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	<title>Building a New Small Business</title>
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		<title>Marcia Pevey: Epitome of Integrity</title>
		<link>http://www.bainbridge-online.com/marcia-pevey-epitome-of-integrity/</link>
		<comments>http://www.bainbridge-online.com/marcia-pevey-epitome-of-integrity/#comments</comments>
		<pubDate>Thu, 22 Mar 2012 04:09:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=525</guid>
		<description><![CDATA[Need a lawyer for your legal concerns?  At some point in our lives, we all unexpectedly meet some unpleasant situations wherein we would badly need a lawyer whom we can trust and at the same time, we are assured that we are in the right hands.  It’s time to meet Ms. Marcia Pevey, an active [...]]]></description>
			<content:encoded><![CDATA[<p>Need a lawyer for your legal concerns?  At some point in our lives, we all unexpectedly meet some unpleasant situations wherein we would badly need a lawyer whom we can trust and at the same time, we are assured that we are in the right hands.  It’s time to meet Ms. Marcia Pevey, an active practicing lawyer from Texas and a proud member of a strong team of lawyers tested by times and various legal battles.</p>
<p><strong>Marcia Pevey Lawyer</strong></p>
<p>Ms. <span style="text-decoration: underline;"><a href="http://www.facebook.com/pages/Law-Office-of-Marcia-Pevey/134600819894495?sk=info">Marcia Pevey</a></span> has been practicing law for over 20 years in Houston. She graduated from the University  Of Texas McCombs School Of Business with a degree in Marketing and Management. After which, she attended the University of Houston Law Center. Her remarkable diligence brought her to the top 15% of her class.  She was then inducted into Phi Delta Phi National Honor Society.</p>
<p>Ms. <span style="text-decoration: underline;"><a href="http://www.showmelocal.com/profile.aspx?bid=6516670">Marcia Pevey</a></span> worked for the 190th District Court briefing cases presented for Summary Judgment and the 14th Court of Appeals during her law school years. Since then, she has worked for the Probate Courts as an appointee representing Wards in Guardianship proceedings.</p>
<p>The lady lawyer has represented clients in trust creation, guardianship matters, creating wills and directives, estate administration and small estate planning. She has also worked in the Juvenile Courts representing juveniles in criminal matters and representing abused or neglected children under the court&#8217;s protection.</p>
<p>Her wide court exposure brought her the experience needed to guide her clients through the legal process. She has been qualified in Guardianship and Probate for 20 years.  Ms. Pevey&#8217;s professional passion is finding solutions to the unique needs of the elderly and the incapacitated that was sharpened by her experiences in caring her own family members.</p>
<p><strong>Marcia Pevey Houston</strong></p>
<p>Counselor Marcia Pevey is a proud member of Houston Lawyers Direct, a circle of principled intelligent lawyers.  With the slogan “Protecting Your Interest,” the group of lawyers’ mission is to provide their clients the best law representation there is.  It is always their principle to uphold integrity, honesty and commitment.</p>
<p>To heighten their legal services, Houston Lawyers Direct also provides their clients educational resources that allow them to learn about legal matters before ever meeting with an attorney. The legal team only chooses highly qualified attorneys as law can sometimes become a complicated matter.  With Houston Lawyers Direct, the tested group of lawyers, you always come first!</p>
<p>Solve your problems or win your legal battles today! Contact Ms. Marcia Pevey ather office in the Galleria Area (713) 526-9927 or you can email her at marcia@peveylaw.com.</p>
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		<title>Joseph Schnaier&#8217;s Work on Edison International</title>
		<link>http://www.bainbridge-online.com/joseph-schnaiers-work-on-edison-international/</link>
		<comments>http://www.bainbridge-online.com/joseph-schnaiers-work-on-edison-international/#comments</comments>
		<pubDate>Sat, 17 Mar 2012 00:38:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=519</guid>
		<description><![CDATA[Better known for his involvement in various projects regarding the green living, Joseph Schnaier is a complete individual from a professional point of view. He is responsible for leading in a wide variety of different fields with a Bachelor&#8217;s degree in Environmental Science. This limited degree didn&#8217;t stop him from joining the financial or the [...]]]></description>
