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| Principles of Business Management | |
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| Main Principles of Management | BUSINESS PLANNING: |
 ...Principles of Corporation Management WHAT IS A CORPORATION? A corporation is a legal structure that is permitted by law, which offers businesses many benefits, asset protection, investment opportunities and tax deductions. Corporations can sell shares of stock (under regulations) in order to raise funds for the company. The Articles of Incorporation, the By-laws and certain stockholder actions define and limit the authority and responsibility of the Board of Directors. Having a corporation is like cloning oneself ---it is a separate entity with its own line of credit, its own structure, and its own assets. In many states it is not necessary to be a huge company or to have big offices or a lot of employees to own a corporation---one person can own a corporation. THERE ARE SEVERAL TYPES OF CORPORATIONS: * Non-profit * Profit * LLC THE MAIN ACTIVITIES AND PURPOSES OF THE CORPORATION are the basis of its classification. You can earn money under all of these types of corporations. They are typed by the style of business conducted. The classification of "NON-PROFIT" does not mean that the company cannot legally earn money. It means that the money earned is used for certain reasons, such as EDUCATIONAL, SPIRITUAL, or CHARITABLE CAUSES. * The laws of each state may vary but are usually similar to most of the following points. * In similar fashion, the authority and responsibility of the President and certain other officers are defined. In addition, the powers of statutory officers may be enlarged by the Board of Directors or the By-laws, and the power of other officers prescribed by the Board in detail. * Except in rare cases, directors do not have individual authority. They function by group action only. The PRESIDENT: 1. The President is the chief executive officer of the corporation. The President is granted that amount of authority which is necessary to the fulfillment of his/her responsibilities. Subject to the control of the Board of Directors, he/she has general supervision, direction and control of the business and officers of the corporation. a. DUTIES OF THE PRESIDENT: (1) Present for the Board's approval operating budgets prepared annually or more often as the Board may prescribe. (2)Prepare and present to the Board capital budgets. (3)Report to the Board on proposed expenditures which will cause any budget total to be exceeded by five percent. Present for approval employment or consulting contracts requiring Board approval. (4)Sign leases and make contracts and agreements on behalf of the corporation either within after Board approval--- if required. (5)Sign all official business correspondence. (6)Supervise, control and co-ordinate the efforts of subordinates and of himself in the efficient and profitable operation of the corporation. (7)Keep the Board advised currently of legal problems and other problems of an unusual nature. (8) Receive and deposit promptly all monies received for the corporation. Pay out sums owing for goods and services as authorized by the Board of Directors. (9) Perform other duties as prescribed by law, the Articles of Incorporation and the By-laws. ...*(10) Develop and present to the Board for approval-- PLANS for financing company operations.  ...MARKET RESEARCH & PLANNING: It is an important an essential key to the success of the business for the PRESIDENT, MANAGERS & STAFF to prepare a PLAN for advertising, promoting and marketing the products & services offered. TO GET A FREE NEWSLETTER filled with info about UNIQUE WAYS TO PROMOTE, MARKET AND ADVERTISE... Send a self-addressed stamped envelope to: Write-On Consulting Firm P.O. Box 31043 Las Vegas, NV 89173-1043 www.wocf.ws Email= getpaid77@hotmail.com |
THE PURPOSE OF A BUSINESS PLAN... Every corporation that wants to stay in business for 'the long haul' should prepare a BUSINESS PLAN, which is the GUIDE to all operations, survival and profitability. Having a corporation is like cloning oneself---it is a separate entity with its own line of credit, its own structure, and its own assets. In many states (such as Nevada, California, Colorado) it is NOT necessary to be a huge company or to have big offices or a lot of employees to own a corporation--- one person can own a corporation. Without a good plan, the risk of business failure is much greater. **WHAT IS REQUIRED TO SUCCEED? BUSINESS SUCCESS ALSO HINGES UPON BEING ABLE TO "distinguish" ONE'S BUSINESS FROM OTHER SIMILAR BUSINESSES....OFFERING SOMETHING "unique" or "exclusive." * What services or products are unique? * How is your business better, more efficient, ...... or less expensive? * What benefits do you offer that the competition does not? A FUNNY THING HAPPENS WHEN WE DO NOT COMMUNICATE OR ADVERTISE...nothing. It is a rare and unusual business that can simply sit quietly---never promote or place an ad---and /or make money without advertising and networking with other people. Many small businesses fail each year because they DO NOT ADVERTISE!!!!! YOUR BUSINESS MUST CREATE OUT-LETS, CLIENTS, AND CUSTOMERS... You must have a "market" for whatever you are offering...and you must have a strategy for reaching that market. PLAN YOUR WORK, THEN WORK YOUR PLAN ! A Business Plan serves several purposes, including: * A written Guide (road map) for operations. * An analysis of costs, and expenses, etc. * A written summary of business operations for potential investors, stock holders,members, staff, and those who have a financial interest in the business.  ...CONTENTS OF A GOOD BUSINESS PLAN---The content is more important than the length. Your Business Plan can be as short as 10 pages or as long as 300 pages, but the essential aspect of a GOOD PLAN is that it clearly explains, covers, and analyzes how the corporation will operate. At the very least, a BUSINESS PLAN should explain the following: * GOALS & PURPOSES OF THE BUSINESS * MISSION STATEMENT * GENERAL DESCRIPTION OF THE OPERATIONS * LOCATION OF THE BUSINESS * STRUCTURE OF THE BUSINESS * OWNERS SKILLS, BACKGROUND, TRAINING * PRODUCTS OFFERED * SERVICES OFFERED * OVER-HEAD EXPENSES * OPERATIONAL COSTS * ANALYSIS OF EXPENSES, COSTS, PROFITS, etc. * MARKETING PLANS * ADVERTISING TECHNIQUES * PROFIT PRODUCING ASPECTS OF THE BUSINESS * INCOME PROJECTIONS (monthly, yearly, etc.) * OTHER IMPORTANT INFO...such as: accounting, website, attorney, staff set-up, employees' wages,patents, deeds, copyrights, manager's resumes, history of success, expert's opinions, etc. ...IF YOU ARE SEEKING INVESTORS orLENDERS... What they want to see is some type of "sales track record"--- CAN YOU DEMONSTRATE that you are getting any orders for your services & products ....how many? when? who orders? any pending orders? etc. Also, they like to see testimonials from satisfied customers and users.... PLUS...You will need to clearly explain and demonstrate how your business managers will manage the loan or the money invested, show a solid MARKETING PLAN, how and when you project to be able to pay it back, and some forms of--- ASSETS, COLLATERAL, INSURANCES, CO-SIGNERS, or GUARANTORS. The Business Plan must give a good over-view, summary and analysis of how it will sell its products, markets services, and make money. IF YOU ARE SERIOUS ABOUT BUILDING YOUR BUSINESS...AND BECOMING SUCCESSFUL... --a good business plan is essential. If corporations want to offer their stock shares for sale prior to going on the Stock Market, a good business plan and a PRIVATE PLACEMENT MEMORANDUM is required. REGULATIONS MUST BE FOLLOWED. FOR MORE DETAILS ON FINDING FUNDS ... CLICK HERE: www.success-secrets.ws ============================================ REMEMBER: Most people do not plan to fail--- they fail to plan. ============================================ According to statistics offered by the SBA, most (80%) new businesses fail in the first 3 years---and one of the main reason for the failures is...LACK OF PLANNING. |
| FINANCING A CORPORATION | Money-makers Resources: |
| II. The BOARD OF DIRECTORS.... The Articles of Incorporation, the By-laws and certain stockholder actions define and limit the authority and responsibility of the Board of Directors. In similar fashion, the authority and responsibility of the President and certain other officers are defined. In some states, a person can be a "one-person" corporation and serve as officers, directors and founder. In addition, the Board controls the business and affairs of the corporation. On behalf of the stockholders and Board of Directors, have control over all property belonging to the corporation. Except in rare cases, directors do not have individual authority. They function by group action only. ========================================== FINANCING YOUR CORPORATION--- Do you need business capital to start a new venture or expand a current business? If you are looking for investors, you will need a well written BUSINESS PLAN... that includes some market research,data, and surveys that help indicate how your products and services will sell. You can be successful if you follow a few steps to success. * NEED SOME START-UP CAPITAL? * NEED A FUND-RAISER AND PROMO IDEAS? ....Visit this website: http://eteamz.active.com/edutainment HERE IS A MANUAL THAT CAN ASSIST YOU IN WHATEVER BUSINESS YOU ARE DOING OR WHATEVER TYPE YOU WANT TO START: "Have a Million Dollar Day"---by M. Miller VISIT THIS WEBSITE= www.authorsden.com/melviafmiller Get the business capital you need without loan payments, without interest and without using your personal or company assets as collateral. Raise business capital without adding debt to your company’s bottom line. By raising business capital from an equity position, you won’t burden your company with debt. The first time a company sells stock to the public. Thiss is a type of a primary offering, which occurs whenever a company sells new stock, and differs from a secondary offering, which is the public sale of previously issued securities, usuallyheld by insiders. Private Stock Offerings--- Raise money for your business through exempt Private Stock Offerings. By taking advantage of special U.S. Government regulations, you can raise up to 12 million dollars per year without the high costs of Initial Public Offerings (IPO's), without all the red tape, time and expense of a public offering registration, or without adding debt by getting SBA Business Loans, if your company qualifies, or without