Sadia Mahmud

What You Should Know About Tax

What You Should Know About Tax

Taxes are seen as one of the most constant evils we encounter in our lives. If it is possible for many people, they will do without it but it is a necessity when cannot do without. More so, it is one of the most misconstrued concepts. However, if you learn the tips and how it works, you will realize that the processes are not as difficult as most people think. Do you have some puzzling questions about taxes, below are some of the answers and tips that might help you.  (more…)

Tips for Controlling Your Personal Finances

Tips for Controlling Your Personal Finances

The first thing I learned when I began my financial planning career seven years ago was that financially successful people make out time and energy to attend to their regular budgeting, planning and managing their finances. As a matter of fact, the get discipline and educate themselves financially and not only that they also ensure that this education continues through their life.

Virtually everybody does not receive financial education while growing up but it is very basic to financial success. These takes on financial foundations will help you to expand your financial knowledge and give you foundation in personal finances.  (more…)

Tips on Enforcing a Noncompete Agreement

Tips on Enforcing a Noncompete Agreement

Employers are often apt in protecting their businesses from employees who would want to take undue advantage of them or those who come to spy out information from them and use it to their own benefits and to the employer’s demerit.

Most employers require employees to sign “noncompete” and “nonsolicitation” covenants as a measure of checkmating this danger. The employee agrees in the covenant not to be involved in similar business or one competing with the company within a stated geographic region in a defined period of time after leaving the job. (more…)

How to Survive Bankruptcy

How to Survive Bankruptcy

I declared personal bankruptcy in 2002. I was advised by my lawyer that the only way I could get out of the $80,000 lien on my personal bank account was to declare a bankruptcy. I got into the debt because of the infidelity of a former business partner and my own ignorance and blind trust. He might be defaulted his own part of the credit and the entire burden of the loan fell on me. This occurred because I did not read through the papers years earlier when he handed the agreement over to me to sign because I trusted his judgment.

I suffered lots of shame and humiliation for declaring bankruptcy. Although I tried my best to forget about the entire situation but this proved difficult especially when I have something to do with the bank. Robin Hardy of The Moosey Group Inc described it correctly. She said the main emotion felt at such point in time is failure. The feeling of failure comes from the way the creditors would treat you in such condition. They will make you feel like a failure, a looser and a nonentity.  (more…)

Tips on Driving Your Business Further with Debts

Tips on Driving Your Business Further with Debts

Debt is indeed a great word to many small businesses not because lenders reluctance towards extending their credit but because of the effect it has on their purses. Experts say that incurring debt could be a wise decision for some small businesses if it occurs under the right conditions.

It is also quite obvious that small business credits are on the rise. This was made certain in a survey conducted by a financial analysis company, Sageworks, located in Raleigh North Carolina. The survey involved about 159 financial institutions and more than 50 percent of them said that they have a plan to increase their lending to small businesses but only 11 percent said that they plan to reduce it.

Philip Chang of Carbon Publicity, a media firm in Chicago which helps small businesses with financial issues, said that they do not foresee any difficulty with small businesses obtaining financing. (more…)

Mobile Security Blind Spot that Requires Attention

Mobile Security Blind Spot that Requires Attention

Before becoming the director of information services at Bush Gottleib law firm, Jose Quintero already have firsthand knowledge about how a lost smartphone can devastate a business. He worked for automated system analyst, a multinational company that has up to 700 attorneys spanning about 15 offices. Without Quintero’s knowledge, an attorney moved his photos, documents and data from his laptop to his iPhone without backing the information up. After a short while, the attorney’s laptop was attacked by virus and he lost the information in it and then he also lost his iPhone, leading to an absolute loss of the data.  (more…)