Tuesday, October 21, 2014
Top Entrepreneur News

Mon, 20 Oct 2014 22:30:00 -0500

Taking your company public is about more than bringing in a lot of new funds. For one thing, it won't really be your company anymore.

Mon, 20 Oct 2014 22:00:00 -0500

Websites need to be engaging visually or risk being ignored but that doesn't require adding a new line item to your budget.

Mon, 20 Oct 2014 22:00:00 -0500

Some companies cultivate and win consumers' support by thanking and rewarding them for their online engagement.

Mon, 20 Oct 2014 21:30:00 -0500

Follow these simple guidelines to build up a venture of your choosing for little to no capital.

Mon, 20 Oct 2014 20:45:00 -0500

Choosing the right location for a company can be a challenge. Weigh the community, the competition and costs.

Mon, 20 Oct 2014 20:30:00 -0500

Preparing in advance can help you practice where to put the stress in your voice or add dramatic pauses.

Mon, 20 Oct 2014 20:15:00 -0500

Being cheap when it comes to optimizing your website for the web will most likely bite you in the behind.

Mon, 20 Oct 2014 20:04:00 -0500

The "like" button's creator explains why the tech giant isn't likely to ever have a thumbs down.

Mon, 20 Oct 2014 20:00:00 -0500

The insidious mental illness is a leading cause of absenteeism. Happily, some good ideas for building team cohesion make the disease much less likely.

Mon, 20 Oct 2014 19:45:00 -0500

Returns are synonymous with the holiday season for a variety of reasons, but with effective preparation retailers can avoid unnecessary collateral damage to their bottom line.

Mon, 20 Oct 2014 19:30:00 -0500

Being on the road constantly can put added stress on your company, employees and yourself. Here is how to make it work.

Mon, 20 Oct 2014 19:15:00 -0500

Looking for the perfect image for your next project? Try some of these free online resources.

Mon, 20 Oct 2014 19:00:00 -0500

Don’t just hire to fill a position. Hire to bring the position and your company to a new level.

Mon, 20 Oct 2014 18:45:00 -0500

Aim for for the gold standard when conducing individual reviews. Create an environment where ongoing evaluation is a welcomed aspect of workplace culture not a loathsome ritual.

Mon, 20 Oct 2014 18:44:00 -0500

It has been reported that in the next few weeks Microsoft will be debuting its smartwatch. But does anyone care?

Mon, 20 Oct 2014 18:39:00 -0500

Satya Nadella says he was thinking of his own 22-year climb up Microsoft's corporate ladder, though he says now that he encourages women to speak up.

Mon, 20 Oct 2014 18:30:00 -0500

For many companies, it is all about the people. So, you need to make sure everyone you bring on fits the culture of your business.

Mon, 20 Oct 2014 18:15:00 -0500

Regardless of what industry you’re in, you’ll always have at least one competitor who has been around longer and has tried harder to build a web presence.

Mon, 20 Oct 2014 18:00:00 -0500

While almost every small business has a formal board of advisors in place, establishing a personal advisory board can prove invaluable to entrepreneurs on both a professional and personal level.

Mon, 20 Oct 2014 17:48:00 -0500

'People’s Uber,' the company's pilot program that connects car owners with passengers, is expanding its presence in China.

Mon, 20 Oct 2014 17:47:00 -0500

British Justice Secretary: 'Internet trolls are cowards who are poisoning our national life.'

Mon, 20 Oct 2014 17:30:00 -0500

While data visualization is a great way to show off your data, incorporating audio can also do the trick.

Mon, 20 Oct 2014 17:21:00 -0500

More than $33 billion was invested in startups by venture capitalists in the first three quarters of this year, surpassing the $30 billion invested by venture capitalists in all of 2013.

Mon, 20 Oct 2014 17:15:00 -0500

Braintree founder Bryan Johnson has created a fund for start-ups focused on a sci-fi future.

Mon, 20 Oct 2014 17:00:00 -0500

Capturing market share from established brands is not as difficult as you might think.

Mon, 20 Oct 2014 16:30:00 -0500

We correct some of the most common misconceptions.

Mon, 20 Oct 2014 16:30:00 -0500

It can track vehicle location, real-time movement and driver performance, dramatically increasing efficiency.

Mon, 20 Oct 2014 16:30:00 -0500

From monitoring driver behavior to checking vehicle wear, here's how telematics software can help manage your company's fleet.

Mon, 20 Oct 2014 16:30:00 -0500

A glance at UPS shows how they do it better than anyone, and how you can streamline the operation of your own company vehicles.

Mon, 20 Oct 2014 16:00:00 -0500

With word-of-mouth marketing and a focus on customer service, two friends are becoming the sleeper hit of the mattress industry.

Tue, 21 Oct 2014 05:13:00 -0500

Breaking from the pack, Apple beat consensus estimates for the September quarter and delivered earnings growth of 13 percent versus last year. Apple stood in sharp contrast to other tech leaders, IBM, Google and Netflix, who missed earnings estimates in the quarter. IBM said it plans to reorganize to focus [...]

Tue, 21 Oct 2014 01:52:00 -0500

Image by Slaven Vlasic/Getty Oscar de la Renta, the prolific American designer, has died, ABC News and Univision have confirmed. He was 82-years-old. De la Renta had appointed Peter Copping as Creative Director of his eponymous brand just last week. The designer had been battling cancer since 2006, although his cause of death is [...]

Mon, 20 Oct 2014 22:18:00 -0500

Facebook sues the lawyers who represented Paul Ceglia, the convicted felon who said Mark Zuckerberg promised him a big piece of the company.

