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Keeping Records For Your US Business With Professional Accountant Services

wealthymattersKeeping your company’s books may be your least favorite thing about running your own business. Despite your dislike of this chore, it still must be done, however. When you would rather delegate this matter to a professional like a Hawaii CPA, you may wonder what benefits you get when you choose this kind of service. You can focus on running your business without common bookkeeping and tax paying worries like overdrafts and audits.

A CPA is trained to handle your books, no matter how disorganized they are right now. When you have made a mess of your ledger, you can hand them off to a professional and be assured that within days, this person will have made sense out of all of your entries. Even more, this person can help you realize where you are losing money and where you can gain money if you restructure some common practices, such as ordering inventory. Having these facts made known to you can help you grow your business into a more profitable venture. Read more of this post

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Danielle Steel – The House

wealthymattersDo read the book to understand how to let money expand the possibilities in your life rather than merely hoarding it.

Money making is fun.But its pretty sad, if money is all you have in life.

Money is meant to help you be the best you can be, to help you do all you want in life, so slaving for it and making work your whole life, is to snuff out your own potential.

Nominee Director

wealthymattersA nominee director is a third party that is officially registered as the administrator of an offshore corporation instead of its real beneficial owner or manager, who may then remain anonymous.

The nominee director is normally provided by the agency responsible for the formation of the company, or by the registered agent. It can be either an individual or legal person, i.e. another company specifically incorporated for this role. It is common to use the nominee director in conjunction with a nominee shareholder, since this way the client does not appear either as owner or as manager of the company.

Because the main purpose of the nominee director is to protect the client’s privacy, their function in most cases is merely formal. That is, they appear to be in charge on the documents of the company, but they do not perform any executive function and are merely required to sign certain documents, including the minutes of the annual meeting of the board of directors or some extraordinary resolutions taken at the request of the client. All the operating functions are usually performed by the real owner, to whom the nominee director has given a general power of attorney before a notary, entitling them to perform the daily activities of the company. This includes opening and managing bank accounts, signing contracts, etc… Because of their lack of executive power, these nominee directors are popularly known as straw men. Read more of this post

Offshore Registered Office And Offshore Registered Agent


Offshore Registered Office :

An offshore registered office is the official address of an offshore company, to which authorities, courts, and suitors send their notices, letters and reminders. The registered office can be anywhere in the jurisdiction of the offshore incorporation. It must always be an effective address for delivering documents to the company.

Offshore Registered Agent :

An offshore registered agent represents an offshore company in the jurisdiction of incorporation. The registered agent normally provides a registered office address, arranges liaison with local authorities and receives all legal and tax papers and/or notices addressed to the underlying company, corporation or foundation. Not all jurisdictions require a registered agent but virtually all would necessitate a registered 0ffice. Read more of this post

California Bank & Trust, 2014 California Small Business Survey

Small Business Infograph 2013-2014 , California Bank and Trust
Presented by California Bank & Trust, Business Banking


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