Search results “It issues for small business”
11 Biggest Challenges for STARTING a Small Business
Before starting a small business, take one look on 11 biggest challenges for starting a small business. Also, take one look on top 10 business tips before you start business - https://youtu.be/wxyGeUkPYFM In this video i am going to explain the 11 biggest challenges which is most important for starting a small business in 2016. If you are planning for new business start up then, here is a list which is very important. 6 Steps to Start a Wedding Planning Business - https://www.youtube.com/watch?v=zaHB_B2abRE 3 Steps to be a Successful Business Owner - https://www.youtube.com/watch?v=gnQpysEx_k0 20 Quick Questions Before Starting a Small Business - https://www.youtube.com/watch?v=-ijOVqrZ2hc 11 Superior Steps to Write a Small Business Plan - https://www.youtube.com/watch?v=7h5r5UEGBTg Top 10 Small Business Marketing Tips for Entrepreneurs - https://www.youtube.com/watch?v=4eJVrQGJ8F4 22 Massive Mistakes Small Business Owner Makes - https://www.youtube.com/watch?v=WPRD7pvFANg Top 10 Small Business Tips for Entrepreneurs - https://www.youtube.com/watch?v=raKk3f_6t2g 7 Simplified Steps to Start a Small Business - https://www.youtube.com/watch?v=KX9AyW5X-ms 11 Biggest Challenges for Starting a Small Business - https://www.youtube.com/watch?v=Va9h0pEjSJQ Top 10 Small Business Ideas without Investment - https://www.youtube.com/watch?v=-rdl9sWxOew 1. Business Money Shortage of capital & cash flow. 2. Do you've proper business plan? 3. You must have great product or service for starting a small business. 4. You must need to stick with your business in tough conditions. 5. Are you able to give your 100% to your business? 6. Be motivated when you are in frustration or rejected by customers. 7. Do you have skill for hiring good employees? 8. Learn about which time is best for fire bad employees. 9. You have to wear so many hats. 10. Do you've skills for time management? 11. You have to give your time with your family and work. Meanwhile you have to be balanced with your life and work. Music credit Elvish Presto by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://www.twinmusicom.org/ So, these are the top 11 biggest challenges which you need to face for starting a small business. If you've any questions on starting a small business then, feel free to dissuss with us.
18 Mistakes That Kill Startups [Small Business Startup Mistakes]
Introducing 18 Small Business Mistakes That Kill Startups. Small Business Startup Mistakes. Starting a New Small Business? Must Watch this video. In this video I've covered 18 big mistakes of failed entrepreneurs. If you are getting any issues in your small business then, try to recover these mistakes and start your new business by correcting these all small business startup mistakes. 18 Mistakes That Kill Startups 1. Single Founder 2. Bad location 3. marginal niche 4. derivative idea 5. obstinacy 6. Hiring bad Programmers 7. Choosing the Wrong Platform 8. Slowness in Launching 9. Launching too early 10. Having no specific user in Mind 11. Raising too little money 12. Spending too much 13. Raising too much money 14. Poor investor management 15. Sacrificing users to profit 16. Not wanting to get your hands dirty 17. Fights between founders 18. A half hearted effort If you've any questions regarding on small business startup then, feel free to leave your comments in below comment box. Also, share your small business ideas and startup ideas with our team and viewers.
Top IT issues for the small business owner and how to SOLVE them
Expert business broker Joe Vagnone talks with his brother Mike Vagnone from Wincourse Technologies about the IT issues faced by small businesses AND how to SOLVE them.
Views: 33 Local Biz Now
Problems Small Businesses Face - Your Answers To (3) Common Issues
http://www.becomewealthystartingtoday.com – Problems Small Businesses Face What are some of the problems small businesses face? The three most common issues that I encountered while owning five (5) different companies over a 30 year business career were 1) How best to utilize my time 2) Understanding the financial side of my business and 3) Making sure my sales force was in regular contact with our customers and continuing to try to develop new customers. Problems small businesses face can vary from industry to industry but I believe these three (3) problems exist at every business. That is why I shot this quick video to share my experience with others. I hope you find some value from this video. If you’re interested in knowing how I discovered the blueprint to my lifelong dream (time freedom), please feel free to check out my link above. https://www.youtube.com/watch?v=K_YemsruCf4
Views: 274 Chris Thompson
How to grow your small business faster in 2017. ANIMATED video to Grow Your Small Business in 2017. Also, watch 6 SECRET Steps to SUCCESS - https://www.youtube.com/watch?v=OWXM631DqXI If you want to grow your small business in this new year then, you should need to consider all things which is mentioned in this video. If you've any question regarding on small business startup and issues then, feel free to leave your thoughts and questions in comment box. I made this video to help all young entrepreneurs who are looking for good educated information to establish those great business. If you love our video then, don't forget to share your review about our video creation, like our video and if you are new to our channel then, please subscribe us to support us. We want to make a big community of young entrepreneurs in this world. So, try to contribute yourself by subscribing our channel. So, thanks for watching how to grow your small business faster in 2017 - Animated Video.
Why 90% Small Businesses Fails? [Failure Vs Success]
Do you know! Why Small Businesses Fails? According to internet research, we found 90% of Small Businesses Fail because of following reasons. Failuer of small business is totally depended on startup mistakes. Why 90% Small Businesses Fail? Failure Vs Success 1. You've started small business just for making money. Not for your passion. If you've passion then, convert it in business. 2. Poor Management. 3. Insufficient capital. 4. You've selected wrong location. 5. Lack of planning. 6. Over expansion. 7. Not having professional, good looking and optimized website. 9 TIPS TO GET SUCCESS. 1. GET ORGANIZED. 2. KEEP DETAILED RECORDS. 3. ANALYZE YOUR COMPETITION. 4. UNDERSTAND THE RISKS & REWARDS. 5. BE CREATIVE. 6. STAY FOCUSED. 7. PREPARE TO MAKE SACRIFICES. 8. PROVIDE GREAT SERVICE. 9. BE CONSISTENT. Most of all small businesses go through few of these mistakes and get many issues on those business growth. If you've any questions on small business or small business startup then, leave your comments in comment box.
Small Business Computer Network Basics
Small businesses have some of the same IT issues and objectives as large businesses. Start with the basics and build your network from the ground up. These are the four basics we discuss with all customers. Firewall, Antivirus, Data storage, Backups.