			<content:encoded><![CDATA[<p>Better known for his involvement in various projects regarding the green living, <a href="http://joeschnaier08.blog.com/2011/10/03/joseph-schnaier-alternative-energy/">Joseph Schnaier</a> is a complete individual from a professional point of view. He is  responsible for leading in a wide variety of different fields with a  Bachelor&#8217;s degree in Environmental Science. This limited degree didn&#8217;t  stop him from joining the financial or the juridical world. One of the  major companies he worked for is Edison International. It is yet another  project that is somehow connected to the idea of a green living,  although back then it was nothing but a challenge for Joe Schnaier.  Edison International is the primary electric utility from California. It  is the largest one in the area with the most impressive number of  customers. It serves around 15 million citizens for more than 120 years  already. It is also the main provider in close to 200 different  locations in California. <a href="http://www.blogger.com/profile/03294129650607360405">Joseph Schnaier</a> began his venture with this name back in 1990. Although it had nothing  to do with the green energy, the electricity was an interesting field  that at some point could become regenerating or coming from other  sources.</p>
<p>For the American opportunist, this job was interesting  from other points of view. Joe Schnaier got the chance to dig under this  industry. Every secret he could find was useful in a longterm project.  At that time, he was also in the leadership of the National Resources  Defense Council, which was heavily militating for a safe environment.  These two fields were relatively different, yet they had a lot of things  in common. It was an interesting venture; therefore he stuck to the  company for almost two decades. He left it after 18 years, in 2008. He  felt he knew a lot about this industry already and although he  constantly supported the idea of green living, his opportunist spirit  felt the need of a new venture.</p>
<p>These days, things haven&#8217;t changed  too much for Joe Schnaier, except for the projects he got to work with.  He is just as “obsessed” about the green life, hence the multitude of  projects he works on. On the other hand, the opportunist side of this  amazing individual recommends him for plenty of other fields. He works  as an advisor for an equity company too, not to mention about his  leadership roles at Walt Disney Co. or Boeing. With all these, his  venture is still not over. He still has a lot to tell and the battle for  green energy has just begun.</p>
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		<title>How to Create Effective LED Signs Ads</title>
		<link>http://www.bainbridge-online.com/how-to-create-effective-led-signs-ads/</link>
		<comments>http://www.bainbridge-online.com/how-to-create-effective-led-signs-ads/#comments</comments>
		<pubDate>Thu, 15 Mar 2012 14:45:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=513</guid>
		<description><![CDATA[LED Signs has overtaken the other types of outdoor advertising. No wonder it is the most widely used type of advertising around. But, that does not mean you can just put on some ads.  Although LED signs can be very dynamic, but you cannot just put anything around. You have to make something which could [...]]]></description>
			<content:encoded><![CDATA[<p>LED Signs has overtaken the other types of outdoor advertising. No wonder it is the most widely used type of advertising around. But, that does not mean you can just put on some ads.  Although <strong>LED signs</strong> can be very dynamic, but you cannot just put anything around. You have to make something which could send a very powerful message to your audience and this could make a difference into your campaign. However, you can do this with your LED Sign ads.</p>
<p>&nbsp;</p>
<p>The most effective way to get your ads exposed is through the dynamic nature of your ads placed inside a LED sign. However, that could also prove to be ineffective if you do not employ the techniques on how to make your message be sent out.  You have to employ these techniques in order to set your campaign clear and make a lot of impression to your audience. In the end, the result will tell if your ads are really effective.  By now, you should start looking at these techniques and how you can improve your LED sign campaigns.</p>
<p>&nbsp;</p>
<ul>
<li><strong>Fill your ads with impressive pictures</strong></li>
</ul>
<p>It will help a lot of you will make use of pictures in your <strong><a href="http://www.leadingedgedisplays.com/">LED Sign</a> </strong>ads. By now, you can easily load those pictures and project them right away in LED Sign screens. And the most important thing is that it will really not cost you much when it comes to putting dynamic type of ads. All you have to do is to load them to the LED sign screens and you will be able to show to your potential leads the message you want to portray to them</p>
<p>&nbsp;</p>
<ul>
<li><strong>Short Video that will last for 30 seconds</strong></li>
</ul>
<p>A short clip that will last for at least 30 seconds would be good enough. However, make sure that you put them somewhere where the traffic could stagnate. This will make your ads visible to the people around. On the other hand, it will also add a little bit of entertainment to those people who might be stuck in the traffic. In this way, you can alleviate their pains of being stuck in a traffic jam.</p>
<p>&nbsp;</p>
<ul>
<li><strong>Make it visible to at least 100 meters</strong></li>
</ul>
<p>It will defeat the purpose if your ads could not be seen by at most 100 meters. Make all those revisions and start to check if it can be seen even by a passerby who could be blocks away. Avoid putting details around as this will give your audience hard time to look into it. If possible make things short yet projected and can be seen far away. In this way, your <strong>LED Signs</strong> ads will truly add a lot in your advertising campaigns.</p>
