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Write You - Should we Believe the Experts? (Part III)
The ABCs of the S-Corporation
As small business owners, we all have at least two things in common when it comes to our companies: Keeping other people’s hands off our personal assets and paying the lowest possible taxes (this usually means having profits taxed on our individual tax returns.) That’s what the S-corporation is all about. While the limited liability company (LLC) is quickly taking its place, S-corporation benefits still do outweigh LLC benefits for many companies. But how do you know it’s right for you? Let’s take a look.What is an S-Corp Exactly? eigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. In 1896, a year after making his seminal discove Advantages of a Limited Liability Company Should we believe the experts in science?There are many advantages to the limited liability company (LLC) including the financial and tax advantages. Herein we discuss the other specialized uses and benefits to you for possibly implementing the limited liability company in your estate planning and business strategies.THE LLC IN ASSET PROTECTIONFirst-time business owners were first unincorporated proprietorships. As they began to realize the possible loss of their personal assets or as they started to get in trouble only then did they consider other types of ownerships. T In science, the predictions made by Sir Rayleigh and Lord Kelvin on heavier-than-air flying provide two famous examples of misguided intuition. John William Strutt Lord Rayleigh (1842-1919) was a leading British physicist. In 1876 he was elected as President of the London Mathematical Society. In 1879, he was appointed as the second Cavendish professor of experimental physics at Cambridge (the first was the famed James Clerk Maxwell). In 1905 Sir Rayleigh was elected President of the Royal Society. In 1908, he became chancellor of Cambridge University. Sir Rayleigh is perhaps most known for the discovery of the inert gas argon in 1895, which earned him the 1904 Nobel Prize in physics. Sir Rayleigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. In 1896, a year after making his seminal discove Computerized Time Clocks on.If you have a business with a number of employees, then you need to keep track of the hours they work for reporting and payroll purposes. A computerized time clock system is a great solution, allowing you to track employee hours and collate all the information together into management reports. These reports can then be used to produce the payroll, or with some time clock systems the data can be fed directly into the payroll computer system.Computerized time clock systems can be found to suit any size of organization, as they're availab John William Strutt Lord Rayleigh (1842-1919) was a leading British physicist. In 1876 he was elected as President of the London Mathematical Society. In 1879, he was appointed as the second Cavendish professor of experimental physics at Cambridge (the first was the famed James Clerk Maxwell). In 1905 Sir Rayleigh was elected President of the Royal Society. In 1908, he became chancellor of Cambridge University. Sir Rayleigh is perhaps most known for the discovery of the inert gas argon in 1895, which earned him the 1904 Nobel Prize in physics. Sir Rayleigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. In 1896, a year after making his seminal discove What is ISO 9000 ed as the second Cavendish professor of experimental physics at Cambridge (the first was the famed James Clerk Maxwell). In 1905 Sir Rayleigh was elected President of the Royal Society. In 1908, he became chancellor of Cambridge University. Sir Rayleigh is perhaps most known for the discovery of the inert gas argon in 1895, which earned him the 1904 Nobel Prize in physics. Sir Rayleigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. ISO 9000 is a set of international standards that ensure product and service quality. In 1987, International Organization for Standardization (ISO) created the ISO 9000 standards providing guidelines to implement and operate quality management systems.The ISO revised the standards in 1994, and again reorganized the standards and published an updated version in December 2000. The revised version includes three quality standards, namely, ISO 9000:2000, ISO 9001:2000, and ISO 9004:2000. The first one presents requirements, while the last tw In 1896, a year after making his seminal discove Corporate Gift Giving - Part II - The Do's 8, he became chancellor of Cambridge University. Sir Rayleigh is perhaps most known for the discovery of the inert gas argon in 1895, which earned him the 1904 Nobel Prize in physics. Sir Rayleigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. Part I of this article covered what to avoid when giving a business gift. If you missed it, I suggest you go back and take the time to read it.Now onto Part II: Giving corporate or business gifts can help you stay in touch with prospects and clients. It can also help you show appreciation for someone's business, establish new relationships, mend relationships, obtain referrals and build customer loyalty. Follow the guidelines below to ensure that your business gifts are effective: In 1896, a year after making his seminal discove The Real Energy Crisis-How Much Is It Costing Your Business? eigh was also interested in flight. In 1883 he published The soaring of birds, and in 1889, The sailing flight of the albatross. Turn the page of any paper or turn on any news show and you’ll likely hear about the global energy crisis and soaring gas prices. But I’m convinced that the real energy crisis is not taking place in the oil fields of Texas and Iraq or the gas stations of New York and California but rather inside the people and the companies that contribute to our global economy. In a recent survey conducted by Harris Interactive Inc. less than 15 percent agree that they feel strongly energized by their work and only 20 percent feel very passionate about their j In 1896, a year after making his seminal discovery, Sir Rayleigh commented, “I have not the smallest molecule of faith in aerial navigation other than ballooning.” (Martin 1977, p 12) Another great physicist who expressed an opinion about heavier-than-air flying is William Thomson, better known as Lord Kelvin (1824-1907). Thomson was an infant prodigy in mathematics. In 1841, at the age of 11, he entered the University of Glasgow. Thomson published his first paper in mathematics at the age of 16. In 1846, at the age of 22, Thompson became a Professor of Natural Philosophy at Glasgow University. In 1847, he first defined the absolute temperature scale, which was subsequently named after him. In 1851, Thompson published ideas which lead to the introduction of the second law of thermodynamics. I
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