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	<title>irobot corporation</title>
	<link>http://www.artwoo.com</link>
	<description>Returned search results for irobot corporation</description>
	<copyright>Copyright 2008</copyright>
	<pubDate>Tue, 02 Dec 2008 04:00:53 +0000</pubDate>
	<generator>http://www.artwoo.com/rss/irobot+corporation</generator>

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				<title>Roomba Vacuum Collection: The Next Generation Of</title>
		<link>http://www.artwoo.com/article/roomba-vacuum-collection-the-next-generation-of</link>
		<comments>http://www.artwoo.com/article/roomba-vacuum-collection-the-next-generation-of#comments</comments>
				<pubDate>Tue, 18 Apr 2006 02:50:04 +0000</pubDate>
		<category>robotic vacuum cleaner</category><category>roomba vacuum</category><category>irobot roomba</category><category>roomba discovery</category><category>irobot corporation</category><category>vacuum cleaners</category><category>discovery series</category>		<guid>http://www.artwoo.com/article/roomba-vacuum-collection-the-next-generation-of</guid>
		<description><![CDATA[iRobot Corporation is the brain behind the Roomba Vacuum Cleaners. Robotics enthusiasts from MIT founded the company in the early 90's. The company first introduced Roomba in 2002 as an intelligent fully automatic robotic vacuum cleaner.  The first generation of Roomba is called the Intelligent]]></description>
    <content:encoded><![CDATA[<a href="http://www.artwoo.com/tag/irobot+corporation" rel="tag">iRobot Corporation</a> is the brain behind the <a href="http://www.artwoo.com/tag/roomba+vacuum" rel="tag">Roomba Vacuum</a> Cleaners. Robotics enthusiasts from MIT founded the company in the early 90's. The company first introduced Roomba in 2002 as an intelligent fully automatic <a href="http://www.artwoo.com/tag/robotic+vacuum+cleaner" rel="tag">robotic vacuum cleaner</a>. <br /><br /> The first generation of Roomba is called the Intelligent Floorvac. The introduction took the nation by storm as expected by IRobot Corporation. It was deemed to be the very first successful commercial domestic robot to hit the U.S market. The basic features of the Roomba are launched and the era of automated cleaning begins. This first generation also included the Roomba Pro and the Roomba Pro Elite. <br /><br /> Then, the Roomba gets better with a second generation of domestic robots. The Roomba Red is metallic red giving you of an automobile-like finish. The notable difference is the Intelligent Cleaning feature. The Roomba Vacuum is now able to automatically estimate the time needed for the device to clean the entire floor it will cover. In contrast to the previous generation that has a three-button room size selector. <br /><br /> Also included in the second generation of Roomba Vacuums are the Discovery, Discovery SE and Roomba Scheduler. Now with the <a href="http://www.artwoo.com/tag/discovery+series" rel="tag">Discovery Series</a>, Roomba Vacuums have docking stations. The <a href="http://www.artwoo.com/tag/irobot+roomba" rel="tag">IRobot Roomba</a> can be kept on the docking station to have it charged while not in use. The Roomba can also automatically returns to it's docking station to recharge itself. <br /><br /> The Roomba 2.1 is generally an update to the <a href="http://www.artwoo.com/tag/roomba+discovery" rel="tag">Roomba Discovery</a> Series. Major differences are seen in this model. And it actually became the platform for the latest model in the Roomba Vacuum family, the Roomba Scheduler. Roomba 2.1 boasts better brushes, filters, improved charge circuitry for better battery life and new Software that improves Roomba's cleaning efficiency. Overall 20 enhancements to both hardware and software have been incorporated by IRobot Corporation in the Roomba 2.1.   <bio>For Roomba vacuum, Scooba mop, robot toy, robot kits and parts, please visit <a href="http://www.robotshop.ca">http://www.robotshop.ca</a> </bio>]]></content:encoded>
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				<title>Irobot Roomba Redefines Household Cleaning</title>
		<link>http://www.artwoo.com/article/irobot-roomba-redefines-household-cleaning</link>
		<comments>http://www.artwoo.com/article/irobot-roomba-redefines-household-cleaning#comments</comments>
				<pubDate>Tue, 18 Apr 2006 02:50:04 +0000</pubDate>
		<category>irobot roomba</category><category>robot intelligence</category><category>robot vacuum</category><category>robotic vacuum</category><category>vacuum models</category><category>robots</category><category>intelligence system</category>		<guid>http://www.artwoo.com/article/irobot-roomba-redefines-household-cleaning</guid>
		<description><![CDATA[Ever wondered what its like to not have to worry anymore about hurting your back as well as sneezing your brains out due to all that dust that has settled comfortably under all your furniture? Does it seem almost too good to be true? iRobot, the company who has created various miracle household]]></description>
