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“Carson City’s Business Achievement Center is a diverse coalition of businesses that work collaboratively to offer an array of resources, services and expertise locally, regionally and nationally to assist start-up, established and expanding businesses.”

Apr 19, 2012

Warning - Business Identity Theft On The Rise

Contributed by
Tracey Padilla, Pres.
American Corporate Enterprises, Inc.

We frequently hear stories about people who were victims of identity theft. Less often in the media - but unfortunately on the rise – is business identity theft. The thieves look for businesses that have not kept up their annual filings that are either in default or revoked status. They submit annual filings or reinstatement documents then change key company information in order to take control of the business.

As with individual identity theft these thieves then get credit cards in the company name or establish lines of credit with banks or other vendors - all if which can be devastating to a business.

This is one of the reasons that we suggest companies file a formal dissolution with the state, have their tax advisor file a final tax return and close all open lines of credit for their business.

The National Association of Secretaries of State (NASS) has been working closely with The Identity Theft Protection Association (ITPA), which recently launched the website www.BusinessIDTheft.org to combat this growing threat.

The website has information about ways that theft can occur, prevention information, resources, victim assistance and more.

Find out more about the Business Achievement Center at our web site http://www.BusinessAchievementCenter.com. Our group of Strategic Partners are here to help businesses from start-up to expansion with our experience and expertise.

Apr 18, 2012

The JOBS Act- a new crowdfunding craze

American Corporate Enterprises, Inc.'s Blog: The JOBS Act- a new crowdfunding craze:

President Obama recently signed The JOBS Act , which purportedly will ease access to money for small businesses. The Jumpstart Our Business Startups Act bill is supposed to help entrepreneurs find investors through online “crowdfunding,” allowing all Americans to invest in new companies.

This bill also aims to reduce the red tape involved in publicly selling stock. The clock has begun ticking for the SEC to draft regulation to protect investors.

Reports indicate that the JOBS Act allows companies to raise up to $1 million a year from individual investors. The regulations are said to include protection for people who have an annual income or net worth under $100,000 wherein they can invest no more than $2,000 in a company that's using crowdfunding. Continue reading

Find out more about the Business Achievement Center at our web site http://www.BusinessAchievementCenter.com. Our group of Strategic Partners are here to help businesses from start-up to expansion with our experience and expertise.

Apr 6, 2012

Homonyms and other writing pitfalls

Contributed by Roger Diez, Pres.
Get It Write, Inc.

One of my pet peeves is the incorrect use of words that sound alike but mean different things. Other common spelling and grammatical errors also grate on my nerves. Here are a few examples that you will find on websites every day:

Two, too, to: I think most people know the difference, but the typing fingers sometimes have a mind of their own. "Two", as in the number, is the least of the offenders, but "too" and "to" are often interchanged. "Too" indicates a more than necessary . . . "You put too much salt in the soup." "To" indicates a direction or destination . . . "We're going to Disneyland!"

There, their, they're: "There" indicates a location . . . "What's that over there?" "Their" is a plural possessive . . . "That's their problem." "They're" is a contraction of "they are". But it's amazing how frequently these three words are used interchangeable (and incorrectly).
Your, you're, yore: "Your" is the second person possessive . . . "Is that your cell phone ringing?" "You're" is a contraction of you are . . . "You're going to answer it, aren't you?" "Your" is too frequently used in place of "you're", even by people who should know better. Yore is a somewhat old-fashioned term indicating the past. It is only a suitable replacement for "your" or "you're" when writing in hillbilly dialect.

Phase, faze: "Phase" is a term for a particular point in development . . . "It's just a phase she's going through." "Faze" indicates confusion or panic in the face of difficulty . . . "The final exam didn't faze me a bit." It seems that a lot of writers have never heard of the latter, because they use former in its place all the time.
Its, it's: "Its" is the possessive of the neuter gender . . . "The microwave oven blew its fuse." "It's" is a contraction of it is . . . "It's really cold out today." No apostrophe is required for the possessive. Would you write "hi's" for "his"? Or "her's" for "hers"? OK, some people might (see below for apostrophe misuse).

Here's one you don't see too often, but I ran across it the other day in a mystery book I was reading, and it really jangled my nerves: Lam, lamb. "Lam" is a slang word for running away . . . "He's on the lam from the law." "Lamb", of course, is a baby sheep. When you say, "He's on the lamb" it conjures up a disturbing image.

Other things that drive me nuts are misplaced and unnecessary apostrophes and commas. Or should I say, "Other things, that drive me nut's, are misplaced, and unnecessary, apostrophe's and comma's." I'm sure some people have random comma and aphostrophe generators in their word processors. Commas separate things in a series, or indicate a natural break. Apostrophes indicate a possessive or a contraction.
In days of yore (not your or you're), most of these rules were drilled into students’ heads in elementary school. Back then it was called grammar school, and for good reason.

Roger Diez specializes in busines writing: web content, newspaper/magazine articles, press releases, sales collateral, radio/tv commercials. For assistance contact Roger at (775)721-6230.

Find out more about the Business Achievement Center at our web site http://www.BusinessAchievementCenter.com. Our group of Strategic Partners are here to help businesses from start-up to expansion with our experience and expertise.