Views: 59111 dlewien
Spotlight on IT issues for small businesses
There's no debating IT is at the heart of the majority of small businesses in the UK these days; not only from the way in which we run our businesses day to day, but also increasingly in the way we engage with customers. But the reality is that most small businesses don't have a specialist IT department dedicated to making sure this most crucial side of the business runs smoothly. Often it's left to the business owner to give employees basic training in everything from everyday use to codes of conduct and security procedures, the last of these being increasingly important as hacking and online fraud become more targeted at small businesses. Despite this new research shows that businesses spend more money on things like tea bags than they do on IT security. Establishing an IT code of conduct is more important than ever, especially now that many employees are working remotely using laptops and a range of mobile devices. How do you make sure your systems are safe when your employees are not even at their desks? Bryan Verster from Entrepreneur Country, a community of entrepreneurs and small business mentors work with many SMBs to help them overcome common issues in their quest for growth and prosperity. Log on to our web TV show where Bryan talks about how to get your employees IT skills up to scratch to help them help your business grow, while Robert Gorby from AVG gives his top IT security tips to make sure your business is safe today and stays safe in the future.
Views: 91 BroadcastExchange
How To Avoid 3 Common Legal Mistakes Small Business Owners Make
Disclaimer: This video and accompanying content (blog, Youtube descriptions, etc. herein referred to as "Content") is for informational purposes only and should not be construed as legal advice of any kind. Jo-Ná Williams and J.A.Williams Law, P.C. assumes no liability for use or interpretation of any information contain in this Episode or this document. This Episode should not be an alternative to obtaining legal advice from a licensed attorney in your state based on the specific facts of your legal matter. Jo-Ná Williams is licensed to practice law in the State of New York only. C'mon over to http://www.marieforleo.com/2014/05/small-business-legal-help/ where the main discussion happens after the episode! Legal help can be confusing if you run a small business, but in this video you'll learn about three common legal mistakes small business owners make -- and how to avoid them. 1. Business Structure. Should your business be an LLC or S Corp? Get legal help from a lawyer about what option is best for your business, since they can help you figure out what will be best for your taxes as well. Many people think that a lawyer is going to cost a lot of money, but most people would rather pay for solving a problem than preventing one. 2. Protect Yourself And Your Offerings. It's very important your terms are outlined in something written. Make sure that your contracts have protection for your IP, disclosure of your programs and content, clear terms as to refunds and how to terminate the contract. It's also important to make sure your contracts have disclaimers in them. It's important to have what you are in the contract but even more importantly what you're NOT. Legal help from an attorney will show you exactly what your contracts and terms should include. 3. Your Business Relationships. An independent contractor's agreement serves as additional proof that you have this arrangement with the people working for you. In this type of agreement, you should outline their duties, how they are being paid and when. A non-disclosure clause protects your confidential information, and explains the fact that they're an independent contractor and not an employee. And a final bonus tip: If you are in the U.S. and you pay an independent contractor over $600, you're going to have to issue them a 1099. Make sure you have their W-9 form when they come on-board so you don't have to try and get it from them later! If you enjoyed this video, subscribe to our channel and sign up for your free weekly business and life advice at http://www.marieforleo.com. And if you're interested in more videos on next level business growth like this one, check out our YouTube playlist on that exact topic here: https://www.youtube.com/playlist?list=PLD87A632CFD5449B5. Thanks for watching! My YouTube channel: http://www.youtube.com/marieforleo Legal Help on my website: http://www.marieforleo.com/2014/05/small-business-legal-help/ Legal Help on YouTube: http://youtu.be/zahVagoP3SU
Views: 114263 Marie Forleo
BE Smart & Start Marketing. How to market your small business in 2017. BOOST Small Business NETWORKING - https://www.youtube.com/watch?v=RIbySldxFKo So, let's talk about this How To market Your small business in 2017 video. Learn 7 important things about how to market your small business in 2017. In this video, we've covered many aspects about which marketing strategy is best for your small business. Also, things you need to do and not is also covered in this video. Well, Starting and growing a small business is easy to learn but, when you go for implementing those all things in real life then, you found many issues. Thats why we are here for solving your issues. You can ask your marketing questions on our forum - http://www.youngentrepreneursforum.com/ Also, our videos are totally targeted to all new entrepreneurs or young entrepreneurs, so, we must suggest you to subscribe our young entrepreneurs forum and don't forget to use notification button to get updates in future. Thanks for watching how to market your small business in 2017.
How Regulations Hurt Small Businesses
What do McDonald's, 7-Eleven, and Subway have in common? They're all franchisors that license franchises to small business people, who in turn employ countless Americans. But the federal government is endangering this hugely successful business model. Learn how in this short video. Donate today to PragerU! http://l.prageru.com/2ylo1Yt This video is part of a collaborative business and economics project with Job Creators Network. To learn more about JCN, visit https://www.jobcreatorsnetwork.com. Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Government regulations and rules sometimes help level the playing field for businesses. But in other cases, unelected bureaucrats can hurt businesses that are creating jobs for you and me. New rules coming out of Washington may hurt franchised businesses. When it comes to business ownership, you often hear the terms franchisee and franchisor. A franchisor is like Subway Sandwiches. They own the brand and license it to small business people who might own one or two stores. There are literally thousands of franchisors in many different industries. Currently, if you want to open a franchised restaurant or retail store, you sign a deal with the franchisor (the company that owns the rights to the name, menu or products, and business model). The franchisee pays for those rights and agrees to maintain quality and follow certain standards. However, the franchisee is a separate business that makes its own decisions on who to hire, how much to pay, and what benefits to offer. This system has worked really well, creating more than 770,000 small businesses and supporting more than 18 million direct and indirect American jobs. Importantly, minority franchisees make up 20% of those businesses often locating in minority communities and employing minorities in those communities. Right now the National Labor Relations Board, a group of unelected bureaucrats, is trying to redefine the relationship between franchisees and their corporate partners (the franchisor). The idea is to make the bigger company and the smaller companies jointly liable for employee complaints and other legal issues. If the National Labor Relations Board successfully redefines the relationship between franchisees and franchisors, there may be far fewer new businesses and the jobs they create… because franchisors will be much more hesitant to give inexperienced people a chance at opening a franchise. After all, why would they want to be in any relationship where they were responsible for thousands of decisions made by smaller companies every week. And franchisees didn't risk their life savings to open a business, only to find out they now essentially work for the franchisor. Botton line: this new definition slams the door shut on one of the proven paths to break into the business world. Make Sense? Sometimes Washington needs to understand “if it’s not broken, don’t fix it.” Now that makes sense.