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		<title>Jon M Queen DC: A Citizen Of The World</title>
		<link>http://www.bainbridge-online.com/jon-m-queen-dc-a-citizen-of-the-world/</link>
		<comments>http://www.bainbridge-online.com/jon-m-queen-dc-a-citizen-of-the-world/#comments</comments>
		<pubDate>Tue, 06 Mar 2012 13:48:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=509</guid>
		<description><![CDATA[There are certain individuals who have the courage to make a change and stand up for what they believe is right. And they are admired for that quality. Some are more known than others. Others are happy to pursue their passion and at the same time offer their help freely without expecting any form of [...]]]></description>
			<content:encoded><![CDATA[<p>There are certain individuals who have the courage to make a change and stand up for what they believe is right. And they are admired for that quality. Some are more known than others. Others are happy to pursue their passion and at the same time offer their help freely without expecting any form of recognition. They are the ones who make a really big impact to the world, taking their skills and abilities to good use. One such example is Jon M Queen DC.</p>
<p>&nbsp;</p>
<p><a href="http://www.jonmqueen.org/">Jon Queen</a> holds a specialization in the fields of finance, economics as well as law. He is regarded as an expert in the area of trading transactions, legal analysis, contract drafting, project financing and risk analysis. But his impressive resume is not the reason why he is recognized as a citizen of the earth.</p>
<p>&nbsp;</p>
<p><a href="http://jonmqueendc.com/">Jon M Queen DC</a> was one of the lawyers at Latham &amp; Watkins LLP. He was in charge of the business development initiative of the firm for greenhouse gas and climate change. He was also part of John Hancock’s financial services group. He then moved to join the International Environmental Trading Group or IETG where he was a Senior Vice President and head of the Eastern  Europe group. After which, he joined Anemone Group of Companies as the Executive Director.</p>
<p>&nbsp;</p>
<p>Jon Queen is the Managing Director at Jaspen Capital Partners. He has an extensive experience and a comprehensive resume to support his credentials. In his company, he is mainly responsible for equity as well as fixed income placements. He works at creating a structure and managing the development of specific projects as well as transactions involving capital market in Ukraine. He is also implements deals involving the Kyoto Protocol’s Clean Development Mechanism, WWF’s Gold Standard and the Voluntary Carbon Standard and Joint Implementation Mechanism.  Before his major stint at Jaspen Capital Partners, Jon Queen worked at Phoenix Capital which is an investment bank located at Kiev. He served as a Director of International Sales in his previous company, Phoenix.</p>
<p>&nbsp;</p>
<p>Taking his extensive experience, though he was involved in different companies, his work is consistent at projects advocating the cause of the environment. And this more than his impeccable work history is what is impressive about him. He is indeed a model that people should emulate. While being a professional, he does not forget his responsibility s a citizen of the world.</p>
<p>&nbsp;</p>
]]></content:encoded>
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		<item>
		<title>Car Parts and Performance- How Do They Relate?</title>
		<link>http://www.bainbridge-online.com/car-parts-and-performance-how-do-they-relate/</link>
		<comments>http://www.bainbridge-online.com/car-parts-and-performance-how-do-they-relate/#comments</comments>
		<pubDate>Tue, 06 Mar 2012 12:45:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=506</guid>
		<description><![CDATA[Car parts greatly implicate on the performance of the car. The performance can be enhanced or deteriorated by the quality of parts fitted. What this means is that if you source for quality car parts, you increase your car performance in speed, fuel consumption and mileage performance. You also enhance the lifespan of the car. [...]]]></description>
			<content:encoded><![CDATA[<p>Car parts greatly implicate on the performance of the car. The performance can be enhanced or deteriorated by the quality of parts fitted. What this means is that if you source for quality car parts, you increase your car performance in speed, fuel consumption and mileage performance. You also enhance the lifespan of the car. If you want to buy <a href="http://www.swopetoyotapartsdirect.com/">Toyota parts</a>, you need to source for a trusted manufacturer who designs quality parts that are durable and affordable.</p>
<p>&nbsp;</p>
<p>Buying OEM parts can be at time costly and not within the reach of many car owners. In order to ensure that they get same quality car parts such as <a href="http://www.swopemitsubishipartsdirect.com/">Mitsubishi parts</a>, they need to source them from primed manufacturers. They get the products at cheap prices and this is because, there are no middlemen in the transaction process.</p>
<p>&nbsp;</p>
