What Is Your Internet Influence?

Do you have Klout? Yes, I spelled it correctly. There is a new website for all of you who use social media to grow your personal or business results. Klout has developed a methodology using over 35 variables of Facebook and Twitter to measure things such as true reach, amplification probability, and network score. True Reach is the size of your engaged audience and is based on those of your followers and friends who actively listen and react to your messages.  Amplification Score is the likelihood that your messages will generate actions (retweets, @messages, likes and comments) and is on a scale from 1 to 100.  Network score indicates how influential your engaged audience is and is also on a scale from 1 to 100.  The Klout score is highly correlated to clicks, comments, and retweets. (source: Klout) As social media expands as a mechanism for growing new customers, business owners out there need to pay attention to websites like Klout.  Shouldn’t your ...

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Can I Convert My 401(k) To A Roth 401(k)?

This past week Congress passed the Small Business Jobs Act Of 2010. While there were many interesting parts to the bill including changes to how employee cell phones are viewed and accelerated write offs for business owners, one of the very intriguing parts to the bill is the conversion of your existing 401(k), 403(b), or 457 retirement plan. If your employer has a Roth 401(k) provision, (which if they do not currently you should really complain to your HR or Benefits person) you may be eligible for a potentially good long term tax management idea. Generally your employer must have a Roth 401(k) source in the plan, allow in-service withdrawals, allow rollovers, and have the Roth provision in the plan to be able to take advantage of a conversion. 2010 is an especially meaningful year because no matter what level your income is this year, you can convert some or all of your 401(k) (403(b), 457) over to a Roth ...

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Top 10 Questions To Ask Your Financial Advisor

Can you describe for me how you are compensated? Does your firm have any quota’s you must meet? Are there any financial products you are unable to sell because of your licensing or your firm will not allow them to be sold?  Which?  Why? Are there any products that are manufactured by your company? Describe for me your asset management strategy? How much experience do you have? Are you making the investment decisions or are you following someone else’s philosophy? How many firms have you worked with in the past? Why did you choose this firm? What are your financial goals? Related Articles – Top 10 Ways To Tighten Up Expenses For Business Owners, Top 5 Insurance Policies To Avoid , TOP 10 Atlanta LATE NIGHT Restaurants, The Top 10 Most Overlooked Tax Deductions , Top 5 Ways to Help Someone Who Is Unemployed , Top 10 Questions to ask your Accountant Kile Lewis, CRPC® Co-CEO and Founder oXYGen Financial, Inc. Request a FREE ...

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Top 10 Ways To Tighten Up Expenses For Business Owners

Top 10 Ways To Tighten Up Expenses For Business Owners By: Cindy Buie Sometimes thinking small is the best way to achieve big results. Such is the case for closely-held businesses looking for unique ways to save in a tough financial landscape. And while executives are trimming from the top, every employee can help play a role in reducing excess waste. Here are our “Top Ten Everyday and Lesser Known Ways” for businesses to tighten up around the office: 1. Review Your Insurance: Are you getting the best rates on medical insurance for your employees and general liability for your business? Ask your agent about ways you may be able to save, or inquire about money saving umbrella policies. 2. Manage Corporate Credit Cards: – Review spending limits for anyone who has access to a corporate card and set spending guidelines for what items can be purchased on the card and review billings to ensure compliance.  Communicate any changes to ...

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