Inside Your Business - How Your Business Can Provide More For You

Volume 10, Issue 1

Launching a Pastime into a Business

Many people apply their creative talents or skills to a hobby or interest. Quite often, what begins as a simple pastime can blossom into a larger endeavor. The seeds of many large corporations were once planted by people in garages, attics, and basements after hours while they worked a regular day job. The stories of how these successful entrepreneurs turned a hobby into a business capture our attention, win our admiration, and spark our curiosity.

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Monitoring and Managing Business Credit Reports

Often, large public companies have teams of people dedicated to reporting organizational changes to the business community and credit rating agencies. Smaller private companies, however, must make more of an effort to ensure that their credit reports accurately reflect the current state of their businesses. They need to make certain that reports are free of errors or omissions that could damage their reputation or hinder access to loans or other forms of credit.

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Planning for Continuity: Your Business Estate

As a business owner, you have most likely devoted countless amounts of time, energy, and money into building and managing your company. As a result, your business may comprise a significant portion of your estate. Unfortunately, the business that provides for you and your family now may not do so at the time of your death. What will be the legacy of your business when you die?

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