<p>The parts are sourced directly from a manufacturer and this means that the benefits of avoiding a middleman are passed on to the car owners. The car owners are able to get car parts and accessories like <a href="http://www.swopehyundaipartsdirect.com/">hyundai accessories</a> at very competitive prices, which also getting the same quality as the OEM part.</p>
<p>&nbsp;</p>
<p>This saves them money and the automobile owners improve their cars performance. They also enhance the look of their cars and above all, they ensure safe driving on the roads. Shipments of the car parts are done within the shortest duration possible upon purchasing the parts.</p>
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		<title>Effective Ground Management – Dewatering</title>
		<link>http://www.bainbridge-online.com/effective-ground-management-%e2%80%93-dewatering/</link>
		<comments>http://www.bainbridge-online.com/effective-ground-management-%e2%80%93-dewatering/#comments</comments>
		<pubDate>Sat, 03 Mar 2012 11:34:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=503</guid>
		<description><![CDATA[We all know that under the surface we are now living has a considerably huge amount of water. It is unknown as to how deep this water reaches. One of the biggest sources of drinking water for a lot of community is groundwater.  Since it is located just beneath the Earth’s surface, it is easily [...]]]></description>
			<content:encoded><![CDATA[<p>We all know that under the surface we are now living has a considerably huge amount of water. It is unknown as to how deep this water reaches. One of the biggest sources of drinking water for a lot of community is groundwater.  Since it is located just beneath the Earth’s surface, it is easily subject to contamination. To protect the health of the general public, national governments impose laws to big companies regarding waste disposal, especially to manufacturing businesses. In order to comply, most companies rely on processes such as dewatering and groundwater control techniques.</p>
<p>In order to have an effective groundwater management, companies do dewatering by effective filtration of chemicals present in the soil where the water came from. Among these chemicals are iron, arsenic, pesticides and fertilizers. These chemicals are the one causing cancer and poisoning to people drinking water contaminated by it. Contaminated water is very evident in its color and taste. It is highly possible that the water you are drinking is contaminated if it tastes like metal. Based on studies, these chemicals are common source of cancer and lower the mortality rate of the population.</p>
<p>The process of dewatering involves removal the water of the ground level with the use of pumps and similar apparatuses. With this kind of process, it proves to be significant with construction of many structures. Dewatering provides a good base which can hold buildings or structures in a good amount of time. Most of the materials used in the <a href="http://moretrench.com/">deep foundations</a> of buildings and structures are weak with water. In time, water will destroy the materials and will make the entire structure vulnerable to earthquakes and external force. Since dewatering will remove a huge amount of groundwater, these materials’ life span will increase.</p>
<p>As can be seen, dewatering is cost effective. The money spent on machines used in the process can be considered cheaper compared to the money to cover rehabilitation and cure of diseases caused by chemicals contaminating our drinking water. It is also less compared to the money that will be spent in constantly repairing deep foundation damages due to weak materials.</p>
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		<item>
		<title>How To Put Your New Small Business On Auto-Pilot Profitably</title>
		<link>http://www.bainbridge-online.com/how-to-put-your-new-small-business-on-auto-pilot-profitably/</link>
		<comments>http://www.bainbridge-online.com/how-to-put-your-new-small-business-on-auto-pilot-profitably/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 01:32:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=497</guid>
		<description><![CDATA[There are two ways you can build your small business. You can do it the hard way (this is most likely the way you are doing right now) or you can do it the easy way. Sometimes building your business the hard way can be lucrative and you can make a lot of money, but [...]]]></description>
			<content:encoded><![CDATA[<p>There are two ways you can build your small business. You can do it the hard way (this is most likely the way you are doing right now) or you can do it the easy way.</p>
<p>Sometimes building your business the hard way can be lucrative and you can make a lot of money, but it is a struggle, makes your life hard, so what is the point of it?</p>
<p>Building your small business the easy way will be a new concept for you.</p>
<p>Most people think that in order to get a business to succeed it has to be hard. Through the unconventional marketing systems you will learn throughout this program your small business will be fun, easy, and very profitable.</p>
<p>You will make a lot more money in your small business and you can do it easily and quickly. There is a lot more to life than going through a series of tough struggles to get what you want.</p>
