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Archive for May, 2008

Choosing a Business Entity Type for a Startup Company

Thursday, May 15th, 2008

Choosing a business entity type can have very serious tax and liability consequences and the most important thing is that business owners make an informed decision, with the advice of an attorney. Every business is different and what may be good for one company may not be for another. Choosing a business entity type is a decision a business owner should make with professional advice from an attorney and/or accountant. Business Entity Types include C-Corporation, S-Corporation, Limited Liability Corporation, General Partnerships, and Sole Proprietorships.  Each type of business entity has advantages and disadvantages. Selecting an attorney familiar with selecting business entity types is crucial as this decision can have very serious tax and liability consequences.

Wilentz, Goldman & Spitzer, P.A. , One of New Jersey’s major law firms, with over 150 attorneys in five locations, has attorneys that specialize in all areas of business and contract law, including start up companies. John Murdoch works out of the firms Eatontown Office and specializes in helping companies with Business Law Issues.  For more information listen to my Podcast  with John on Choosing a Corporate Entity for a Startup Company.

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Solar Energy - R.O.I. from the Sun

Wednesday, May 7th, 2008

Guess what?

Companies can now afford Solar Energy, as a matter of fact businesses may save significant revenue and have Stable Energy Cost for years by installing Solar Energy. Energy Cost are rising dramatically and it is now time for companies to reexamine their electricity cost strategy. The average company spends 15 to 20 % of their overhead cost on energy usage.

Solar Energy is now a viable energy option. With rebates from the Federal Government and participating States, Energy Companies now have an energy plan that requires no capital outlay,  that keeps energy cost stable and below the prevailing retail energy rate for 15 to 20 years.

Solar Energy Companies work with States like New Jersey and can now put together an Energy Plan for companies that cover 15 to 20 years with no risk of paying more than the current prevailing retail energy rate. CEO’s and CFO’s of all size companies can now reduce exposure to the retail electricity market, diversify energy purchasing and hedge against rising retail electricity rates by turning to Solar Energy.

I have interviewed Soltage Solar Energy and created a Podcast consisting of an interview with Doug Distefano, an industry expert. Solar Energy Evaluations are a necessary first step and will determine if your company qualifies for Stable Energy Cost by installing Solar Energy.

Turning to Green Energy Options like Solar is not only a desire of our country, but now a viable energy option. Click Here to listen as Doug and I examine the Solar Energy option and discuss the benefits of no capital outlay, stable energy prices, and the benefits to our society and countries energy policy and much more.

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