There are essentially two ways the IRS taxes businesses and entrepreneurs. We'll explain them in as few words as possible in this post. The two primary tax structures Pass-Through Taxation: Most businesses are taxed as “pass-through” entities. This means the profits and losses of the company are passed through to the owners’ individual tax returns. [...]
Lessons on personal responsibility, leadership, and how to take extreme ownership of your life. Retired Navy SEALs Jocko Willink and Leif Babin led military units in Iraq which are often described as the most successful units to serve in the war. Today, they use their leadership skills to help others, including sharing important lessons [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! Part one covered what you can protect; part two explained how to secure your rights; and this post explores copyright infringement. What Constitutes Copyright Infringement Definition Copyright infringement occurs when [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! Part one covered what you can protect; this post explains how to secure your rights; and part three will explore copyright infringement. How To Obtain a Copyright Registration isn’t [...]
Do you know what you can protect, how to secure your rights, and what constitutes copyright infringement? If not, then these three posts are for you! This post one covers what you can protect; part two explains how to secure your rights; and part three will explore copyright infringement. What is a Copyright A copyright is just [...]
January 1st marks my four-year anniversary of “being my own boss.” And while the last four years have been exhilarating, they have also brought on plenty of stress and speed bumps. Luckily, Kansas City has a lot to offer when it comes to learning how to start and grow your own business. And the [...]
Hashtags. Love 'em or hate 'em, they are everywhere. But can you trademark a hashtag and prevent other businesses from using it? Last night during the "Cause if you like it, put a Ⓡ on it, oh oh oh" Trademark presentation, a woman asked this great question. My initial reaction was yes, subject to [...]
“Everything is negotiable.” Ok, well not everything, but many things are. Here are nine tips to help you negotiate your next contract. To begin, you should note that if a contract contains errors, or simply doesn’t meet your expectations, you should raise your concerns and negotiate new or modified terms that are mutually acceptable. [...]
Many entrepreneurs struggle when it comes to reviewing contracts. Here's a two step process to make it a little easier for you. At the outset, you should look at things from a high level. Then, dive deep into the nitty gritty. >>> Looking for contract templates? Check out our Contract Shop. 1. High Level [...]
Insurance is often your first line of defense. Here are four tips to help you find a broker or agent to find the right coverage for your business. Related Posts: How to find a lawyer | How to find an accountant 1. Agents v. Brokers At the outset, it is important to [...]