Archive for the ‘family’ Category

Corporation for Business

Sunday, March 14th, 2010

There are advantages of corporation it can have a limited liability. The liability of a stockholder is only up to his shares of stock. In case the corporation becomes a failure, creditors can only lay their claims on the assets of the corporation, not on the personal assets of the stockholders. Corporation are easy to raise capital. Asia from bank loans, a corporation can sell shares of stock to the public for additional funds. Individuals are more willing to invest in a corporation due to limited liability, and they can sell their shares of stock. They have perpetual life. The life of a corporation does not end with the withdrawal or death of key owners. It can exists for 50 years and it is subject to renewal. They also have specilized management. A corporation can hire professional managers and specialists. It has the funds to develop its human resources.

Start Times and Finish Times

Sunday, March 14th, 2010

Make your home office operate like an office. Start at 9 a.m. (or noon if you are a night owl). Stop at 4p.m. (6p.m. for night owls, but don’t worry, you get to go back later). Spend some time doing personal or family things. There is one important exception. We have the power to intersperse daily household chores like doing the dishes, washing clothes, vacuuming so that our weekends can be free. We build time for that into our daily schedules. Where did my day go? Since we don’t have a boss to keep us on track, we fritter away time without realizing it. Our justification is, “At the office, I wasted time in the coffee room. Now I don’t do that.”True, but you waste time on the nonessential. Keep a log (just use general times) of nonessential things you do for a week or two. Don’t keep track of the important stuff you accomplish. Concentrate on wasted time. You have to approach it this way so you’ll become acutely aware of what’s happening. If it has a lot of notations like: played Freecell, played solitaire, talked to friends.. .you’ll know it’s a good list. Everything else I suggest accentuates the positive. But to fight the devil, we have to go to hell.