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Archive for January, 2010

NSBDC’s Understanding Construction Accounting with QuickBooks – Feb 16

Posted Friday, January 29th, 2010

If you’re a builder, not an accountant, be sure to attend the Nevada Small Business Development Center’s Feb. 16 Professional QuickBooks Class!

· Become a Confident User

· Master the Fundamentals of QuickBooks Accounting Software
· Learn the Simplest Way to Track Income and Expenses
· Complete Accounting Tasks Quickly and Accurately
· Don’t Waste Time Through Trial and Error
· Use Job Costing Reports to Improve Your Profitability

Register here

imageWho Should Attend?

* If you are a small business owner in construction and don’t know how to set-up and use QuickBooks to keep track of your business finances – this class is a must.
* If you are using QuickBooks and you can’t understand your reports or how to use them for making wise business decisions – this class is a must.
* If you are using QuickBooks and you have mistakes that you’ve been ignoring – this class is a must.

 About the Instructor: The class will be taught by Marie Gibson.  Marie is an Advanced QuickBooks ProAdvisor and is a member of Intuit’s National Speaker and Writer Network.  She is a professional educator and trainer with over 25 years of extensive and varied business experience and has taught Managerial Accounting at UNR. To see Marie’s full bio, please visit her website at www.marie-gibson.com

About the Class: This class will be held:  Dates – February 16, 2010 (8 hours of instruction)

· Time – Tuesday 8:00-5:00
· Location – Redfield Campus, Building A, room 214
· Inexpensive $159 – includes 8 hours of instruction and workbook

What is Included in the fee:

§ Workbook that illustrates the exercises demonstrated in class
§ Expert QuickBooks training and advice
§Set up and understand your simple, inexpensive, hassle-free accounting system
§ Understand your reports for business decision-making
§ Prepare necessary records for governmental and other business purposes.

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Why Corporations Provide Little Venture Capital

Posted Wednesday, January 27th, 2010

During the Internet bubble, corporate venture capital arms—subsidiaries of large corporations that invest in startups—were seen by many of their parent companies as a way to benefit from innovation. For example, Intel Capital invested in the open source software company Red Hat in 1998 because it viewed its products as complementary to the computer hardware that Intel produces.

In particular, corporate venture capital promised to let companies successfully harness new technologies to their advantage. Rather than have their products made obsolete by technological change, big companies could take advantage of those BusinessWeek Logochanges by investing in startups. Backing biotechnology startups, for example, could let major pharmaceutical companies exploit new ways of making drugs and remain powerful, despite the challenges of new drug-development technologies. Read more:

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Use of a SBA 504 loan can lock in your lease for 20 years

Posted Wednesday, January 27th, 2010

We are all starting to hear the incredible deals that businesses are negotiating on their tenantSBA leases. Tenants are playing hardball with the landlord and coming out on top. But is this short sighted? The northern Nevada commercial market will recover someday and a normal inflationary rate will cause those lease expenses to rise dramatically over the next 20 years. Why not think a little longer term and set your lease expense for the next 20 years using the Small Business Administration 504 loan program? The SBA 504 loan program is designed perfectly for purchasing a commercial building or long-term equipment because it has a very long-term fixed interest rate. For most existing businesses, the 504 program only requires 10 percent down payment and in some cases only 5 percent down payment. The SBA 504 is set up for the business owner that will occupy at least 51 percent of their commercial building (60 percent for new construction) with loan size from $125,000 to over $15 million. The program can be used to buy almost any type of owner occupied commercial property including office, industrial, flex-space, manufacturing, restaurants and hotels. Read full story:

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There’s nothing like a home-based business

Posted Tuesday, January 26th, 2010

The moment you create a business, you step into a twilight zone where the barrier between what is work and what is not starts to break down. The deterioration accelerates for entrepreneurs who work out of their homes. You may start off with a home-based business but soon find yourself with a business where you and your family also happen to live.

Cohabitating with a business increases the stress level of entrepreneurship exponentially. When home and company share an address, entrepreneurs Inc.com - The Daily Resource for Entrepreneursand their families need to find ways to create the emotional equivalent of physical distance — a gap that keeps worlds from colliding. Sometimes, the only means available will be closed office doors or a new location for the microwave or some sticky notes placed in front of your spouse. It might not hurt to scrawl "Get a life" on one or two of them. Read full story:

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Panel: Diversification, higher quality workforce needed

Posted Sunday, January 24th, 2010

A group of business leaders, academics and politicians doubts there will be a quick recovery for Las Vegas’s economy and suggested the future won’t be bright for Southern Nevada unless a greater emphasis is placed on diversification.Lied Institute for Real ...

The sober analysis comes from a round-table discussion by the Lied Institute of Real Estate Studies at UNLV, which annually publishes a report on challenges Southern Nevada faces.

The draft white paper on Las Vegas’s economy, titled “What Happened? What’s Next? Can We Hit the Reset Button?” suggests the consensus is Southern Nevada has lost too much in intellectual talent, entrepreneurs, venture capital and institutional memory to recover quickly. And much of what has been lost won’t come back, according to the draft.

“The foundations upon which Las Vegas was built: growth without consequences, home values always rising, a limitless oasis of jobs and unbridled opportunity for a monolithic economy are cracked,” the report will say. “So much of our identity as a community has been created by the perception of steady, unparalleled and unprecedented economic growth that the challenges created by job loss, significant erosion in property values and greater demand for public services threaten the very essence of what is Las Vegas.” Read more:

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