<p>Using great unconventional marketing makes selling easy and most of the time unnecessary.</p>
<p>Most people interchange marketing and selling or are confused on the differences. Selling is face-to-face or person-to-person over the telephone. Marketing comes before selling and it is what you do to get the prospects to you so you can sell them. We have created unconventional marketing processes for your small business that will allow you to, in many ways eliminate selling face-to-face.</p>
<p>When unconventional marketing is done right, it will deliver to you people who are pre-qualified, pre-interested, and pre-motivated to do business with you. It will screen, sift, and sort people who want to talk with you and get rid of people who you should not be talking to.</p>
<p>Sometimes, in selling, an enormous amount of time is wasted talking with people who have no interest in the services or products you offer. When the unconventional marketing is done right like we are going to show you, you&#8217;re not going to have much difficulty selling because the marketing process automatically did all the work.</p>
<p>Always remember that unconventional marketing, done properly, is the fastest way to get clients.</p>
<p>Everything in this program is easy to understand, implement, and completely ethical.</p>
<p>Small businesses who have the biggest profits are not necessarily the hardest workers&#8230;</p>
<p>They are the smartest workers.</p>
<p>Working hard can only get you so far. There is no limit to your profit if you learn to work smart. And you will not have to sacrifice any part of your life or time with your family to dramatically increase your net profits.</p>
]]></content:encoded>
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		<item>
		<title>Annual Government Filings and Minutes &#8211; Corporate Maintenance and Compliance</title>
		<link>http://www.bainbridge-online.com/annual-government-filings-and-minutes-corporate-maintenance-and-compliance/</link>
		<comments>http://www.bainbridge-online.com/annual-government-filings-and-minutes-corporate-maintenance-and-compliance/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 01:32:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=491</guid>
		<description><![CDATA[As a small business owner of a corporation, it is crucial to know and understand the steps necessary to maintain &#8220;good standing&#8221; with the government of formation. Good standing refers to the status a corporation holds by complying with all required corporate requirements with the jurisdiction of incorporation following the initial formation of the corporation. [...]]]></description>
			<content:encoded><![CDATA[<p>As a small business owner of a corporation, it is crucial to know and understand the steps necessary to maintain &#8220;good standing&#8221; with the government of formation. Good standing refers to the status a corporation holds by complying with all required corporate requirements with the jurisdiction of incorporation following the initial formation of the corporation. If business owners neglect to file annual reports and pay annual fees, they may find themselves breaching government requirements.</p>
<p>Many new business owners are unaware of the important obligations that must be upheld AFTER they have formed a new business entity. All too often there are accounts of entrepreneurs starting a business, incorporating that business, then failing to comply with various government imposed formalities and filings. There are many ongoing government requirements that small business owners need to comply with, namely: annual government reports/returns and fees, notice of a name change, notices of change of registered office, directors and in certain jurisdictions, their shareholders. These forms are different than tax related forms such as tax returns, GST/PST filings and payroll deductions.</p>
<p>In addition to government filing requirements, there are many other internal formalities small business owners should undertake. A corporation must keep internal records for important decisions that are made by its directors and shareholders. These include any number of matters, from appointing a new officer, paying a corporate dividend (profit), changing the registered office, issuing or transferring shares, approving the financial statements and electing directors, among others. Typically, most corporations prepare &#8220;annual minutes&#8221; when many of these are decided. These can be done at an annual meeting where &#8220;minutes&#8221; are signed or they may be papered by records signed by the directors and shareholders, in lieu of such meetings. The decisions are recorded and kept in the corporation&#8217;s minute book along with all other important corporate documents.</p>
<p>The combination of these two obligations is what lawyers and accountants typically refer to when they speak about &#8220;corporate maintenance&#8221; and &#8220;maintaining your corporation&#8221;. Good corporate maintenance results from the prompt preparation of proper documentation kept with the records of the corporation, as well as the filing of the government forms and notices keeping the relevant information up to date on government registries. Failure to respect these obligations may lead to government fines and even the dissolution (closing) of a corporation or losing the protection of limited liability by piercing the corporate veil.</p>
