Antiques For Profit Magazine 

>>Homepage










 

 


Click Logo To Page

Navigating the promotional maze

Pros and cons to three hot topics

Invited to be officer on the board—flattering or dangerous?
Officer and director liability is staggering. If a friend of yours is starting a company or charity and she asks you to sit on the board, carefully make your decision to accept or decline the position. If a mistake happens and the shareholders file a lawsuit, you could be named in the lawsuit because you’re a director or officer of the company; you are also personally liable for the salary of any salaried employees (if you’re an officer of a company). Before you casually accept an offer to become an officer or director of a company, make sure you have insurance, which is called “director of liability policy.” If you’re not pursuing the position and it’s something you’re invited to accept, you may want to ask them to pay the premiums on your insurance.

Limited partnership vs. general partnerships
Limited partnership: Your liability is limited to the amount of your investment
General partners: You have unlimited liability. Because you have the day-to-day control of the company, the trade off is more liability.

Smile. Some debt can be great
Good debt verses bad debt is another way to say credit verses debt. Not all debt is bad. Credit that entitles you to invest is good, such as your home mortgage (assuming your house has appreciated), starting a business, or purchasing investment properties. What determines if it’s good or bad is what you do with it. If you’re buying depreciating assets, you’re not incurring good debt.




Summary
Navigating the promotional maze
Partnerships and direct promotions can be a liability. Make sure you limit your chances by realizing the possibilities and weighing the good from the bad.

Keywords:
tax deductions, tax tips, wealth building

Word Count:269

[#910 of 2596] -end


NEW Articles of the day for
Antiques For Profit Magazine

[an error occurred while processing this directive]

  Visit Our Advertisers -
They help keep this service FREE!

NEW Ads every day in
Antiques For Profit Magazine

I USED TO BE ON A FIXED INCOME.
NOT ANYMORE!

Let Me Send You Some Of The Great Programs Which Got Me Off Food Stamps and Into A Better Ride!
These Programs Are The Best!
Send #10 LSASE and 2 loose Forever Stamps:
HONEST PROGRAMS
P.O. Box 159 C
Rocky Point, NC 28457-0159

JOBS POWERBALL
JACKPOT
FUND RAISER

To enter, purchase Proxene ES 90 capsules, (an anti-aging supplement), for one of the following prices that you can afford:
[ ]$50. [ ]Up to $120.
[ ]More than $120.
This is a fund raiser so Medicare or Medicaid are not accepted.
Checks are preferred.
I will accept money orders and credit cards.
No orders accepted by E-Mail.
Allow up to 4 weeks for delivery of Proxene ES 90.
Send your order to:
DR. LEMMIE PINKNEY, M.D.
4075 KAHNVILLE RD.
GLOSTER, MS 39638

FREE REPORT!
How To Legally Make $100.00's To $1'000.00's Of Dollars

Working From The Comfort-Privacy Of Your Home-Residency.
No Experience Needed.
For Free Report, Send 3 Forever Stamps, Shipping And Handling to:
MILTON DOUGLAS
POB 200043
JAMAICA, NY 11420
Related Opportunities At:
http://www.miltonsopportunityknockers.info/index.html

FINALLY START MAKING MONEY

By Marketing Your Own Products and Ideas
Or Others' Products And Ideas!
Send $1.00 Plus 2 F/C Stamps to:
JAMESINA WENTZ
412 E. 7th. St., Apt.2
The Dalles, OR 97058

FREE FULLER BRUSH-STANLEY CO.
Dealership, Website & Hosting.

Earn Money Working From Home.
1-410-674-0030
Join:www.FullerBrushgetstarted.com
Shop at: www.FullerDirect.com
ENTER Log in #1417663



Antiques For Profit Magazine

Antiques For Profit Magazine - COPYRIGHT - ALL RIGHTS RESERVED