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bwright@ruddco.com


Monthly Business Newsletter
12 Essential Steps to Starting a Small Business

Launching a successful business takes more than a promising idea. Entrepreneurs must carefully research, plan, finance and establish their ventures while preparing for the practical demands of business ownership. This article discusses 12 essential steps for turning a business concept into a legally established, properly funded and operational enterprise.

Five Steps Construction Companies Can Take to Maximize Big Data

"Big data" could save your construction firm time and money. This is the term often used to describe the vast repository of information collected from various technology sources, including smart phones, social media, GPS devices, sensors, cameras, bots, computer algorithms and satellites. With big data analytics, budgets could be more accurate, logistics could run smoother, and equipment and tools could be repaired or replaced more quickly. Here are the details.

Why That's Brilliant! Suggestion Boxes Still Work

Suggestion boxes can work wonders. They cost little to set up and, over time, at least a few of your employees' ideas will likely save your company money and help it operate more efficiently. This article offers eight steps to a successful suggestion box program. A sidebar provides a brief history of the suggestion box, which starts in 1894.

Make the Most of the General Business Credit

Tax credits are far more valuable than tax deductions. Unlike a deduction, which reduces a business's taxable income, a credit reduces the business's tax liability dollar for dollar. Credits aren't unlimited, however. For businesses, the aggregate value of tax credits may be limited by the general business credit. This article explains how it works and lists specific credits it includes.

Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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