The quality of the customer service your company provides will have an effect on the net profit of your business. Even with the best of intentions, many companies only give lip service to this very critical area. It is necessary that every employee be tuned in to how...
Every business should give serious consideration to how the company would deal with the death, disability, or departure of one of the owners. Like a will, a buy/sell agreement (also known as a business continuity contract) spells out how assets and other business...
Selling items on eBay and other online auction Web sites has become a very popular way to get rid of unwanted household stuff, as well as a way to turn a little profit. Many users have even started full-time businesses auctioning merchandise on the Web. But like any...
If you’re an officer or on the board of a community organization, you may wonder about the tax requirements that apply to your group. Generally, an organization will not owe taxes if two things are true: * It has registered as an exempt nonprofit organization...
One of the first decisions you face as a new business owner is whether or not to incorporate the business. The biggest advantage of incorporating is limitation of your liability. Your responsibility for debts and other liabilities incurred by a corporation is...
If you can’t file your 2013 tax return by the April 15 deadline, file for an extension to get until October 15, 2014, to file. You can request the extension on paper, by phone, or online. You don’t need to explain why you need more time, but be aware that...
Need to save more for retirement? Saving money doesn’t have to be hard work. In fact, many successful savers have found simple ways to cut spending and increase their savings. Here are some tips to help you get started and stay on track. * Figure out how much...
A recent study conducted by Harris Interactive of 1,000 middle class individuals aged 25 to 75 revealed some interesting statistics about retirement attitudes. Among the survey’s findings: * 37% of respondents say they don’t expect to retire; instead they...
Ask whether you should carry life insurance on your children and you’ll receive a variety of answers. Here’s a look at the arguments for and against. * Financial security. Traditionally, you take out life insurance to provide for the financial security of...
Keeping your company profitable when the economy slows down is a challenge for every business. You may be able to boost your bottom line with the following financial controls. * Watch your customer credit. Use an accounts receivable aging report to flag past due...
