Sentences with phrase «as a business owner means»

Having a healthy credit score as a business owner means that your business is more likely to be able to access capital in the future.

Not exact matches

As an independent professional or a small business owner, this means you can reach new customers through Facebook even if you're catering for a very niche market or a local community.
Patricia G. Greene, a professor of entrepreneurship at Babson College, points out that «retirement» may not mean the same thing to small business owners as it does to people who have spent their lives working for other people.
The book argues that most of us are not as creative as we have the potential to be and, thankfully for the time starved business owner, living up to our full creative potential doesn't necessarily mean locking yourself in a practice room for around a decade.
This means, as a business owner, you have less legal risk of a descrimination suit — but you're not off the hook.
This means that business owners who track keyword data provided by Google on search traffic are now out of luck as keywords won't be supplied for these secure searches.
But it is by no means the be-all, end - all indicator, particularly for small business owners, as only 40 percent of the establishment surveys come from businesses with 20 or fewer employees.
The thing is that business owners are often just as guilty when it comes to using phrases they think mean one thing but are not entirely appropriate for the situation in which they are being used.
For some business owners that can mean a seasonal cash flow headache as clients take longer to pay (or stay away entirely) and holiday expenses add up.
Being unaware of valuation information means that business owners do not have sufficient insight into key areas of optimal knowledge, such as the right capital structure for the business, and the proper insurance coverage needed to protect it.
As an independent contractor, I've opened a Solo 401k (aka KEOGH 401k, Self - Employed 401k, One - Participant 401k), which is meant for a business owner with no employees.
That means a business owner can't use the same invoices as collateral for a different loan unless a subordination agreement is in effect.
This means that if the business owner fails to make a payment or goes into default, the bank can seize collateral such as business property, equipment, cash savings and deposits, and even personal assets.
In addition to the standard promise to repay the loan (called a promissory note), the bank will also likely require that the business owners sign personal guarantees — meaning that you, as an individual, will be on the hook to pay back the loan even if the business fails.
So, as a small business owner, the substantive relationship you have with your local banker, or the social capital you've built within your community over years, if not decades — which propels enormous goodwill, customer loyalty, and economic value — means little, if anything, to regulators.
Since your retirement funds are considered an «owner» of your business, that means that as your business gains value, so does your retirement fund.
For the owners of this business, the overhead is small, which means that you will have limited expenses as you begin to develop a client list and your niche in the industry.
As a business owner I don't want to pay for it; and if it is a priority to you, then by all means purchase it and use it.
Does this story mean that as an atheist business owner who receives some government contracts, I can deny employment to anyone who is a Christian based on his or her belief?
This was the first indication that City's new owners really meant business as they reportedly gazumped Chelsea to the Brazilian's signing.
As a Christian and a business owner, Bacon brings a second chance philosophy to his company, meaning that it partners closely with local parole and probation departments to offer entry level positions with the opportunity to move up in wages and responsibility, based on skills, work ethic, attendance and commitment.
Paladino said in his email today that meant to forward his remarks to friends as a joke, but he accidentally replied to the survey of business owners.
And as a self - published author, you are a business owner — which means you may be taxed on the revenue made from selling your books.
As the name implies, inventory financing is meant to help business owners purchase inventory.
What this means if you're operating as a limited partnership, LLC or other type of business structure involving more than one owner, you'll now have to consider whether you need to include the personal information of any other co-owners on the application.
While equity does not have the same restrictions as a loan, taking on additional shareholders does mean that the owner has more partners who have a right to voice their opinions about how to manage the business.
While I Invest to Win via a mix of primarily stock index funds, others use real estate investing, being a dividend investor, a stock picker / trader, a small business owner (this has now become part of my strategy as well) or other means.
This type of card is widely used by business owners as a means of paying for basic business expenditures such as basic company supplies or merchandise from vendors
The good news is that many small business credit cards do not carry spending limits, which means you as a business owner have the flexibility to charge based on your business needs.When you compare small business credit cards with personal credit cards, you will find that the best business credit cards have higher credit limits.
So along with their business acumen, new equine veterinarians have found that as prospective business owners they have easier access to borrowing opportunities, which means many are starting their own practices rather than buying existing ones.
