Business Property Examples

Business Property Examples

The best way to ensure that you’re getting the most out of your business property is to have a good understanding of its value. There are a number of things that you need to take into account, including leasehold improvements and taxation when selling your business property.

Tax implications of selling business property

When selling a business, the tax implications can be complex. There are several factors to consider, including the type of business, the sale structure, and the tax rules of various states. Fortunately, a professional tax accountant can help you make sense of it all.

A business sale is taxed on the amount of gain it receives, and on the monies, it pays out. The IRS requires that business owners report the proceeds on Form 8594, the Asset Acquisition Statement.

Taxes can also affect the timing of a sale. Rather than pay taxes at the time of purchase, …

Business Property Examples Read More
State Farm Business Insurance

State Farm Business Insurance

There are a few different types of business insurance that you can look into. These include workers’ compensation, general liability, and commercial property. Each one has its own unique benefits and limitations.

General liability

There are many types of small business insurance policies that are available from State Farm. These policies offer coverage to protect your business from lawsuits and costly legal fees.

One of the most common types of business insurance is general liability insurance. This policy is designed to cover losses, such as damage to your property, or medical expenses. It is often accompanied by professional liability insurance.

Errors and omissions insurance is another type of coverage. This type of insurance protects your business from lawsuits alleging negligence or faulty services. The policy can also help cover defense costs.

For additional protection, consider a State Farm Commercial Liability Umbrella Policy. This policy provides broad coverage and can be …

State Farm Business Insurance Read More
Exploring The 'Creative Digital Agency' Concept

Exploring The ‘Creative Digital Agency’ Concept

Any conversation on the topic of the ‘creative agency’ can often result in blank looks.

In fact, bring up any of the following terms; ‘digital agency’, ‘advertising agency’, ‘print agency’, or even ‘marketing agency’ and you are often met with the same looks of bewilderment that would be the result of speaking Martian.

As easy as it would be to simply write off this attitude as ignorance – but that’s not useful or (in many cases) the truth. The confusion may stem from the fact that it’s difficult to pin down exactly what it is that a creative agency actually does. The fact is, that’s a question that can be pretty challenging to answer.

So, in order to still the chatter we have applied our minds to addressing the most common questions about the services and functions of a creative agency.

How do we define a ‘Creative Agency?’

In a …

Exploring The ‘Creative Digital Agency’ Concept Read More