Two major issues for any business owner are the ability to generate profits, and protection from legal liability. The U.S. tax law provides for Limited Liability Companies (LLCs), which offer ownership flexibility and legal protections for the owner. The UK offers business owners a similar business structure: a limited company. Here are the pros and […]
How is your business performing? Are you making a profit? For many business owners, the answer is: “I’m not sure…” When you set up a new business or start to work for yourself, you need to establish some business accounting records, and can keep your business and personal finances separate. If you combine the two, […]
When looking to start a business, some of your costs will be obvious to you. Every company should put together a business plan, and the expenses in the plan will likely include business income taxes, payroll taxes, overhead costs, and business licenses and permits. As an owner, you can expect these costs and include them […]
Many people dream of going freelance, but are reluctant to take the plunge. Being employed is generally more predictable, because you get paid on a set pay schedule and you may be entitled vacation pay and benefits. On the other hand, working as a freelancer offers more risk and higher potential rewards. While you don’t […]
Is everyone spending a ton of money and having fun on Spring Break? If you check social media, it sure seems that way. All of your friends are on the beach, skiing in the mountains, or people watching at a café in Europe. But that’s not reality. The fact is that not everyone is living […]
There it was: right next to the popcorn machine at the movie theatre: “Buy and Sell Bitcoin Here”. A TV-size screen with instructions, and the current price for Bitcoin, in U.S. dollars. At a movie theatre.
Yesterday I saw a “Permit Driver” sign in the back window of a brand new Range Rover. Now, that seems like a risk- spending a lot of money on a car, only to let an inexperienced driver run over a curb. Seems like you need to do a lot more driving before taking the Range […]
A baby pooping all over themselves in public can be a crisis… It’s really bad if the clothes are covered in poop- and you can’t get to a washer for hours. If you just change the baby and keep the clothes in a diaper bag, the clothes might be ruined. There’s now a solution. I […]
“Stay Calm And Vape On” The phrase was on the license plate frame of a Chrysler Town and Country minivan. The late day sun was trying to peek though the windshield, but the interior was full of smoke. It was as if Cheech and Chong were driving the kids home from soccer.
New Year’s Eve presents the opportunity to, as a friend of mine said, “get into a car and race all of the drunks back home.” Something I hope we all avoid (hey- use Uber). As we turn the page and move into 2018, it’s an appropriate time to ask the question: Is Tesla bankrupt? What […]