07.30.14
Five Ways to Boost Your Not-For-Profit’s Income
With donor contributions continuing to lag for many not-for-profits, you may be looking for ways to make up the difference in income. This is the time to revisit some tried-and-true ways for not-for-profits to generate revenue. It is also time to get creative and brainstorm some new potential money makers for your organization.
07.29.14
Ten Things I’ve Never Heard a Successful Startup Founder Say
Highlighting statements that a “Successful Founder” would NEVER say, it takes an ironic, but truthful spin on this topic to get your mind thinking. Keep reading through the comments, and you’ll find some of the best. We promise that after skimming through this post, and comments, you’ll feel refreshed and may even get a laugh out of it.
07.28.14
I Want to Buy a New Property But Can I Assume the Seller’s Loan?
At ORBA, we have seen a recent increase in commercial real estate transactions. With the credit market still somewhat stingy, potential buyers may want to consider assuming their sellers’ loans. Not surprisingly, this approach comes with pros and cons. This blog describes how it works.
07.23.14
Is a Food Truck Right for Me?
Statistically speaking, food trucks rarely generate high profits. Time, space, legal and weather limitations can present obstacles to a food truck’s ability to generate profits. However, food trucks can still be excellent financial strategies for new and existing operators. This article will help you decide if a food truck is right for you.
07.22.14
Claiming the Home Office Deduction Now Easier
Dan Newman
For those who use their home as their place of business, claiming a home office deduction has become significantly easier. This brief article explains that, under a new simplified method, a taxpayer can make a simple calculation based solely on the area of the workspace.
07.17.14
Paralegals May Hold the Key to Profitability
Although the roles and responsibilities of paralegals (or legal assistants) can differ widely by firm, these employees ideally spend minimal time performing administrative work. By the same token, firms must be careful not to give their paralegals work that should be handled by lawyers. This article explains how to get this balance right.
07.16.14
Want to Join a Bundled Payment Network?
In January 2013, the Centers for Medicare & Medicaid Services (CMS) announced the health care organizations selected to participate in its three-year Bundled Payments for Care Improvement initiative. This article discusses differences between the four models of care and notes the importance of planning ahead for operating under such arrangements.
07.15.14
The Investment Manager: Finding the Right Fish in the Sea
James Quaid
It is a challenge for a not-for-profit organization to find the best person to make prudent investments while meeting investment goals. This article offers guidance regarding where to look for qualified candidates, what questions to ask them and how they should be compensated.
07.14.14
Proactive Estate Planning Starts Today
It is common for manufacturers and distributors to be family-owned. Unfortunately, it is also common for owners to let estate planning fall by the wayside. This can cause the owners and their family members to lose out on valuable tax-saving opportunities. This article discusses strategies that may be useful when transferring wealth and management responsibilities to the next generation.
07.01.14
When Should I Update My Leases?
With the day-to-day activity involved in property management, it is not surprising that commercial landlords often pay little attention to the terms of their long-term leases unless problems arise or renewal is on the horizon. This month’s blog looks at other circumstances that might make it advisable to review and update leases.
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