What You Need To Know About Incorporating Your Business

Written by Diane Hughes


Most US-based small businesses are getting eaten alive in taxes! That statement has proven itself true over and over again. However, while small business owners want to save money, many are literally afraid of incorporating their companies. The paperwork,repparttar additional reports, having a set payroll amount each month, and other visions swirl around their heads. Those visions could be costing you a ton!

Let me take a few minutes to explain what you need to know about incorporating your business. While it certainly isn’t a move every business will want to make, there are definitely some large benefits associated with incorporation.

MYTH Incorporating means I can’t take money whenever I want it.

TRUTH Yes you can! This is a MYTH that holds a lot of small business owners back from incorporating. If you set a payroll amount for yourself, then decide you want/need more money, you simply write yourself another check and call it an "owner distribution" or a "draw."

MYTH There’s too much paperwork involved once you incorporate. I don’t haverepparttar 104856 time.

TRUTH There are some additional forms you have to complete. There are some additional taxes you have to pay. HOWEVER... read this carefully... forrepparttar 104857 three or four extra forms andrepparttar 104858 cost ofrepparttar 104859 additional taxes, most businesses will still save when compared to counting every dollar you make toward personal income.

MYTH The only good reason to incorporate is for personal protection. The difference in taxes isn’t that much.

How Managers Hit PR Paydirt

Written by Robert A. Kelly


Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Word count is 750 including guidelines and resource box. Robert A. Kelly © 2003.

How Managers Hit PR Paydirt

As a business, non-profit or association manager, you’ll know it’s PR paydirt when you’re able to persuade your key external stakeholders to your way of thinking, then move them to take actions that lead to your department, division or subsidiary’s success.

Proof ofrepparttar pudding will be outside stakeholder behaviors like increasing repeat purchases, more inquiries about strategic alliances, new specifiers of your components, more membership inquiries, or a jump in capital contributions.

But to realize such results, you’ll have to get personally involved withrepparttar 104855 public relations people assigned to your unit. Then shift their emphasis from communications tactics to a workable and comprehensive blueprint that will lead to your success as a unit manager.

A blueprint, for example, like this: people act on their own perception ofrepparttar 104856 facts before them, which leads to predictable behaviors about which something can be done. When we create, change or reinforce that opinion by reaching, persuading and moving-to-desired-actionrepparttar 104857 very people whose behaviors affectrepparttar 104858 organizationrepparttar 104859 most, repparttar 104860 public relations mission is accomplished.

What such a public relations blueprint will require of you, is a sharper focus on those outside groups of people who play a role in just how successful a manager you will be. In other words,repparttar 104861 blueprint targets your most important external audiences.

Get your PR people on board early on. This should be an easy task as some of them, no doubt, are wondering if there may be more to public relations than press releases, special events and brochures.

Enlist them instead in a core public relations effort to determine how all of your crucial outside audiences really perceive your operation. I speak here of audiences with perceptions leading to behaviors that affect your organizationrepparttar 104862 most. So discuss with your staff how you can gather those key audience perceptions inrepparttar 104863 most cost-effective manner.

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