Recent Posts by EVELYN IVY

If you run your business as a corporation or a LLC you can choose to become an s corporation. The benefits of becoming an s corporation if you are a corporation, is the elimination of double taxation. As an s corporation you pay taxes on all profits and pay taxes again when you pay dividends. If you are a LLC taxed as a sole proprietor, the benefit of being taxed

Scenario 1 You believe when one person gets something it takes away from something you could have received You are either very competitive:  you are either always looking to take what someone else has created because you believe that is the one wealth can be built or You give up easily as you see no reason to try or you are afraid of stepping on someone else’s toes. You find

Pricing is determined by how many people want your product and how much you have to sell. The more demand for your product, the more power you have in the market place. If you are in an industry that is flooded with the same type of product or service you provide, then you have limited bargaining power. The most common market structure that predominate the real world is called monopolistic

One of the surefire ways to fail in business is to ignore the numbers. Having metrics which you monitor on a regular basis can point you to where your business is failing before it actually happens. Let's take a look at some metrics that can make a difference to your business: Productivity rate: Keep track of the following to correctly estimate your productivity rate. If your productivity rate falls below 80%,

  Loneliness is not the absence of other people but an absence of yourself.   If you ever watched the movie pretty woman, there is a part where a guy says, " Welcome to Hollywood, what's your dream, everybody has a dream, some come true, some do not but keep on dreaming". This is a true statement as we all have dreams, hopes, aspirations, passions and thoughts.  Some blossom and some