Here are a few of the main reasons your clients should have an audit trail.
Entity management is considered a discipline and will require the right tools to be successful. Here are a few entity management tips to help.
Property managers have access to their residents’ private information, including addresses, social security numbers, and banking information. It is their responsibility to safeguard this information from prying eyes. So, how does a property manager go about doing this? Here are three tips to get you started: 1. Invest in Cyber Security Hackers are more sophisticated […]
The term LLC stands for “limited liability company.” As the name suggests, there are definite legal and financial benefits to forming an LLC. However, creating a new LLC must be done properly in order for your business to remain compliant with federal and state laws and avoid penalties. Here are 2 legal tips on how […]
As a new business owner, one of the things you will have to do is a break-even analysis. A break-even analysis will predict when your business will earn enough revenue to cover the expenses. For an accurate analysis, you will need to predict what your costs and profits will be. Here are some tips to […]
In the world of big data and advanced hacking, protecting your client’s data is more important than ever. Let’s take a look at a few ways you can mitigate your shareholders’ risks when it comes to their data by keeping it as protected as possible. Proper Channels When users are exchanging data however large, it […]
If you hate paying corporate income taxes and then paying personal income taxes on business profits, now may be the right time for you to form an S-Corp. However, there are consequences, such as IRS scrutiny, that you must consider carefully before you make the decision. To help you decide, here are two signs now […]
Property management can be a very successful and rewarding career if done properly. Just like any other big decision you make in life, it’s best to do your research and form a plan before you take action. Otherwise, you might run into some unforeseen problems that could have been avoided. Before you can begin operating, […]
There can be certain times when laws seem a bit hazy. In order to ensure the safety of your company and the happiness of your tenants, make sure to be aware of these laws: THE LANDLORD-TENANT LAW For privacy reasons, landlords are not typically allowed inside a tenant’s home without due reason. There are specifications […]
Has your client approached you for advice on forming a new business entity? Perhaps you are familiar with the nature of the business’s management but lost in matters regarding entity formation. Creating a new business has several procedures beyond having a perfect idea. In this article, we discuss 3 tips you can use when forming […]