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LEASE OR BUY YOUR BUSINESS CAR? TAXES AND OTHER INFO
March 25th at 7:49pm
If you are considering car leasing for your business, you may be wondering if it is better to lease or buy. Here are some factors to consider, including which one gives your business a better tax break. Here are some comparisons between leasing and buying a business vehicle: Ownership: This is different for businesses than for individuals, because of the tax benefits of ownership. Depreciation A leased car typically doesn’t get you any tax benefits (depreciation), while owning the car can give you depreciation deductions. Initial costs: Up-front costs for leasing and buying are different (down payment vs. first month/security deposit), so…
CUSTOMER SATISFACTION IS #1
March 18th at 7:42pm
If you don’t satisfy your customers, your business will fail. While your business might survive with angry, single-purchase customers, only businesses with a focus on customer satisfaction will thrive. Customer satisfaction is the difference between surviving and thriving. Ongoing satisfaction leads to loyalty. Once customers have placed trust in a company and are assured that the company will continue to deliver they will continue to do business with them. If you have more customers, who spend more each month, lower customer satisfaction has an even bigger impact on your business. Every unhappy customer is another hit to the bottom line. If…
REAL ESTATE, FOR SALE BY OWNER, A GOOD IDEA?
March 11th at 7:35pm
A FSBO, also known as a for sale by owner, can easily be described as a homeowner selling their property without the representation of a real estate agent or broker. There are many reasons why homeowners attempt to sell their home on their own. A few of the most popular reasons for FSBOs are they want to save the money that would be spent on real estate commissions or that they feel they don’t need a real estate professional to sell their home. Listing a home for sale before it is ready can be detrimental to the chances it actually sells. Pros Save…
VOIP PHONES FOR YOUR BUSINESS
March 4th at 10:25pm
Business VoIP services have become increasingly attractive to small-business owners because of their simplicity, wide range of features, and—most of all—inexpensive pricing, compared to traditional phone line systems. They can also eliminate a lot of on-site hardware, so it might be time to deal with that e-graveyard. VoIP transforms outgoing or incoming calls into a digital signal and sends it through the internet, converting it to a standard telephone signal to reach a non-VoIP number. Through VoIP, you can place outgoing calls or receive incoming calls directly from a computer, a VoIP phone, or a regular phone that’s hooked up…
THE ART OF SELLING
February 25th at 10:11pm
Every business revenue relies one way or another in the ability to sell services or products. Here are top tips from professionals on how to master the art of selling. 1. Learn to be comfortable interacting with others and try to develop a comfort level in talking with people you have never met. Joining a couple of social groups such as Toastmasters International that assist all types of professionals in public/group speaking can help. 2. Consider taking a sales course at a nearby college, entrepreneurial center, or chamber of commerce. 3. Develop a strong level of self-confidence in your ability…
HOW TO HIRE A BUSINESS LAWYER
February 18th at 12:18am
The nature and objectives of your business will determine the legal expertise that is most valuable to you. To better define your company’s legal objectives, you can ask yourself the following: What legal guidance does my company need (regarding employees, contractors, government regulations, taxes, customer warranties, and so forth) in order to avoid future liability?Where are there efficiency or competency gaps in the company’s daily operations?What are my short and long-term goals for the business?Does the company need to raise additional capital?Does the business need to lease or purchase any commercial property?Does the business need to restructure its existing debt…
BUSINESS CHARISMA
February 11th at 11:51pm
We learn from small business leaders about the value of charisma in a small business, and what it takes to be an inspirational figurehead capable of achieving tangible results, whether that’s getting the best out of staff or winning new clients. Charisma can definitely be developed and is built through confidence of who you are and owning it. Like most traits some people are naturally abundant is that area while others have to work at it, but irrespective of where you are on the spectrum it can be nurtured in order to further both your business and personal life. Genuine…
THE LAWS OF ATTRACTION
January 28th at 11:38pm
When you hear someone talk about their success with the Law of Attraction (LoA) or The Secret, you’ve likely witnessed a passionate, excited person describe what seems like impossible magic. Law of Attraction fans will tell you that their wildest dreams easily come true, and positive thinking makes it happen. In the New Thought philosophy, the Law of Attraction is the belief that positive or negative thoughts bring positive or negative experiences into a person’s life. The belief is based on the ideas that people and their thoughts are made from pure energy, and that a process of like energy attracting like energy exists through which a person…