Views: 251133 PragerU
Top 30 Best Small Business Ideas for Women in 2017
Wide collection of top 30 best small business ideas for women in 2017. Best business ideas for small business startup in 2016. Read more for more ideas. Mega collection of Top 85 Best Small Business Ideas that helps you to find out best unique idea for starting new business in 2016. Top 20 Best Small Business Ideas for Beginners in 2016 - https://www.youtube.com/watch?v=G0dzLanYW1E Top 40 Small Business Ideas in India - https://www.youtube.com/watch?v=z_IvoZQkcgs Top 15 Best Small Business Ideas to Start your small business - https://www.youtube.com/watch?v=VlotQmjVork Top 10 Profitable Small Business ideas in 2016 - https://www.youtube.com/watch?v=07fsKAG5kZc These all small business ideas are very helpful for starting your own business in 2016. Also, in this video description, i want to share some information about before starting your small business. 1. You've to understand about which type of business company you want to create. Sole trader or limited company? 2. If you found your best business idea then, you need to check the present competition on local market and internet. 3. Now start researching and finding which type of audience you need to target? 4. Are you professional skilled and talanted in that business, which you want to start? Pay yourself and learn some new creative things to provide better service to your audience. 5. Finding a real and attractive business company name is one of the most challanging. Because, people remember only good pronouncing names. 6. You need to create your online website for your business, services and products. 7. If you are working professional then, you must need funding, an accountant and special business plan. 8. You can findout potential partners for your small business. If you are getting any issues from these all 30 best small business ideas then, feel free to comment below. 9. The most important task is licensing & legal issues. Also, find the best business bank account for your professional fund transfer. 10. Your company must be covered by insurance policies. 11. If your employers or workers are confused about your business then, you need to arrange the skill traning and experience coaching classes. 12. Your small business should be connected with top modern technology devices and softwares. 13. Personally you must need mentors to increase your motivation, self esteem and empower of your attitude. 14. If you find your success path in your small business then, this is time to quit the full day job and stay focused on your small business. So, these all small business tips helps you to start your small business. Also, if you've any doubt on these all top 30 best small business ideas for women's and men's then, feel free to comment below.
Technology Issues Affecting Small Business and Impact on IT Channel
Technology solutions (IT) for small to medium businesses (SMBs) are supposed to save time and money. However, Anurag Agrawal describes a technology issue that SMBs and IT channel partners are facing today. IT solutions are now creating more problems and introducing more confusion for small businesses. With platforms such as cloud computing and rapidly growing mobile devices, it's a "mad, mad world" for small businesses as they try to understand the ever changing technology. Anurag, founder of TechAisle (www.techaisle.com).shares his insight as a leading SMB analyst. His experience in the SMB IT channel includes guiding technology vendors and the IT channel / solution providers (MSPs, VARs, IT Professionals). His recommendations will help business owners and the IT tech vendors and channel partners who serve this market with actionable advice. Recorded by Grant Wickes, principal of Wickpoint Management Services (www.wickpoint.com) and vp business development of Wasp Barcode (www.waspbarcode.com) during the SMB 150 awards held May 16 2012 in Los Angeles. Recorded completely using "Gadgets on the Go" technology (iPhone based setup), edited with iMovie on iPad and posted to YouTube.
Views: 464 Grant Wickes
Big Government Kills Small Businesses
Small businesses employ over 57 million Americans. And yet, the government's taxes and regulations overwhelmingly favor big businesses at the expense of small ones. Why? Find out in this short video. Donate today to PragerU! http://l.prageru.com/2ylo1Yt This video is part of a collaborative business and economics project with Job Creators Network. To learn more about JCN, visit https://www.jobcreatorsnetwork.com. Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: We hear a lot about large companies in the news, but small business is the engine of the U.S. economy. America is home to more than 28 million small businesses that employ 57 million workers. And when you add owners and employees together, that’s a community of roughly 85 million hardworking Americans dependent on the success of small business—most of the private-sector workforce. Small business owners are America’s most important job creators: U.S. small businesses accounted for almost two-thirds of the net new jobs created between 1993 and 2013—a grand total of 11.8 million new career opportunities. In 2012, small businesses created more than 2.1 million net new jobs. Small businesses are the country’s main job creators because they are often growing and looking for new markets to expand. To do so, they need additional employees along the way. Large businesses, on the other hand, generally stay the same size, hiring new employees to replace departing ones. Unfortunately, high taxes and recent government regulations in health care, finance, and labor disproportionately hurt small businesses and prevent them from growing and adding new jobs to the economy. Big business with big profits can afford to comply with red tape in a way that small businesses just starting out cannot. As a result, small businesses still haven’t recovered completely from the Great Recession—and it shows by the chronically weak labor market. More than 94 million Americans are not working or actively looking for jobs. The labor force participation rate—which measures the percentage of employees and job-seekers in the U.S.—is less than 63 percent, the lowest figure since the late 1970s. To bring small businesses back, and strengthen the job market, job-killing taxes and regulations must be rolled back. Job creators should be encouraged to hire more employees, not forced to reduce career opportunities. With 85 million people depending on the success of small business, it’s easy to see why small business is too big to fail.
Views: 337209 PragerU
The most expensive and most common network security issues for small business
This short video summarizes the most expensive + most common network security issues for small business.
Views: 27 TUCU
Cash Flow - Causes of Cash Flow Problems
As this short revision video explains, there are a variety of causes of cash flow problems. However, the most common cause of long-term cash flow issues is the lack of profits in a business.
Views: 12112 tutor2u
Legal Issues for Small Businesses
A discussion of some of the most common legal and regulatory issues facing small businesses, such as the difference between sole proprietorship, an LLC or a corporation, a partnership, a C corporation vs. an S corporation, etc.
Views: 106 Bazar & Grasso Law
Small Business Issues | Shauna Sylvester for Mayor
Shauna listens to the concerns of small business owners like Paul LeBlanc, Owner of Fast Signs.
