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Hub You - Creditor Proofing Your Business - Tips fo Canadian Business Owners
Jannice K., a past Virginia resident, now California resident, worked in Burger King for ten years. Back when I was a junk food addict, she passed me the bag and drink through the drive through window. Occasionally, I would go inside to eat. We became friends and soon had regular times together early afternoons during her break. It wasn't long before I discovered Jannice’s real buried passion was grooming dogs. She sparkled whenever the topic came up.Later
There was a time that one could assume that the phrase ‘show me the green' was interchangeable with ‘show me the money' (and in some respects it still is), but today it's really taking on a whole new meaning – it's a phrase with a movement behind it.We, the people, are changing our view of green as fast as the kaleidoscope will turn. And the color is vivid. We are thinking green in our lifestyles, our products, the food we eat, the homes we live in and the world we i
Debtors completing their bankruptcy/ proposal often wish to start up another business sometime in the near future. The expected question then arises: how can they creditor-proof themselves in the event that their new business fails? Her
For the manager of the Building Records unit at a major west coast public University, the document storage problems were critical. The problem wasn’t justifying budget for more space. There was no more space to be had.The Facilities Management Department must preserve and keep accessible more than 40,000 original plans and drawings. Many of the documents date from the University’s founding and were hand drawn by Architects and Engineers long gone. These include archite
Debtors completing their bankruptcy/ proposal often wish to start up another business sometime in the near future. The expected question then arises: how can they creditor-proof themselves in the event that their new business fails? He
Do you ever feel like you're constantly running around, trying to get your marketing materials put together and out the door? Are you frazzled by the marketing process, and driving your writer, designer, or printer absolutely nuts? Is your "plan" to just pick one new idea every now and then to implement? Or are you constantly hopping on the latest marketing idea, and throwing away your time and money with your efforts?You're not alone; most small businesses have the sa
Debtors completing their bankruptcy/ proposal often wish to start up another business sometime in the near future. The expected question then arises: how can they creditor-proof themselves in the event that their new business fails? He
Have you ever watched a professional window washer do his or her job, and wonder how s/he does such a perfect job so quickly, and only with the simplest of tools? When it comes to window washing, there are some important tricks of the trade that you need to learn, before you can be confident in the fact that you wash windows like a pro. Believe it or not, when you know what you're doing, you may actually find that you enjoy window washing.The first trick is to arm yo
The Hotel Industry has surely seen a roller coaster ride with Hurricane Katrina. Many Hotels along the Gulf Coast were totally destroyed, many were damaged and others in the aftermath remain totally full. So full in fact that finding a hotel with vacancy within 300 miles is nearly impossible. This is a windfall for the Patel Family; the Indians who are quite industrious and often associated with being sole proprietor hotel owners, it is a family tradition. Most Franchised Hot
1. Consider incorporating the business. Incorporation will provide the owner with a level of creditor protection - most of a corporation's obligations are limited to its assets so this structure can provide protection for personal assets. This structure also has income tax benefits, which will not be discussed here, (this subject warrants its own article which will be published at a later date).
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