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7 Reasons Your Small Business Needs a Website
Still not convinced a web site would benefit your small
business? Here are 7 reasons to start building your internet
presence.
1. Plenty of space
It can be hard to choose what to say in your limited-space print
ads. One...
Book Review: Manners That Sell
About The Book:
Title: Manners That Sell: Adding The Polish That Builds Profits
Author: Lydia Ramsey
Publisher: Longfellow Press, Savannah, GA
Publisher Address: P.O. Box 16545, Savannah, GA 31416, 912-598-9812
ISBN: ...
How Home-Based Business Entrepreneurs Think
Too many people are trying to start their home businesses with an ordinary employee's way of thinking. This has become a common reason why not long after sitting down and giving it a fair look into even the most lucrative business opportunity...
Small Business Q & A: Choosing A Business That's Right For You
Q: I really want to start my own business, but I have no idea what business would be best suited for me. I'm also eager to get started, but I don't want to pick the wrong business just because I'm impatient. How should I go about deciding what...
The Ugly Truth about Search Engines
Do you want more search engine traffic? Are you having trouble getting it? You’re not alone. You could have the most highly optimized web site possible and still fail to achieve a top ten, or for that matter, even a top 20 ranking in an engine...
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Small Corporate Offering Registration (SCOR)
The Small Corporate Registration was designed specifically for
small businesses. It allows small companies to raise equity or
debt capital publicly without having to register with Securities
and Exchange Commission. It is designed to streamline the state
review process by using standardized forms and reviews. Each
states separately reviews the company's filings and issues a
permit allowing general solicitation to the public in that state.
Permits are generally issue within 30 days ( in Nevada) or it
may take up six months (as is the case in California) depending
on each state's regulatory standard.
This form of registration is available to small securities
issuers pursuant to Regulation D, Rule 504, of the Securities
and exchange Act of 1933, as amended.
It allows small companies to be able to raise up to one million
dollars in equity financing with certain limitations and
guidelines. This program is known as Registration By Exemption
because it is basically a hybrid between a public offering and a
private placement.
This type of offering is often referred to as DPO, or Direct
Public Offering because the stock can be sold to the public
without the use of an underwriter or agent (Broker). These
securities can also be sold to the public and be resold into
established secondary market.
Under an SCOR offering a company can advertise for investors,
and sell securities to anybody who expresses an interest, this
provides a great advantage over a 504 offering where the
offering is restricted to only 35 non-accredited investors.
Being able to list the securities on the Nasdaq Bulletin Board
or the Pink Sheets is another positive for DPO's because it
makes the investment more liquid and appealing to investors.
You can anticipate receiving comments from examiners in many of
the states in which registration is sought, depending on the
regulatory approach taken by the state, those comments may be
limited to request for disclosure of additional information or
may require certain terms of the offering to be modified with
the states fairness laws.
Failure to resolve outstanding comments can lead to denial of
application for registration by the state. The states may make
applicable substantive fairness standard as an appendix to the
filing instructions or make use other means to make the
available.
SCOR offering may be done in selected states and it requires
audited financial statements. An experience securities lawyer is
required, one that is familiar with the process and is familiar
with states requirements.
The issuer must be incorporated since it will selling stock in
the corporation, It must have a Business Plan because much of
the information required in the offering circular can be taken
from the business plan.
A company should gauged investors interest in the offering
before launching a DPO. Some of the advantages of a DPO are that
it be
advertise to the public, the company can solicit
investors, and it works best when offered directly to targeted
group.
These groups are referred to as affinity groups or groups that
have some type of connection with the company, its product or it
services. A company that can easy contact its customer has an
advantage over one that may have many customers but no
information on them at all. For example a company in the medical
field may target doctors, but since it is impossible to know all
the doctors in the area it may need to purchase a list of
doctors from a direct mail company.
Regulation D 504 does not require audited financial but you can
only sell to 35 non-accredited investors the rest must be
accredited. Soliciting and advertising for investors is not
allowed.
An accredited investor: · A natural person who has individual
net worth, or joint net worth with the person's spouse, that
exceeds $1 million at the time of the purchase. · Accredited
investors are natural persons with income exceeding $200,000 in
each of the two most recent years or joint income with a spouse
exceeding $300,000 for those years and a reasonable expectation
of the same income level in the current year. · A broker/dealer
registered with the Commission under the Exchange Act purchasing
for its own account as an investment is included. [Rule
501(a)(1)]. · A trust with assets in excess of $5 million, not
formed to acquire the securities offered, whose purchases a
sophisticated person makes. · A charitable organization,
corporation, or partnership with assets exceeding $5 million. ·
A director, executive officer, or general partner of the company
selling the securities. Regulation D 504 Is easy, fast and
inexpensive to prepare. No underwriter, broker or agent is
required, stock may sold company employees.