Views: 249 Shauna Sylvester
Issues Log Excel Template - Project Management for Small Business
GET THE Issues Log TEMPLATE: http://smallbusinesschampionbundle.com Project Management Template is available to Small Business Owners and Analysts. Improve accountability for your company's projects by tracking due dates and task ownership SUBSCRIBE! http://www.youtube.com/subscription_center?add_user=MrRickGrantham FREE EBOOK: -Small Business Champion- http://rickgrantham.com/smallbusiness-champion-optin.html Rick Grantham's personal website: http://RickGrantham.com Rick Grantham's personal accounts -- http://www.linkedin.com/in/rickgrantham -- http://plus.google.com/116899263090134176958 -- http://www.facebook.com/AuthorRickGrantham -- http://twitter.com/BIStrategyGuy
Views: 4154 Rick Grantham
Challenges To Starting Your Own Business
Thinking of starting your own business? Here are a few challenges you will face.
Views: 2772 Irish Taylor
Top 10 Small Business Tips for Entrepreneurs
You've to face many issues, when you start or run a small business. So, top 10 small business tips for entrepreneurs helps you to grow your small business. 11 Simplified Steps to Start a small business - https://youtu.be/KX9AyW5X-ms These all tips are based on small business owners who wants to grow those business empire by implementing some tips and tricks on those well established business. So, i must recommended you to watch this video and share with your friends who wants to grow those business. 6 Steps to Start a Wedding Planning Business - https://www.youtube.com/watch?v=zaHB_B2abRE 3 Steps to be a Successful Business Owner - https://www.youtube.com/watch?v=gnQpysEx_k0 20 Quick Questions Before Starting a Small Business - https://www.youtube.com/watch?v=-ijOVqrZ2hc 11 Superior Steps to Write a Small Business Plan - https://www.youtube.com/watch?v=7h5r5UEGBTg Top 10 Small Business Marketing Tips for Entrepreneurs - https://www.youtube.com/watch?v=4eJVrQGJ8F4 22 Massive Mistakes Small Business Owner Makes - https://www.youtube.com/watch?v=WPRD7pvFANg Top 10 Small Business Tips for Entrepreneurs - https://www.youtube.com/watch?v=raKk3f_6t2g 7 Simplified Steps to Start a Small Business - https://www.youtube.com/watch?v=KX9AyW5X-ms 11 Biggest Challenges for Starting a Small Business - https://www.youtube.com/watch?v=Va9h0pEjSJQ Top 10 Small Business Ideas without Investment - https://www.youtube.com/watch?v=-rdl9sWxOew You're free to use this song and monetize your video, but you must include the following in your video description: Carefree by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400037 Artist: http://incompetech.com/ If you have any question or suggestion on small business or how to grow small business then, share your thoughts about small business experience.
50 Small Business Ideas in India for Starting Small Business
Introducing 50 best small business ideas in India for 2017. Starting a small business in India is now trending topic for all young entrepreneurs. So, start your small business by watching these 50 small business ideas in India. Do you want to start small business in 2017? Are you having issues for finding perfect profitable small business idea? then, do not worry about it. These 50 small business ideas in india video helps you to find out the best small business in your local area. If you are searching for online small business idea for your new startup then, you will get more ideas in this video. Well, apart from this video, In this video description i am sharing some informations that might helps you to grow your small business in 2017. Are you beginner in small business? then, watch these 20 best small business ideas for beginners in India - https://www.youtube.com/watch?v=G0dzLanYW1E&t=1s 1. Come with startegy when you are new in any type of small business. 2. Innovation is must required key to generate huge amount of profits. 3. Ideas are hard to come in your mind. But, when you get any new idea on any subject then, write it down in any paper. 4. You started your business, now what to do! Analysis is the key for small business success. 5. Opportunities never comes daily. When you found any opportunities in your business then, try to grab it and use that time or things. 6. Find out and analyze present market with proper planning. 7. Try to improve well communication in your business team. 8. Customers are king. We all know it. So, you have to provide high quality service to your customers for maintaining your business for long run. Do you want to start business in 2016-17? then, watch 20 best small business ideas in India to start business for 2016-17 - https://www.youtube.com/watch?v=RW86PyeKkA8 What is the key to business success? Are you living in small town in India? then watch 9 small business ideas in India for small towns - https://www.youtube.com/watch?v=PTdUuQUj7eQ Well, 10 open secret for small business success in single words. 1. Innovation. 2. Inspiration. 3. Focus. 4. Teamwork. 5. Education. 6. Motivation. 7. Training. 8. Goal. 9. Vision. 10. Creativity. These 10 open secret words are very important in any small business. So, i strongly recommend you to focus on your small business with some hard work in smart direction. Do you want to start business as student? then, watch 7 small business ideas for students - 100% risk free small businesses - https://www.youtube.com/watch?v=IalTDpaVDKw Life of Riley by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400054 Artist: http://incompetech.com/ Also, if you've any questions on any small business ideas in India then, you can leave your comments in comment box. Thanks for watching top 50 best small business ideas in India for 2017.
Top 3 Small Business Issues in 2015 | NFIB
The biggest challenges small business owners face this year are healthcare, tax compliance and federal regulations. Learn more: nfib.com/topissues
Views: 270 NFIB
Start-up challenges: Nicolas Kint at TEDxUHasselt
Many people are dreaming of building a company from zero which...
...Disrupts a traditional industry
...Without large capital needs
...With a potential world domination scenario. However, that's not going to be easy. In this talk, Nicolas Kint shares the challenges he faced during his first year as a start-up entrepreneur. Nicolas Kint is Chief Parking Facilitator at Carambla and a passionate business developer with experience in IT project management. At the age of 20, while finishing his studies in Leuven, he co-founded Academics For Companies, a Junior Enterprise and student organization (NPO) providing consultancy to SME. After working for one- and a half years, he decided to leave the company for his own startup, Carambla, which he co-founded in October 2011. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 5271 TEDx Talks
7 Challenges Every Family Business Faces | MSNBC Interview
Greg Alexander, CEO of SBI, provides valuable input on dealing with common issues a family business may encounter. 01:10 Evolving the family owned business: old school vs. new school 03:16 From traditional to digital: how formal should the transition be? 04:09 How do you separate work from the dinner table? 04:50 What should small businesses do to acquire credit? 06:38 Can you market to various demographics with one message? 08:20 How do you save money on health benefits? 09:56 How do you evaluate employees when you aren’t in the office? SBI TV Episode Summary: Greg Alexander is joined by Phil Town and Max Ramberg to discuss common problems a family business may encounter, especially when related to a clash between the technology-based incoming generation and the older generation with years of business management. They then discuss how to transition from that “old school” to “new school,” not only people but also technology. Next, the panel answers questions from several small business owners. Questions include how to get credit for their company in the poor economy, how to market to various demographics with one business strategy, and how to save money on your employee’s health benefits. Finally, they discuss evaluating and grading your employees in order to measure performance and properly reward the employees, despite a busy schedule. Are you ready to make your number? SBI is a firm comprised of former sales and marketing leaders who spend every minute of every day thinking about one thing: Making Your Number. We are a firm drawn to companies with aggressive goals and unreasonable timelines because we enjoy working on projects with a lot on the line. Our business is built to over-serve a small number of clients. We are not trying to please everyone, and we always put our money where our mouth is. Because of this, we tend to develop deep and long lasting relationships with our clients and coworkers that extend beyond the office. To learn more about our proven six-step growth methodology process or to get in contact with us, please visit https://salesbenchmarkindex.com/.
