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Suzanne Pinckney

LLC vs. S Corp: Which Is Right for Your Startup? - 0 views

mashable.com/...small-business-incporporation

operations incorporation

shared by Suzanne Pinckney on 28 Feb 13 - No Cached
  • With LLCs and S Corporations, members and shareholders are able to pass company losses to their personal income reporting.
  • In some circumstances, the LLC lets you pass more loss than in an S Corporation, most notably when it comes to real estate.
  • 6. Reinvesting Profits There’s another twist regarding the LLC, S Corp and your taxes. As pass-through entities, individual owners of an S Corporation or LLC are liable for any taxes owed on profits — whether that money is retained in the company or put in their wallets. For example, if you own 50% of an S Corporation or LLC and that company makes $80,000 in profit, you need to report $40,000 in income on your personal tax return. And it doesn’t matter whether that $40,000 actually ended up in your pocket. This is known as “phantom income,” and can obviously cause a problem for some shareholders. What to know: If you plan on retaining money in the company (and would prefer not to have shareholders be personally taxed on this money), you should consider the C Corporation over both the LLC and S Corp. Of course, your specific situation may vary, so it’s always best to consult your accountant.
  • ...4 more annotations...
  • If you incorporate as an S Corporation, you need to set up a board of directors, file annual reports and other business filings, hold shareholder’s meetings, keep records of your meeting minutes, and generally operate at a higher level of regulatory compliance than your business might need or want to deal with. With the LLC, this isn’t the case. LLCs just use an informal operating agreement. What to know: If you want less red tape and formality, the LLC can provide greater simplicity.
  • You may have heard that the traditional C Corporation is overkill for most small businesses, and results in higher overall tax payments through something known as double taxation.
  • In my last post, I discussed how the LLC (limited liability company) and S Corporation are popular structures for small businesses since they avoid this double taxation burden. With these business structures, the company is taxed like a sole proprietor or partnership, meaning the company itself doesn’t file its own taxes; all company profits are "passed through" and reported on the personal income tax return of the shareholders or, in the case of an LLC, the members.
  • Most importantly, both the LLC and S Corp will separate your personal assets from any liabilities of the company (whether from an unhappy customer, unpaid supplier, or anyone else who might pursue legal action).
Suzanne Pinckney

How to get investors to care about sustainability? Show them the money | Guardian Susta... - 1 views

www.theguardian.com/...-sustainability-financial-case

business case data_statistics investors

shared by Suzanne Pinckney on 17 Sep 13 - No Cached
  • It begins with an effort to communicate the business value of sustainability in terms investors already understand: the potential to drive revenue growth from sustainability-advantaged products, improve productivity (and margins) from sustainability initiatives and measurably reduce key sustainability-related risks to revenue and reputation.
  • Understanding how effectively a business is exploiting the new global force in business in simple terms may be a key indicator that every analyst needs to know.
  • n 2012, DuPont generated more than $10bn from environmentally advantaged products
  • ...4 more annotations...
  • Pirelli reports 45% (or €2.84bn) of their €6.3bn 2012 total revenue comesfrom their "green performance" products, up from 36% in 2010.
  • GM earns $1bn a year turning waste into revenue
  • Praxair saves more than $100m per year in sustainability-driven productivity savings through aggregating benefits from thousands of closely managed projects, yielding more than 4% improvement in their annual operating income.
  • Philips earned 45% of its more than $24bn 2012 revenue from sustainability-advantaged products
  • Suzanne Pinckney on 17 Sep 13
     
    reinforces our first article on speaking investors speak
Suzanne Pinckney

General Mills Announces Commitment to Sustainability - 0 views

www.triplepundit.com/...nces-commitment-sustainability

marketing step 6 greenwashing

shared by Suzanne Pinckney on 26 Sep 13 - No Cached
  • Input costs for GMO farming just keep rising — seed costs, pesticide costs. I just don’t think it’s sustainable.” He chuckled: “There you go — it’s all about sustainability. Economic sustainability in this case.”
  • GM seed can enable irresponsible farmers to work fast and dirty across huge stretches of land. A farmer could make a lot of money by simply planting GM corn every year and spraying liberally with glyphosate. On the other hand, a responsible farmer can use GM traits sparingly as a tool for land stewardship.
  • Suzanne Pinckney on 26 Sep 13
     
    I find it kind of ridiculous to 'commit to sustainability' while continuing to use GMOs
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