The California State Legislature, seemingly with a well - meaning, but uninformed prejudice against legally operating business owners, are stomping on the Justice's grave as they march toward passing a bill which would ban pet stores from selling puppies bred by inspected and licensed breeders and forcing them to sell dogs with unknown backgrounds, temperament and health histories.
Which means it's probably safe to say that many business owners experience the same physiological joy in saving a few bucks as do the rest of us.
This means that you - as a business owner - will face the choice of filing suit to protect your business interests or defending your business in a lawsuit filed by another business.
My number one rule as a business owner, I don't know if it's other peoples number one rule, but mine, is when I don't know how to do it, and on the technology side I'm 34 so I'm young enough to understand technology but I haven't immersed myself in technology, I would by no means call myself a technology expert, so when you're talking about systems and coordination and merging things, my number one rule is find someone I like, find someone I trust, and do whatever they tell me to do frankly.
Normally the designations are done by the owner with a financial institution or insurance company that has already has a business relationship with the person and has established a means of authentication (or establishes it for other purposes, such as payment, at the time of the designation.)
A 10 or 15 lawyer retail firm covering a handful of personal service practice areas reconstituting as part of a 300 + lawyer national firm would have meant throwing out the old owner's manual and starting from scratch, moving from what was essentially a small - business management system to a much more corporate model.
A generation or two ago, the basic expectation was that if you managed to get hired as an associate and did competent work for 8 - 10 years (give or take), you'd become an equity partner, meaning you'd be a part owner of the business and you'd share in the profits.
«Adapting from a mindset of preservation to one of growth means business owners have to be aware of their legal opportunities as well as risks, and it's always a good idea to talk to an attorney whenever you need extra confidence and guidance.»
Successful business owners use life insurance as an essential means to protect their businesses but they also use life insurance as a vehicle to accumulate cash and future retirement income.
This means that the policy owner could borrow funds or withdraw cash to help meet future needs and goals such as paying for a child's education or financing a family business to continue.
However, these corporate business structures are designed only as a means of protecting the business owner's personal assets from liability charges against the company.
It means that the residents and business owners are going to be more aware of potential liability hazards and are going to prevent them as much as possible.
Becoming a franchisor means you'll be engaged in entirely different activities than you were as a business owner.
Another approach is required, such as directing a proportion of catch profits or mining royalties to traditional owners as «resource rental» (in recognition of their traditional property right to the resources being exploited); subsidising the purchase of, or granting without fee, commercial licences; providing an equity stake for traditional owners in development on Indigenous land; granting seed funding for Indigenous enterprises; offering contracting concessions to Indigenous businesses in development projects; and other means of facilitating the exercise of commercial rights that flow from native title rights and interests.
NTRBs are the principal means through which non-Indigenous parties engage with a traditional owner group before a determination of native title, and they have specific statutory functions that assist non-Indigenous parties to do this.179 As I suggested in my Native Title Report 2004, an untapped opportunity exists to harness the expertise, established community links and relationships with developers, cultural understandings and familiarity with remote areas within NTRBs, to build Indigenous capacity and develop creative businesses based on rights to country.
A key concern for some lawmakers, however, is that tinkering with corporate taxes without also providing relief to individuals would be unfair to small business owners such as real estate professionals, who often operate their businesses as limited liability companies (LLCs) or S corporations, meaning that income they generate passes through to their owners, who pay tax on it at their individual rate.
Renting out a property as a property owner means that you are in the property management business, even if you only have one home.
Instead, you might view the trend as a giant business opportunity: the chance to help long - entrenched companies revamp their office space to meet their new, reduced needs, suggests B.K. Allen, CCIM, owner of B.K. Allen Real Estate, Vienna, Va. «Just because you give workers the option of telecommuting, it doesn't mean you aren't going to need office space.
At a Virginia Commonwealth University (VCU) forum in Richmond in March on the expiring federal Terrorism Risk Insurance Act (TRIA), panelists emphasized that terrorism insurance is vital to businesses and public institutions outside of urban centers, and that terrorism is meant as an attack on the country, its government and way of life — vs. individual property owners in cities like New York and San Francisco (Richmond - Times Dispatch reported March 13).
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