Views: 13694 SBI TV
Why Wix Websites are Bad for Small Business
Hi. My name is Tony Guo. I own several startups in Humble Texas. I live in one of the poorest towns in America. But I get by with hard work and determination and Startup Grit. Follow me on my Startup Life. I'm an entrepreneur and CEO of RunRex, a web consulting firm. I graduated NYU with honors and a biology degree. I passed the Patent Bar exam when I was 21. I graduated William and Mary Law School and passed the New York Bar Exam. But my love is digital marketing. I own 6 companies : https://guttulus.com/ - Personal Blog. http://bitgale.com/ - Photography. http://ppchire.com/ - PPC. http://pandapatent.com/ - Patent. http://mtglion.com/ - Magic the Gathering. http://runrex.com/ - Marketing. You can also find me on linkedin. https://www.linkedin.com/in/tyguo I look forward to sharing my experiences with you!
Issues small businesses will face in 2014
Sixcia Devine offer 6 solutions to issues small business will face in 2014. ww.sixcia.com 6 Issues small businesses will face in 2014 1. Content Marketing Dominates To position your business as an expert resource, you need to create content that speaks to your audience, helping them determine the best route to take. What this means for small businesses is that you need to have a blog if you don't already have one and you must keep adding new, fresh content regularly. Blogs convert readers into buyers. 42% of consumers look to blogs for information about potential purchases; 52% say blogs have impacted their purchase decisions. According to Hubspot's 2013 State of Inbound Marketing, almost 80% of marketers with a company blog have acquired new customers. 2. Integrated Marketing Plan Now with all the varying online activities - email marketing, social media marketing, content marketing, mobile marketing, search marketing - you need one place where you define what you will be doing and in what time frame. 3. Mobile If your company hasn't gone mobile yet, 2014 is the time to do so. More and more customers are relying on their mobile devices for research and purchasing; failing to accommodate that could ultimately lead to failure of your business. 4. Innovation Just keeping your head above water is tough for many small businesses, but you also need to find the time and budget to innovate new products and services as well as new marketing strategies. How will you balance your current offering with innovation in 2014? 5. Time Time is a constant struggle for small business owners. You need time to operate your business, time for friends and family, and time for you. Find your "me" time in 2014 by developing a strategic approach to overcoming the year's challenges. 6. Simplicity in Marketing CHeck out www.sixcia.com for more information on growing your business today!
Views: 562 Sixcia Devine
Small Business Essentials Keynote: Gear Up for Growth
Small and medium businesses (SMBs) drive today's innovation and economic growth. Salesforce is here to help you solve today's issues and prepare for tomorrow's growth. Learn how to find the right customers with Pardot, win more deals with Sales Cloud, and keep customers happy with Service Cloud so you can grow faster and be smarter than ever. Join us to hear from top executives at inspiring companies Stella & Dot, Code.org, and Kabbage as they showcase how they're leveraging the latest innovations from Salesforce, such as Einstein and Lightning, to transform their business operations and customers' lives.
Views: 1887 Salesforce
THE ADMIN GAP  - 3 most common admin issues in small business today
THE ADMIN GAP® - 3 most common admin issues in small business today
Views: 30 L Yip
The Biggest Challenges Faced by Small Firms (Lens #006)
In this episode of Lens, Sam talks to LegalShield Elevate attendees about the biggest challenges they face in their law firms. Join your tribe. Grow your firm. Become a part of the Lawyerist community at https://lawyerist.com/insider/ Subscribe to our channel on Youtube so don't miss an episode: https://www.youtube.com/lawyerist?sub_confirmation=1 Take the Small Firm Scorecard at https://lawyerist.com/scorecard/
Views: 217 Lawyerist.com
Biggest Challenges Facing Small Businesses
On May 15th, 2014 the New York Fed convened business organization leaders and regional policymakers for "Filling the Gaps: Summit on Small Business Credit Innovations," a summit on how to maximize opportunities from credit innovations and minimize risk. Summit speakers featured non-bank lenders like LendingClub (peer-to-peer lending), PayPal (e-commerce lender) and CAN Capital (largest merchant cash advance funder), along with traditional lenders like American Express and JPMorgan Chase. Highlights from the conference conversations: + State of the Market and Credit Opportunities + New Products from Traditional Sources + New Products from New Players + Credit Strategies for the New Market More information from the Summit: http://nyfed.org/smallbizcredit New York Fed's 2013 Small Business Credit Survey: http://www.newyorkfed.org/smallbusiness/Fall2013/
Views: 411 TheNewYorkFed
Top Legal Issues Facing Small Business - From Lawyer's Perspective | NFIB Webinar
www.nfib.com/webinars/top-legal-issues In this webinar we tackle common legal issues that face most small businesses by tracking the life-cycle of a fictional small business. From inception to retirement, learn how to protect your business.
Views: 389 NFIB
Legal Issues for Small Businesses
What every small business owner should know about legal issues. Chris Green a respected small business lawyer speaks on Business Structures in BC and making the right choice on thngs like incorporation etc.
