Hoyman Dobson
E-ssentials Bulletin
Our newest profitability and wealth accumulation tips for our clients and contacts. Click on items of interest for more details on each topic.
Building Construction
 
 
Vacancies and evictions are problems more landlords, property managers and investors are facing these days. More tenants are failing to pay and forcing property owners to negotiate, come up with payment alternatives, evict or go to small claims court.
 
Family Business
 
 
Treating children equally is the goal of most parents, but as time goes by they sometimes realize that treating children equally isn't always fair. Here are some suggestions for achieving financial fairness with the family business.
 
General Business
 
 
Some studies estimate that three out of five companies that hire employees will be sued by an employee. Here is an overview of liability insurance available.
 
Manufacturing
 
 
It's time for you to read about the changes that your company may have to make to protect customers from identity theft. The red flags rule is scheduled to go into effect Nov. 1.
 
Nonprofit Organizations
 
 
What is the least enjoyable aspect of being a board member? Ineffective board meetings. Here are seven steps to improve your organization's board meetings.
 
Physician Services
 
 
Are patients taking steps to ensure they get better care in the hospital? Not as much as they could, according to a survey of patients and nurses by Consumer Reports magazine.
 
Wealth Advice and Financial Planning
 
 
Financial planning is like losing weight - everybody talks about it, everybody knows they need it, but very few people successfully do it. Here are some tips to get you started.
 
Valuations
 
 
The middle-market M&A environment continues to be extremely challenging, although there are some definite signs of improvement. Good deals are getting done now, but the large leverage buyouts will not return until the lending market improves.
 
Washington Tax Update
 
 
 
 
 
 
 
Latest Business Headlines
 
CNNMoney
 
FOXBusiness
 
CNNMoney
 
USA Today
 
Wall Street Journal
 
Growth through Government Contracting Training Seminar
 
November 10, 4 p.m.
Holiday Inn Conference Center, Viera
 
Learn how to:
  • Successfully take your product into the government market
  • Learn how to expand your existing government contracting business 
Daniel Lowe, the owner of Sierra Lobo, grew his company from $0 to $50 million in about 10 years. He will discuss what he knows now that he wished he knew earlier about growing your business through government contracting. Learn his secrets to success! 

RSVP by November 3, 2009, at 321-426-3008
 
Admission: $25/person
For additional details, visit www.hoyman.com
 
Top five resources to research and find government contracting opportunities  
 
The American Recovery and Reinvestment Act (ARRA) signed into law on Feb. 17, 2009, opened new opportunities for small businesses to obtain government contracts.

Take advantage of the following top five resources to research and find government contracting opportunities:
 
The Governor's Office of Economic Recovery was created with the goal of tracking all federal stimulus dollars flowing into the state, local governments, private businesses, and non-profit organizations.
 
2. Florida Department of Management Services -
MyFloridaMarketPlace (MFMP) is the State of Florida's online resource that streamlines interactions between state governmental entities and vendors. For vendors, the website provides a centralized source of procurement activities and enables vendors to reach a broader buying audience.
 
3. Grants.gov
If applying for grants is something that you do on a consistent basis, then you know this website is the place to find and apply for grants. In response to ARRA, Grant making agencies are now posting the ARRA specific grant opportunities on this website.
 
This website, a service provided by Onvia, tracks ARRA spending by federal, state, and local agencies. The tracking enables virtually everyone to have equal access to the projects associated with the recovery efforts.
 
FBO is the official database of all federal government contracting opportunities. Awards over $25,000 are listed, as mandated by Federal Acquisition Regulation (FAR Part 5).
 

 
Business Tips
 
Improving Business Operations - Benchmark revenue and overhead percentages to the leaders in your industry. Determine what is needed to pursue the best in your industry.
 
Wealth Tips
 
Your Purchases - Don't use credit to purchase items that are non-income producing or decrease in value. Borrow money to buy a home, but don't put furniture on a credit card.
 

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The technical information in E-ssentials is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.
 
© Copyright 2009 CPAmerica International Inc.