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T. S. Eliot



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Featured Taxes Articles

Life Insurance Quote - How Much To Spend & How Much To Get
When a budget is tight it is easy to dismiss the need for life insurance. Lack of knowledge can also make an individual put off purchasing a life insurance policy. And, of course, planning for one's own death and discussing it with loved ones is ...

Navigating the college savings programs
As a parent, the big financial concern with a newborn is how to set aside enough money to assist for a college education. Universities and state governments have developed many different financial savings plans to encourage parents to save money ...

Ten Ways to Get Out of Debt
1) Use your AssetsIf you have assets with some significant equity, such as a home or a car you may be able to use these to get control of your debt. For example, you could get a loan on your home sufficient to pay off your debts. You could be saving a ...




10 Don'ts For Starting A New Business
 
There is a lot to do when you step out on your own. In your enthusiasm, it is easy to be naive - I've been there. Don't let possible detours drain your enthusiasm for your dream. Each of these DON'Ts is a detour you can and must avoid to start your business strong and fast.

It is important to be realistic about what's important and who really will help you most. Strip away the fantasy to ensure your success. Or indeed you will fall among the statistical 4 out 5 new businesses who fail. Forewarned is forearmed. Be successful.

1. Don't hide in your office.
No one knows how good you are until you get out and show them. Use all the face-to-face marketing tools in your kit. Ask me if you need more.

2. Don't be afraid of the phone.
When you are in business, the phone is your friend. It is a lifeline to your customers. Use it wisely. Ask me if you need skills to improve your results.

3. Don't assume your family and friends will be or will refer to you all the clients you need.
They know you as family and friend. Your business will grow exponentially as soon as you start working outside that circle. Don't wait. Reach outside that comfort zone as fast as you can.

4. Don't go it alone.
Solicit the support of others - experts you need (legal, banker, financial, taxes, computer guru, marketing), your best champion, your best friend, a support group of peers, a trainer, a coach, or if you are very self-disciplined, use courses, books, and audio tape programs. I find a combination is best.

5. Don't ignore planning.
You need a business plan, a marketing plan, a budget, a timeline and goals. No one ever wins the Tour de France without knowing where he is going on each leg of the journey.

6. Don't minimize or apologize for starting your business to anybody. Don't let anyone rain on your parade. They may mean well. They may think they are protecting you, your family or your finances from ruin. Follow your intuition.

7. Don't spend a lot of time or money on your business cards/stationary/logo/etc.
The look and content will likely change as you refine your business and your target market semi-annually at least for the next couple years.

8. Don't postpone opening the doors of your business until everything is ready.
Face it, it's a work in progress and will never be done and that's OK.

9. Don't start with your web page.
It's a costly use of time up front. It does not have to be on the critical path. Yes, you need one. But it will not bring sales. It is simply a tool of credibility, like the Yellow Pages used to be.

10. Don't abandon your family and become a workaholic to get your baby off the ground.
Plan time with them; make it as important as that next sale or contract. After all, they have invested sweat equity most likely. So you want them around you when you savor success too.






Taxes News



Governments urged to slash business taxes (Reuters via Yahoo! News)
As Canada's political parties gear up for a possible snap election, a prominent think tank urged federal and provincial governments on Wednesday to use their budget surpluses to continue cutting business taxes.

McCain's economic fix: Lower taxes, retool auto industry (Dayton Daily News)
DAYTON — Sen. John McCain believes he has the key to repairing Ohio's battered economy: energy independence, a retooled automotive industry, continuing free trade policies and lower taxes.

Carcieri owes taxes in Florida (The Providence Journal)
Property taxes on one of the governor’s vacation homes are in arrears — a situation his spokeswoman attributed to a clerical error by the Florida community.

Carcieri owes taxes in Florida (The Providence Journal)
Governor Carcieri acknowledged yesterday that he and his wife, Suzanne, owe more than $12,000 in back taxes on one of their three vacation properties.

UK paying £19 billion 'too much' in green taxes (Politics.co.uk via Yahoo! UK & Ireland News)
The UK is paying £19 billion too much in green taxes, according to the Taxpayers' Alliance.