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Monthly Buzz #45
Transform Your Business
January 2006


FEATURE:
Know Your Numbers

BUSINESS DEVELOPMENT CORNER:

TAX BRACKET:
Common Recordkeeping Requirements for Business Income


Feature:

Know Your Numbers

Entrepreneurs who know their numbers have a tremendous advantage over those who do not. The financials tell a story--and understanding the story behind your numbers can be one of the most important ingredients for long-term success.


Business Development Corner:

5 Common Budgeting Mistakes

Avoid these errors to avoid financial nightmares.

The Pros and Cons of Outsourcing

Should you outsource business functions or is it better to keep them in-house?

Hiring a Virtual Assistant

How to get help when you don't want employees in your home office.

Essential Computer Backup Strategies

Don't let an unexpected disaster stop you in your tracks. Follow these tips to keep your computer data safe no matter what.


The Tax Bracket:

Common Recordkeeping Requirements for Business Income

- Lorie Beste

It is important as an owner of a business to keep proper records to ensure the proper processing of your tax return. In this article we focus on common records that are needed in connection with taxes on your business income.


Memorable Quotes:

"The majority of people are not only afraid of holding a wrong opinion, they are afraid of holding an opinion alone."
- Soren Kierkegaard - Danish philosopher(1813-1855)

"A problem is a chance for you to do your best."
- Duke Ellington - American composer and musician(1899-1974)

"It's easier to do a job right than to explain why you didn't."
-
Martin Van Buren - 8th President of the United States(1782-1862)


DISCLAIMER
Information provided in this publication is intended as general information only and should be considered carefully for your own business situation before use. This firm and any associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.
 

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