The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
By Patricia A. Rasmussen, Ed.D. Citrus College Governing Board Member Image: Citrus College instructor Mariano Rubio (left) worked with students Joshua Tobar Lam (center) and Aimee Ortiz-Ramirez (right) to study how plasma technology could help reduce pollution associated with the burning of hydrogen in car engines. Over the past few years, something very exciting has been brewing at Citrus College. As a result of visionary leadership and support from the entire campus community, the Citrus College
Joining a local business association can significantly transform your business landscape, offering a range of opportunities that go beyond traditional networking. These associations serve as a catalyst for growth, providing a platform for businesses to enhance their credibility, expand their digital presence, and engage with the community. By becoming an active member, you gain access to resources and insights that can drive innovation and competitiveness. The collaborative environment fosters
Starting a business is an exhilarating journey filled with innovation and potential, but securing the necessary funding often poses a significant challenge. Understanding the landscape of business financing is crucial for turning entrepreneurial dreams into reality. This guide aims to equip you with essential knowledge and strategies to master the complexities of business funding. By exploring various financing options and learning how to effectively present your venture to potential investors, you'll be
Adobe Acrobat is a versatile software suite that offers a wide range of benefits for small and local businesses. From document management to collaboration and security features, Acrobat is an indispensable tool for organizations of all sizes for many reasons: Efficient Document Management: Acrobat provides robust document management capabilities, allowing businesses to create, edit, organize, and archive documents seamlessly. With features like merging, splitting, and indexing PDFs, businesses can
In the modern workplace, it's increasingly important for employees to work together effectively, since collaboration can boost productivity by up to 25%. Working together as a united front is essential for completing projects on time and within budget. When team members share ideas and knowledge freely, they can pool their resources and come up with creative solutions that wouldn't be possible working alone. Here are some techniques that will encourage collaboration to help your company operate
Starting a restaurant can be one of the most exciting things you will ever do. It is fun to be able to create something from scratch and watch it grow over time. A restaurant is not only a business but also an art. It requires lots of creativity and hard work to make it successful. Successful restaurants have "a story" that they tell to the customers and they are able to create an unforgettable experience for them. If you’re interested in learning how to make restaurant ownership affordable, this