Match Dot Company: Lawyers and Attorneys Should Fit Your Business Goals

As a bookkeeper, I have been asked by many of my clients to refer them to a effective lawyer and a good CPA. Most small businesses can’t waste time with professionals who don’t fully understand the needs of a start-up or home based-business. Interview these people with care, and make sure you two are on the same page when it comes to meeting expectations.

clipped from www.chron.com

Depending on what your needs are, you might require specialized services that not every attorney or CPA has, and that means you might have to seek out someone with a specialty, such as intellectual property law or dealing with IRS audits.

“A general business lawyer can help form entities like an LLC (limited liability company) help in drafting leases and contracts, buying and selling a business, but if you’re going to get into something more complex, you’re going to want to know a little more about their experience,” Steingold said.

Similarly, most accountants are likely to periodically go over a company’s books and prepare its tax returns. But you might also want a CPA who can help you with business planning.

It goes without saying that the discussion must include fees, and what services you can expect. You want to be sure you don’t open a bill from your lawyer or accountant and find you’ve been charged for something you never expected to pay for.

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Save The Date: Future of Business Media Oct 30

Content Next’s Future of Business Media Conference is October 30 here in New York City.  I expect tickets to not be cheap with the stellar list of speakers, it may worth attending.

To get the most out of any conference I suggest reading tips from Keith Ferrazzi’s book, Never Eat Alone. This is the one book, I refer back to over and over again.

Vator.tv: You Tube for Business Pitches

What a great way to pitch your business idea, and it is FREE!

clipped from www.springwise.com

Pitching the next great idea to prospective business partners, investors, service providers and fellow entrepreneurs just got easier with Vator.tv—a new venture that combines online video and networking. Based on the proverbial elevator pitch—the notion that you should be able to sum up a new business venture in the few minutes it takes to ride an elevator—Vator.tv is an online marketplace for new ideas. “Anyone, across all industries, at any stage, can share ideas, products, services and businesses with the rest of the world, mainly through video.”

Here’s how it works: users sign up for a free account. They then create pitches for their ideas, projects or businesses in a rich media environment by uploading video, images, PPT or PDF files. They can choose to share their pitches with a personal network or with the entire Vator.tv community.

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Grindhopping

In this week’s Shifting Career column, Marci Alboher reviews three career books. The one I am most interested in Laura Vanderkam who authored Grindhopping: Build a Rewarding Career without Paying Your Dues. Being an overnight success is what everyone wants, so I am curious if the book is the blueprint to the fast track.

clipped from www.nytimes.com

These days, entrepreneurship comes in many flavors, from solo workers and freelancers to consultants and venture-backed small businesses. And even within those groups, there are niches.

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Geezeo

A client told me about a new Web 2.o personal finance application called Geezeo. I just signed up and it is free. It is similar to Wesabe, so I am going play around with them both and compare them.  One cool thing about Geezeo is that once you set up your bank account with Geezeo, you can also set up your cell phone to get text messages of your account balance.

More to come about this later.

Get Outside To Think Outside The Box

This past week has been difficult for me to stay focused in an office because of the heat and/or the sleep inducing of air conditioner. A good way to shake things up is to leave the office. change you routine by going to a diner with your laptop and have a late breakfast, so it is not during the lunch hour rush or go for a iced coffee at 4Pm to push through to the end of day. Invite people from your office or if you are a sole proprietor, invite a fellow freelancer. The fresh air will yield fresh ideas.

Business Plans Made Easier

Many of my clients and other entrepreneurs are frustrated over creating a business plan. PlanHQ is a Web 2.0 application that may help. It is clearly organized in sections including market, goals, financials and your team. since it is online, it provides easy online collaboration with member of the team. the monthly subscription rates range from $9, $24 and $49, depending on the size of the business and number of team members.

Spending Diary Application + Repairs Are Cheaper

Today I got an email telling me about an easy web application, Spending Diary. I will employ this for my future posts about spending. By the way, writing down your expenses makes you think twice about buying things. It made my day to spend only $5 to get a battery for an old Timex watch instead forking over $30 for shiny new one.

Look around your place to see what can be repaired cheaply instead of buying new. Shoes may need new heels, clothes may need new buttons or zipper, but most times it is “cheaper to keep her”.

It’s Time For A Checkup!

Summer is a excellent time to take a step back to see how well your business is doing.
clipped from seattlepi.nwsource.com

Accountants and tax professionals say the summer is a good time to take stock of a company and see whether it’s meeting its goals and whether there’s enough cash on hand for tax payments. It’s also time to make decisions about equipment purchases and other capital spending for the second half of the year.

“You want to assess: Are you making money or are you losing money?” said Barbara Weltman, a tax attorney in Millwood, N.Y., and author of “J.K. Lasser’s Small Business Taxes.”

That may sound overly simplistic, but tax professionals say many owners really don’t know where their companies stand, and those who are losing money need to find that out fast and start making changes. Companies that are doing well should start thinking about their options — for example, should the owner or owners withdraw money or leave it with the business to pay for its future growth.

It’s Time For A Checkup!

Summer is a excellent time to take a step back to see how well your business is doing.
clipped from seattlepi.nwsource.com

Accountants and tax professionals say the summer is a good time to take stock of a company and see whether it’s meeting its goals and whether there’s enough cash on hand for tax payments. It’s also time to make decisions about equipment purchases and other capital spending for the second half of the year.

“You want to assess: Are you making money or are you losing money?” said Barbara Weltman, a tax attorney in Millwood, N.Y., and author of “J.K. Lasser’s Small Business Taxes.”

That may sound overly simplistic, but tax professionals say many owners really don’t know where their companies stand, and those who are losing money need to find that out fast and start making changes. Companies that are doing well should start thinking about their options — for example, should the owner or owners withdraw money or leave it with the business to pay for its future growth.