Toluu

To-Done

Working To Live

Running a successful business is in the detailsSeptember 24 2007

Business structures such as a limited liability company (LLC) , Limited Partnership (LP), S Corporation and C Corporation are legitimate, legal structures. When you form one of these entities, you also reap certain benefits in terms of tax savings, limiting liability, protecting assets, etc. However, in order to enjoy these benefits, you need to meet the specific requirements set forth by the federal government and states in order to preserve that business structure. Too often, business owners form one of these entities, file their articles of incorporation/bylaws and begin operating their business. Unfortunately, many tend to forget to keep up with holding regular director and shareholder meetings, keeping complete corporate minutes and filing the appropriate annual reports with the state.

Besides the fact that these are important requirements for owning one of these business structure, failure to maintain these standards could potentially lead to several problems. Problems that will require business owners to either pay out or loose money. For instance, the IRS likes to scrutinize business structures, especially when it comes to qualifying deductions. If you find yourself being audited, do you know one of the first things they are going to ask for? You guessed it, copies of your minutes and corp./LLC documents. They want to ensure that you have indeed been operating as a corporation or LLC and have been hol

How (NOT) important is an idea for starting a new businessApril 10 2007

How important is it to have a great idea for starting a new business? I think that the idea is not really important at all. I often hear from people around me about what great ideas I have for business. It might seem like it when looking at one of my existing businesses that it was great idea, but it wasn’t at the start.

I started many of my businesses by accident. When I look back on how I came up with the ideas I can say there was no major thought process behind any of my business venture. I didn’t even have any substantial experience in those businesses when I started.

I knew I would be moving to Nevada and I tried to think of what I could do there. I knew Nevada was a very popular state for incorporation because of the very friendly business climate. So I figured it might be worthwhile to try an incorporation service. I also started another business in real estate, but I will talk about that later. Let’s go back to the incorporation business.

First, I went to Google trying to find other companies offering an incorporation service. I was trying to figure out how they worked, what was their pricing, if a person needed a lawyer to incorporate a business or if I could do it myself, what were the state fees, what forms must be used, etc.

The next step was to start it. This is the most important step in any venture. Unfortunately, from what I’ve seen

Getting things done! Again…April 7 2007

To-Done! is going to live again! Expect new articles and information. New articles will be probably more business oriented as most of my experience is from business world.

I personally always try to get things done the easiest and fastest way. My background is mostly in business world and most of my experience is how to make enough money and still have perfect live (i.e. time for hobbies and family).

Sorry if my English is not perfect. I came to the U.S.A. five years ago. I basically came with almost nothing, had to learn language, culture and the side I have build couple of successful businesses. But don’t expect the workaholic versions of getting something accomplished. I could say that I am very lazy person always trying to find the most efficient way to solve any problem. It works for me and I want share some of my experience.

John Vanhara

Done!March 21 2006

Well folks, it’s been fun, but I’ve decided to close up To-Done. It’s not so much that I don’t have time for it anymore, it’s just that I don’t have a whole lot more to say on a regular basis. Maybe I’ll re-open it down the road, but for now I’ll feel much better if I just put it to rest. In the meantime be sure and check my weekly column at Lifehacker!

Thanks for reading and joining in on the various discussions we’ve had. It’s been great fun while it lasted and I hope I helped some of y’all with your work/life balance.

Yours,

D. Keith Robinson

Assignment: Remember Your DreamsMarch 7 2006

by Josh

Back in elementary school I was in a class in which we did a study on dreams. Not just meanings of dreams and facts and the like, but actually ways to remember them. Not only was it pretty sweet to be able to wake up and remember a lot of the stuff you just dreamed, but it was cool to go back months later and check out the dream journal we kept and right then, vividly remember the dreams I had months before.

Hopefully something I’ll be able to do here on a monthly basis is post an “assignment” of sorts. An activity for you to do that will, in some way, provide a better understanding of yourself or your surroundings.

So this months assignment is to remember your dreams.

“How the flip flop do I do that Josh?” Ah, good question. Yes, there really is a methodology to this and yes, if done correctly, it will work.

Step 1.
When you lay down to go to sleep say out loud “Remember your dreams.” repeatedly. Say it atleast 10-20 times. The key here is “out loud.” Doing this trains your brain/memory to do just that…remember your dreams. All dreams are in some way affected by day-to-day thoughts/activities/etc and audibly saying “Remember your dreams.” puts the action into your brain.

Step 2.
After audibly saying “Remember your dreams.”, say it to yourself another 10-20 times. The same reason as Step 1 applies to this.

Step 3.