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Tip of the Day

Tip of the Day Beware of Scams

Beware of Scams - You should always beware of scams, fraudulent practices, and these days, especially, there are plenty of them out there. Rule of thumb - if it...

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Intrastate Commerce

Intrastate Commerce – Intrastate commerce is the transportation, purchase, and selling of goods and service within one state.  With the economy in a slump in 2009, many states are offering incentives to companies and consumers who buy and sell locally.  Community service announcements and billboards are very prevalent in depressed areas of the country.  These advertisements heavily promote buying, selling, hiring, and using services and products within your own community or state.  States benefit economically when dollars stay within their own borders, by collecting sales taxes, business taxes, payroll taxes among other fees, taxes and licensing.

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Definition of the Day Friends and Family Offering

Friends and Family Offering - Friends and Family Offering is the recruitment of as many family members when a new company or corporation has begun to operate. By having those closest being the early investors, this helps to build up a cash flow to float the new company through the...

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