Boca Raton, FL – Following the massive economic havoc of 2008, scores of businesses have been trapped in a vicious cycle of debt. When it comes to business, debt is something that must be kept within control all through its lifetime. Massive commercial debt could be big trouble, perhaps even causing you to shut down your business. However, times are tough and businesses can’t help but accumulate debt from their lenders. When debt amount gets out of hand, a business needs to take immediate steps and there are many things a business can actually do to lower the debt level. Under such circumstances, it’s always advisable to ask legal questions before you proceed any further. Business debt is regulated by the same set of laws as individual debt. Nevertheless, there are certain differences between personal debt laws and commercial debt. When a business has overdue taxes, criminal charges can be laid on the business proprietor.
LLCs and Business Debt
LLC or a limited liability corporation can be appointed to handle both debt and legal responsibility for a business. In event that the LLC is prosecuted and loses the case or becomes bankrupt, the business debt can solely be collected from the LLC. Forced sale of assets, for example; business equipment and buildings, garnishment of commercial accounts can help in the debt collection process.
If you’re thinking of starting a new BusinessPartners group or already have an existing group, you could benefit from these pointers to help increase your group’s popularity and immediately begin to attract new members.
1. Choose a Catchy Name for your Group Page
Make sure to select a unique and fun name for your group that will catch people’s attention, a name that accurately reflects the purpose of the group.
2. Upload a Profile Image.
A picture is worth a thousand words. Include a profile picture. People tend to click and trust profiles that include an image.
3. Select the Right Industry & Use Key Words to Describe Your Group
Make sure you categorize your group under the right “Industry”, for example, Finance, Construction, Law, etc. Also, use key words that represent the essence of your group. Our search engine identifies these keywords and matches that profile with potential partners with similar interests.
4. Include a Link to Your Business’s Website
As an additional resource, add a link to your company’s website in your group page. This provides your members additional information on your business and it instantly gives your group credibility. Also, remember to stimulate activity on the group wall by asking questions and continuously supplying fresh content. You want to make sure members keep returning and posting within your group.
5. Target Your Members
Search for members with shared interests and who have a large number of business partners. Send them personal invitations introducing your group and explaining the benefits of joining. Having these people as members will help your group page gain popularity.
Following these few steps will help grow your group and accomplish your goals.
And remember, we are awarding a $1000 prize to the group creator with the most members. A group must have 15 members or more. Offer valid from 09/12/2012 to 10/15/2012. Good Luck! www.businesspartners.com
With today’s gloomy markets, no ray of light produces more hope than getting back to the basics with Entrepreneurship. From the very foundation of our history, Entrepreneurs have been at the source of building some of the largest forms of wealth the world has ever seen. Founding Father, Benjamin Franklin (America’s first genius) boasted many times throughout his life on the power of the “Self Made Man” and Entrepreneurship. Many pioneers in the world of business come to mind when thinking about Successful Entrepreneurs: Edison, Ford, McDonald’s, Flagler and many others. All whom started their legacy by the beginning stroke of a pen and a business plan. Here at BusinessPartners.com, we are trying to re-ignite that entrepreneurial spirit in the light of hard-times, much like the Business community did during the Great Depression. Let’s not forget that behind every successful Entrepreneur is a BusinessPartner and Investor that believes in the Spirit of Business and its resulting product. Today technology is King and we need Entrepreneurs more than ever to help develop the integration of this new technology system within our lives through inventions that may inspire revolution.
Below you will find the Top Ten reasons why Entrepreneurs will again pull us out of the mud.