Archive for the ‘business’ Category

You May be Sharing Your Social Security Number

Tuesday, August 17th, 2010

Reports are surfacing that your unique social security number may not be so “unique” after all. 

While the Social Security Administration has a system to assign social security numbers, your number may belong to one other person, or, even nine other people.  Reportsalso indicate that many Americans have multiple Social Security numbers, due to careless record-keeping, errors, mis-information, or identity theft.  The best way to protect your records is to keep yourself informed about your own credit score and credit history.  

Sales and Marketing Outsourcing Gaining Popularity

Wednesday, July 14th, 2010

There are several methods and benefits of outsourcing sales and marketing today.

We have all watched company after company, industry after industry, make decisions to outsource functions previously considered too proprietary or critical to ever trust with outsiders (IT, HR, Payroll, CRM, etc…).   So we shouldn’t be surprised that sales and marketing is rapidly moving up the list of business processes now receiving that same consideration.

Sale and marketing outsourcing (SMO) is fast gaining momentum, perhaps because of challenges resulting from the economic downturn, but more likely because business, competitive and specialization trends continue forcing companies to find ever more efficient, scalable and effective solutions to generating revenue.

When to Consider Sales and Marketing Outsourcing:

1. Entering a new market, geography or industry segment;

2. Launching a new company, division, services or products;

3. Supplementing internal sales, marketing or solution teams to gain a speed to market advantage

4. Mentoring existing sales and marketing leaders during transitional periods

5. Developing and launching new sales strategies, go to market models and pursuit processes.

These are excellent occasions to engage outside sales and marketing expertise and benefit from external perspective and experience.

Of all the challenges companies face in outsourcing sales and marketing, the most overlooked is committing to make decisions and execute quickly.

Remember, outsourcing should be viewed as a value as well as a time and budget saver.  Look for new and innovative ways like outsourcing to accomplish your goals and keep the momentum necessary to ensure your future survival.

Consider this, there are 2 types of companies – those that adapt to change and those that go out of business.

Authored by: Dana Carpenter; Kontor Business Solutions; www.YourKontor.com; dana@yourkontor.com,  (tel) 407-902-6642.

Fannie Mae Offers Incentives for Foreclosure Purchases

Tuesday, February 2nd, 2010

Fannie Mae just announced that it is offering incentives for buyers who are looking to purchase a home this Spring.  The terms of the incentive state that buyers purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice of appliances. This deal is set to last until May 1, 2010.

Bankers Give Wrong Legal Advice To Consumers

Monday, February 1st, 2010

Consumers need guidance and protection more than ever.  The Miami Herald recently posted this article clarifying some incorrect advice that bankers were giving to consumers about how bank accounts and other property can be titled and conveyed.

When in doubt about advice you have received, seek out legal experts to protect yourself.  Contact any of the attorneys in our firm today to set up an appointment.  We are happy to help.

Start of the Year Legal Needs

Friday, January 22nd, 2010

Whether you realize it or not, the start of a new year is an important time for business owners.  Annual reports and tax returns are coming due.   There is no better time to meet with your business law attorneys for a general consultation.

Right now, you should be thinking about the following issues:

  1. Preparing your business’s Annual Report to be filed with the Department of State;
  2. Preparing the information necessary to send W-2 Forms to your employees, and 1099 Forms to your contractors to whom you have paid more than $600.00;
  3. Gathering all bank statements and records of business expenses;
  4. Reviewing all forms and contracts used in the operation of your business to insure that they comply with annual changes to federal, state and local laws, and the terms thereof;
  5. Taking inventory of all intellectual property your company owns to insure that all renewal and maintenance documents and other requirements are up to date (business names, product names, domain names, patents, copyrights);
  6. Reviewing possible claims your company has against third parties for breaches of contacts, breaches of warranties or trademark, copyright or patent infringement;
  7. Taking inventory of your accounts payable and accounts receivable to determine whether legal counsel could be of assistance to increase your rate of collection, or defend disputed claims of vendors;
  8. Insurance requirements;
  9. Revising your company policies;
  10. Compliance with federal, state and local regulations governing your business;
  11. Reassessment of the value of any buildings, offices, land or real property owned to that your property taxes reflect today’s market value, not yesterday’s inflated values; and,
  12. Assessing your business’s need for capital – (i.e. – would the future of your business be better served with a loan or investment from the sale of stock or other interest in the business?).

We can help guide you through all of the above. You should also start contacting and interviewing accountants if you have not already.  We can recommend accountants if you do not have one.

Please schedule an appointment with Michael I. Santucci or Joseph V. Priore in the next month for a FREE CONSULTATION, if you need our help, or just to visit us.  Happy New Year!