Going global: How your biz can make the leap
Ready to expand overseas? Here’s a guide to the resources that can help you get started.
Peter Van Wolvelaerd, Scottsdale
My company has been doing business with the U.S. government, and we have been awarded some new business, in no small measure because of our service-disabled veteran-owned status. We have located business opportunities in Europe with the U.S. government and are trying to partner with a European company. Because we don’t have assets abroad it is very important we work with a local partner. My question is, what are the rules that the U.S. government has for companies when they partner with others? All of our local assets will have to come from our European partner.
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DiggEnterprise zones yield lucrative tax breaks
If your business is in a target zone, don’t miss out on the benefits.
Ros Borden, Miami
My wife and I own a convenience store in a federally designated enterprise zone. We have eight employees and we have owned the store for two years. We are struggling to stay afloat and to hold onto our employees. Can you get us information on how to use this designation to benefit us and our employees? I have already cashed out my retirement money. If we can’t get help, we’ll have to put eight people out on the street. Read more…
Hey LLC, show some ID
A new business structure sometimes requires a new tax ID.
Nasser Rentia, Falls Church, Va.
I am a sole proprietor and am considering forming an LLC. I currently have a tax ID as a sole proprietor. Do I need to get a new tax ID? The IRS requires a new tax ID when forming an S-Corp, but I wasn’t clear on their rules for forming an LLC. Read more…
Purchasing federal flood insurance
Start bidding for government contracts
A step-by-step guide to finding government contracts and going for them.
Brian Hall, Westerville, Ohio
I’m a veteran and a minority small-business owner. How do I get more information on bidding for government contracts?
How to write a winning proposal
Remember, success is in the details when it comes to bids and RFPs.
Paul Shelton, Tavares, Fla.
I need help writing contract proposals and contracts. Any advice or recommendations for software?
Business or hobby? Deductions differ.
Toribio is postponing his decision on whether his business qualifies as a hobby. Have you recently made a distinction between business and hobby? What did you decide?
Beyond the stimulus: Lobbying for biz issues
George Donker checked in with Ask FSB for tips on making his voice heard in DC. Do you participate in any lobbying efforts? Tell us about it.
When do trademarks expire?
Ann Fisher tells a reader how to obtain a trademark in a May 8 Ask FSB column. Have you trademarked an idea? Did you have an idea that was stolen before you were able to trademark it? Post your thoughts.
Will winning small business loans get easier?
“Increase you odds of winning a loan by proving you will pay it back,” say FSB experts in this post. Talk about your loan hassles here. What has worked for you? What hasn’t?
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