How Do Small Businesses Benefit from Mobile Device Management?

Have you heard about Mobile Device Management (MDM)? If you are responsible for a small business, you really should have.

Essentially, MDM software allows a business or external IT support team to manage and secure an employee’s devices remotely. It doesn’t matter what service provider they are using or what kind of operating system their mobile device uses – you’ll still be able to enhance security and compliance policies, automate updates, install apps, and grant or deny access to your data. Continue reading “How Do Small Businesses Benefit from Mobile Device Management?”

Is Platform Model Right for your Business?

In recent years, we have seen an unprecedented growth of companies that have taken advantage of the platform model to succeed in their chosen industries. Such a model capitalizes on the creation of value through being able to facilitate exchanges in interdependent groups. Is it the right model for your business? Read on and find out. Continue reading “Is Platform Model Right for your Business?”

5 Tips for beginner investors

Investor analyzing stock market investments with financial dashboard holding a smartphone and with a computer screen

Your stars have lined up and you have finally hit that big win in playing online lottery. But where do you go from here? Chances are there are a million thoughts going through your mind. It’s hard enough to get your head around winning a big lump sum; but considering all the things you could do with the money is quite something different.

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Business Automation Through the Use of Conveyor Belts

Human labour used to be the pinnacle of efficiency in the manufacturing industry, until the conveyor belt was created. Unfortunately, though there was no alternative at the time, human interaction in the process meant the occasional injury and a degradation to product quality and inconsistency. Fortunately, the creation of conveyor belts took the human factor out of much of the equation, leading to vast improvements in efficiency, safety and the quality of manufacturing. Continue reading “Business Automation Through the Use of Conveyor Belts”

Konfeo.com – a new quality of a conference

Organizing a conference takes significant effort – sometimes it is difficult to collect a list of participants and other important information. Compliance with deadlines, organizing meetings – all of it can be much easier for all of us – Konfeo system is a new application that will help you to organize a good conference. Konfeo is a great application for organizing various types of events. Conferences, staff – training workshops, business negotiations – all of this will be very simple now.

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What Is the Process To Launch a Freelance Business?

People start new freelance businesses every day. If you have found a profitable niche and have the clients to start your own business, you first want to follow the proper legal procedures. Doing so ensures you don’t get hit with unexpected fines or taxes in the future.

Register Your Business Name

If you use any name other than your legal given name to conduct business, you need to register your business name with your local government. This typically requires you to apply for an EIN on a website such as IRS-EIN-Tax-ID. Registering your preferred business name also ensures that no other business within the state can operate under the same name.

Obtain Required Licenses and Permits

Every business requires some type of license or permit to operate. If you will be working out of your home, you probably need a general business license and home occupancy permit. If you won’t operate out of your home, the types of permits you need will depend on local legislation and the type of business you run. It is important to obtain your documents before you begin serving clients.

Complete a W-9 Form When Appropriate

Each time you start work with a new client, you will likely need to complete a W-9 form. This document acts as a formal certification that you provided your client with the proper tax ID. If you are a sole proprietor, this may be your social security number. However, many people choose to apply for a Federal tax ID for the additional benefits.

Pay Your Business Taxes

Many freelancers mistakenly believe they only need to file taxes on April 15, but the reality is that freelance businesses should pay estimated taxes every quarter. Each year, you may also receive 1099s from your clients if they paid you more than $600. Use it for reference when you report your annual income.

If you are ready to begin operation of your freelance business, you must first secure your EIN number in Colorado. To get started, contact IRS EIN Tax ID Filing Services for help.

Websites, Resources, and Blogs To Follow For Helpful Business Finance Information

If you’d like to give your business the best chance to succeed, you have to stay on the straight and narrow when it comes to finances. And working with money and accounting is not something that comes naturally to everybody. In fact, it can feel rather specialized. Continue reading “Websites, Resources, and Blogs To Follow For Helpful Business Finance Information”

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