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Expanding in current environment? It depends on your business and industry. It may not be without risk, but you could get a jump on the competition. But if you are expanding, take steps to reduce your risk.
- Control that urge to buy a new building; rent instead.
- Continue to control production and inventory until the signs are clear increased demand is here to stay.
- Stick with well tested products. If you're going to venture into new products, markets, services, do so carefully.
- Make sure you're building on a good foundation. If your business has financial or operating problems, fix them before expanding. Moving into new markets will put enough strain on your business.
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What Health Care Reform Means For Your Business
This Health Care Reform booklet will help explain how the new law's impact your business by providing insight into important new provisions, including:
- Premium subsidies and who they impact
- Employer penalties for failing to provide coverage
- Medicare taxes on investment income for high-income taxpayers
- Penalties on individuals for failing to secure coverage
- Excise tax on high-cost plans
FREE GIFT TO YOU!
Simply click here to let us know what services interest you
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Book Recommendation
"Profits Aren't Everything, They're The Only Thing" is one of the best small business books I have read.
Please ignore the negative comments on family, golf, and religion.
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