Conducting an Effective Internal Privacy Audit
July 22, 2008
Before an organization can truly dedicate itself to the principles of privacy protection, it needs to take stock of its personal information holdings and the procedures it currently has in place. And in order to move forward on this road to privacy compliance, an organization needs to ask three basic questions: What type of personal information do we hold, where is it stored and how is it managed? Enter the privacy audit. An audit allows an organization to take inventory of its personal information... Read more »
What Is Concurrent Engineering
July 15, 2008
Concurrent Engineering is theoretically defined as a systematic approach to the concurrent design of products and their related processes, including manufacture and support. It is an example of group decision making and negotiation that commonly occurs in organizations and involves many agents. Concurrent Engineering is an evolving process that requires continuous improvement and refinement. It is well established as an approach to engineer product parts, however, the concept has a much broader... Read more »
How Are Corporations Taxed Twice?
July 9, 2008
There are two types of corporations in the United States. One is known as an S Corporation and the other is the C Corporation. Most corporations today fall under the C category. This category is not just for big businesses either. Small businesses can also be formed as a C Corporation. Usually a C Corporation has a lot of shareholders while an S Corporation does not. If you do decide to form a C Corporation you will be subject to paying a double tax on your profits but if you are the only shareholder... Read more »
Tax Consequences of Selling a Business
July 9, 2008
The purpose of this article is to demonstrate the importance of the tax impact in the sale of your business. As an M&A intermediary and member of the IBBA, International Business Brokers Association, we recognize our responsibility to recommend that you consult your attorneys and tax accountants for specific advice on your business sale transaction. As a general rule, buyers of businesses have already completed several transactions. They have a process and are surrounded by a team of experienced... Read more »
Use a PR Agency to Promote Your Event
July 4, 2008
Anyone planning a community event should consider using a public relations agency to help promote the event. By nature, a community event is a public event, and in the interest of maximizing attendance and participation, public relations tactics must be employed. Of course you can perform the PR functions and promote the event yourself, but the best results are achieved when hiring the pros. Below is an outline of some key benefits to hiring a public relations agency to promote your community event. Contacts -... Read more »
Reduce Capital Gains Tax in the Sale of a Business
July 1, 2008
Hopefully, before selling a business, you meet with a CPA or tax accountant and get an estimate on how much of your proceeds will be going directly to Uncle Sam if you pay them in a lump sum at time of sale. You don’t want to save this surprise for after all is said and done, because not only will it most likely be a shock, but you will have given up your chance to do anything about it. Planning is everything. For this article I will assume you are not doing a 1031 business exchange, that is... Read more »
7 Reasons Why Most Workplace Violence Plans Are Flawed From the Beginning
June 30, 2008
Like many policies, procedures, and programs designed and implemented in the corporate environment, workplace violence plans are typically designed by individuals, groups, or committees with absolutely no knowledge, understanding, or background in handling violence or aggression. And, as any self-protection expert, police officer, or soldier will tell you… …what seems logical, rational, and sounds like it should work in a planning session, is usually exactly the opposite when the brown... Read more »
Corporate Relocating? 3 Ways To Save On Time And Unexpected Costs
June 23, 2008
Moving of any kind is never easy. Corporate relocation or even small company relocation is never simple! If you think moving your home and family from state to state is difficult try moving an entire company filled with employees. If you’re managing the project or considering taking on that task, then you need to know that your number one goal in a corporate move is to be as time and cost-efficient as possible to keep things running as smooth as possible. I have some tips that may work for... Read more »
Unsecured Business Lines of Credit Harder to Come By
June 11, 2008
Small businesses are finding it more difficult to obtain financing and are the ones most adversely affected by the lending crunch because they are unable to obtain intermediate business lines of credit. Although the Fed has made concessions which include short term loans in the amount of $100 billion, small business owners have yet to benefit. For the first time in decades credit is especially tight as the bursting of the housing bubble has spread misery across the financial system. Banks and... Read more »
Campaign For Fair Translation Pricing
June 7, 2008
Welcome to this short article. In it we cover three areas of our industry which can cause confusion and lead to customers paying over the odds for translation services. We share tips on what to look out for and present countermeasures you can deploy to protect yourself against costly mistakes. “Campaign for Fair Translation Pricing” is a new initiative which we hope will help promote fairness and transparency across the industry. It is not intended to be a sales pitch. Armed with this... Read more »
