An incorporated business is one which has been registered with the state in which it is headquartered in order to provide it with a separate legal status from its officers and staff. A corporation has a status of "juridical or legal personality," which makes it a legal entity that can enter into contracts and be sued. This is as opposed to a sole proprietorship form of business, which is legally the same as its owner.
Small business owners who use a Mac computer have many of the same Internet browser options found on Windows computers, including Firefox. A drawback of using Firefox is the lack of native PDF viewing online. By default, when you click a PDF file you're prompted to download the file and open it in another program. You can install the Firefox Mac PDF extension, formally known as Firefox Quartz PDF Viewer, to view PDF files on a Mac. The extension hasn't been updated to work with the latest version of Firefox; you'll need to make changes to the extension so that it works with the browser.
Net income is the change in a business’s financial holdings incurred through the business running its operations for one specific period. Net income not distributed to the business’s owners does not accumulate in the account called retained earnings, as the business reinvests this income in its operations. In contrast, the operating cash flow, or net cash flow from operating activities, is the total resultant change in the business’s cash and cash equivalents incurred through its operations.
Operating a successful business requires vision -- the ability to see emerging opportunities in the marketplace that the company can capitalize on to grow and become more profitable. Most companies undertake an annual strategic planning process in which the management team sets a course of action for the upcoming year and beyond, sometimes up to five years. During this process, quotas and goals are set. These are both numerical and qualitative targets that must be reached in order for the business to increase revenue and profits.
Evaluating the feasibility of a business requires research and sometimes a little learning. It also requires a person to be able to set goals and expectations that are in line with possible outcomes for the startup and continued operations of the business. There are several basic steps that will help a person determine what kind of business they wish to be in, as well as whether being in that business is possible for them.
Employee labor rights were established to protect employees. Labor rights address a variety of workplace issues, including the number of hours worked, wages and unemployment rights. It is important to know basic rules and regulations in the workplace in case a situation arises that goes against employee labor rights.
Giving employees incentives to increase their sales numbers is one to attract and retain top-performing sales professionals to your small business. It also benefits your company, because you’re only giving out bonuses and rewards in direct proportion to your increased earnings. For best results, make sure sales goals are attainable and bonuses are significant enough to really motivate your staffers.
Conflict naturally arises in many team working environments, especially when the team members come from diverse backgrounds and experience. Conflict isn't always a negative situation. When channeled properly, the varying opinions of the team members encourage everyone to view the situation from another perspective and may generate new ideas and solutions. Working through conflict helps strengthen the relationships between the team members and may promote a respect for other opinions in the workplace. Learning to manage conflict helps create a positive result out of the disagreements.
Although new residential housing construction has been greatly affected by the mortgage and housing market crisis that began in 2007, there are still many homeowners who require the skills of carpenters for remodeling and maintenance services. An industrious carpenter who sets up his own shop has numerous business opportunities available to him, depending on his skill level and marketing resources. Reliable transportation and basic equipment -- a compound miter saw, nail gun, basic tool kit, ladder and an air compressor -- are typically all that's needed to start up most types of carpentry businesses.
PowerPoint is a powerful presentation tool that allows you to provide a visual impact on your listeners. In small business, this tool is especially beneficial in capturing the attention of potential investors, customers and clients. The power of PowerPoint comes from the combination of information and visual displays. This impact is beneficial because it helps people to better understand and retain what is being presented to them. In fact, the Occupational Safety & Health Administration reports that people are 65 percent more likely to retain your PowerPoint presentation than an oral presentation with no displays.
The Samsung Fascinate is an Android-enabled smartphone sold by Verizon Wireless in the United States. Android devices allow you to delete downloaded applications by selecting the application you want to delete from the My Downloads menu. Using this process, delete the City ID application on your Samsung Fascinate device.
Throwing out your unused computer hardware could damage the environment and leave you in breach of state electronics recycling laws. Proper hardware disposal slows down the rate at which landfill sites are clogged up with electronic waste and cuts down on the amount of raw materials needed to build new computers. Alternatively, refurbishment and reuse programs allow others to make use of your hardware after it is no longer of use to you or your business.
Alexa compiles data from millions of Internet users, and presents lists of the top-ranking sites based on an aggregation of recent and historical data, breaking down the info in terms of both reach -- or the number of users -- and page views. As a business blogger, a high Alexa ranking is a strong sign that you're reaching plenty of potential customers. While there's no one “right” way to build your ranking, you can use a combination of methods to climb the charts.
By default, WordPress creates an archive page on your business's website for each tag that you create and attach to a post. However, this can potentially lead to search engine penalties: if you have attached the same posts to multiple tags, the archive page for one tag may be seen by search engines as a duplicate of another, causing one to be omitted from results pages. To counter this, many webmasters add descriptions to their tags so each tag archive page contains unique text. After adding descriptions to your tags, modify your WordPress theme to display the description at the top of each archive page.
Most fax machines include a connection that lets you connect your phone, fax and computer to one phone line. You use this capability when you use dial-up service for an Internet connection, and you have a fax machine and phone on the same phone line. All three devices can work on the same phone line, but you can only use one device at a time without specialty service such as DSL.
Debt consolidation consists of rolling all of your debt into one loan or line of credit. This consolidation allows you to make one monthly payment at one fixed interest rate. Usually the interest rate on the new debt is lower than the original loans, which creates a long-term savings. Following debt consolidation tips and guidelines can help ensure that your debt consolidation is a successful venture.
IRS Form 1120-F, a corporate tax return, is made up of two schedules: M-1 and M-2. Schedule M-1 is reconciliation of income per books -- income before taxes as shown on your accounting records -- with income per return for the tax year -- or how much income was reported on your corporate tax return; Schedule M-2 is an analysis of unappropriated retained earnings per books. Calculating Schedule M-2 is important in business because it tells your small business how much money you have available that isn't earmarked for certain uses.
Sports advertising is big business. According to an article in the New York Times, as recently as 2007, "G.M. spent close to $578 million on TV sports advertising." Tens of millions of people flock to large venues yearly to watch modern gladiators battle for championships and, on a smaller scale, local sports teams also fill the stands with spectators. While there may be concrete benefits for a small business to advertise in sports, there are several disadvantages to consider before spending too much of your precious marketing budget in this arena.
Although Microsoft Access is primarily a relational database application, it does include other features that enable you to perform practical functions. One such feature is the datasheet, which displays information in rows and columns, much like a spreadsheet. Also similar to a spreadsheet, you can use math functions to perform simple calculations. Creating a Totals row and using the Sum function allows you to add numbers instantly in your datasheet, just as you would in an Excel worksheet.
Nobody in their right mind will tell you that a business plan is a bad idea. The process of planning helps entrepreneurs sort through the various issues of their businesses and develop a set or organized steps toward achieving a goal. However, not everyone does better with a business plan. Some business concepts take time to develop and evolve into things that are different and far better than anyone would have imagined at the beginning. Creative people with some patience and risk tolerance might find themselves with a freer, stronger hand without a business plan.