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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

Autotax - 0 views

autotax.me

taxes operations

shared by Suzanne Pinckney on 08 Apr 13 - No Cached
  • Suzanne Pinckney on 08 Apr 13
     
    tool for generating 1099s - useful for contractors when the day comes 
Suzanne Pinckney

Notegraphy - 1 views

notegraphy.com/suzannepinckney

startup resource operations best practices visual social media

shared by Suzanne Pinckney on 17 Jan 14 - No Cached
  • Suzanne Pinckney on 17 Jan 14
     
    for posting beautiful quoteables
Suzanne Pinckney

How I Answered 3X More Emails In Half The Time - 1 views

socialtriggers.com/dealing-with-email-overload

startup resource operations process productivity best practices

shared by Suzanne Pinckney on 16 Jan 14 - No Cached
  • Suzanne Pinckney on 16 Jan 14
     
    how to delegate email - write templates and hand it over
  • Cortney McDermott on 07 Feb 14
     
    wasn't able to access this without signing up. Did you save the tips anywhere?
Suzanne Pinckney

Infoactive - 2 views

infoactive.co

operations communications visual data_statistics data presenting app

shared by Suzanne Pinckney on 06 Feb 14 - No Cached
  • Suzanne Pinckney on 06 Feb 14
     
    This is an invaluable tool for communicating data effectively. Putting in the back pocket for now . . .
  • Cortney McDermott on 07 Feb 14
     
    Totally agree and am looking forward to using this with clients.
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

Elon Musk's Latest Innovation: Bonds Backed by Rooftop Solar Power - 0 views

www.triplepundit.com/...nds-backed-rooftop-solar-power

operations innovation bonds finance solar power energy step 7

shared by Suzanne Pinckney on 25 Nov 13 - No Cached
  • Suzanne Pinckney on 25 Nov 13
     
    game changer in financing and renewables
Suzanne Pinckney

FV Launchpad | Snohomish Business Law | Free Vector Advisors - 0 views

snohomishbusinesslaw.com/...fv-launchpad

tactics business plan operations

shared by Suzanne Pinckney on 29 Oct 13 - No Cached
  • Suzanne Pinckney on 29 Oct 13
     
    possible partner for tactical execution. i'm very close first employee.
Suzanne Pinckney

Swiftly | Small design fixes, fast. - 0 views

swiftly.com

operations tactics outsourcing design

shared by Suzanne Pinckney on 31 Oct 13 - No Cached
  • Suzanne Pinckney on 31 Oct 13
     
    cool tool for us. like elance but more simple tasks, flat rate
Suzanne Pinckney

Fantastic First Impression - tips for website - 0 views

my.copyblogger.com/essential-design

operations strategy web design website

shared by Suzanne Pinckney on 09 Oct 13 - No Cached
  • If you’re using white text on a dark background, don’t do anything else with your site before fixing that. It makes for a miserable reading experience, and it will cut down dramatically on the links and shares you receive. Your text should feel like black text on a white background, even if the colors are actually very dark gray with very light gray. If you’re using one of those fancy textured backgrounds that’s taking forever to load — replace it. Site speed is an essential element of reader-friendly design. Bump your font size up. How big will depend on the typeface you choose, but 14 pt is a good starting point. Speaking of typeface (what most of us call font), choose readability before anything else. No matter how much you love the look of that fancy, hard-to-read font, replace it. Don’t use 20 different typefaces all over your site. Choose one for your headers/subheaders and one for your body text. Links should be underlined. Designers love to play with more attractive ways of indicating links — sadly, none of them is as clear to the reader as underlined text is. When you’re writing content, break it up into fairly short paragraphs. Avoid very wide or very narrow columns for your text: both are hard to read. Columns that are 450-550 pixels wide tend to work well (here’s an article explaining why).
Suzanne Pinckney

The Green Issue - Why Isn't the Brain Green? - NYTimes.com - 0 views

www.nytimes.com/...19Science-t.html

step 1 communications brain nytimes decision making

shared by Suzanne Pinckney on 23 Oct 13 - Cached
  • rames are just one way to nudge people by using sophisticated messages, mined from decision-science research, that resonate with particular audiences or that take advantage of our cognitive biases (like informing us that an urgent operation has an 80 percent survival rate).
  • Nudges, more broadly, structure choices so that our natural cognitive shortcomings don’t make us err. Ideally, nudges direct us, gently, toward actions that are in our long-term interest, like an automated retirement savings plan that circumvents our typical inertia.
  • Whatever you design as the most cost-effective or technologically feasible solution might not be palatable to the end users or might encounter political oppositions,”
  • ...7 more annotations...
  • the tax frame affected the outcome
  • I think there’s an attractive version of the carbon tax if somebody thought about its design,”
  • The crucial question, at least to her, is whether (and when) we want to use the tools of decision science to try and steer people toward better choices. If our preferences aren’t fixed the way we think they are — if, as Weber has argued, they’re sometimes merely constructed on the spot in response to a choice we face — why not try new methods (ordering options, choosing strategic words, creating group effects and so forth) to elicit preferences aligned with our long-term interest? That has to be better, in Weber’s opinion, than having people blunder unconsciously into an environmental catastrophe.
  • “Let’s start with the fact that climate change is anthropogenic,” Weber told me one morning in her Columbia office. “More or less, people have agreed on that. That means it’s caused by human behavior. That’s not to say that engineering solutions aren’t important. But if it’s caused by human behavior, then the solution probably also lies in changing human behavior.”
  • we have a “finite pool of worry,”
  • which means we’re unable to maintain our fear of climate change when a different problem — a plunging stock market, a personal emergency — comes along. We simply move one fear into the worry bin and one fear out. And even if we could remain persistently concerned about a warmer world? Weber described what she calls a “single-action bias.”
  • Prompted by a distressing emotional signal, we buy a more efficient furnace or insulate our attic or vote for a green candidate — a single action that effectively diminishes global warming as a motivating factor. And that leaves us where we started.
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