The Advantages of Creating a Corporation

The Advantages of Creating a CorporationThe Advantages of Creating a CorporationChoosing the right business structure is extremely important because certain types of businesses offer better protection against legal action against business owners than other types do.This is one of the reasons corporations have been popular for a long time.The corporation is seen as its own entity and very rarely can someone sue a corporation and go after personal assets of board members. The downside to that protection is that corporations are governed by a board of directors.You may be the founder of a corporation, but once a board is in place you no longer have entire say over how things go.More than one corporations founder has been booted by a board. So as you read about some of the benefits and advantages of forming a corporation, keep in mind that you may totenstill want to consult with a business lawyer or tax professional to make sure that you are making the best decision for your business an d for you. Advantages of Creating a Corporation There are many forms of business structures and each has their own advantages and disadvantages. If you are new to business or uncertain as to what type of business structure is best for your business, consult a tax professional, accountant, or business attorney before you start a corporation. Here are two important benefits of starting a corporation Limited Liability for Owners Corporations offer limited liability risks to their owners (shareholders). In most corporate structures, shareholders are not personally liable for the debts and other liabilities (including legal) for the business. For example, in a well-structured corporation, creditors cannot pursue owners/shareholders personal assets for the corporations debts. In sole proprietorships and general partnerships, the business and the owner are considered one legal entity. But a corporation is considered its own entity and therefore, separate from the owners. Depending on the corporations legal structure and duties of individual board members, there may be some legal liability exposure. Board members may not always be immune from law suits if they are accused of financial or other corporate mismanagement. Be sure to have the right business insurance to protect board members if they are sued. Tax Advantages of Corporations Corporations can have certain tax advantages over other forms of businesses There are few restrictions for corporations on reporting capital losses (which are generally be carried back three years and can be carried forward for up to 15 years)Because there are fewer restrictions, and presumably greater business transparency, corporations are less likely to be audited than sole proprietorshipsMay deduct 100% of the cost of health and life insurance premiums paid on behalf of owners and employees (sole proprietors filing an individual return may currently only deduct 60% of medical premiums) Corporate income is not subject to S ocial Security, workers compensation, and Medicare taxes and owners do not pay self-employment taxes. C-corporations also have the benefit of dividing income between the corporation and the owners (shareholders). This ability to distribute income can save the corporation considerably on taxes. This distribution of profits, however, also causes ersatzdarsteller taxation, which is seen by many as a disadvantage. In a sole proprietorship, the business owner may personally benefit from tax advantages, but they are also subject to self-employment and other taxes.

Do You Really Want the Job Tell Them in the Interview!

Do You Really Want the Job Tell Them in the InterviewWant the Job? Tell Them in the InterviewDo You Really Want the Job Tell Them in the InterviewYour resume was strong enough to earn an interview. The interview is going well and coming to an end. You like the job, your would-be boss, and the company. Now, you need to be clear to your interviewer that you really want the jobA hiring manager and fellow blogger in the careers space, Alison Green, emphasizes the importance of showing your interest in the job I want someone who wantsthe job someone whos going to be excited to get an offer, who would enjoy coming to work, who isnt going to leave in a year.So, before you leave the interview, you need to make it crystal clear you want the job (If you indeed want it). Here are three things you can say without going overboard or appearing desperate.The job is right for me and Id like to know what the next steps are.This is the direct approach. Its assertive and gives you an idea how deep into the process the employer is and how long you might wait for a call or second interview.Im very interested in the job. Do you have any concerns about my ability to do it?This feedback approach gives the interviewer an opportunity to ask any questions that entered their mind during the interview, and give you a chance to answer on the spot. This sends a clear message that you want to leave them with as complete a picture of you as possible.How do I stack up against the other candidates youve interviewed?If the interviewer responds with something like Im very impressed with your background and how you presented yourself today, know that you did well. If the response goes something like Ill get back to you after we complete our interviews, then you might not have wowed them. Ideally, you want them to say something like Youre a top candidate or Well be in touch within the week.There are no guarantees how things will turn out. But if it comes down to either you or another well-qualified candidate, the fact that youve expressed enthusiasm and a genuine desire for the job could swing the decision in your favor.

