The 401(k) retirement plan is funded by employee contribution and a matching employer contribution. The major feature of the plan is that the contributions are taken from pre-taxed salary. The fund accumulates tax-free until it is withdrawn. Most businesses and tax-exempt organizations can create these retirement plans.The 401(k) takes its name from the IRC (Internal Revenue Code) of 1978. The operation of the 401(k) is administered by the EBSA...more
The IT revolution can still change the destiny of Pakistan, but will require a readjustment of the sights. This readjustment will require her to work with what she has, and not what she currently doesn't!Pakistan has been unable to produce software developers in increasing numbers, but does possess skilled workers in reasonable numbers in other fields that can provide services to clients all over the developed world through the Internet. These...more
Raising money for your business can be very challenging especially if you are not the type of person who is comfortable marketing your business ideas. If you are one of those people who are not really very good at communicating you ideas verbally, it would be a good idea for you to spend a lot of time and efforts in preparing your business presentation to make sure that you have everything under control. When it comes to preparing your business presentation, you may need to the help of a business presentation expert just to make sure that you are able to get your points across clearly. Always remember that first impressions count when making business presentations so be sure to create a good impression in your potential investors.When preparing your presentation for your meeting with the investors, make sure that you do not just present your business ideas, you should also them the potential profit that you can derive out of this business idea. Always remember that investors are very much concerned about profits so given them an idea of how you will mostly likely to earn and how it will take you to achieve this goal. Be realistic in your projections. Note that the investors will...more
The typical American household budget percentage breakdown looks like the list below. For most of the categories a range is shown. A range makes more sense to help you see where your personal budget fits (or doesn't fit.) If your budget doesn't fit the typical American household budget, rejoice! The average American household budget is jacked up -...more
Do you want a solution to all your financing, accounting and bookkeeping problems? If yes then New Jersey Bookkeeping is your destination for inclusive financing, accounting and bookkeeping outsourcing services. Bookkeeping and accounting are the simplest processes that a company can contract out to another. The best thing about being a part of New...more
The problem with some business ideas is their cost. To manufacture and market a product you have invented could cost you millions of dollars. The investment in machinery, buildings, inventory and other expenditures could bankrupt you before your first sale ever occurred.For this reason, many prefer to run a paper business. Paper businesses do not require large investments of capital for expensive equipment, inventory, and buildings. Many paper businesses can be run from your own home.A paper business is a business that can be operated mainly using pieces of paper, such as contracts, invoices, shipping documents, et cetera.Here are some excellent paper businesses that you can operate.1. ConsultingConsultants charge large fees for their knowledge, expertise, skills, connections, experience, and other assets. This business can be operated from home with little more than standard office equipment and supplies.Consulting is a paper business because your product is an intangible service. Your results are often summarized in a written, paper report and you use written contracts to protect your interests.2. FindingA professional finder finds something needed by a business or individual for...more
Nuptial knots, although, are solemnised in the heaven, materialistically on this beautiful earth. Everyone, always, wish to perform a plush wedding in which one may show his status in the society. Today, in the UK, at least ₤ 17,000 to 19,000...more
Everybody needs credit and it is no different for a business. When establishing a businesses credit the first step is usually to get a business credit card. Business credit cards often differ from credit cards for personal use. It is good to know...more
A second mortgage can be the first step to climbing out of debt, especially for homeowners who have bad credit. A second mortgage is a loan taken out in "second position" on a property that already has a mortgage. There are fixed-rate loans,...more
Credit card companies are becoming very competitive. With the use of credit cards becoming an everyday part of life, credit card companies are scurrying to get your business. Many credit card companies have teamed up with other companies to offer...more
Do you need to start or grow your business but have little money? Before you look to banks and similar sources of financing, why not bootstrap your way to business success?A bootstrap is a small loop of leather or other material that is found on the...more
Starting and operating your own home based business is the ultimate tax shelter.Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions.1. Non-Deductible Personal...more