    <content:encoded><![CDATA[Ever wondered what its like to not have to worry anymore about hurting your back as well as sneezing your brains out due to all that dust that has settled comfortably under all your furniture? Does it seem almost too good to be true? iRobot, the company who has created various miracle household robotic wonders like the <a href="http://www.artwoo.com/tag/irobot+roomba" rel="tag">iRobot Roomba</a>, who's ultimate goal is to make vacuuming a more pleasant and peaceful experience for people who simply don't have the luxury of time to be bothered by this kind of daily task, have only this to say, "Yes, it is possible." Through their iRobot Roomba <a href="http://www.artwoo.com/tag/robotic+vacuum" rel="tag">robotic vacuum</a> wonder, more and more people are now getting hooked on being able to live the "good life" as it continuously makes one of the most common and tiresome (not to mention, boring) household chores feel more "like a breeze". <br /><br /> In case you want to know more about the iRobot Roomba, here are the basic things that you need to know about iRobot Roomba, and more importantly, the Roomba technology: <br /><br /> The iRobot Roomba technology is all a highly intelligent and effective <a href="http://www.artwoo.com/tag/robot+vacuum" rel="tag">robot vacuum</a>. All the available iRobot Roomba robot <a href="http://www.artwoo.com/tag/vacuum+models" rel="tag">vacuum models</a> are equipped with the iRobot company's incredibly unique AWARE <a href="http://www.artwoo.com/tag/robot+intelligence" rel="tag">Robot Intelligence</a> Systems. This AWARE Robot <a href="http://www.artwoo.com/tag/intelligence+system" rel="tag">intelligence system</a>, which was specially developed for the iRobot Roomba floorvac models, makes use of dozens of sensors in order to be able to monitor the iRobot Roomba's environment to help this robotic marvel to adapt more to every change of pace and environment wherein the AWARE Robot Intelligence System, helps adjust the iRobot Roomba's behaviour towards its environment up to 67 times per second. This helps ensure iRobot Roomba users that their beloved cleaning machine adheres to its motto of cleaning effectively, intelligently and most importantly, safely. <br /><br /> The iRobot company has actually been able to come out with two well-developed home <a href="http://www.artwoo.com/tag/robots" rel="tag">robots</a>, the iRobot Roomba Vacuuming Robot and the iRobot Scooba Washing Robot wherein these remarkable wonders, are slowly paving the way for better and easy living for those who have the luxury of being able to discover these miracle marvels. The iRobot Roomba and the iRobot Scooba home robots will make sure that your home's cleanliness is well taken care of each and every day of your life. Now, people don't have any excuse for having untidy homes because with these iRobot inventions, the iRobot Roomba and the iRobot Scooba, a clean home is just in a touch of a button. <br /><br /> There are four available iRobot Roomba models available in the market today, suited for each person's needs and preferences. >From the entry-level iRobot Roomba Red model to the very high-end iRobot Roomba Scheduler model. Clients will be able to choose from such a wide array of models that it's impossible for them to not be able to find something that they like. Remember, the iRobot Roomba models are all very affordable and are surely worth every penny that you spend. The iRobot Roomba accessories however are optional although they may give you better mileage when it comes to your home robots. Each and every one of the iRobot Roomba models comes with a one year warranty although proper maintenance and use need to be observed in order to make sure that your iRobot Roomba will last.    <bio>For an IRobot Roomba or Scooba floor cleaner, robot toy such as lego mindstorms or robot kits, please visit <a href="http://www.robotshop.ca">http://www.robotshop.ca</a> </bio>]]></content:encoded>
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				<title>Unravel The Secrets Of Irobot Roomba Discovery</title>
		<link>http://www.artwoo.com/article/unravel-the-secrets-of-irobot-roomba-discovery</link>
		<comments>http://www.artwoo.com/article/unravel-the-secrets-of-irobot-roomba-discovery#comments</comments>
				<pubDate>Tue, 18 Apr 2006 13:50:05 +0000</pubDate>
		<category>robot vacuum</category><category>roomba discovery</category><category>irobot roomba</category><category>intelligent robot</category><category>robot parts</category><category>intelligent vacuum</category><category>vacuums</category>		<guid>http://www.artwoo.com/article/unravel-the-secrets-of-irobot-roomba-discovery</guid>
		<description><![CDATA[Do you want to change the way you clean your home? Are you tired of cleaning the hard-to-clean surfaces and hard-to-reach areas under the bed?  If you do, then, it is high time you make a change and facilitate cleaning with a breeze. With RobotShop, all your concerns and questions will be answered.]]></description>
    <content:encoded><![CDATA[Do you want to change the way you clean your home? Are you tired of cleaning the hard-to-clean surfaces and hard-to-reach areas under the bed? <br /><br /> If you do, then, it is high time you make a change and facilitate cleaning with a breeze. With RobotShop, all your concerns and questions will be answered. <br /><br /> Since their inception, robots have always been known to alleviate people from the burdens of daily chores. These remarkable devices are especially designed to perform the tasks that humans find difficult. <br /><br /> For this reason, RobotShop knows that providing solutions to life's tedious jobs is their number one concern. That is why from a long line of <a href="http://www.artwoo.com/tag/robot+vacuum" rel="tag">robot vacuum</a>s, which are designed to help people in their daily cleaning chores, iRobot <a href="http://www.artwoo.com/tag/roomba+discovery" rel="tag">Roomba Discovery</a> line was manufactured. <br /><br /> This particular line of robot <a href="http://www.artwoo.com/tag/vacuums" rel="tag">vacuums</a> is exceptionally made to change the technique that everybody is using when it comes to cleaning homes, offices, shops, etc. Built with powerful <a