Online Incorporation MaxBlog

Over the next 10 years, healthcare reform could save America’s small businesses $855 million according to a report released by the nonpartisan Small Business Majority and featured in this Daily Dose blog post.

Healthcare reform is a hot topic in Washington right now. Increasing costs have forced entrepreneurs and small businesses to make tough choices about whether to cover their employees or not.

The study, entitled The Economic Impact of Healthcare Reform on Small Businesses, noted that successful reform will require shared responsibility among the healthcare industry, businesses, government and individuals.

In an interview with Entrepreneur.com, Small Business Majority CEO John Arensmeyer commented “Not enacting healthcare reform is going to be an unmitigated disaster, but implementing a system based on the framework Congress is working on right now–even with the [controversial] mandates for employee coverage–will be a tremendous benefit to small business. Even the most conservative versions of reform will produce better results.”

Data from the study also concluded that without reform, up to 178,000 jobs could be lost by 2018 and that small business employees will see $12 billion in lost wages this year alone.

Arensmeyer is confident reform will be completed this year.

A bill to allow entrepreneurs a one-time income tax deferment was introduced in the House of Representatives by Representative Patrick Kennedy (D-R.I.) on May 19^th.

Formally known as the Generating Reinvestment Opportunities with America’s Small Businesses Act of 2009 or H.R. 2490, the GROW Act would allow entrepreneurs to defer their current income taxes for two years so they can invest more in their small businesses.

Rep. Kennedy characterized his proposal as “interest-free, short-term loans” that “would strengthen small businesses at a minimal cost to the federal government.”

The GROW Act allows deferred taxes to go unpaid for two years. Repayment would be spread out in equal installments for four years thereafter.

Read more about the bill at this Daily Dose blog post and on Rep. Kennedy’s website.

And check back with the online incorporation blog Incorporation-e.com again for updates on the progression of this bill through Congress.

Attention all aspiring entrepreneurs…there’s a great new book being released on April 30th from life coach Pam Slim to help transition from slaving away in a cubicle for some corporation to becoming your own boss as an entrepreneur.

Online incorporation service MaxFilings suggests this book as a great resource to help properly manage your affairs when making this stressful, but in the end, very fulfilling transition.

Hating your job is not proper motivation for becoming an entrepreneur according to Pam…and it is not a viable business plan either. The book however provides the low down for properly getting your venture off the ground and many different points related to starting, operating and marketing a small business.

The book is now available for pre-order from your favorite online book retailer.

Order “Escape from the Cubicle Nation” today and when you’re ready form your corporation or LLC online, look to MaxFilings to help you effectively navigate the legal procedures for starting your business in any state in the union.

Once you incorporate a business online, you may be trying to figure out how to get your name out there to market products and services. The Internet provides tremendous opportunities, provided you know how to harness the various tools out there.

Maxfilings’ partner firm SEO Advantage has recently unveiled its new and improved SEO knowledge center to help small businesses like yours learn the ins and outs of optimizing your website for the search engines – boosting search engine rankings and qualified site visitors and thus, sales.

It’s designed for small businesses with any level of online experience – informing them of the inner-workings of SEO and how it can be a valuable tool to market products and services.

The search engine optimization firm helps small businesses by designing websites and optimizing them for search engines, to bring more qualified traffic and boost online sales.

Short, informative articles are developed by copywriters at SEO Advantage and added weekly to the wide ranging knowledge center – divided into 8 sections, it covers major aspects of online marketing including SEO, copywriting, social media and e-commerce optimization tips. Visitors will also find tips they can use to self-optimize their sites – an effective option in today’s economy.

Visit the search engine optimization Knowledge Center today at http://www.seo-advantage.com/seo-topics/.

A code of ethics is a policy statement of sorts, a formal document that employees within a company must follow – along with specific sanctions if the code is violated. Unless a crime has been committed, the toughest sanction is dismissal from the job.

It’s easy though to confuse ethics with the law – obeying the law is the absolute minimum code of ethics and is enforced by society as a whole through law enforcement and the courts. For example, we all know it’s illeagal to steal. Lying is unethical, but it’s only illeagal in certain limited circumstances. Business ethics demand a higher standard, not merely obeying the law.

Code of ethics were born out of the social responsibility movements of the 1960’s as many people began to recognize the effects mass consumerism have on the environment.

After the Enron and Worldcom debacles earlier this decade, the Code of Ethics took on a whole new meaning. Current law, specifically the Sarbanes-Oxley Act of 2002, now requires a company to publicly disclose their code of ethics if their stock is traded under the auspices of the Securities Exchange Act of 1934.

After you incorporate your business online, you may be wondering if you need a code of ethics. It can’t hurt, even if you’re not a publicly traded firm – instill confidence in your customers and investors that your company adheres to a higher standard.

Check back soon for tips on what to include in a code of ethics…in the mean time, find great business incorporation and management tips in the MaxFilings Knowledge Center.