When It Comes to B2B Marketing, Should you be Credible or Incredible?

Should you be Credible or Incredible? Lets’ face it, it is a free market where you can say anything you want about your product or service, true or untrue. Making incredible claims can snag you some customers, but today “Trust” is a business’s most valuable commodity. Here are six strategies to build and keep trust and credibility:

Click here to learn six strategies to build and keep trust and credibility »

How to Pay a Non-Member General Manager of a Multi-Member LLC

In some cases, all the members of an LLC may be investors only and not managers. The business may hire an outside general manager (employee) to make the day-to-day decisions, and therefore, acts as the manager. In this case, the general manager is an employee of the business, but since they are not a member (aka owner), their income is just like that of an employee in any business.

Click here to discover the proper way to pay a non-member general manager in a multi-member LLC »

How to Pay a Non-Manager Member of a Multi-Member LLC

When you have an investor in your LLC, who works less than 500 hours in a given tax year for the LLC, and they do not participate in its management, they are considered limited in their liability and their income is usually considered passive income subjecting the income to only federal and state income taxes based on their marginal tax rate.

Click here to discover the proper way to pay non-manager members in a multi-member LLC »

Small Business Stories – Pick of the Week September 2nd, 2017

This week’s top stories include information covering the following four topics:

– Want to Run a Successful Business? Start by Investing in Personal Development
– Gary Vaynerchuk and 150 Other Entrepreneurs Agree That These 2 Things Are Crucial for Success
– How to Make Money Blogging: How This Blog Makes $100K per Month
– 3 Reasons Why ‘Remailing’ Is A Best Practice For Email Marketing

Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.

Click here to read this weeks small business stories »

How to Get Paid as a Manager Member of a Multi-Member LLC

A member in an LLC that is a decision-maker (manager) is considered an employee of the business by the IRS and is treated differently than non-manager members. Income for managers is considered earned income and is subject to additional taxes but also to additional potential tax deductions. Moreover, as a manager, you are exposed to additional liabilities.

Click here to discover the proper way to get paid as a manager in a multi-member LLC »

Small Business Stories – Pick of the Week August 26th, 2017

This week’s top stories include information covering the following four topics:

– No Money, No Problem: 5 Content Marketing Strategies For A Shoestring Budget
– How You Can Use Learning to Improve Your Marketing Content
– The Big, Easy Guide to Keyword Research for Businesses
– Here Are The Exact Words To Use On Social Media To Get More Customers

Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.

Click here to read this weeks small business stories »

The Truth About Why Draws and Distributions Are Non-Taxable

Draws and distributions are simply a mechanism that allows owners to take out excess cash from the business. In pass-through entities, there are no tax consequences for doing either an owner draw, distribution, or a cash infusion in the normal course of business. This concept often creates a level of confusion for founders not versed in a few basic principles of accounting.

Click here to learn the basic accounting principle s around draws and distributions »