Digg it UP - Business

Limited Liability Corporation Definition
A limited liability corporation can be defined as a unique legal business unit generated from an amalgamation of the various characteristics of partnership and corporation. It has a separate existence distinct from other business models like sole proprietorship, partnership and corporation. Although this concept is novel for United States, it has long been adopted in various other countries. This distinctive business model has been adopted from the German GmBH model.All the 50 states in the United States allow the formation of limited liability corporations, although the laws governing them in each state may be distinct. Certain jurisdictions, for example, allow only legal practitioners and lawyers to form such corporations. In some states, banks or farms are not allowed to form limited liability corporations.A limited liability corporation is an exclusive business structure which provides the personal liability shield or limited liability protection found in a corporation. It provides taxation advantages (no double taxation) as well as the flexible ownership, investment, control, management and free flow of profit and loss characterizing partnerships.Limited liability entails the observation of less formality than that observed in a corporation, and relatively more formalities than sole proprietorship. Limited liability corporati

ent for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.

With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.

BizLaunch

Five Steps to a Flawless Interview
Are you prepared for your next job interview? Do you know the secrets of pulling off a flawless interview and getting the job of your dreams? Use these five easy steps to prepare yourself and leave the best impression possible with the hiring manager.1. Be Early - The worst thing you can do is show up to an interview late. What does that tell the hiring manager about your commitment level? Why would anyone want to hire a person who doesn’t have the organization skills to show up on time? By showing up early you are demonstrating and showing respect of the company and the hiring manager. You are also giving them the opportunity to take you early, which could give you more face time. Face time is important, the longer you have with the hiring manager the better your chances will be to get the job.2. Research the Company – Never walk into an interview without knowing anything about the company. Do some research; find out how many facilities they have, who is the CEO, and what recent news has come out about the company. Look at the financials from their website or other investor news. Be prepared to ask some questions about what you have discovered. At the end of every interview that I have conducted, I always ask “Do you have any questions for me?” I am always impressed with people who have done their research and are serious abo