Views: 361 Pesi Unwalla
Small Business Boot Camp: 10 Online Business Laws and Nuances to Address for Ecommerce Success
It’s wise to research restrictions, regulations and just general red tape involved in opening an online store. Understanding these issues ahead of time will help you to plan wisely, likely saving you time, energy and money. Watch this week’s sell more video to help you leapfrog the competition by truly understanding the obstacles that lie ahead for your product or service idea as well as your ecommerce business. Check out the full blog post to learn even more! Have questions? Tweet @Bigcommerce, we’re here to help! #sellmore
Views: 3957 BigCommerce
Small Biz Spotlight: Challenges of Running a Small Business | Vistaprint
What’s it like to run your own small business, and what challenges can you expect during the first years of setting up shop? We met up with James from Wick & Tallow, Sinclair from Maids to Measure, and Sarah from Make do and Mend to hear about their experiences as small business owners in the UK and some of the lessons they’ve learned. Vistaprint empowers millions of small business owners with affordable marketing products to make the right impression. Visit us at: http://vistaprint.com http://facebook.com/vistaprint http://twitter.com/vistaprint
Views: 344 Vistaprint
Human Resources issues, Expert Panels, Small business advice and more @ the PBN
Marion Whalan National Manager, Workplace Relation and Small Business and member of Pharmacy Business Network Committee explains why she thinks pharmacy staff should attend the September Event in Canberra. www.guild.org.au/pharmacybusiness
Views: 472 Pharmacy Guild
Meeting the Small Business Technology Challenge - Marketing Visionary, Author & Speaker Jack Shaw
http://www.e-com.com The National Small Business Association's recent Small Business Technology Survey found that 98 percent of small business owners agree that it's important to keep up with new technology -- but this can be difficult, and expensive, if you don't do it right. The same survey found that small businesses face many concerns when it comes to their technology. Approximately half of all small business owners consider security issues, upgrade costs, and maintenance as top technology challenges. The aftermath of failure to properly maintain, upgrade, secure, and back up your IT infrastructure can be grim indeed. • When your systems are down, you can't communicate effectively with customers, suppliers, or other employees, • This can make it difficult, if not impossible, to enter sales orders. • It can dramatically reduce the productivity of your people, and • Interfere with the smooth functioning of your business processes. • These problems, in turn, can affect your reputation in the market, • Cut into your profits and, ultimately, • Cause your business to fail. And yet, about one-quarter of small-business owners handle tech support for the entire company themselves. And 43 percent spend more than two hours a week just on technology problems. The market for telecommuting and mobile computing is also exploding. Forrester Research projects that, by 2015, over 85% of the workforce will be mobile. And International Data Corporation forecasts that the U.S. alone will add more than 3 million corporate home office households between 2011 and 2015. Thus, small businesses are recognizing the need to provide comprehensive, well-managed support for telecommuters and mobile workers. There are also direct threats to small businesses' IT infrastructures. For example, there are the security threats posed by hackers who realize that small businesses typically lack the technical expertise to properly set up robust security and so look at small businesses as easy targets. Industry experts have found that 80 percent of small businesses that experience a security breach go bankrupt or suffer severe financial losses within two years of being violated. If you don't think you have the time and expertise to monitor these threats, you need to depend on a trusted technology partner who does. For most small businesses, email consumes a very substantial part of your telecommunications bandwidth. But, it's currently estimated that over 90% of all email is spam. When you have to download all your inbound email to in-house email servers, you're wasting the bandwidth used by that 90%. So many businesses are moving to secure, hosted email services. By having your email service hosted, you download only the 10% or less of incoming emails which are legitimate communications. It's also critical that small businesses have a current copy of their data stored somewhere safe and accessible. With a purely on premises infrastructure, data is still backed up onsite where it's subject to loss in the event of fire or natural disasters. Automatically storing archived data off-site in a secure private cloud keeps data safe but rapidly and easily accessible in the event of disaster. An outside IT provider can be a tremendous asset -- freeing you up to give your full attention to your business. These days, you need an IT service provider who can offer you a broad portfolio of capabilities. It can start with managing, maintaining, and upgrading your internal IT infrastructure. But it should also include offering hosted email and web services as well as Cloud-based backup and disaster recovery. For those companies that are ready, moving your data and systems entirely to the Cloud can help to reduce costs. It's highly scalable, universally accessible, and provides for automated backups and upgrades. These are just some of the reasons I'm so impressed by DynaSis and the range of services it offers to help businesses more profitably manage their IT infrastructures. DynaSis can help you by: • Managing on-site systems, • Hosting email and websites, • Providing online backup and disaster recovery, and even • Offering full-blown Cloud Computing capabilities based on your needs -- for today and tomorrow. If you're not already familiar with hosted services and Cloud Computing, you may want to watch some or all of the other videos in this series. These explain what these services are and how they work, discuss their benefits, and address concerns you may have. If you'd like more help understanding these new technologies, give the people at DynaSis a call. They'll be glad to show you various ways to meet your technology needs. If you need to cut costs while enhancing quality, increase productivity while responding quickly to the needs of your market, all the while ensuring that your systems and data are secure and confidential, DynaSis may have just the right solution for you. Call them today to find out.
