Archive for October, 2008

Raising Taxes is Not Smart Economics: The economy needs as much capital as it can get

The last thing our economy needs right now is for the government to be taking more capital from the private sector and out of our economy. Really, raising taxes is not a smart move – on anyone, or any business. There is no justification for siphoning more money out of our troubled, capital-deprived economy – period!

Politicians who supported the behemoth bailout package – including the two presidential candidates – rationalized that the taxpayer bailout would quickly infuse much needed capital and credit into the economy – into the hands of “Main Street.” Things were stuck, the economic engine was clogged.

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Small Business Tip: How To Solicit A Customer Testimonial

Customer testimonials for your small business can be a valuable marketing tool … if done the right way. But how do you get a customer testimonial that is meaningful?

I’ve found that politely asking long-term clients for feedback works best. When they let you know how pleased they are with the work, ask them if they would mind if you featured their comments on your website or in a brochure.

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Joe The Plumber & The Small Business Tax Issue

When it comes to taxes this election and Obama vs McCain … just what does it mean to be “Joe The Plumber” or any small business owner for that matter?

If the problem we have in the country is a lack of jobs (unemployment numbers have been increasing, but this is one of many issues), should we be increasing the taxes of the job producers (remember Small Businesses create the most jobs in the US)?

Most small businesses don’t have the mythical $250,000 income (though they may make over $120k at which point McCain’s plan would save them more in taxes).

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Business ideas and opportunities evaluation

The best way to acquire something is remaining attached to it closely. If you want to spark up with any idea, you need to have proper knowledge of the market and commerce. You may read books or magazines, or watch TV on business world and the trend running all over. But you need to have practical knowledge in the field you are adapting to. Then slowly you will be able to update yourself in correct predictions.

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Plan your business projects for success

Businesses often fail to see the importance of project planning. Especially new businesses, charged by their enthusiasm and excitement, consider it a waste of time. In reality project planning saves more time than it consumes, it serves as a road map for the project, helping it in getting complete in a smooth and timely manner. Misuse of company’s resources and lots of disputes can be avoided by laying down a plan in advance.

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Secured monetary assistance

Business is an occupation that demands good inflow of cash on a consistent level. However, many times it happens, that a business organization fail to survive in the market due to the mismanagement of its strategies or a heavy economic loss. Hence, to support their existence at such economically distressing situations, the intelligent finance planners have offered the range of secured business loans to the people. These loans are crafted with simple rules and regulations and are capable of offering good monetary assistance to the individuals in need.

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Obama’s Undecided on Key Details of Health Care Plan

By his campaign’s own admission, key details of presidential candidate Barack Obama’s health care plan are not known, or have not been decided.

An October 27, 2008 New York Times piece, “Businesses Wary of Details in Obama Health Plan,” reports on the general fuzziness regarding critical elements that relate to small businesses. Namely, what size businesses would be exempt from Obama’s play-or-pay mandate, the amount that small businesses would have to contribute to their employees’ health coverage in order to qualify for the tax credit, and the size and scope of the penalty imposed if businesses do not comply with the mandate.

According to the article, campaign officials pretty much said that those details have not been determined.

As detailed in the article by writer Kevin Sack — Harvard economist and campaign health care expert David M.

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Proposed Power Plant Regulations

An October 27 Wall Street Journal article points to a possible moment of clarity on the regulatory front.

The piece, titled “EPA to Loosen Controls on Power-Plant Pollution,” reports that the Bush Administration will propose to judge power plant by “their hourly rate of emissions rather than their total annual output.”

The Journal noted: “Under current policy, power plants that make upgrades to operate longer and increase emissions must install pollution-control equipment.

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