What many small business owners do not realize is that you do not have to be a huge undertaking to incorporate. There are many benefits to incorporating your business if you own a small business, big business, or even a simple home business. Not only will you build instant credibility and receives numerous tax breaks, but the incorporation of your company is one of the best ways to protect your personal assets. Read the rest of this entry »

FIRST LETTER OF COLLECTION, 29 days after the original due date

This letter has yet to be polite, but boring and simple. In this letter confirming what was promised in previous contact in the call, and remind debtors to pay their promise. TRY THIS:

In our previous conversation, the (day), had suggested that you submit your payment in full. Let’s finish this issue now. Please mail payment in full today. Read the rest of this entry »

An effective collections policy requires some kind of system that gives you the best chance of getting overdue bills are paid, save your business. Let slip late payment can slow the flow of cash and spoil the chances of your company’s collection. how to structure their approach to collections is their choice. The important thing is to have an enclosed system and its use in all accounts to it. The following chart will help you begin designing your own. Read the rest of this entry »

Today, one of the most important skills we require all, is the domain of financial issue. This is a time completely unlike anything that preceded us and that is why we can not remain indifferent to the changes that came, that are happening and those to come in the near future.

Financial Education has been neglected for generations and people got used to think that anything having to do with numbers, income, business, investment, budgeting, accounting, etc, etc, it should directly, but his only responsibility was to learn a trade, profession or skill and simply let “others” should be employed to pay them a salary which at best allow them to finance an average standard of living.

The point is that if you still think this way, you’re committing one of the most frequent errors and under-served, which can take you to a financial gap which can hardly go out. It seems tragic and alarming, but it’s true.

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Financial education has been neglected for several generations and people used to think that anything that is associated with a number, income, business, investing, budgeting, accounting, etc., etc., must be direct, but that’s only responsibility is to learn trades, professions or expertise and allow “others” should be used to pay salaries of their most enable them to finance the average standard of living.

The bottom line is that if you still think this way, you do one of the most frequent mistakes and under-served, that can take you to a financial gap which can hardly come out. It seems tragic and alarming, but it’s true.

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Last year around this time I published an article denouncing expansion in a couple of cases Kafkaesque bureaucracy. He concluded that they were not isolated cases, the report World Bank Doing Business, which ranks countries in various categories for ease of doing business in them, put us in the position 23 on 27 of the OECD in the global ranking. And what is worse, ranked 27 on 27, red lantern, at ease to open a business.

Well, a year later we are in the same job classification. This is really disappointing. The evidence that the ease of doing business is important for growth (see, for example, this article) is clear. If we want the economy recovers, I can think of few things cheaper than eliminate unnecessary administrative procedures. Of course, it is much easier to turn Spain into an output of research, or “change the production model,” the song from the reactionaries lazy, they know what will and will not go on living your great life.

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