What does it take to start a successful business? According to Roger Pierce, a popular media speaker, columnist(1) and co-owner of a company that trains new entrepreneurs, "You need to have a passion for entrepreneurship!"
Inspired at a very young age by his grandfather who started and built his own land surveying firm, Roger Pierce loved the idea of owning his own company because he could see the immediate fruits of his grandfather's labour. Entrepreneurship is definitely in his blood as he still remembers his first ever contract was to mow lawns and at age 16, he organized his first big dance gig where he sold 500 tickets!
After graduating from Sir Sandford Fleming College in Peterborough for business, he launched Pierce Marketing Communications in 1994 and made his first client the college. How's that for salesmanship! According to Roger, college provided him with the practical and tactical skills necessary to run his own business. To his credit, his small business ventures ranged from selling electronic bill boards, to tradeshows, to media buying, to marketing, to barter exchange and eventually to his current business, BizLaunch (www.BizLaunch.ca) which he co-owns with business partner, Andrew Patricio, to train new entrepreneurs to succeed in business.
BizLaunch opened its doors for business in 2003 and has since trained over 4000 entrepreneurs. What makes their business unique is their one-on-one coaching and post-support after their clients have taken their 30-hour training program. With no real competitors except for the government, BizLaunch has adeptly made them an alliance partner and has worked with them on government sponsored business programs for youth.
Not surprisingly, Pierce understands youth and business. He has been involved with Junior Achievement (JA), an international non-profit organization dedicated to educating and inspiring young people about business and economics, since high school. Now that he has an opportunity to give this knowledge back, he is enthusiastic about working with young entrepreneurs who make up part of BizLaunch's client base. He says working with young entrepreneurs out of school is great because they "have unlimited enthusiasm, are fast learners, and are flexible to adapt to changes." In fact, BizLaunch was hired by the Ontario government for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.
With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.
BizLaunch<
Dirty Little Secret of Workers Compensation Insurance
Workers Compensation Insurance agents are paid commission based on the size of your company premium. The bigger the premium you pay the bigger your agent's commission. Your agent may never cause your premium to go up unnecessarily but has he done everything he can to reduce it and reduce his commission?The first workers compensation law was enacted in the United States in 1911 by the State of Wisconsin. By 1948, every state had some form of "workman's comp." Basically this is a government mandated social insurance pact between employers and employees. Employers are forced to cover medical care and provide wage replacement for employees hurt on the job: in return workers compensation benefits becomes the only remedy available for workers. Even though courts have upheld this concept for almost one hundred years occasionally in cases of bad faith courts have over ridden this exclusive remedy.Workers compensation is compulsory insurance in every state but Texas. With some few exceptions, all employers are mandated by law to carry workers compensation insurance.Workers Compensation Insurance premium is calculated by how employees are classified by their specific work and the rate assigned to each employee classification.Workers Compensation insurers attach a premium rate to each employee classification code. These rates mu
ized his first big dance gig where he sold 500 tickets!
After graduating from Sir Sandford Fleming College in Peterborough for business, he launched Pierce Marketing Communications in 1994 and made his first client the college. How's that for salesmanship! According to Roger, college provided him with the practical and tactical skills necessary to run his own business. To his credit, his small business ventures ranged from selling electronic bill boards, to tradeshows, to media buying, to marketing, to barter exchange and eventually to his current business, BizLaunch (www.BizLaunch.ca) which he co-owns with business partner, Andrew Patricio, to train new entrepreneurs to succeed in business.
BizLaunch opened its doors for business in 2003 and has since trained over 4000 entrepreneurs. What makes their business unique is their one-on-one coaching and post-support after their clients have taken their 30-hour training program. With no real competitors except for the government, BizLaunch has adeptly made them an alliance partner and has worked with them on government sponsored business programs for youth.
Not surprisingly, Pierce understands youth and business. He has been involved with Junior Achievement (JA), an international non-profit organization dedicated to educating and inspiring young people about business and economics, since high school. Now that he has an opportunity to give this knowledge back, he is enthusiastic about working with young entrepreneurs who make up part of BizLaunch's client base. He says working with young entrepreneurs out of school is great because they "have unlimited enthusiasm, are fast learners, and are flexible to adapt to changes." In fact, BizLaunch was hired by the Ontario government for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.
With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.
BizLaunch
A New Tool for an Old Job
Quick! Can you find your homeowner’s insurance policy? How about that warranty you bought for your television last year? Would you know where to begin looking to find your child’s birth certificate? Even more important, if your home were suddenly destroyed due to some natural disaster, would you be able to present your insurance agent with a list of your entire home inventory?If you spend precious time looking for important papers around your house, you’re not alone! Research shows that the average person spends 150 hours per year--almost one month--looking for information. And in spite of the myth of a paperless society, statistics show there is now more paper than ever before.While the importance of being able to find information in an office environment is obvious, it’s easy to ignore the importance of being able to find information at home. Vital personal documents can clutter countertops and file cabinets. You end up with a disorganized mess that causes headaches and frustration later when you can’t find a specific piece of paper you desperately need!If this scenario sounds all too familiar, don’t worry. Thanks to today’s technology there is finally a way to clear the clutter and keep an accurate inventory of everything you own--the item type, room it’s used in -- even its value, etc.In the past, there were only four t
.ca) which he co-owns with business partner, Andrew Patricio, to train new entrepreneurs to succeed in business.
