Mar
19
Is Bigger Better? Airbus vs. Boeing
March 19, 2007 | Comments Off
For some things it may. For airplanes, bigger has not proven to be better this time on the battle for next-generation airplane sales between the Airbus 380 and the Boeing 787 as much as it did in earlier days of aviation with the Boeing 747. The Boeing next generation plane has 490 firm [...]
Feb
24
Book Review: You Call the Shots
February 24, 2007 | Comments Off
“Entrepreneurship is more than a type of career; its a way of life.” and Cameron believes that “…anyone can do it. It’s never too early to start a successful business – and it’s never too late, either.”
Cameron Johnson is a prodigious kid that have started 12 successful business before he turned 21. He has served [...]
Feb
20
Setting Up a Corporation, Almost Overnight
February 20, 2007 | 2 Comments
There was a day when someone called me, in the middle of the night, to ask me if I would be willing to travel overseas to help him on a project where my skills may be needed: As Soon As Possible (that same week if it could be done). I understood the pain the person [...]
Feb
20
Incorporating… Too Many Options
February 20, 2007 | 4 Comments
To me, the main advantage of incorporating is to create a separate entity from my personal life. If my business really goes badly, then it will not destroy my life and that of the partners that may have joined me in my venture. There are mainly three options to do so:
C-Corporation
S-Corporation
Limited Liability Corporation (LLC) – [...]
Feb
18
Employer Identification Number
February 18, 2007 | 1 Comment
A requisite for any serious business is to get a Federal Employer Identification Number (EIN). It is the business-world equivalent of the Social Security or Taxpayer Identification Number. You will need to use it to register tax payments of all kinds, including Social Security, Medicare, and Income taxes. Most importantly, you will [...]
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