href="http://www.artwoo.com/tag/robot+parts" rel="tag">robot parts</a>, <a href="http://www.artwoo.com/tag/irobot+roomba" rel="tag">iRobot Roomba</a> Discovery line can absolutely deliver and accomplish the job in minutes. <br /><br /> To know more about this particular kind of robot vacuum, here are the two kinds of iRobot Roomba Discovery robot vacuums: <br /><br /> 1. iRobot Roomba Discovery <a href="http://www.artwoo.com/tag/intelligent+vacuum" rel="tag">Intelligent vacuum</a> 4210 <br /><br /> Priced at CA $374.99, this particular type of iRobot Roomba Discovery robot vacuum is an innovative device used to clean your house with perfect efficiency. <br /><br /> Built within the line of the famous Roomba Discovery inventions, iRobot Roomba Discovery <a href="http://www.artwoo.com/tag/intelligent+robot" rel="tag">Intelligent robot</a> vacuums can clean the areas without any protests. So now, you can comfortably watch television while the Roomba does its job. <br /><br /> One of the best things about this particular robot vacuum is that it has greatly improved compared to the previous line of Roomba Discovery. It is equipped with powerful sensors that can easily detect dirt, dust, and other unpleasant filth or grimes in the area. It can also self-recharge itself by using its very own home base. <br /><br /> With all these things in mind, cleaning will never be the same again. <br /><br /> 2. iRobot Roomba Discovery SE Intelligent vacuum 4220 <br /><br /> This is a special edition from the line of Roomba Discovery. And like its other siblings, the iRobot Roomba Discovery SE Intelligent has a powerful "dirt detect" sensor that augments the device's cleaning capacity. It is also equipped with the popular "Advanced Power System" that can finish all the chores in minutes. <br /><br /> Priced at $399.99, this remarkable Roomba Discovery SE can do the job more than the price calls for. <br /><br /> Best of all, it can be recharged even if it is kept mounted on the wall. This differentiates the product from its almost twin-counterpart, the iRobot Roomba Discovery Intelligent vacuum. <br /><br /> The Roomba Discovery SE can do the job without any grievances. It's like having your own housekeeper. In fact, even if you are happily playing with your kid, this particular robot vacuum does all the cleaning for you. <br /><br /> Its package comes with rechargeable batteries, charger, filters, charging wall mount, home base, Roomba remote, and virtual wall units. <br /><br /> All of these things are boiled down to the fact that when it comes to superb cleaning, there is only one thing that comes to mind - iRobot Roomba Discovery robot vacuums.   <bio>For a robot vacuum, such as the IRobot Roomba Discovery and Scheduler, Scooba cleaner or the Metapo CleanMate or Karcher RoboCleaner, and robot kits, such as the lego mindstorms, please visit <a href="http://www.robotshop.ca">http://www.robotshop.ca</a>, your one stop robot store. </bio>]]></content:encoded>
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				<title>Benefits of Panama Anonymous Corporations</title>
		<link>http://www.artwoo.com/article/benefits-of-panama-anonymous-corporations</link>
		<comments>http://www.artwoo.com/article/benefits-of-panama-anonymous-corporations#comments</comments>
				<pubDate>Thu, 03 Jul 2008 21:43:18 +0000</pubDate>
		<category>singular purpose</category><category>private interest</category><category>legal entity</category><category>tax returns</category><category>panama</category><category>corporations</category><category>assets</category>		<guid>http://www.artwoo.com/article/benefits-of-panama-anonymous-corporations</guid>
		<description><![CDATA[One of the advantages of investing in Panama is the government's provision on law for assets protection this entity has been created by the law 32 of 1927. Aside from the assets under the private interest foundation which allows the natural owner to control his assets under the name of the]]></description>
    <content:encoded><![CDATA[One of the advantages of investing in <a href="http://www.artwoo.com/tag/panama" rel="tag">Panama</a> is the government's provision on law for <a href="http://www.artwoo.com/tag/assets" rel="tag">assets</a> protection this entity has been created by the law 32 of 1927. Aside from the assets under the <a href="http://www.artwoo.com/tag/private+interest" rel="tag">private interest</a> foundation which allows the natural owner to control his assets under the name of the foundation, Panama also provides law on Panama Anonymous Corporation. In fact, Panama is the only country in the world who allows such anonymous existence of corporation for the <a href="http://www.artwoo.com/tag/singular+purpose" rel="tag">singular purpose</a> of operating through the use of actual shares of stocks instead of actual name of the natural owner. With the Panama Anonymous Corporation, the state does not generally know the owner behind the corporation aside from the fact the persons involved in the corporation have the shares.<br><br>There are various advantages for establishing Panama Anonymous <a href="http://www.artwoo.com/tag/corporations" rel="tag">Corporations</a>. One is that the natural owner will have full control of the assets of the corporations that the state or the other persons involved may not know of. The attorneys may know who the owners of the corporation are but they would not know to whom did the owner transfers the shares to. The certificate of stocks of the corporation needs not to have names of the owners or the bearer. What is carries is the number of the certificate. Second advantage is that the corporation is not subject to taxes and does not necessarily have <a href="http://www.artwoo.com/tag/tax+returns" rel="tag">tax returns</a> files in Panama. The certificate of stocks are not also limited to be in Panama but can also be carried abroad.