giving up a large part of your company to get venture capital. Private offerings can be prepared quickly and inexpensively - allowing you to raise capital in a short time frame and at minimal cost. The best way to raise money (capital) is issuing stock in your private company - in most cases only issue 10 to 35% of your company (depending on the amount of capital sought) so that you retain the majority of the shares and the control of your company. This can be done easily if you have the KNOWLEDGE. The best two things about stock offerings (which there are many) are NO LOAN PAYMENTS and NO RISK of your personal assets, such as your home, car etc. By selling and issuing stock in your corporation, it can be almost like having a license to print money. Each stock certificate represents money (capital) to your business. There are three popular and distinct types of private (non-public) stock offerings: Regulation D Series (known as Private Placement Memorandum P.P.M.), Limited Partnership Offering (L.P.O.), and Form U-7, Small Corporate Offering Registration (SCOR). SUGGESTED WEBSITES --- http://www.growyourownbiz.com/securities_offerings.htm http://www.cfss.com http://www.ipo-initial-public-offering.com/ http://www.witcapital.com/ http://www.lgu.com/publications/finance/10.shtml http://www.venture-capital-consulting.com/pso.htm http://www.gaskinsco.com/scr-gene.htm www.themoneymaven.com/ www.msmoney.com/mm/investing www.money.com/money/magazine/women www.ivillage.com www.moneyminded.com www.oxygen.com www.pinkbull.com www.women.com =============================================== FIND OUT HOW YOU CAN FORM A CORPORATION, GET YOUR FUNDS, PRODUCTS AND SERVICES.... OR PURCHASE ITEMS THAT YOU NEED-- GO TO THIS SITE: www.maxpages.com/freepress HAVE A MILLION DOLLAR DAY! |
...THE "INFORMATION BUSINESS" IS A BILLION DOLLAR INDUSTRY !! WOULD YOU LIKE TO HAVE MORE BUYERS? DO YOU NEED A WAY TO ATTRACT MORE CUSTOMERS, CLIENTS, MEMBERS, etc. TO YOUR BUSINESS OR ORGANIZATION? EVERY BUSINESS OR VENTURE NEEDS A UNIQUE WAY TO PROMOTE ITS PRODUCTS OR SERVICES. FIND OUT ABOUT WAYS TO DO THAT BY GOING TO: www.maxpages.com/seminar/consulting IF YOU HAVE $10.00...YOU CAN BEGIN TO RAISE MONEY FOR YOUR BUSINESS...or for any other reason--- FOR DETAILS...go to: www.wocf.ws ********************************** WOULD YOU LIKE TO AWARD YOUR HARD-WORKING DISTRIBUTORS? NOW YOU CAN OFFER THEM A $1,000 GIFT CERTIFICATE !!! Learn more about this by visiting: http://mypages.blackvoices.com/greatspirit And---EVEN IF YOU HAVE NOT PUBLISHED YOUR OWN BOOK, but you would like to promote publications, YOU CAN MAKE MONEY AS A MEMBER... ...OR perhaps a member wants to expand their own inventory--- Members also receive sources for other books, materials, publications,and magazines, that can be purchased at low (wholesale) prices and then marketed. YES---Members receive resources, addresses, websites, and details onhow to acquire other books that can be promoted & sold. THIS BOOK CLUB OFFERS ITS MEMBERS MANY VALUABLE BENEFITS, BONUSES, & OPPORTUNITIES--- * A free newsletter filled with valuable information. * Sources for Printers, Literary Agents, & Publishers, book distributors, etc. * Sources for Credit Repair, Loans & ....Credit Cards. * Sources for Grants and fund-raisers. * Opportunities for advertising on the Internet. * MANY OTHER OPPORTUNITIES, DISCOUNTS & BENEFITS. TO GET MORE DETAILS AND TO SEE THE MEMBERSHIP CERTIFICATE, go to: www.maxpages.com/freepress plus--- MEMBERS RECEIVE INFO ON HOW THEY CAN BUY REAL ESTATE... with very little hassle... Members also receive resources for financing their dream home and to buy real estate... NO CREDIT CHECK, NO BANK QUALIFYING, NO CO-SIGNERS...required. * Get your book ads into the hands of TV & radio show hosts, newspaper editors, buyers, sororities, fraternities, businesses, libraries, schools, and bookstores (and so on). * Use the power of "CO-OP" advertising--- thus, expand your publicity,--increase marketing power, and GET GREAT RESULTS ---at the most reasonably low cost. * THIS IS NOT AN MLM PROGRAM... NO DOWNLINES TO TRAIN... NO DOOR-TO-DOOR SALES... NO TECHNICAL SKILLS NEEDED... NO INVENTORY TO STOCK... NO LEGS TO BUILD... NO QUOTAS... NO LONG MEETINGS... NO MONTHLY BUYING REQUIREMENTS and NO TELEMARKETING INVOLVED. Visit this website for more details on raising funds... www.maxpages.com/moneytalks ========================================= BENEFITS OF A CORPORATION? By having your own corporation--you can write off expenses from daily operations, hire your family, get a new line of credit, obtain funding from investors, and raise money by selling stock. Corporations can also offer their own stock shares for sale in order to raise much needed capital (funds). Corporations can get a new line of credit, and market products to the military, to major companies, to hospitals, and other governmental agencies. Corporations can set up their own retirement funds, health insurance plans ---and MUCH MORE!! HAVE YOU EVER WANTED TO START YOUR OWN BUSINESS-- BUT DID NOT KNOW WHERE YOU WOULD GET THE MONEY? If you would like more info on how--- VISIT: http://mypages.blackvoices.com/greatspirit ==================================== HAVE A MILLION DOLLAR DAY !!! |
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