LLC vs. Inc.: Which Entity Is Right for Your Business? | Business News Daily

August 27, 2020August 26, 2020 ~ knjohn ~ Leave a comment

LLCs limit owner liability and offer more flexible taxation as a pass-through entity.

Corporations, such as S-corps and C-corps, are entities for larger, profitable businesses or those with shareholders.

How you incorporate your business entity has a profound effect on the organization of your company, the distribution of profits and losses, and the way your business is taxed.

This article is for entrepreneurs trying to determine the best type of business entity for their company when preparing to incorporate.

How Mind Mapping Helps You to Brainstorm More Great Ideas

August 26, 2020August 25, 2020 ~ knjohn ~ Leave a comment

There are many ways to plan out projects, ideas, and plans. You could use a simple piece of paper, a digital planning tool, or you could use a mind map.

I first came across mind mapping when I was at school. One of my teachers showed us how to structure an essay, and his method was to create a mind map and develop arguments using the branches of the map, so you never lost sight of the question.

The next time I use mind maps extensively was when I began creating presentations in the early 2000s. As an English communication teacher teaching business executives in Korea to better communicate with their English speaking partners, I was not teaching vocabulary, grammar, and structure—my students already had that. I was teaching more about the culture of communication in the English speaking world.

5 Reasons Why it is Important for Goals to be Measurable | Life Hack

August 26, 2020August 25, 2020 ~ knjohn ~ Leave a comment

The secret to a successful life is effective goal setting, and the secret to effective goal setting is SMART goals. The magic wand that works it wonders in SMART goals is the ‘M.’

Do you why it’s so important for goals to be measurable? This one property plays the role of the backbone in SMART goals. It eases the way for the rest of the process and increases your chances of moving forward successfully.

Today, you’ll find out all about the significance of measurable goals and how they can enhance your ability to achieve goals in life!

Bond is using lab-grown chicken protein to make dog treats | Fast Company

August 25, 2020 ~ knjohn ~ Leave a comment

While some “cultivated meat” startups work on the technology to grow steak and burgers to serve in restaurants in place of farm-raised beef, a startup called Bond is using biotech to satisfy a different palette: Its animal-free chicken protein is going in dog treats. And there’s a possibility that cell-based pet food might make it to market faster than the versions designed for humans.

Bond, like other companies working on cultivated meat, wants to tackle the environmental and animal welfare problems posed by meat production without relying solely on plants as alternative ingredients. Plant-based proteins, says Bond CEO Rich Kelleman, can cause some nutritional challenges for dogs and cats.

Washington Postal Workers Defy USPS Orders And Reinstall Mail Sorting Machines

August 24, 2020August 23, 2020 ~ knjohn ~ Leave a comment

Postal workers in Washington State have reinstalled high-speed mail sorting machines—dismantled after controversial orders from the U.S. Postal Service— despite USPS orders not to put machines back in use. U.S. Postal Service

After embattled Postmaster General Louis DeJoy announced he would pause recent controversial changes to U.S. Postal Service protocol, the service told workers not to reinstall removed equipment.

Federal Student Loan Payments Officially Suspended Until 2021: 0% Interest, No Collections, And Nonpayments Count Toward Forgiveness | Forbes

August 24, 2020August 23, 2020 ~ knjohn ~ Leave a comment

U.S. Secretary of Education Betsy DeVos today implemented President Trump’s memorandum extending relief on federally held student loans to borrowers through the end of the year. Her actions also addresses collections on defaulted loans and whether non-payments during this time will qualify for forgiveness under an income-driven repayment plan or the Public Service Loan Forgiveness program. Here’s what we know.

Presidential Memorandum on Student Loan Relief

The CARES Act passed earlier this year suspends payments on federally held student loans until September 30, 2020. During this time, collections on defaulted loans were halted, and the non-payments counted toward the 120 payments required by the Public Service Loan Forgiveness (PSLF) program and as payments required for other forgiveness under an income-drive repayment plan.

Boost Your Next PR Campaign With the Help of Digital Marketing | AllBusiness.com

August 21, 2020August 20, 2020 ~ knjohn ~ Leave a comment

It’s a no-brainer that professionals in America spend an incredible amount of time online, an average of 22.5 hours per week, according to the USC Annenberg School Center for the Digital Future. The majority of our consumer base is online. The result? Digital marketing and PR has never been more important.

Is Now the Time to Revisit Your Company’s Mission and Unique Selling Proposition? | AllBusiness.com

August 21, 2020August 20, 2020 ~ knjohn ~ Leave a comment

Remember startup? Filled with boundless optimism and endless energy, startup entrepreneurs lay out a vision for their companies and what they hope to accomplish. And then, too often, they file it away, never to look at it again.

With all the tumult going on, now is a good time to reexamine your mission statement and your unique selling proposition (USP) to see if you’re delivering on your promises. If not, can you get back on track?

If you’ve outgrown your original mission statement and USP, create new ones that reflect your new goals. Once you’re done, review these documents annually to make sure they continue to reflect your operating philosophy and that your actions still support your mission.

The undisputed importance of appearance and how to get it right | Management Consulting Connection

August 20, 2020 ~ knjohn ~ Leave a comment

When you walk into an interview, even before you speak, shake hands or talk through your resume, something else is doing a lot of talking in your behalf: your appearance. Even though your clothes do not speak, they communicate a lot about you.

Whether you like it or not, physical appearance has an effect on how you are perceived by others. Consequently, it can play an enormous role in whether you receive a job offer, invitations to networking events, and access to other personal and professional opportunities.