<br><br>The Panama Anonymous Corporations can still function as a <a href="http://www.artwoo.com/tag/legal+entity" rel="tag">legal entity</a> in Panama. However, it does not require registry in the Public Office in Panama because the owners and the members of the corporation are not necessarily recorded and can even be transferred easily. What the corporation needs to do is to contact an attorney that will legalize the operation by identifying the members and the directors. However, among the names and directors, the attorney cannot identify who is the real owner of the Panama anonymous corporation.<br><br>As a legal entity, the Panama anonymous corporation can own a property from locations that it chose worldwide. If the corporation wishes to sell, it just has to transfer the corporation's share together with bills signed by the directors of the corporation stating the sale made. Aside from properties, the Panama anonymous corporation can also acquire other assets like cars, equipments, jewelry, and can even own bank account, all without revealing the real names of the natural owners. This way, there is high protection of assets under the anonymous name. But the transactions can be monitored by the attorneys. The required signatories should bear a name which the attorneys will know but will not be revealed if it the natural owner of the corporation. In essence, the Panama anonymous corporation is controlled by the anonymous owner. But the transactions and operations can be assisted by attorneys who ensure that the transactions are legal and valid. A strong communication of the nominated person of the corporation and the attorney is required to make the operation of the corporation possible.<bio>About the Author: Laurie Cooper, of Cpanama Real Estate Corp., is an expert on <a href="http://www.cpanama.com/">Panama real estate</a>. For more information, please visit <a href="http://www.cpanama.com/">http://www.cpanama.com</a>.</bio>]]></content:encoded>
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				<title>The Difference In The Many Incorporation Entities</title>
		<link>http://www.artwoo.com/article/the-difference-in-the-many-incorporation-entities</link>
		<comments>http://www.artwoo.com/article/the-difference-in-the-many-incorporation-entities#comments</comments>
				<pubDate>Mon, 21 May 2007 17:24:58 +0000</pubDate>
		<category>becoming incorporated</category><category>sole proprietorship</category><category>business entities</category><category>limited liability company</category><category>this means that</category><category>doing business</category><category>sign contracts</category>		<guid>http://www.artwoo.com/article/the-difference-in-the-many-incorporation-entities</guid>
		<description><![CDATA[ Becoming incorporated is not all that complicated. There are 4 business entities that you can choose from. If you know the difference in the 4 of them, then you should not have any problems knowing which one is for you. However, here is a run down on the entities and what they are.  Doing Business]]></description>
    <content:encoded><![CDATA[ <a href="http://www.artwoo.com/tag/becoming+incorporated" rel="tag">Becoming incorporated</a> is not all that complicated. There are 4 <a href="http://www.artwoo.com/tag/business+entities" rel="tag">business entities</a> that you can choose from. If you know the difference in the 4 of them, then you should not have any problems knowing which one is for you. However, here is a run down on the entities and what they are. <br /><br /> <a href="http://www.artwoo.com/tag/doing+business" rel="tag">Doing Business</a> As is a business entity, and also is sometimes called a <a href="http://www.artwoo.com/tag/sole+proprietorship" rel="tag">sole proprietorship</a>, or even a fictitious name. When you have a Doing Business As entity, <a href="http://www.artwoo.com/tag/this+means+that" rel="tag">this means that</a> this business is not separate from you. You the owner are personally responsible for all debt, law suits, and income that comes from this entity. When there is more than one person involved in the DBA entity, that person is also legally liable, and the entity is then known as a partnership. <br /><br /> Regular Corporation is also a type of entity that you may be considering. When you have a corporation, the owners are not personally responsible for any of the company's debt. The regular corporation can purchase real estate, <a href="http://www.artwoo.com/tag/sign+contracts" rel="tag">sign contracts</a>, and can handle its own legal matters apart from the owners. <br /><br /> S Corporation is a entity that a corporation can form after becoming incorporated. With this status, the taxes are then changes so that it is taxed as if it were a sole proprietorship or partnership instead of a corporation. <br /><br /> LLC also known as <a href="http://www.artwoo.com/tag/limited+liability+company" rel="tag">Limited Liability Company</a> is an entity that is generally the easiest and cheapest to obtain. It also provides protection for the owners, in the even that the LLC obtained debt, or were to be sued. <br /><br /> While becoming incorporated can be quite confusing to someone that has never owned a company before, it is all quite simple. If you are considering becoming incorporated, just be sure that you know how many people will be in it with you, what name you would like to operate under, and then you can choose which entity is best for you and your business.   <bio>Find out more about Many Incorporation Entities at <a href="http://www.llc-explained.com" >http://www.llc-explained.com</a>  </bio>]]></content:encoded>
