Networking marketing is still a fantastic business model to provide you with an additional income stream should business slow down. With the emergence of internet based network marketing opportunities the chances of you finding a business that compliments your business activity is even more likely.Years ago just the thought of network marketing was enough to scare people away (and it still is even now but not as much!) Rumours of...more
I'll tell you a secret that you can use within ten minutes that could substantially benefit your business. And it's strange because, unless you happen to live within ten minutes of me, there's no way you can compete with me or steal this almost zero cost, local traffic (and if you do live nearby, stay off my turf or I'll break your legs). You can however do exactly the same in your local area without fear of me coming round your...more
Disputes over domain names can be a part of online business. When a dispute over a domain name occurs you can always turn to the courts. Although courts have the authority to award control over domain names, don't expect a quick resolution. As usually, courts act slowly. Therefore, many businesses avoid the courts and turned to the name registrars for help.Companies that do bring a court action must be prepared to spend a significant amount of money on legal fees. Your company is going to have to prove in court why a domain name needs to be transferred to another business.In reaction to strong lobbying from trademark owners and famous individuals, Congress passed the Anticybersquatting Consumer Protection Act in November of 1999. This act made it easier for individuals and companies to take over domain names that are confusingly similar to their names or valid trademarks. To do so, however, they must establish that the domain name holder acted in bad faith.Web Site Terms of UseFrom a legal standpoint, it is important to have a "Terms of Use" page on every business web site that describes the terms and conditions that govern the relationship between the visitor of the...more
September 11, 2008, is China's dairy industry's "9? 11." As the Sanlu infant milk powder containing melamine, leading to occurrence of consumers kidney stone disease. "Melamine milk scandal" in September 11 was today completely exposed. Sanlu Group fell, many large enterprises have milk products because of their affair and the loss...more
Taxation law is a complex and in-depth area of concern for the small business owner. With potential pecuniary and criminal consequences, it is of paramount importance to ensure as a business owner, you are familiar with the tax consequences in your jurisdictions, and the ways in which you can minimise your liability. Whilst one of...more
Years ago, I was a limited partner at Bear Stearns and Company in New York City. Once a year, we would have a partner's meeting, and I would attend as a matter of course. Now keep in mind that we were a trading firm, also a brokerage firm. Back then we didn't do nearly the amount of investment banking that is done by some of the majors such as Goldman, Merrill, and Lehman Brothers at the time.What was most interesting however is that we always referred to ourselves as "The Bank". It's a strange term when you consider that we were never licensed as a bank by the appropriate federal agencies. Nevertheless, on Wall Street when people were talking about their own specific firms, they always internally talked about "The Bank".The reason for this term is quite simple and appropriate. Years ago, if you wanted to know how much money a brokerage firm made all you had to do was calculate interest earned versus interest expense, and you basically had the bottom line, give or take a bit on a pretax basis. When I was s Senior Accountant with Arthur Andersen in the early 1970's, this calculation was always appropriate, and we dominated banking and finance type companies at that...more
If you just started a small business or are thinking about it you know that there are books and books of advice out there. While some advice can be helpful too much can be overwhelming and can make you turn away completely. Still, it's...more
Money management is one of the most difficult tasks that a small business owner must face. In the early days, you may have a very uneven income stream, putting out personal funds for startup expenses and operating at a loss. As your...more
People who want to begin their own business often have a rough time picking an idea that will work for them since they must have access to plenty of money to start it and also to locate something that they are able to feel passionate...more
There are some business opportunities that will almost always make money for a shrewd operator and on of these businesses based on my personal experience is a well run beauty salon.This business lives or dies by the quality of people...more
You might have been intrigued by the allure of obtaining small business grants from the federal authorities to start or broaden your operation. As fantastic as it may well sound to obtain a federal government grant that you don't have...more
Being a musician for many years now, all I ever wanted to do was to be able to make a good living by doing what I can't do without, which is performing and writing music. Its a blessing to be on a stage looking out over a big room full...more