BizLaunch opened its doors for business in 2003 and has since trained over 4000 entrepreneurs. What makes their business unique is their one-on-one coaching and post-support after their clients have taken their 30-hour training program. With no real competitors except for the government, BizLaunch has adeptly made them an alliance partner and has worked with them on government sponsored business programs for youth.
Not surprisingly, Pierce understands youth and business. He has been involved with Junior Achievement (JA), an international non-profit organization dedicated to educating and inspiring young people about business and economics, since high school. Now that he has an opportunity to give this knowledge back, he is enthusiastic about working with young entrepreneurs who make up part of BizLaunch's client base. He says working with young entrepreneurs out of school is great because they "have unlimited enthusiasm, are fast learners, and are flexible to adapt to changes." In fact, BizLaunch was hired by the Ontario government for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.
With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.
BizLaunch
Brandbuilding with Taglines
When it comes to building your brand, you want to take advantage of every possible shortcut to help your target market know you…and remember you. Taglines provide that path through the woods. A tagline consists of a few short words that communicate to your target market what your company does and how you're different from competitors. A good tagline should position your brand in your audience's mind and sum up its essence or benefit in a way that your audience can relate to. A great tagline uses memorable phrasing and creates a personality. Taglines are typically simple phrases that telegraph a message. They normally accompany company logos and are written to stand the test of time. Most taglines have a fairly long shelf life. Taglines can also help change the perception of a company.Should you develop a tagline?The simple answer is yes. All companies should consider using a tagline in their marketing materials and company advertising because taglines deliver the following benefits:1. Clearly states what your company stands for.2. Simplifies buying decisions because customers know who you are and what you offer.3. Differentiates you from competition.4. Raises brand awareness because taglines are relevant, remembered and often repeated.5. Provides a shorthand version of your brand promise. How do you
erstands youth and business. He has been involved with Junior Achievement (JA), an international non-profit organization dedicated to educating and inspiring young people about business and economics, since high school. Now that he has an opportunity to give this knowledge back, he is enthusiastic about working with young entrepreneurs who make up part of BizLaunch's client base. He says working with young entrepreneurs out of school is great because they "have unlimited enthusiasm, are fast learners, and are flexible to adapt to changes." In fact, BizLaunch was hired by the Ontario government for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.
With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.
BizLaunch
Are You Meant To Have Success?
A few years ago, I was going through a very difficult time in my professional life. I had finally figured out what my purpose was, and I was excited to share it with the world.I started a business based on my purpose and put my heart and soul into that venture. Not too long after I started, I began to feel really frustrated by the lack of success I was seeing. Try as I might, nothing I did was attracting enough clients to my business.I thought maybe offering different types of products was the answer. I introduced quite a few new products, and a couple of services, but that didn’t help attract any new customers.Soon, I felt like my business was in complete chaos. I was going in so many directions. My mind always felt so scattered. Whenever I tried to set goals, I didn't even know where to begin. There were many times I felt like maybe I wasn’t meant to be successful.I was speaking to a friend about my turmoil and she said something very simple to me. She said "It starts with you Jenn. Things are chaotic because your thoughts are chaotic. If you want this to change, it's simple. Change within. Once you stop being chaotic on the inside, things will come into focus on the outside."That was the turning point. She was right. I needed to simply decide what I wanted to do, and take action to get it done. Sounds impossibly si
ent for their "Summer Company Program" to provide enterprising students aged 15 to 29 with hands on business training and mentoring to start and grow a successful business.
With the number of women starting their own businesses and the increasing immigrant population in Canada, Roger reports that 60% of BizLaunch's clients are women and 33% are new Canadians who are of Chinese, Spanish, East Indian and South African descent. As I sit in on a free 90-minute Staples BizLaunch start-up seminar and look around me, this statement is confirmed.
BizLaunch offers a series of free seminars at various Staples & Indigo locations around the Greater Toronto Area throughout the year to educate new entrepreneurs and to drum up new business for their 30-hour "Up & Running BizLaunch Program". This affordable program was designed to help new entrepreneurs create profitable small ventures.
With manufacturing being sent out to third world countries, Canada is becoming a service based economy and is confirmed by Industry Canada's business statistics that reveal that the greatest job loss has come from the manufacturing sector. According to Roger Pierce, there are tons of small businesses opening up, namely web-based, special niche, online retail and outsourcing companies. And with one million Canadians predicted to start their own businesses in this decade, it is necessary to understand how to set-up a business for success.
"Clarity, momentum and accountability is necessary for entrepreneurs to succeed," says Roger. You need to be clear and focused on what your goals are to be successful in business. In addition you need to be motivated to execute, and be accountable for all your actions. Therefore a business plan is necessary to guide and map your efforts. According to Pierce, "4 out of 5 small businesses do not have a business plan." This is a costly mistake because business owners become reactive rather than proactive as a result of not having a viable business plan. He believes that an ideal business plan should not be longer than two years as market conditions change and things happen that we cannot predict. Once the two years are up, be prepared to do another business plan as business planning is a continuous process.
When asked what the greatest challenges are for new entrepreneurs, Roger mentions start-up capital, mentoring, partnerships, timelines and focus. According to Roger, new entrepreneurs expect the banks to finance their businesses 100%. Reality is banks will not provide business loans to those who do not have a business credit history and who cannot show viable business plans where they will generate a profit in their new business ventures. He warns that you should be prepared to sink some "love capital" into starting your own business whether it's your own funds or receiving financial support from your family and friends.
If you happen t

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