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Tuesday, April 26, 2011

CFOs to Face 401k Liability

CFOs could face liability as 401(k) fiduciaries

Chief financial officers who act as a fiduciaries for their companies' 401(k) plans could face lawsuits if participants are given the option of investing in employer stock, lawyer Jeff Mamorsky writes. Plaintiffs may argue that a CFO violated the fiduciary duty following a significant drop in the stock's price. The solution is to establish an independent process before deciding to include company stock in a 401(k) plan.

CFO.com
http://www.cfo.com/article.cfm/14570747/c_14571432

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

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Sent on the Sprint® Now Network from my BlackBerry®

Wednesday, April 13, 2011

How to Create Viral Buzz for Your Company

Tips for spreading the viral-marketing bug

Viral content is the holy grail of many online marketers, and while you can't "make" anything catch on like wildfire, there are steps you can take to fan the flames, says Jon Steinberg, president of BuzzFeed. Among his tips: Keep videos to 30 seconds, emphasize a personal angle, create a compelling headline, allow users to interact and don't be too polished. 

BothSidesOfTheTable.com
http://www.bothsidesofthetable.com/2011/04/11/here-are-10-tips-from-buzzfeed-to-make-your-content-go-viral/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®

Tuesday, April 12, 2011

Great Products Alone Don't Guarantee Your Profit

Why a great product won't guarantee you make money

Alex Matjanec helps consumers manage their money better through MyBankTracker.com, and he says many entrepreneurs live "invoice to invoice" because they fail to grasp basic financial principles. Know your true costs, don't confuse profits with cash flow and plan ahead to take advantage of tax deductions, he urges. When it comes to pricing, "plan to start high with expectations of lowering." 

BusinessNewsDaily.com 
http://www.businessnewsdaily.com/bank-tracker-money-advice-1168/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®

Friday, April 08, 2011

How to Build Your Sales Team Without Breaking the Bank

8 tips for attracting a team without a budget

It's a classic chicken-and-egg problem: Investors want to see a talented team behind a startup, but founders often need investors before they can hire a team. Members of the Young Entrepreneur Council weigh in with creative solutions, such as forming an advisory board with an ownership stake in the company, building a reputation for expertise and taking part in networking groups or meetups.

BNET/Owners Only blog
http://m.bnet.com/blog/smb/how-to-get-good-talent-before-you-have-funding/4191

Enjoy the article.

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®

Wednesday, April 06, 2011

15 Ways to Boost Sales

Here's a great article. I'm sure you'll enjoy it.

15 Ways to Boost Sales Without Adding a Salary

Looking to ramp up sales without the expense of a full-time salesperson? Commission-only is one way to go, but there are many additional options, according to the experts cited in this roundup. Try affiliate websites, distribution partners or commission-based catalogs. Another tip: Turn customers into salespeople by asking nicely -- and thanking them sincerely.
 
-Fox Business News
http://smallbusiness.foxbusiness.com/entrepreneurs/2011/03/11/driving-sales-hiring-salesperson/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®

15 Ways to Boost Sales

15 Ways to Boost Sales Without Adding a Salary

Looking to ramp up sales without the expense of a full-time salesperson? Commission-only is one way to go, but there are many additional options, according to the experts cited in this roundup. Try affiliate websites, distribution partners or commission-based catalogs. Another tip: Turn customers into salespeople by asking nicely -- and thanking them sincerely.
 
-Fox Business News
http://smallbusiness.foxbusiness.com/entrepreneurs/2011/03/11/driving-sales-hiring-salesperson/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®