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				<title>Should You Incorporate Your Business?</title>
		<link>http://www.artwoo.com/article/should-you-incorporate-your-business</link>
		<comments>http://www.artwoo.com/article/should-you-incorporate-your-business#comments</comments>
				<pubDate>Fri, 07 Dec 2007 15:29:59 +0000</pubDate>
		<category>federal tax id</category><category>social security number</category><category>personal assets</category><category>financial entity</category><category>illegal acts</category><category>applicable statutes</category><category>corporate purposes</category>		<guid>http://www.artwoo.com/article/should-you-incorporate-your-business</guid>
		<description><![CDATA[ A common question among people starting a business whether or not they should incorporate. Incorporation means that your company is a separate legal and financial entity from yourself. Legally a corporation is treated as a citizen. It even has its own social security number for tax purposes,]]></description>
    <content:encoded><![CDATA[ A common question among people starting a business whether or not they should incorporate. Incorporation means that your company is a separate legal and <a href="http://www.artwoo.com/tag/financial+entity" rel="tag">financial entity</a> from yourself. Legally a corporation is treated as a citizen. It even has its own <a href="http://www.artwoo.com/tag/social+security+number" rel="tag">social security number</a> for tax purposes, called a <a href="http://www.artwoo.com/tag/federal+tax+id" rel="tag">Federal Tax ID</a>. <br /><br /> Most people incorporate to limit their personal liability so that they shield their <a href="http://www.artwoo.com/tag/personal+assets" rel="tag">personal assets</a>. For instance, if your incorporated business was sued and found liable for damages, the winner could not take your personal car or home. Furthermore, incorporating creates a more professional image, and often helps with your taxes. If you plan to receive outside investment to grow your business corporation is the way to go. Incorporation protects you in many regards, but it does not protect you from any criminal charges by you or the corporation. You can't hide behind your corporation to commit <a href="http://www.artwoo.com/tag/illegal+acts" rel="tag">illegal acts</a> and expect to be free from liability. <br /><br /> By investing cash or other property in your corporation you become an owner of an interest. In exchange for your personal investment you are issued stock in the corporation. A person with that ownership interest is called a stockholder or shareholder. Once you become a shareholder your liability is normally limited to the value of the cash or other property you have contributed to the corporation in exchange for stock. <br /><br /> As a general rule, the shareholder's assets not invested in the corporation are safe from the corporation's creditors. A shareholder may become personally liable for corporate debts if the corporation is not formed in compliance with or it operates in violation of <a href="http://www.artwoo.com/tag/applicable+statutes" rel="tag">applicable statutes</a>, or if the corporation is functioning as a mere front for its shareholders rather than for <a href="http://www.artwoo.com/tag/corporate+purposes" rel="tag">corporate purposes</a>. In other words, if you are simply creating a corporation to avoid liability, may become personally liable. <br /><br /> Under certain circumstances, corporate officers may be held personally liable for the corporation's failure to pay state and federal income tax withholdings. Additionally, a shareholder may be required to personally guarantee a loan of the corporation in order to satisfy a lender. If a shareholder does so, his liability is no longer limited to the value of his investment in the corporation. <br /><br /> The business affairs of your corporation are managed by the board of directors and officers. The directors are elected by the shareholders. For this reason, while shareholders have the ultimate control of a corporation because of their stock ownership, the every day management lies with the board of directors through its officers. In small corporations the shareholders, directors and officers are often the same persons.   <bio>George Meszaros with Webene <a href="http://www.webene.com" >http://www.webene.com</a>  </bio>]]></content:encoded>
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				<title>Robot Vacuums: The Modern Way Of Cleaning</title>
		<link>http://www.artwoo.com/article/robot-vacuums-the-modern-way-of-cleaning</link>
		<comments>http://www.artwoo.com/article/robot-vacuums-the-modern-way-of-cleaning#comments</comments>
				<pubDate>Wed, 19 Apr 2006 06:50:05 +0000</pubDate>
		<category>irobot roomba</category><category>robot</category><category>vacuums</category><category>domestic robots</category><category>tedious work</category><category>robotics</category><category>remarkable</category>		<guid>http://www.artwoo.com/article/robot-vacuums-the-modern-way-of-cleaning</guid>
		<description><![CDATA[Contrary to most popular beliefs, the concept of robotics is not exactly a new form of technology. According to history, robots have been on the market for so many years now. In fact, the very first documented construction of a working robot was a masterpiece of Jacques de Vaucanson in 1738. Since]]></description>