Views: 609 Jack Shaw
Legal issues for small business clients as they recover and return to operation (Part 2 of 2)
The Queensland Law Society held a free member seminar on 9 February 2011 covering post flood issues, including typical insurance claim policy and coverage issues for homes and businesses, conveyancing issues, employment law considerations, along with a Q&A panel on law firm recovery. See also http://www.qls.com.au/pd/events/110209 This video (part 2 of 2) covers: • Force Majeure provisions • Review material contracts that may not have Force Majeure • Review finance contracts and obligations including Material Adverse Change provisions • Post-flood recovery -- Directors' duties and obligations • Post-flood recovery risks and Trade Creditor concerns • Post-flood considerations of weather consequences in commercial contracts Speaker: • Robert Milbourne -- Partner, Norton Rose
Small Business Administration visits Albuquerque to hear issues, concerns
Small Business Administration visits Albuquerque to hear issues, concerns - Source: http://www.krqe.com/news/albuquerque-metro/small-business-administration-visits-albuquerque-to-hear-issues-concerns/1033904890
Views: 122 KRQE
"Bringing Business Law Down to Earth" Small Business Essentials Workshop 1 Part 1
The Transactional Law Practice Center at NKU Chase College of Law and the Cincinnati Business Courier have joined together to offer a series of eight workshops entitled "Small Business Essentials." Running, managing, and growing your law practice is an evolving process. It requires strategic planning and continuing education to support continued business success. This new program is designed to assist and educate attorneys and other business leaders on the following aspects of their businesses: marketing, social media and privacy, the art of persuasion, finance, human resources, and branding. These workshops are beyond the basics. They have been created to hone, recalibrate, and retool your business skills for success in business, including the business of practicing law. "Bringing Business Law Down to Earth" on March 11, 2014 "How to do Human Resources without an HR Manager" on April 8, 2014 "How Did They Make That? -- Hollywood Secrets for Business Success" on May 13, 2014 "Branding: What's in a Name?" on June 10, 2014 "Social Media: Risks & Rewards" on July 8, 2014 "Marketing: Business and Legal Strategies" on August 12, 2014 "The Power of Persuasion" on September 9, 2014 "Read & Use Financial Statements Like a Lender or Investor" on October 14, 2014 No CLE credits may be earned by watching these videos. --------------------------------- Bringing Business Law Down to Earth Avoid common legal traps: Don't get caught! Tuesday, March 11, 2014 Attorneys aren't from Mars. Business clients aren't from Venus. Learn to close the communication gap between attorneys and clients to prevent the most common legal traps for small to mid-size businesses. Learning Objectives: In this interactive workshop, business leaders and attorneys will learn side-by-side how to: 1. Ask effective questions when hiring an attorney (ask effective questions of business clients in the initial client interview) 2. Spot and prevent some of the most common legal issues plaguing small to mid-size businesses 3. Address difficult subjects, such as growth and succession planning Facilitator: Lindsey Jaeger, J.D., S.S.B.B., director of centers and institutes, NKU Chase College of Law Special thank you to our presenters: - Nathaniel J. Arnett, '11, associate, Cors & Bassett - Kenneth H. Kinder II, '00, member, Cors & Bassett - Kelly Schoening '96, partner, Dressman Benzinger LaVelle psc - Barbara Wagner, professor of law, NKU Chase College of Law; former associate general counsel, Chiquita Brands International, Inc. - Rebecca Volpe, director, Small Business Development Center, NKU NKU Chase College of Law would like to thank the Cincinnati Business Courier for hosting the series. NONE OF THE MATERIAL IN THIS VIDEO SHOULD BE CONSIDERED LEGAL ADVICE. CONSULT AN ATTORNEY IN YOUR JURISDICTION FOR YOUR SPECIFIC ISSUES. For more information, visit http://chaselaw.nku.edu/centers/transactional/businesscourier.html
Views: 978 NKU Chase Law
Whiskey Running Dry at 'Morrison's Irish Pub' | Small Business Revolution - Main Street: S3E2
The owners of Morrison’s have poured their hearts - and life savings – into this authentic Irish pub located in Alton, Illinois. Can the Small Business Revolution - Main Street marketing team and a savvy restaurateur turn this local gem around before the whisky runs dry? #SmallBusinessRevolution #Deluxe Subscribe to get the latest! https://goo.gl/kVZveD Join the Small Business Revolution! Visit Here to Learn More: http://smallbusinessrevolution.org/ Like SBR: https://www.facebook.com/smallbizrev Follow SBR: https://twitter.com/smbizrevolution SBR Vimeo: http://vimeo.com/smbizrevolution SBR Instagram: http://instagram.com/smallbusinessrevolution/ Championed by Deluxe and hosted by chief brand and communications officer, Amanda Brinkman with renovation icon Ty Pennington; the Small Business Revolution is a movement created to shine a spotlight on the vital impact that small businesses have on our economy, our communities and our daily lives. Independence. Originality. Belief in the bold experiment. Now more than ever, the passionate values that built America drive millions of our local businesses.
Seniors Issues, Etc. - Small Business
Today's topic is "Score", and organization of retired business men that advise and help people start small businesses and other endevours.
Views: 45 Libertyville Patch
Business Development: Capital Issues for Small Business
Check out my Business Development Coaching for Cold Calling and Sales Course here - https://jbdcolley.com/BIZDEV NEW VIDEOS POSTED ALMOST DAILY - SUBSCRIBE FOR UPDATES SUBSCRIBE TO THE SIX MINUTE STRATEGIST ACADEMY Get All My Courses for One Low Monthly Subscription http://thesixminutestrategist.teachable.com/p/membership ❤ My Top Courses: Get Great Discounts on my Best Selling Online Courses below Amazon FBA : Private label work at home blueprint - https://jbdcolley.com/AMAZONFBA Audacity Software: Audio Editing for Online Course Creation - https://jbdcolley.com/AUDACITY Copywriting; Complete Copy Writing 4 Blogging & Online Sales - https://jbdcolley.com/COPYW Fiverr Success: Freelance Home Business Income in Days - https://jbdcolley.com/FIVER Fundraising: Fund Raising For Startups from Venture Capital - https://jbdcolley.com/FUNDR Mergers & Acquisitions - M&A, Valuation & Selling a Company - https://jbdcolley.com/MA Online Course Creation - Udemy MasterClass 2018 - Unofficial - https://jbdcolley.com/MC2018 Online Course Creation Udemy Insights Made Easy (Unofficial) - https://jbdcolley.com/INSIGHTS Online Course Creation: Publish Online Courses On Amazon - https://jbdcolley.com/PUBAMAZON Online Course Marketing 10 Steps To First/More Paid Students - https://jbdcolley.com/10STEPS Public Speaking and Presentation Skills Breakthrough - https://jbdcolley.com/PUBLICSPK Social Media Marketing Excel At Content Marketing (5 in 1) - https://jbdcolley.com/SMSTRAT Video Production Video Editing & Video Marketing Made Simple - https://jbdcolley.com/VIDEOPRO Webinar Marketing: Write, Design & Market Webinars - https://jbdcolley.com/WEBS ❤ Follow me: YOUTUBE: https://www.youtube.com/user/jbdcolley LINKEDIN: https://uk.linkedin.com/in/jbdcolley WEBSITE: http://jbdcolley.com TWITTER: https://twitter.com/jbdcolley LEARN: https://www.udemy.com/user/johncolley/ FACEBOOK: https://www.facebook.com/groups/OLClub/ Join my Online Learning Club Facebook Group to discover more about creating, publishing and selling profitable Online Courses
Views: 67 John Colley
15 Mostly Money Issues Small Business Owners Should Worry About | Business Ideas
It all comes down to you | Business Ideas As the owner of a small business you know that you're ultimately responsible for every detail. Money management -- which is more than just making payroll -- is how you keep your company open. That's a long-term and a short-term problem that you have to take ownership of. Please leave your comments or feel free to discuss in the comments section. Your feedback will be appreciated. Thanks for watching!! Like! Share! Comment! Subscribe! Youtube Channel: https://www.youtube.com/checkfacts360 Facebook: https://www.facebook.com/checkfacts360 Twitter: https://twitter.com/checkfacts360 Tumblr: https://checkfacts360.tumblr.com/
Views: 77 Check Facts 360
20 SMALL BUSINESS IDEAS for College Students
20 Small business ideas for starting your small business in 2017. Top 20 small business ideas for college students. Also, watch how to write One Page Business Plan - https://www.youtube.com/watch?v=9HiQccqguqU In this video, i shared top 20 best business ideas that are very profitable for students who want to start a new small business. Also, their are many issues you found in these business, but you need to take care of your business by implementing new things and design in this business. So, go forward with any business from these 20 small business ideas. Life of Riley by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400054 Artist: http://incompetech.com/ If you're looking for starting an online business then, here are few small businesses for college students that you can start. If you've any questions related to these 20 small businesses then, share your thoughts in comment box. Also, thanks for watching these 20 small business ideas for college students in 2017.
