Incblog for Entrepreneurs

Covering entrepreneurship and business start up questions for non-residents and US citizens.

 

May 14 2009

Business plans, innovation and entrepreneurship

by John Gordon | 13:05 GMT

This year, The Wharton School (perennial competitor to my alma maters, Columbia Business School and London Business School) has again generated some interesting ideas in its annual Business Plan Competition: Article This year, hi-tech ideas have yielded ground compared to This year’s competition had 168 entries, showing the huge involvement of the student body of […]

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May 13 2009

Avoiding sales tax problems

by John Gordon | 15:05 GMT

The accounting firm Marcum & Kleigman LLP has an interesting article about avoiding problems with sales tax filings for business. Sales tax is a major revenue source for states, especially New York, so never mess with them on this point. I personally knew one of the agents from this section; while a nice guy personally […]

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Apr 23 2009

LLC v Business Corporation part 1

by John Gordon | 11:04 GMT

LLCs and corporations are different in more ways than just letter combination. Each derived from different types of laws, and therefore come with significant baggage. Corporations, owned by shareholders and ruled by a Board of Directors through hired officers, are the result of centuries of entrepreneurs using other people’s money to produce profits. This led […]

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Apr 22 2009

Authority to do business in another state

by John Gordon | 11:04 GMT

The application for authority and what it really means The filing of an application for authority in a state means that the company is allowed to do business there. The laws that administer how the company is run are unaffected – this is covered by the laws of the state where it is incorporated. However, […]

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