naomi’s t-shirt business, Chic Couture, has blossomed, and her inventory has outgrown all possible nooks and crannies in her studio apartment. Ned writes website copy for corporate clients, and, with gym socks all over the floor, there’s no way he want to meet with them in his studio apartment. Noreen wants to start a dance […]

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by on July 27, 2018

A Lesson about Labor Day

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The first Monday in September wasn’t always considered an official rest from work. According to the Department of Labor’s website, the first Labor Day holiday was celebrated on Tuesday, September 5, 1882, in New York City. Over time, the movement to recognize Labor Day grew–first with a handful of municipal ordinances, then state legislation. Finally, […]

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by Nina L. Kaufman, Esq. on July 24, 2018

Sadly, Your Company Must Have a Collections Policy

The first time it happened, I was shocked.  (Okay–naïve too, but shocked).  “What did I do wrong?” I wondered. “Wasn’t the client happy with the service I provided? After all, I swooped in, saved the day, and got them their pound of flesh. What’s going on?” It happened to me several times despite my best […]

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