Business Startup Tips - LLC vs S Corp: Which is better for you? Legal Issues for Entrepreneurs
Business Startup Tips - LLC vs S Corp - Legal Issues for Entrepreneurs ONLINE COURSE - Complete Guide to Choosing the Right Business Structure http://bit.ly/2cm5EYI JOIN 1,000+ STUDENTS WHO HAVE CHOSE THE CORRECT BUSINESS STRUCTURE FOR THEIR BUSINESS & INCORPORATED THEIR BUSINESS ON THEIR OWN! Are you an entrepreneur, online business owner, or small business owner? Are you confused about how to start your business? Do you want to know the difference between a Sole Proprietorship, Limited Liability Company, or Corporation? This course is a comprehensive overview to help you understand the differences and advantages and disadvantages of the most common business types, including: Sole Proprietorship, Partnership, Limited Liability Company LLC, C-Corporation, and S-Corp. Most people are surprised to find out that you don't need a business lawyer to choose and form the correct business structure for your business. For less than the cost of one-hour of legal work, you’ll be in great position to start your business and save money on a business lawyer. LLC (limited liability company) and S Corporation are popular structures for small businesses since they avoid this double taxation burden. With these business structures, the company is taxed like a sole proprietor or partnership, meaning the company itself doesn’t file its own taxes; all company profits are "passed through" and reported on the personal income tax return of the shareholders or, in the case of an LLC, the members. Most importantly, both the LLC and S Corp will separate your personal assets from any liabilities of the company (whether from an unhappy customer, unpaid supplier, or anyone else who might pursue legal action). The similarities between these two business entities are significant, but the differences can be even more striking. While circumstances vary for each individual and his or her business, here are some pros and cons for each: LLC Pros: 1. The owner of a single member LLC doesn't have to file a tax return for the LLC, as they only report the activity on their personal tax return. 2. Ease of setup: Most LLC forms are only a single page for single member LLCs. 3. Inexpensive to start: The cost of setting up an LLC is also inexpensive, usually just a couple hundred dollars. 4. Guidelines: The red tape involved in forming an LLC isn't as stringent as that involved with S corps, which also leads to savings on accountant and attorney fees, among others. LLC Cons: 1. Self-employment tax: Single member LLC owners are required to pay self-employment tax on income generated in the LLC, which means making quarterly estimated payments to the IRS. 2. Owners of LLCs must make sure they don't pierce the "corporate veil," meaning they have to operate the LLC separately from their personal affairs. "The LLC must not be a shell but an operating entity," says Eka. "There have been cases where a business owner lost their protection because there was no distinct difference between the LLC and its owner." S Corp Pros: 1. The key advantage of an S corp is that it offers tax benefits when it comes to excess profits, known as distributions. The S corp pays its employees a "reasonable" salary, which means it should be tied to industry norms, while also deducting payroll expenses like federal taxes and FICA. Then, any remaining profits from the company can be distributed to the owners as dividends, which are taxed at a lower rate than income. S Corp Cons: 1 S corps have more strict guidelines than LLCs. Per the tax code, Eka says, you must meet the following standards to create an S corp: - Must be a U.S. citizen or resident. - Cannot have more than 100 shareholders (a spouse is considered a separate shareholder for the purpose of this rule). - Corporation can only have one class of stock. - Profits and losses must be distributed to the shareholders in proportion to the shareholder's interest. For example, you can't have disproportionate distributions of dividends or losses. If a shareholder owns 10 percent of the S corp, he or she must receive - 10 percent of the profits or losses. 2. It costs more to form an S corp. 3. Shareholders must adhere to the requirements at all times. If they don't, they risk disallowing the S corp election, and the corporation would be treated as a C corp with its corresponding restrictions. 4. Passive income limitation: You can't have more than 25 percent of gross receipts from passive activities, such as real estate investment. 5. There can be additional state taxes for S corps. 6. Shareholders should pay attention to paying themselves a "reasonable" salary for the work they perform for the S corp, since the IRS is increasingly scrutinizing S corps for this. https://www.youtube.com/channel/UCIypuA7lS-FsVG6cMlNCK2w?sub_confirmation=1 Check out some of our other videos Compensation claims - how long should it take https://youtu.be/NuxfrgSTg78 Kickstarter secrets ep 1 https://youtu.be/2EG78JNZ7nA
Views: 3848 The Business Channel
ISSUES: Small Business Saturday
For the last 7 year, the Saturday after Thanksgiving has been known as Small Business Saturday. It’s a time shoppers are encouraged to “shop small” by supporting local businesses and in turn, giving a boost to the local economy. Coral Gables Chamber of Commerce’s CEO, Mark Trowbridge, explains why this annual event has such an impact on the local economy. Guest: Mark Trowbridge, Coral Gables Chamber of Commerce
Views: 68 South Florida PBS
Innovation Nation: How Small Businesses in the Digital Technology Industry Use Intellectual Property
This hearing will examine how small business owners in the digital technology industry utilize intellectual property and the issues they face when navigating the intellectual property processes.

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