    <content:encoded><![CDATA[Contrary to most popular beliefs, the concept of <a href="http://www.artwoo.com/tag/robot" rel="tag">robot</a>ics is not exactly a new form of technology. According to history, robots have been on the market for so many years now. In fact, the very first documented construction of a working robot was a masterpiece of Jacques de Vaucanson in 1738. Since then, many have attempted and triumphed in building these <a href="http://www.artwoo.com/tag/remarkable" rel="tag">remarkable</a> mechanical devices. <br /><br /> At RobotShop, you can find almost every kind of robot that you have long wanted. Along with its long line of <a href="http://www.artwoo.com/tag/robotics" rel="tag">robotics</a>, the robot <a href="http://www.artwoo.com/tag/vacuums" rel="tag">vacuums</a> come close to perfection as far as freedom from <a href="http://www.artwoo.com/tag/tedious+work" rel="tag">tedious work</a> is concerned. <br /><br /> Of the many functions of robots, the idea to provide people with machines that facilitates and helps lighten the burden of their daily chores is the most solid reason why robots are created. That's why manufacturers all over the world know the importance of producing robots to meet the needs of household makers, among other markets. <a href="http://www.artwoo.com/tag/domestic+robots" rel="tag">Domestic robots</a> are now gaining their own followers. They have been able to help housekeepers worldwide because of their efficient and speedy way of getting the job done. <br /><br /> Robot vacuums are not necessarily reserved to residential use only. They can also be used in shops, offices, school, etc. Built with unmatched power as far as cleaning is concerned, robot vacuums can absolutely make a huge difference in the way people utilize their time in cleaning. <br /><br /> One of the best things about robot vacuums is that they can absolutely clean places that are hard to reach. They have built-in sensors that can warn the robot of its current position and make sure that the robot will not trip over ledges or stairs. <br /><br /> At RobotShop, consumers can choose from a wide variety of robot vacuums, each design has its own remarkable functions. <br /><br /> On top of the list is the powerful line of <a href="http://www.artwoo.com/tag/irobot+roomba" rel="tag">iRobot Roomba</a> Robot Vacuums. These robot vacuums are specifically built to deliver utmost productivity when it comes to cleaning. In fact, according to statistical reports, iRobot Robot Vacuums Roomba line are the top selling robot vacuums worlwide. Prices range from CAD $250 to CAD $440. <br /><br /> Next is the Karcher RC 3000 Robocleaner. This particular type can actually operate and do the tasks on its own. For instance, if its battery needs to recharge, or when the dustpan is already full, this robot vacuum will find its own way to the docking station. Here, the robot vacuum will also unload its dirt and dust into a 2.0 L vacuum bag. <br /><br /> You can also check out Metapo CleanMate personal cleaning robot. Like any robot vacuum, CleanMate is specially designed to alleviate people from the difficulties of daily cleaning. It is very versatile and can almost clean any kind of surface, from carpet to hard-to-clean surfaces like tiles and hardwood. Best of all, CleanMate is the only robot vacuum that can simultaneously do the cleaning, deodorizing, and sanitizing of the area. <br /><br /> Given all these facts, it can be clearly stated that the dawn of modern cleaning is at hand. With robot vacuums, people can start living a life free from the bondage of cleaning. With domestic robots, you can have more time with your family and do things that are of greater importance than holding a mop.   <bio>For some robot vacuums, such as the IRobot Roomba vacuum, Scooba floor cleaner or Karcher RoboCleaner, robot mowers and robot construction kits, such as the lego mindstorms, please visit <a href="http://www.robotshop.ca">http://www.robotshop.ca</a>, your one stop robot store. </bio>]]></content:encoded>
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				<title>Why Opt For A Limited Liability Company?</title>
		<link>http://www.artwoo.com/article/why-opt-for-a-limited-liability-company</link>
		<comments>http://www.artwoo.com/article/why-opt-for-a-limited-liability-company#comments</comments>
				<pubDate>Thu, 15 Jun 2006 18:32:09 +0000</pubDate>
		<category>limited liability company</category><category>sole proprietorship</category><category>single proprietorship</category><category>bad faith</category><category>partnership</category><category>apparently</category><category>corporation members</category>		<guid>http://www.artwoo.com/article/why-opt-for-a-limited-liability-company</guid>
		<description><![CDATA[ Entrepreneurs must already choose the legal structure of their business even before they start such venture, if only to make sure that they now the risks and the advantages involved in starting that kind of business. Business owners can choose to put up a sole or single proprietorship, enter into]]></description>
