Archive

24 Nov I hear so many different reports on maintaining tax and sales records. How long do I have to maintain my tax records? My Real Estate sales? So far I’ve been saving EVERYTHING for 7 years and I think its too long.

WE RECOMMEND THAT YOU CHECK WITH YOUR OWN INDIVIDUAL TAX ADVISOR PLEASEnnSome tax related time frames, such as your tax return filing deadline or the due date to pay the IRS estimated tax payments, are clear-cut. But when it comes to tax records and how...

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24 Nov I own a store where I fix and sell refurbished laptops and I find that I’m making most of my money fixing laptops and spending most of it selling them. What should I do?

This is an excellent question because it applies to so many business owners that simply don’t know what business they’re in. I don’t mean to sound insulting, but take a moment to actually look at your business and ask yourself what you do. Are you...

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24 Nov What do I need to succeed in business?

There’s no formula for business success. No math will help you except the math on your balance sheet, so don’t look for one. There are some things that can help you, though. Sound management practices, technical support, experience in whatever industry you’re in, and the...

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24 Nov I see alot of hype on the internet about grants for minorities who want to start businesses. Are these all bunk, or is there some legitimacy to these offers?

That's an excellent question. While I can't speak for all such offers, especially independent ones, there are actually a lot of grants that the US government offers for minority-owned businesses. For a strong list of these, try looking at the first section here: http://bcondemand.com/government_resources.php...

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