Originally posted 2009-06-16 19:26:58. Republished by Blog Post Promoter
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Most of small business owners have a plan or at least a thought of expectation that one day their children will join and later continue the family business. Still, it is not that simple. Very often, children are not interested in taking over your business or becoming a part of it. They are attracted to completely different kind of profession. These situations may cause conflicts and disappointments. Sometimes even a deeper family issues and misunderstanding. The only way to face this problem is to accept the wishes and aspirations of your successor and respect his/her strength. Your children are actually following your example! They want to make their own start and success. The sooner you are able to appreciate that, the situation will become more easy to handle with. Read more »
IP is divided into two categories: artistic and industrial. • Industrial Intellectual Property rights are protected by Patents and Trademarks. General opinion and first thought that comes to a mind when it’s about IP are artistic works, scientific patents and similar. That’s a big mistake. Your Intellectual Property are all information, resorts you have used and productsof your work.  We are talking about customer lists, business processes, publications, trademarks, etc during and after your employment with the company. These items are considered Intellectual Property and proprietary information. Read more » Originally posted 2009-11-09 11:44:50. Republished by Blog Post Promoter
Family company is not necessarily run by members of one family. It can be owned by unmarried couples or friends. There are also small businesses which are ownership of two families, of two individuals whose relatives become employees. In these cases it is very important to document your business relationship in a formal business-partnership agreement. The document should include duration of the agreement, partners’ capital contribution expectations, and divisions of profits and losses. Read more » The raising health care costs are causing more and more pressure to the small business owners cornering them to choose between providing the insurance coverage for their employees or laying some of them off. A news from the health industry is that insurance policies will be more available for individuals,even those having pre-existing medical conditions, what should be a big step forward in achieving legislators’ goal of making health coverage accessible to many of close to 50 million individuals currently without one. Read more » Originally posted 2009-06-08 01:55:05. Republished by Blog Post Promoter Last week, the Obama administration said it would try to make it easier for borrowers to apply for SBA loans, and for lenders to make the loans, which are guaranteed in part by the government. Read more » Originally posted 2009-04-07 02:41:46. Republished by Blog Post Promoter Two weeks ago President Barack Obama traveled to Tampa, Florida to announce the investment of $8 billion in high-speed rail projects in 13 major corridors, which he said would provide a down payment for the most significant advance in transportation since the Interstate highway system was built more than a half-century ago. These Projects Will Help Create Construction Jobs and Revitalize U.S. Manufacturing Sector. Read more » BOSTON – Wednesday, February 10, 2010 – Building on his continued efforts to foster job creation and economic growth in the Commonwealth, Governor Deval Patrick today filed legislation to help small businesses hire new workers and reduce the cost of doing business. The Governor’s legislation provides tax credits for businesses that create new jobs, eases healthcare and unemployment insurance costs for employers and creates a new organization dedicated to providing businesses with the financial capital and resources they need to grow. Read more » Last week we spoke about the basics of your P.R. plan and P.R. organization. Now we will focus more on other aspects of a challenge called Public Relations. Public Relations may seem as a very complicated and demanding aspect of any business, especially the small one. Professional P.R. approach includes community participation, public speaking and articles published, contact with media and local reporters, your communication with your audience and presenting the right message to them. If we want to make this definition more concise, we would say that P.R. campaign is concentrated on the relationship between your business and its public. And what is it that can help you make the right impression and take care of the future of your business? Read more » If you purchase an energy-efficient product or renewable energy system for your home or for your office space, you may be eligible for a federal tax credit. This is the Energy Star, a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy. Energy Star is the program designed to help both businesses and individuals, which are interested in protecting environment, saving energy and ecology. A strategic approach to energy management can produce twice the savings — for the bottom line and the environment. Therefore, EPA’s ENERGY STAR partnership offers a proven energy management strategy that helps in measuring current energy performance, setting goals, tracking savings, and rewarding improvements. Read more » |
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