    <content:encoded><![CDATA[ Entrepreneurs must already choose the legal structure of their business even before they start such venture, if only to make sure that they now the risks and the advantages involved in starting that kind of business. Business owners can choose to put up a sole or <a href="http://www.artwoo.com/tag/single+proprietorship" rel="tag">single proprietorship</a>, enter into a <a href="http://www.artwoo.com/tag/partnership" rel="tag">partnership</a> or form a corporation. <br /><br /> Each of the three legal structures has its own advantages and disadvantages. A <a href="http://www.artwoo.com/tag/sole+proprietorship" rel="tag">sole proprietorship</a> is the easiest type of business to put up and operate because only one person is responsible for decision making and for running the business. However, being alone in business means you are solely responsible for whatever happens to you business and you only have to rely on your own capital and resources. <br /><br /> A partnership is better considering that two or more heads are always better than one. A partnership offers more possibility in terms of capital base and of brain power. However, partnerships do not always work due to conflicting business decisions. <br /><br /> The next if not the best option is to form a corporation which would be composed of incorporators who will put up the seed capital for the business. A corporation can provide more sources of funds and the owners are only liable to as much as the money they have invested in the business. Provided of course that the corporation does not indulge in illegalities or does things in <a href="http://www.artwoo.com/tag/bad+faith" rel="tag">bad faith</a>. Doing so would necessitate the application of the principle of piercing the veil of corporate fiction. This means that the owners can be made accountable even beyond the amount of their investments if they are found to be in bad faith in certain transactions. <br /><br /> While the corporation has proven to be the best option for business owner, there is <a href="http://www.artwoo.com/tag/apparently" rel="tag">apparently</a> another option called the <a href="http://www.artwoo.com/tag/limited+liability+company" rel="tag">Limited Liability Company</a> which offers the characteristics of both partnership and corporation. Members of a Limited Liability Company can enjoy the limited liability enjoyed by corporations unless a personal guarantee has been signed. This legal structure also offers tax benefits much like the benefits available to corporations. <br /><br /> A Limited Liability Company does not however require the bureaucracy of a corporation in terms of the taking of minutes. And unlike in a partnership where the partners can only participate in decision-making depending on their partnership status, members of a Limited liability Company can take part in decision making without losing their limited liability protection. <br /><br /> However, while a corporation can last for 50 years renewable for another period, a Limited Liability Company can be easily disbanded particularly when a member dies or becomes bankrupt. It is also more feasible to form a corporation if there are plans to do a public offering. <br /><br /> Despite the disadvantages of forming a Limited Liability Company, it is still the best choice for business start ups that are still testing the waters but already want to give their business a legal structure.   <bio>The author frequently writes for LLC Your Business <a href="http://www.llcyourbusiness.com">http://www.llcyourbusiness.com</a> where additional information about business and LLC resources is freely available. </bio>]]></content:encoded>
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				<title>5 Steps To Setting Up A LLC Corporation</title>
		<link>http://www.artwoo.com/article/5-steps-to-setting-up-a-llc-corporation</link>
		<comments>http://www.artwoo.com/article/5-steps-to-setting-up-a-llc-corporation#comments</comments>
				<pubDate>Fri, 15 Feb 2008 11:35:00 +0000</pubDate>
		<category>tax id number</category><category>necessary paperwork</category><category>forming a llc</category><category>pretty penny</category><category>business attorney</category><category>business license</category><category>mail</category>		<guid>http://www.artwoo.com/article/5-steps-to-setting-up-a-llc-corporation</guid>
		<description><![CDATA[ The process of setting up a LLC corporation is not that difficult. If you have all ready decided what your business will consist of, and just need to take the necessary steps of making it legal then you are almost there! There are only a few steps left to go and below you will find each one laid]]></description>
    <content:encoded><![CDATA[ The process of setting up a LLC corporation is not that difficult. If you have all ready decided what your business will consist of, and just need to take the necessary steps of making it legal then you are almost there! There are only a few steps left to go and below you will find each one laid out in detail for you. <br /><br /> Business Name =96 Choosing the name of your LLC Corporation is important. Make sure that the name is relevant to the line of business you are opening, and also that it is available. <br /><br /> Paperwork =96 Be sure that you fill out the <a href="http://www.artwoo.com/tag/necessary+paperwork" rel="tag">necessary paperwork</a> that you need to file in order to become a LLC corporation. If you are unsure of what forms to use, or just in general how to go about completing the required paperwork, you can hire a <a href="http://www.artwoo.com/tag/business+attorney" rel="tag">business attorney</a> that will get this done for you. While you might end up paying a <a href="http://www.artwoo.com/tag/pretty+penny" rel="tag">pretty penny</a> if you hire an attorney, it may be worth it to you if want to make sure that the paperwork is filled out and filed correctly. <br /><br /> <a href="http://www.artwoo.com/tag/business+license" rel="tag">Business License</a> =96 Once you have completed the first two steps, you will be ready to start looking for your business license to