The Employer Identification Number (EIN) is, for the IRS at least,
the business equivalent of an individual's Social Security Number; it provides an identifying number for business entities.
What is
the business equivalent of this approach?
Here are five tips to get you started from the Work of Art toolkit; think of them as
the business equivalent of stretching your canvases and sharpening your pencils before you get ready to start your masterpiece.
History has proven time and time again that when very intelligent — even genius - like — people try to slay
the business equivalent of a dragon, the dragon often wins.
In essence, an EIN (Employer Identification Number) is
the business equivalent of a Social Security number.
If there was not at least some chance that your investment would end up in
the business equivalent of a sand trap in golf once in a while the process that is investing would be boring, even if it was lucrative.
Where Thackeray's once stood is now a Costco; the move felt like
the business equivalent of «paving paradise to put up a parking lot.»
I'm sure there's no white hat vs. black hat going on here, and while I wouldn't go so far as to say «A Pox on both their houses», if one got
the business equivalent of Chicken Pox and the other got
the business equivalent of Shingles I'd be ok with that.
It's
the business equivalent of getting VC funding and then just using it to buy lottery tickets.
Face 2 Face Networking is
the business equivalent of speed dating and is held three times a year in the Chamber meeting room.
Part of the silence, people in the industry say, comes from a desire to avoid
the business equivalent of bad karma — knowing that they, too, may one day face the buzz saw of public censure.
Think of it as
the business equivalent of going retro.
Eventually, we'll all get used to it, Martin says — especially since many of the tasks AI will take over are
the business equivalent of household drudgery: «You never hear anyone complain about the invention of the dishwasher.»
These outfits are
the business equivalent of the NRA's about 5 million claimed individual members.
To manage
this business equivalent of having one's cake and eating it too, Trevor Doerksen, CEO of Mobovivo, a Calgary - based video app developer, says simply: «Overcommunicate, overstate and oversimplify.»
Not exact matches
Specifically, giving
businesses a tax break
of up to 15 percent for profits shared worth up to 10 percent
of a worker's annual salary, or a tax credit
equivalent to $ 750 per employee.
That day, total electricity consumption in Scotland — including homes, industry and
businesses — was 41,866 megawatt hours, WWF Scotland said, meaning that wind power produced the
equivalent of 206 percent
of the nation's needs.
Too many
business owners write professional bios that are the literary
equivalent of sleeping pills.
Salesforce defines roughly one - third
of its customers as small
businesses, but the software may be more than you need just now for yours — sort
of the organizational
equivalent of a just - married couple buying a four - bedroom house.
If the majority
of companies had churn rates
equivalent to their detractor rates, they would be out
of business in a month.
The options - the
equivalent of owning a timeshare in a plane - are becoming popular among small -
business owners.
You might be able to get a
business loan
equivalent to 10 percent
of annual gross deposits.
Consuming nothing but sensible
business advice is the learning
equivalent of eating nothing but turkey on whole wheat.
In the
business world, taking investments too early or from unsophisticated investors can be the
equivalent of borrowing money from a Vegas loan shark.
Businesses of all types are becoming adept at learning about potential customers as they go about the online
equivalent of window shopping.
I hear a lot
of small -
business owners use «marketing» as a substitute term for «let's do a mail drop» or its digital
equivalent, «let's blast out an email newsletter to our list.»
That's because the majority
of business owners really only depend on about 20 percent
of their customers for sales, and an
equivalent percentage
of vendors to supply their
businesses, Scriffignano adds.
In contrast, it's a top three provider to 90 asset management clients,
equivalent to just 30 %
of the asset managers it does
business with.
A 2009 BBC article says the ArcelorMittal CEO and chairman, who was born in 1950 to a poor family in the Indian state
of Rajasthan, «established the foundations
of his fortune over two decades by doing much
of his
business in the steel - industry
equivalent of a discount warehouse.»
It's true that the total rate
of business ownership increased by a scant two tenths
of a percent to 6 percent
of the general population in 2014,
equivalent to about 11 million
businesses.
