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Hi, Friend. Here are your Articles for July 11, 2007.
 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
Outside Directors – What Family Businesses Need to Consider

Over the past few years we have seen many entrepreneurs beginning to use Outside Directors in their management model. This trend is expected to continue as business owners look for new approaches for running their businesses. The independent views and industry exerience outside directors bring to the table, make them excellent sounding boards for buisness owners. Read on to learn more about the roles Outside Directors are playing in today's businesses.  


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Have You Done a SWOT Analysis Lately?

SWOT analysis, (Strengths, Weaknesses, Opportunities, and Threats) everyone has heard of it, but few use it to benefit their organization. SWOT analysis is a proven method of assessing organizational resources and operating environments. This tool is an excellent way for entrepreneurs to more fully understand their business and its focus markets. Read on for tips on how to perform a thorough SWOT analysis and how it can benefit your company. 


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July 25th: McKonly Benefits Hosts Free Webinar on Managing Disability and Leave Issues

Join us July 25th from 9:00am - 10:00am for this FREE Webinar  Do you know how to deal with FMLA?  Long-term and short-term disability?  Are you managing your company's annual leave policy correctly?  Please join us for the first in a summer-long series of webinars focused on better managing your employee benefits.  The first in this series sponsored by McKonly Benefits features nationally recognized attorney & HR expert Christine Walters, JD, SPHR.  Fresh off her presentation at the 2007 Society of Human Resource Management national conference, Christine will share current ins and outs of disability and annual leave rules and regulations. Seating will be limited to the first 100 individual participants.  To register, contact Ali Carney at acarney@mckonlybenefits.com.  Read on for more details.



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The federal increase in the minimum wage
takes effect on July 24. That means every employer must display a poster showing the new federal minimum wage information. For weeks now, many employers have been getting alarming notices, by mail and e-mail, telling them they must buy posters or risk heavy fines for failing to display new posters. Should you pay attention to these notices? Click "Full Article" for the requirements.
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If new equipment
is on your agenda, step back a bit before you decide that owning the gear is the way to go. There's an alternative that might fit your company's circumstances and help conserve cash. Read the "Full Article" for the benefits of leasing.
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Every time you buy something overseas,
you might be paying a tax that you can reclaim. If your company does a great deal of international business travel, here's how you can pocket a bundle by filing for a refund.
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation.

The drafter of the tax articles in this e-newsletter did not intend nor write the advice to be used to avoid any penalty imposed by a taxing authority, nor may any user/recipient of this document use this document’s written tax advice for that purpose. This document’s tax advice was written specifically to support the promotion or marketing of the transaction/matter addressed by the written tax advice. Therefore, any user/recipient of this document should seek an independent tax professional’s advice regarding the user/recipient’s particular circumstances.

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