When someone thinks about starting a business the first thought is the cost. To register, file an Application By Foreign Corporation For Authorization to Transact Business In Florida The application must be accompanied by an original certificate of existence, no more than 90 days old, authenticated by the Secretary of State or similar official of the foreign corporation’s home state.
According to the U.S. Small Business Administation (SBA) , in 2010, there were 27.9 million small businesses in the U.S. The majority of these – more than 75% – were identified by the government as non-employer” businesses, meaning that the owner is the only person working at the business.
Furthermore, according to the outline of the use of 7(a) loan proceeds , 7(a) loans cannot be used to repay delinquent taxes, finance a change in business ownership, refinance existing debt where the lender is in a position to sustain a loss and SBA would take over that loss through refinancing,” or repay equity investments in the business.
Think about the areas that you are either weak in, or have little knowledge of. Finding partners compatible with your personality who can fill in your knowledge or skill gaps is an excellent way to ensure your business has the resources you need to succeed.
You have to gauge how much knowledge you have in establishing a business before actually starting it. If you want to beat your competition and ultimately succeed, you have to devote time and effort to understand all the procedures necessary to be carried out.
Today’s article will seek to identify the mental blocks to success faced by business you will notice a lot is related to fear,shame and self esteem.These issues all arise from early childhood and come to haunt business people years great news is there are solutions once you identify which block or blocks relate to you. Good management will ensure that loans applied for are only as much as can be repaid, as early as possible. One catchy thing about this business is that you don’t need to rent a shop, you can start this business from your garage or right from your home. Facebook enables businesses to create a business page were people can like and ask questions, twitter will enable my business to tweet about the business to other people who haven’t heard about my business organization can read about it.
They just think it’s nice to be able to go to a mom-and-pop cafe, or an artsy Luddite craft shop, and get the warm fuzzies from the ineffable ambient charm and feel smug knowing they support local business. Legal Liability means that the owner of the business organization is 100% responsible for how the business is running.
To help upcoming enterprises establish themselves properly, the government has set up the Small Business Administration agency which sees to it that people are extended these loans at far much cheaper repayment rates. But total lack of planning or inadequate planning is the major problem of small business.
Thirty-two percent reported all credit needs met (unchanged), and 50 percent explicitly said they did not want a loan. Apply for a doing business as license if you use a fictitious name for your business, according to Obtain your DBA from the same place you get your vendor’s license.
Award applications are due …Read More
You were merely driving on the street near your home when you were involved in a car accident. This resulted in several vehicles and property damages, including those which you own. You sustained injuries because of what happened which became the reason for you to be absent from work. In addition, you’re now faced with endless medical bills and several therapies required by your doctors. Since all of these have affected your daily routines in more ways than one, you’ve started to wonder if you need to take legal actions after a car accident. This is your first time to involved in one so you basically don’t have any idea about what to do.
To help you come with a sound decision, consider the signs below to determine if you should take legal action after a car accident.
- You need to take legal action if you were at-fault but your insurance company will not pay.
If you’re at fault for the car accident, of course, you’re not allowed to claim for damages against the other party, as the latter only has the right to do that. But if you are entitled to a certain amount of money from your insurance company, and they refuse to pay up, you might need to file a lawsuit against them. Keep in mind that under Personal Injury Protection (PIP), policyholders are aided by the insurance company in paying the medical bills from the accident regardless of who is at fault. This means that even if you caused the accident, you could still receive compensation for your medical expenses.
- You need to take legal action if you were not at fault, but the insurance company will not pay you.
On the other side of the coin, you should be able to receive compensation if …Read More
You know that working on a construction site can be challenging. There is falling debris every now and then and large machines to operate regularly. You understand that one wrong move can result in serious injuries, disabilities, and even death. But all is not lost because there are several ways you can keep yourself safe from construction accidents. There are countless techniques for you to be safe every day from accidents in construction sites and you can start by doing the following:
- Make use of safety training provided by the company.
Yes, you might have been working in the construction industry for years, but this doesn’t warrant that you’ll be perfectly fine from whatever dangers the site can bring. When your employer provides you with training on how to handle heavy equipment, for example, make sure that you sign yourself up. Don’t try to act as if you know everything just to impress others as this can put your safety and life on the line. Instead, take advantage of as much training as you can as this will greatly help you become a safer employee in the construction industry.
- Utilize protective clothing and gear.
Some employees never see the importance of wearing protective clothing and gear. For them, it only prevents them from moving swiftly and can become the reason why their output is delayed – don’t be one of them. Never skip putting on your protective clothing and gear when you report to work. Doing this might require your time and might even be an inconvenience for you, but these are merely small sacrifices for the price of your safety. Never enter the construction site if you don’t have your safety vest, custom hard hat and safety glasses on.
- Keep the workplace clean.
When you’re working on a …Read More
Businesses being involved in litigations is no longer an uncommon notion to you. You know some businesses that were involved in lawsuits because their employees didn’t have a legal document reporting how they should be paid, or because different agencies noticed a loophole in their processes. And if you don’t want to experience any of those misfortunes in your own business, you should start coming up with a business contract. This document will streamline everything in your business, saving you time, energy and resources in the long run. To give you an idea of the considerations when it comes to writing a business contract, keep in mind the information presented below:
- You should know the basics: When you’re writing a business contract, you should be aware of the basic elements that should be present in your business contract. These elements are as follows:
- You should have the intention to make a contract that would represent at least two parties.
- Your contract should have a legal subject matter because you can never make a contract with something that’s illegal.
- Your contract should represent an offer made by one party, and an acceptance by the other.
- Your contract should indicate an exchange of something that’s valuable (e.g., services, money, etc.).
- Your contract should be in writing and should include, in detail, all of the terms to be agreed upon by the parties involved.
- There should be offer and acceptance: All contracts should have at least two parties involved – one who will make the offer, and another will accept the offer. For example, if you prepared a job offer for an applicant, you’re basically asking someone to work for you hence, the offer. If the applicant signs the job offer, this means that they accept your offer and that an