Mon, 20 Oct 2014 21:06:00 -0500

If you're a woman who's spent any time at all in the corporate world, you might recognize yourself in Ruzwana Bashir's story. Before cofounding travel site Peek, British-born Bashir spent the formative years of her career in the relative boys clubs of Goldman Sachs and Blackstone. At the latter, Bashir, now [...]

Mon, 20 Oct 2014 17:26:00 -0500

Nick van de Wall--more commonly known by his DJ moniker "Afrojack"--knows a thing or two about getting peoples' attention.

Mon, 20 Oct 2014 15:19:00 -0500

In her first ever public address, Monica Lewinsky revealed her plan to launch a "cultural revolution" against the sort of online harassment she experienced firsthand in the late 1990s.

Mon, 20 Oct 2014 13:00:00 -0500

"I have a half moon and a star, this is the sign of my family," says street artist Blek Le Rat, real name Xavier Prou, gesturing to the gold signet ring adorning his right hand. We are comparing jewelry: my band includes my initials in Arabic, while his bears the crest [...]

Mon, 20 Oct 2014 12:00:00 -0500

Wondering if your LinkedIn profile is up to snuff? Follow these tips to create the best one possible.

Mon, 20 Oct 2014 07:29:00 -0500

Apple’s senior vice president of Software Engineering Craig Federighi said that Apple iOS 8.1 will be releasing today. Apple iOS 8.1 includes bug fixes, functionality for several Continuity features, the iCloud Photo Library, Apple Pay and the return of the Camera Roll. Continuity Continuity lets you easily switch between your iPhone, iPad [...]

Sun, 19 Oct 2014 17:21:00 -0500

During a conversation with Harmonix about Disney Fantasia: Music Evolved, we took a detour to discuss the possibility of Rock Band 4.

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Where Less Tax Burden Flow - Chaldean Businesses Go
By David Najor :: Monday, December 22, 2008 :: 19003 Views :: Article Rating :: Business & Finance, Government & Society

California, USA – Chaldeans in California grow worrisome as the state’s debt skyrockets.  “They will tax the people to death in this state,” says Abrahim Bajoka, owner of an Arco Gas Station.  “Tax! Tax! Tax!  The more money they take from us the less we can grow, hire new people, or buy new products to sell.  This is basic business.  What is wrong with this state?”

Bajoka’s aggravation is not rare.  Taxpayer groups in the “Fruit & Nut” state are also fuming and vowing to go to court to initiate a referendum to halt nearly $10 billion in recent tax increases Democrats passed in a secret special session last Thursday. 

Lawmakers across the nation are shocked at the extraordinary parliamentary maneuver.   California Democrats circumvented a constitutional provision requiring a two-thirds vote in the state legislature to raise taxes by using their simple majority. “What they are telling small business owners is that we don’t want you in our state,” says Bajoka.  “The hard workers get taxed and the lazy get fed.  This is all wrong.”

So which are the best low-tax states welcoming new business leaders and encouraging economic growth?  Just follow the trail of Chaldeans….

Chaldeans are wisely picking the low tax states to expand their franchises or establish new businesses.  Lower taxes gives businesses more cash to spend exploring new business ideas, product lines, marketing, and research.  Kicking less money up to Uncle Sam also helps business owners better cope with changing estimations of expenses due to regulatory fuel and energy costs. 

Bajoka says that whatever taxes a business is required to pay will simply be passed to the customers by increasing the cost of products.  However, higher prices means less buying, which means less production and manufacturing or a slowing of the economy.  “Customers will buy less.  They can’t afford as much because government forces the prices to go up.  This is not the time to raise taxes.” 

Tax Foundation President Scott Hodge reported a study that shows Americans will spend more on taxes in 2008 than on food, clothing, and housing combined. The report went on to say that in 2008, Americans worked 74 days to pay their federal taxes and 39 days more to cover state and local levies.

Outside of leaving the country, the most one can do about Federal taxes is vote the right people into office.  But the state and local tax burden varies considerably by location. The most expensive state and local taxes are typically sales and excise taxes (14 days' pay), property taxes (12 days' pay), and income tax (10 days' pay).

U.S. News cranked recently sifted through more than 2,000 U.S. places to find locales that have relatively low taxes but also offer amenities important to small business owners like a reasonable cost of living and fine recreational and cultural choices. Many of the low-tax havens have no state sales tax, like Billings, Mont., or no state income tax, like Sioux Falls, S.D.

There's nothing like zero tax to make your business dollar go further. 

Chaldeans are well aware of one low-tax retirement gem, Stafford, Texas, a suburb of Houston.  The place has been booming with new businesses because of the suburb’s move to entirely eliminate its property tax in 1995. Texas is also one of seven states with no income tax. (The others are Alaska, Florida, Nevada, South Dakota, Washington, and Wyoming.) Stafford also has the lowest sales tax in the Houston area.

Chaldeans are also moving to Florida and Las Vegas.  The business-friendly tax structure of the states has kept the states doing amazingly well in comparison to states like Michigan, Illinois, and California are drowning.  Both Florida and Nevada have slashed government budgets instead of taking the short-term easy way out and tax residents and businesses. 

There is one state the our native desert dwellers have yet to invade.  The most tax-friendly state for businesses is Alaska. The geographically largest state in the union is the only one without any kind of income or sales tax and pays residents to live in their state.

Alaska residents with at least one year in the state receive annual Alaska Permanent Fund dividends. The state’s governor was able to secure an incredibly high payout for Alaskan residents of $3,269 in 2008, but even more typical dividends have been nothing to scoff at, ranging from $827 to $1,964 over the past two decades.

Who knows maybe Chaldeans will venture out into polar bear country?  Michigan Chaldeans won’t have much of a problem dealing with the frigid winds, snowy roads, and icy car doors - not as long as they keep the tea warm.