17 Great Jobs for English Majors

17 Great Jobs for English Majors17 Great Jobs for English Majors What are you going to do with a degree in English?As a former English major myself, Im no stranger to the anxiety this question provokes. Although an English degree may not directly prepare you for one particular role, the skills you gain from it - excellent written and verbal communication, critical thinking, persuasive reasoning - are transferable to a number of different fields, many of which pay quite well.Want some ideas to get you started? Check out the following rolesDescription Copywriters typically write short-form content like website/product text, advertising slogans, emails and mora. They may work at advertising or digital marketing agencies and write for multiple clients, or in-house for one particular company.Description Content Writers, on the other hand, typically write longer-form content like blog posts, whitepapers, eBooks, case studies, etc. Starting out as a Content Writer may op en the door to titles like Content Marketing Manager, Content Editor or Editorial Director.Description Account Executive is one of the most common job titles in the sales field. Account Executives often spend their days identifying qualifikation clients and managing relationships with current ones. This might involve email outreach, cold calling, scheduling meetings and closing deals.Description Marketing Coordinators support marketing departments with a wide range of initiatives. This might include asset creation, project management, reporting, research or administrative tasks.Description Although you will often need a certificate, majoring in English prepares you well for a career in teaching. Excellent writing and mastery of grammar will come in hand whether youre planning lessons, grading papers or lecturing.Description SEO Specialists optimize websites and digital content in order to ensure that it ranks highly on search engines. This may involve activities like content cre ation, keyword research, link building campaigns, site audits and more.Description Although the journalism field as a whole has shrunk in recent years, there is still a need for talented reporters with top-notch writing, editing and investigative skills. Journalists spend much of their time identifying buzzworthy topics, researching their assigned subjects, interviewing sources, writing, proofreading and, increasingly, leveraging reporting tools to analyze the wertzuwachs of their content.Description Social Media Coordinators are tasked with amplifying their employers brand on social media channels. Daily tasks could include writing and scheduling social media posts, planning social media campaigns, responding to follower queries and reporting on metrics.Description Paralegals serve a supporting role to lawyers in an organization. A paralegal often performs clerical tasks, like conducting research, filing paperwork and reviewing documents. You may need a paralegal certificate in order to find a job, although this is not always required. While being a paralegal is a career in its own right, many people work as paralegals before or while studying to become a lawyer.Description Customer Service Representatives are dedicated to helping customers and clients with whatever needs they might have. This frequently involves leveraging their expert knowledge of their companys products/services in order to respond to queries that come in via phone, email and social media. Customer Service Representatives may go on to become Customer Success Managers, a role which is more closely linked with sales.Description Proposal Writers are responsible for drafting documents that persuade a potential client, stakeholder or partner to do business with or financially support their organization. This might mean drafting RFPs, pitch presentations and grant applications, among others.Description Editorial Assistants, often employed at magazines, newspapers and other publications, he lp manage the content production process. Common tasks include researching, fact-checking, writing, proofreading and performing administrative work.Description Public Relations Coordinator is an entry-level position in public relations, a field dedicated to generating a positive buzz around companies. A day in the life of a Public Relations Coordinator might involve pitching reporters, creating and maintaining a media list, drafting a press release, fielding inbound inquiries and tracking news coverage.Description As the name suggests, Technical Writers are in charge of drafting technical documents. A few examples of technical documents are instruction manuals, tutorials, reports and product guides. Technical Writers must be able to clearly and concisely explain complex information, and possess a thorough understanding of whatever subject matter they write about.Description Consulting firms like Bain, Deloitte, EY & others are always on the lookout for talented Associate Consulta nts, who identify areas of improvement in organizations and come up with solutions to overcome those challenges. Many students mistakenly believe that only geschftsleben Majors are qualified, but the truth is, consulting firms often love to have candidates from varied backgrounds as long as they are analytical problem solvers.Description Often employed at publications, Copy Editors review text to make sure that it is clear, correct and compelling. An eagle eye for spelling and grammar are required, as are proficiency in fact-checking and a deep understanding of narrative structure.Description Executive Assistants support high-level business leaders through administrative tasks like scheduling, paperwork, travel coordination, running errands and answering phone calls. Organizational skills, time management and the ability to multitask are critical for this role.