<p>Avoiding the Piercing of the Corporate Veil</p>
<p>In most situations, small business owners form corporations, in part, to separate their personal assets from those of their company. However, if the business does not perform all the necessary steps to ACT like a corporation, including paying annual fees, filing annual reports with the government in a timely fashion and holding the necessary meetings, it may fall victim to what is called &#8220;piercing the corporate veil.&#8221;</p>
<p>The veil is the shield of limited liability that stands between the owner of a limited liability company, and the business&#8217;s creditors. Ordinarily, because of this valuable legal shield created when you formed your business entity, the business&#8217;s creditors can only seek payment out of the business&#8217;s assets.</p>
<p>When this veil is pierced, the business&#8217;s creditors can reach the owner&#8217;s personal assets outside of the business. In short, limited liability, perhaps the most sought after attribute of a corporation, is lost.</p>
<p>To avoid the piercing of the corporate veil due to failing to maintain corporate formalities, it is very important that small business owners are aware of the government and internal regulations imposed on corporations. There are many ways in which owners can keep track of these regulations. The most common ways are to contact the state directly for an outline of requirements, subscribe to a service or hire a professional or individual to be responsible for these filings. Whichever means the small business owner chooses to comply with these regulations is typically a matter of personal preference. It is, however, very important that they understand that even failure to comply could be detrimental to the life of their business.</p>
<p>Annual Filings Deadlines and Fees</p>
<p>As mentioned above, each year a corporation must update the information provided in its initial filing by reporting an annual filing. The annual filing must be filed within the prescribed dates. The annual filing must be accompanied by the amount of the annual filing fee (amount varies depending on jurisdiction). Failure to comply may lead to penalties and even dissolution. As such, corporations should pay careful attention to filing</p>
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		<title>Five Steps to Create a Budget for your Small Business</title>
		<link>http://www.bainbridge-online.com/five-steps-to-create-a-budget-for-your-small-business/</link>
		<comments>http://www.bainbridge-online.com/five-steps-to-create-a-budget-for-your-small-business/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 01:32:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=486</guid>
		<description><![CDATA[How I hate budgets! Every time an accountant told me to put together a budget for my company, my response was &#8211; &#8220;When I get the time I will!&#8221; I just never seem to get the time. For several years when I first started my company I never paid attention to a budget. I knew [...]]]></description>
			<content:encoded><![CDATA[<p>How I hate budgets!</p>
<p>Every time an accountant told me to put together a budget for my company, my response was &#8211; &#8220;When I get the time I will!&#8221; I just never seem to get the time.</p>
<p>For several years when I first started my company I never paid attention to a budget. I knew if I made money by looking at my financial statements and that was good enough for me. Also, every time I tried to put something together I never compared my actual financials to the budget numbers I created.</p>
<p>Two years ago, I decided to take a different approach. I developed a forecast for a quarter of what I expected income and expenses to be. I came up with the figures based on the previous year&#8217;s actual numbers. It was easy to look at last year and just add a percentage increase to the numbers. Then I took the time to review once a month the forecast with where we were at that point.</p>
<p>By using this system of creating a forecast and comparing that to actual financials on a monthly basis I was able to focus on income areas that were falling behind and stop expenses that I didn&#8217;t need to make.</p>
<p>I am an avid fan of informational products. I buy thousands of dollars every month. With the forecast in place I caught myself spending more then I allocated and was able to just cut back the next month. The great thing about this system is that you are not locked into a specific figure each month but yet you stay within guidelines of where you want to be before the year or quarter finishes.</p>
<p>The best way to set this up is to use a financial program such as Quickbooks or Peachtree. Track all income and expenses using the software. The next step is to print financial statements that track what you have done. Then take the numbers of your financial statements and increase your income by the percentage you want to raise revenue by. Then look at expenses and determine what categories will increase based on the sales increase. This will become your financial projections.</p>
