Flexible-benefits Plan (FBP) is an employee benefits plan which helps the employees' to save considerable amount of taxes by paying certain expenses from their pre-tax income. Some of the eligible expenses from pre-tax income are medical, vision, dental, elder care, and dependent care. All state employees who get a regular paycheck are entitled to participate in the flexible-benefits plan. Flexible-benefits Plan mainly boasts three components:-...more
I was asked the other day what personality traits I thought were important to entrepreneurial success. I immediately gave my preprogrammed reply about passion and dedication and hard work. After taking some time later to ponder the question a little deeper (I normally operate in shallow waters), I came up with a more detailed checklist for entrepreneurial success. This is by no means a definitive list, but I'd be willing to bet that if you don't...more
A poor credit business loan is designed for a business person or persons with a poor credit history.In the life of a business, virtually all come across a time where extra money is needed for business growth, expansion, a new venture, or paying outstanding bills. Businesses owned and operated by an individual or individuals with a poor credit history are of no exception. The fall back on this type of situation is that it is difficult to qualify for a conventional loan if you are an individual or a part of a business partnership with an individual who has poor credit, and are in need of a business loan. Poor credit business loans are designed especially for business people with a poor credit history. Poor credit business loans apply to both new ventures and existing businesses, and offer the business owner or owners the opportunity to turn around their poor credit rating, while also providing much needed financing for the business.Pros of Obtaining a Poor Credit Business Loan1. A poor credit business loan can offer a business person or business persons with poor credit an opportunity to receive a loan when they may otherwise not qualify for a conventional loan.2. Poor credit...more
Much of business involves inducing people to do what we want them to do. Whether it is to sign a proposal, return a call, set up an appointment, provide information or pay a bill, we are constantly nudging.In business, to exist you must persist. But what happens if your nudgee is flat-out unresponsive? Can you still advance your agenda?In many...more
IntroductionSupervisors must make sure that they shift their focus from the work itself to the people who do the work - supporting their needs, developing their abilities, removing obstacles and making resources available. They need to make the right decisions the first time and keep trial and error learning to a minimum. All supervisors need...more
HOT STOCK PICK FOR THE WEEK:InnerWorkings (INWK) is setting up in a cup and handle chart formation and looking to move higher. InnerWorkings provides print procurement services to corporate clients in the United States, and boasts earnings and relative price strength readings in the high 90's. While its industry group carries an average C rating, its accumulation is ranked a very strong A-. .PAUL'S MARKET COMMENTARY FOR THE WEEK: The attempted terror attacks in London had the market indexes on the ropes for a while Friday, but when things appeared to be under control, they fought their way back to a large extent towards the end of the session. Though most of the week was typified by early gains, which then dwindled away by midday, the indexes closed out the week with slight gains, with the Nasdaq up .6%, the NYSE edging up .2% and the S&P 500 eking out a .1% rise. Last week's undercurrent was the trouble facing the subprime mortgage market, and specifically, its effect on hedge funds. But by next week, much of the attention will likely turn to the upcoming earnings season. While the market remains in a confirmed rally, most of the major indexes— including the Dow, S & P...more
What do the major generals who are leading the war efforts in Iraq have in common with executives and entrepreneurs who are conducting business back home? When it comes to leadership, the answer is probably a lot more than you think.In a recent study...more
In 2005, Berkshire Hathaway bought about a million shares of Lexmark. I haven't followed this story closely, but I assume the stock was purchased by Lou Simpson rather than Warren Buffett. I have only two reasons for believing this: the total...more
Q: I started my business about a year ago and everything is going fine. We're growing and making a profit, but the stress of running the business is really starting to get to me. I spend more time worrying than working. Sometimes the pressure is...more
Business owners with poor credit ratings may find it difficult to obtain a loan for business purposes, such as expansion or to invest in a new product. Because lenders focus primarily on personal credit scores for business loans, you need to focus...more
Network marketing is a business model that has very similar characteristics to franchising. However the advantage that it has over traditional franchising includes a low cost of entry and high potential revenue possibilities.What types of people...more
If you have a problem with cash flow, you might consider finding a company that engages in buying invoices to get you on the right track again. Often, through no fault of their own, small and large companies find themselves in a bind because they...more