A joint venture is where individuals, corporations, partners, or a mixture of, agree to join together with the purpose of achieving a common business or investment activity.  Usually the union is to complete a specific project to earn income but could also be set up to complete a research or a product development goal.

When you decide to be an entrepreneur; you empower yourself with the rights to organize a business venture.  Entrepreneurship encourages the building of prosperity and the creating of greater opportunities for your family and/or you.  Using expert knowledge seek all the enriching and beneficial rewards that are available to you as an entrepreneur.  Knowledge and organization are the keys to […]

It is a fundamental taxation principle that a corporation is a distinct entity.  Each shareholder is also a distinct entity.  This structure of independant relationships allows for economic advantages that can be made available for each shareholder.

One way to live a better and more prosperous life is to know how to utilize legal entities to your maximum advantage when the opportunities are available or as a predetermined plan of action. 

When starting a business, making major financial decisions, or desiring increase it is very important to use mentors.  You should seek them to use them every time.

Many people, both employed and self-employed,  spend at least part of their work-day at home.  If you are in that group, you may be able to claim a tax deduction for a portion of your home expenses.  What is deductible depends on the nature of your work, and your specific circumstances. 

Many credit cards offer loyalty programs to their cardholders.  Often it can be hard to collect a substantial number of points on personal purchases alone, but … if you were to pay business expenses on your credit card the points can add up much faster!  Makes sence, but you should know that you may have […]

Starting a new business venture is an exciting time.  It can also be daunting, as there are so many issues to consider and keep on top of.

It is not at all unusual for occasions to arise where you and your employees need to work overtime.  Knowing that people are more efficient and safety conscious when they are not distracted by hunger, you, as an employer, may choose to provide a meal to your workers on those occasions (or pay them an allowance for […]