None of these type offerings are one-sized fits all each must be
evaluated on its on merit and the needs of the company. Nor are
these the only options.
Upon completion of the offering the company must request for a
Market Maker to file a 15c211 to have the shares of the company
publicly quoted.
For additional information please visit:
http://www.genesiscorporateadvisors.com
Joseph Quinones, President of Genesis Corporate Advisors has
spent over 25 years in the securities industry. In 1992 he
founded JDQ Financial Group, Inc. and proceeded to build it up
from a one Man operation to the point where it employed many
traders, advised numerous client, and generated millions in
revenues. http://www,genesiscorporateadvisors.com
About the author:
Joseph Quinones, President of Genesis Corporate Advisors has
spent over 25 years in the securities industry. In 1992 he
founded JDQ Financial Group, Inc. and proceeded to build it up
from a one Man operation to the point where it employed many
traders, advised numerous client, and generated millions in
revenues. http://www,genesiscorporateadvisors.com
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| United States Small Business Administration |
| An electronic gateway of procurement information for and about small businesses. Search engine for contracting officers, marketing tool for small firms, ... |
| www.sba.gov |
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| SBA |
| The Small Business Planner includes information and resources that will help you at any stage of the business lifecycle. ... |
| www.sba.gov |
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| Main Page - SmallBusiness.com - Small Business Resources |
| Find Small Business plans, advice, tutorials about organization, corporations, entrepreneurship, and smallbusiness. |
| www.smallbusiness.com |
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| Yahoo! Small Business: Domain Names, Web Hosting, E-commerce ... |
| Yahoo! Small Business provides products and services that enable you to establish and grow your business on the Internet. Services include domain name ... |
| smallbusiness.yahoo.com |
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| business start up small business finance start up advice. |
| www.smallbusiness.co.uk |
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| Smallbusiness.gov.au redirect to business.gov.au |
| Business Entry Point - Helping small business in big ways. An Australian Government initiative. The content from this website has now been consolidated into ... |
| www.smallbusiness.gov.au |
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| Business & Small Business |
| Online and print small business publication. Information to help start, grow or manage a small business. |
| www.entrepreneur.com |
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| Microsoft Small Business Center |
| Your home for information about Microsoft's small-business products and services, tailored business advice, technology tools, and more. |
| www.microsoft.com |
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| The Small Business Advisor - advice for starting and operating a ... |
| Advice and assistance for starting and operating a small or home based business. |
| www.isquare.com |
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| SCORE "Counselors to America's Small Business" |
| A nonprofit association dedicated to encouraging the formation, growth, and success of small business nationwide through counseling and mentor programs. |
| www.score.org |
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| Small Business and Self-Employed One-Stop Resource |
| IR-2006-2, January 3, 2006 - Temporary and proposed regulations will significantly reduce tax filing burden for nearly 950000 small business owners. ... |
| www.irs.gov |
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| Welcome to Small Business BC your business resource in British ... |
| BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver. |
| www.smallbusinessbc.ca |
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| Small Business Service | Home |
| Provides information and advice to help small businesses realise their potential. |
| www.sbs.gov.uk |
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| NSW Small Business |
| A site developed by the NSW Department of State and Regional Development for small businesses. Topics include management, resources, current issues and ... |
| www.smallbiz.nsw.gov.au |
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| Business Management & Advice: Small Business Resources & Information |
| Looking for business management and advice? Our website includes small business resources and information that can help you. Visit the small business ... |
| www.businessweek.com |
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| Small Business Lawyer, Attorney, Law, Legal Help - FindLaw for ... |
| Information and legal sites relevant to small business. |
| smallbusiness.findlaw.com |
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| Small Business Funding Opportunities (SBIR and STTR) |
| Links to Small Business Funding Opportunities and SBIR / STTR Applications. |
| grants.nih.gov |
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| Microsoft bCentral Small Business Directory |
| Directory categorized by industry with company business card feature. |
| sbd.bcentral.com |
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| Our site has moved! Please update your bookmarks! |
| Facilitates the sharing and exchange of information among small business development centers, the small business administration and other business-oriented ... |
| sbdcnet.utsa.edu |
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| Small Business Development Corporation |
| Our business information services provides guidance to improve business skills and knowledge on advice on starting, buying, selling and expanding a small ... |
| www.sbdc.com.au |
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