<p>The last step is to review your actual financial statement (Income Statement or Profit and Loss) to your projections. Have systems in place to increase revenue and decrease expenses as necessary.</p>
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		<title>7 Ways to Build More Profit Into Your Small Business</title>
		<link>http://www.bainbridge-online.com/7-ways-to-build-more-profit-into-your-small-business/</link>
		<comments>http://www.bainbridge-online.com/7-ways-to-build-more-profit-into-your-small-business/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 01:32:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">http://www.bainbridge-online.com/?p=481</guid>
		<description><![CDATA[As you prepare your business for success in the coming year, will you focus your time and resources on sales growth? While it&#8217;s important, it&#8217;s often not enough. For sustainable growth and profit with a lot more control, spread your efforts around &#8211; creating small improvements in ALL areas of your business. It&#8217;s the formula [...]]]></description>
			<content:encoded><![CDATA[<p>As you prepare your business for success in the coming year, will you focus your time and resources on sales growth? While it&#8217;s important, it&#8217;s often not enough. For sustainable growth and profit with a lot more control, spread your efforts around &#8211; creating small improvements in ALL areas of your business. It&#8217;s the formula for a business that is simple, fun and profitable!</p>
<p>So where do you start? Here&#8217;s the formula I recommend.</p>
<p>Planning. You don&#8217;t need a 50 page business plan. But you do need some clear, measurable goals with specific &#8216;actions&#8217; you need to take to achieve them. Written goals and a simple action plan provide you with focus and clarity. So take the time to write down what you WANT (results or outcomes) and what you need to DO (actions) to make it happen.</p>
<p>Products/Services. When was the last time you actually thought about the products or services you offer? It&#8217;s more than just &#8216;what price should I charge&#8217;. Which ones are most profitable, which produce the most sales? Do your products and services still meet the needs of your target customers or do they need a facelift? Technology, competition and your customer needs change over time &#8211; make sure your products and services keep up!</p>
<p>Promotion. Sales don&#8217;t just happen. So what are you doing to attract new customers and keep existing ones coming back and referring others? Most owners associate promotion with marketing for new customers &#8211; and invest few (if any) resources on current customers. Big mistake. Make sure your plans also include tactics to turn your current customers into raving fans &#8211; who spend more, buy more often and refer other quality people to your business.</p>
<p>Processes. Streamlining and standardizing procedures make daily operations easier, efficient and more effective, whether you are there or not. They are also a key to increased profitability. As you plan for the coming year, make systematizing your business more of a priority. Start with just a few. Focus on those that save you time, increase sales, or fix problems that consistently erode profit.</p>
<p>People. No business operates successfully in a vacuum &#8211; we all need help from others. While we often associate people with employees, building a strong network of contractors, vendors and alliance partners for your business is equally important. Your needs will vary based on your business &#8211; but most small businesses have an opportunity to improve in this area. Have a method for hiring or developing new relationships with people who are committed to your customers and the success of your business.</p>
<p>Personal Development. As you grow and improve, so will your business. We are all familiar with the phrase, knowledge is power, but it also translates to earnings or income. And it doesn&#8217;t require a lot of time or money &#8211; just a commitment to learning and building skills and knowledge. Here&#8217;s a few things to consider:</p>
<p>Invest 15 minutes a day reading and you will read about 12 books a year.<br />
Turn drive time into learning with audio books.<br />
Attend interactive workshops or webinars to improve knowledge gaps or simply get new ideas.<br />
Meet with and build relationships with other successful business owners so you can share information and learn.<br />
Work with a mentor or business coach who can help you find hidden opportunities, provide shortcuts to results and accountability to get more done.</p>
<p>Profit. You don&#8217;t need to be an accountant or financial guru, but you do need to track and understand the numbers that drive your business &#8211; beyond just sales. Here&#8217;s a few others to consider: average sale per customer or transaction, number of leads, revenue per employee, average accounts receivable, gross profit margins, customer retention rates and net profit. Monitor them and focus on activities that help to improve them &#8211; especially gross profit margins and net profit. If you keep them at the center of what you do, your small business will continue to serve your needs and the needs of your people and customers.</p>
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