Business Tips in a Minute

Fiverr.com . . . Is It Worth It?

At a recent business conference, we heard about a website called fiverr.com, where you can find all sorts of help for just five dollars. So we decided to check it out and pass our research on to you.

Our first task: find someone who could provide a video introduction for our future videos. There were many to sift through, but I found one that looked promising and I hired him. Then I waited.

I received this video back within 24 hours:

Check out the video here…and comment below to let us know if you LIKE it or HATE it!!

We want to hear from you:

Have you ever used fiverr.com? Were you satisfied? Would you recommend them to other business owners?
Our second task: find someone who can provide a professional looking logo for just $5 in a reasonable amount of time.

Click here to see the results

Continue reading...

Advantages of Linking your Business to your Living Trust

Have you given thought to what would happen to your business if
something happened to you?

Would it continue on, or would it be sold by your heirs?

Linking your business to your Revocable Living Trust will allow
the flexibility of choosing what you want to happen with your
company.

As a business owner, your stock or membership interest is subject
to probate if it is held in your name personally.

The probate process takes anywhere from a required minimum of 4
months up to 2 years. I have even seen probate drawn out to a
lengthy 16 years due to arguments.

Would your business be worth anything after going through that?

If your business is like most, it would be better to sell or
transfer the company immediately so as not to lose clients or
contracts.

It’s easy to accomplish this with a revocable living trust. When
you establish a living trust, set it up to own your business
stock or company membership interest (rather than you owning it
personally).

This is the first step to keeping your business out of the
probate process. Here are the main advantages to linking your
business to your trust:

•	Avoid Probate
•	Avoid arguments (Last Will & Testament contests)
•	Transfer your interest to your heirs quickly
•	Continue with Business as usual or sell business with no probate court intervention

Four Steps to Safeguard Your Business Remember these basic steps
to ensure your business is linked to your trust:

1. Prepare Certificates—Issue your membership interest or stock
in the name of your trust, with you as trustee. For example: The
Celebrity Trust, John Doe, Trustee. Cancel the original
certificates previously owned by you and replace them with the
new certificates.

2. Update Ledgers—For an LLC, the schedule of membership interest
should reflect that your interest is held by you as trustee of
your trust. For a corporation, the corporate stock transfer
ledger would show your shares are held by you as trustee.

3. Update Trust Schedule – List your membership interest or stock
certificate shares on your trust schedule under the headings of
Corporations  or  Limited Liability Companies. If your schedule
doesn’t have one of these subheads, then add it. Place your trust
schedule behind the trust agreement itself.

4. Prepare Company Resolutions – Record your resolution of this
transfer to trust in your company records, with the correct
resolution document and place it in your Minute Book. It is
important to take ALL the appropriate steps to correctly link
your business to your trust, so consult your attorney or minutes
professional about getting it done right.

Need to link your Living Trust with your company? We'll do it for
you. Call us at 480-344-1870. http://www.JustAMinuteLLC.com

Continue reading...

Company Minutes: Do LLCs Really Need to File Them?

Many LLC owners wonder if they really need to document company minutes. The answer is an unresounding YES. While the company minutes do not need to be filed with any state or federal entity, they should be kept with the Minute Book of the Company. Let me explain a little of what I mean, and why company minutes are crucial to an LLC and the members/managers of an LLC.

Continue reading...

Tyrell Gray’s Sad Business Experience

Tyrell Gray thought he was sailing along smoothly in his business (without his minute book up to date) and here’s what happened to him.

Sad ending to the story: He lost his business.

Don’t end up like Tyrell. Keep your business protected and compliant. Take advantage of our Summer Sale (ends July 31).

Continue reading...

Alert to Small Businesses that use QuickBooks

I love QuickBooks. I use it for my businesses every day.

So when I saw this news alert from Intuit (the makers of QuickBooks),
I was alarmed!

http://community.intuit.com/posts/alert-irs-is-using-quickbooks-to-audit

Just thought you should know that the IRS has purchased 1500 – 2000 licenses
of QuickBooks so they can train their agents.

Makes you wonder. We know most small businesses use QuickBooks and

we have learned that there are thousands of new agents hired to check up on us. (see my last blog post: http://www.justaminutellc.com/blog/small-businesses-targeted)

What do you think this all means? I think it means we REALLY need to protect ourselves with every means possible.

Now is the time to get our Minute Books into shape. Ask yourself if your company minutes and resolutions are up to date. Do you have the 13 documents you need to protect your business? (http://www.justaminutellc.com/gift)

Comment below and tell me what you think about this.

Continue reading...

January News! Change is in the Air

Happy New Year 2011!!

The New Year brings many changes for us at Just A Minute, LLC.
WE’VE MOVED!!

Into a bigger space! That’s right, we are growing and expanding. Our little office was just becoming too cramped, so we have moved (just about a mile away).

Our MAILING ADDRESS remains the same:
2036 N. Gilbert Road, Suite 2-620
Mesa, AZ 85203

ONLY our  fax number HAS CHANGED:
(480) 344-1870 Phone
(888) 552-6552 Toll Free Phone Number
(866) 519-6218 Fax

Our physical address HAS CHANGED:
1220 N. Spencer Street, Suite 100
Mesa, AZ 85203

We are excited for the change. And we are committed more than ever to be the best minutes company FOR YOU!

Happy New Year! May your year be full of wonderful happenings and increased prosperity.

From,
Your Team at Just A Minute, LLC

P.S. In other news, we are sad to announce that Ashley Dollander has found a job in her area of study (sociology) and will be leaving us! We will miss her terribly and wish her the best in her new career.

We are delighted to announce that Pamela Mercado has joined our team. She is fabulous and will be an asset to you as your Minutes Specialist.

Continue reading...