According to the International
Business Brokers Association, a company's value is determined by a compilation
of factors such as sales, earnings, performance, market outlook, personnel, net book value, and the fair market replacement value
of equivalent operating assets.
To safeguard your
business from cash - flow issues, maintain an account balance
equivalent to at least two months
of operating expenses.
The partnership agreement is going to be the
equivalent of your
business pre-nup, and now is the time to think about what happens in the event
of a separation or divorce.
«This holiday season, the undocumented advocacy community got the
equivalent of a new car, and the
business community got a wine and cheese basket,» complained one lobbyist, speaking on condition
of anonymity.
«Many smaller
businesses might be on the cusp
of being defined as a large employer — namely those having 50 full - time
equivalents — and thus being under this law,» says Christine Pollack, vice president
of government affairs for the Retail Industry Leaders Association in Arlington, Va., and a spokesperson for an industry coalition called Employers for Flexibility in Health Care (E-FLEX), which was formed two years ago to fight for changes to the Affordable Care Act.
All
of which makes sense — unless you are the employee
equivalent of Manning, a well - paid superstar with leverage and credentials who knows as much, if not more, about the
business as the new boss does.
While
businesses might think they can procrastinate, employers with at least 50 full - time workers (or the
equivalent) only got breathing room from the delay
of employer - mandate penalties and closely related reporting requirements.
A study by the
Business Software Alliance and IDC found that in 2009 China used the
equivalent of US$ 7.6 - billion worth
of illegal software, an increase
of US$ 900 million over the year previous.
Byron described Wired's balance sheet as «growing worse by the minute, as if some kind
of financial Ebola virus were spreading through the operation... Peel away all the financial razzmatazz and Wired Ventures has turkey written all over it — a
business dependent on the financial
equivalent of an iron lung for continued survival.
NFIB spokesman Kevin Kuhlman explains that seasonal employees count toward a
business's number
of «full - time
equivalent» workers, which might help classify an employer as «large» and potentially subject to penalties.
Last year the Ontario Teachers Pension Fund bought one
of Spain's largest funeral
businesses from 3i Group, a British private - equity firm, for # 117m, and increased its stake in a French
equivalent.
To achieve 4 % sales growth, we need to add the
equivalent of a new Tide brand; to achieve 6 %, the
equivalent of a new P&G Latin American
business.
Those returns were incredibly volatile — a stock might be down 30 % one year and up 50 % the next — but the power
of owning a well - diversified portfolio
of incredible
businesses that churn out real profit, firms such as Coca - Cola, Walt Disney, Procter & Gamble, and Johnson & Johnson, has rewarded owners far more lucratively than bonds, real estate, cash
equivalents, certificates
of deposit and money markets, gold and gold coins, silver, art, or most other asset classes.
Its massive e-commerce
business is also growing, with $ 51 billion in revenue in the first quarter, an increase
of 43 percent from the
equivalent period a year ago.
a person acting on behalf
of a fully managed account managed by that person, if that person (i) is registered or authorized to carry on
business as an adviser or the
equivalent under the securities legislation
of a jurisdiction
of Canada or a foreign jurisdiction, and (ii) in Ontario, is purchasing a security that is not a security
of an investment fund,
When missionaries do sell their
business they often seek to find a buyer like Warren Buffett who will not treat the
business as an opportunity to create the
equivalent of a strip mine.
Currently,
business investment is
equivalent to around 16 per cent
of GDP — not far below its peak level in the past four decades — and is expected to rise a little further over the next couple
of years (Graph 2).
There are many other ways
of allocating a significant portion
of the debt - servicing cost to unwilling agents in the economic
equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small
business owners when assets are expropriated to pay down debt, and so on.
That's why during a recession, you want a lot
of cash, cash
equivalents, or access to money in some way at your disposal in the event that you lose your job, the stock market crashes and you don't want to sell your shares at depressed prices, you suffer a pay cut
of some sort, are disabled, or you own a
business and sales start to drop.
Business Model Design, Product / Service Development, Customer Development, Startup Team - Building, Entrepreneurial Finance, Marketing, Founder Transition, etc. all provide the startup
equivalent of the management tools MBAs learn for execution.