come in the <a href="http://www.artwoo.com/tag/mail" rel="tag">mail</a>. Once approved by the state, they will mail your license out to you. <br /><br /> Tax ID- While you are waiting for your LLC corporation license to come in the mail, you can call the IRS and go ahead and get your <a href="http://www.artwoo.com/tag/tax+id+number" rel="tag">Tax ID number</a> for your new LLC over the phone. <br /><br /> Last Step- Once you have your license in the mail, and your tax ID number and papers from the IRS, you will want to file all of this paperwork in a safe place. Now, you are ready for business! <br /><br /> 4 Tips to LLC Formation <br /><br /> So you think you have made up your mind that a LLC formation is what you want and need for your business. Becoming an LLC is a huge and exciting step for someone that is just starting out in the business world. It means that you can actually operate legally, and be covered as a business in most every aspect. There are just a few things that you should know about <a href="http://www.artwoo.com/tag/forming+a+llc" rel="tag">forming a LLC</a>, and they are listed below for you. <br /><br /> First Step- The first step you need to make in LLC formation is actually deciding on what kind of business you are going to have. Will you sell a service? Will you design and sell a product? Taking that first step is a big one, and usually the start up cost of the business is the largest factor when making this decision. <br /><br /> Step Two- Running the LLC. You will need to decide who and how the LLC formation will be ran. Will you run the business yourself? Who will own the LLC? Will you rent office space or run it from your home? Making these decisions will have a huge impact on your business, and they should not be put on the back burner. <br /><br /> Step three- Now that you have these first two specifications lined out for your LLC formation, you are ready to actually get the paperwork done. This step is one that you can do yourself online, or you can have someone do it for you. Whichever you choose. <br /><br /> Step four- Once you have filed the paperwork with the secretary of your state, you are ready to go! All you need now is a Tax ID number for your new LLC formation and the license that the secretary of the state will send you in the mail.   <bio>Find more information about LLC Corporation at <a href="http://www.llc-explained.com" >http://www.llc-explained.com</a>.  </bio>]]></content:encoded>
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				<title>A Review of the Specialty Merchandise Corporation Income Opportunity</title>
		<link>http://www.artwoo.com/article/a-review-of-the-specialty-merchandise-corporation-income-opportunity</link>
		<comments>http://www.artwoo.com/article/a-review-of-the-specialty-merchandise-corporation-income-opportunity#comments</comments>
				<pubDate>Thu, 02 Oct 2008 05:50:40 +0000</pubDate>
		<category>rock bottom prices</category><category>one of a kind gifts</category><category>specialty merchandise corporation</category><category>wind chimes</category><category>cool gifts</category><category>sail boat</category><category>income opportunity</category>		<guid>http://www.artwoo.com/article/a-review-of-the-specialty-merchandise-corporation-income-opportunity</guid>
		<description><![CDATA[The Specialty Merchandise Corporation income opportunity is fantastic. Do you have a store or a business where you sell products? You might want to think about becoming a member of the Specialty Merchandise Corporation. You can make a lot of money buying from them.If you are a business owner and]]></description>
    <content:encoded><![CDATA[The <a href="http://www.artwoo.com/tag/specialty+merchandise+corporation" rel="tag">Specialty Merchandise Corporation</a> <a href="http://www.artwoo.com/tag/income+opportunity" rel="tag">income opportunity</a> is fantastic. Do you have a store or a business where you sell products? You might want to think about becoming a member of the Specialty Merchandise Corporation. You can make a lot of money buying from them.<br><br>If you are a business owner and you have your own shop selling merchandise and <a href="http://www.artwoo.com/tag/cool+gifts" rel="tag">cool gifts</a>, then you should look at the opportunity of Specialty Merchandise. You can purchase the merchandise far below most distributors' prices. This gives you the opportunity to make a profit substantially more than what you normally do. <br><br>Most distributors offer only a 40% discount for the merchandise that you buy. You can purchase from this company at almost 75% from the price. This gives you the opportunity to put whatever sale price you want on the merchandise and still make a profit.<br> <br> That is what is so great about these products is that you are not forced to sell the merchandise at prices too high to sell. Some companies give such a low discounted price for you to purchase that your profits are minimal to null. This can be frustrating, especially if the merchandise is a big seller.<br><br>Specialty Merchandise Corporation doesn't allow just anyone to purchase. You must be a member of the company to be able to take advantage of the opportunity. As a member, you get the benefits. If you choose to sell your products as low as you can buy them to other people, then that is your choice. But, not just anyone can purchase from the company without a membership. No one can.<br><br>The products offered from Specialty Merchandise Corporation are unique and fun. You won't find these products anywhere else at better prices. These are <a href="http://www.artwoo.com/tag/one+of+a+kind+gifts" rel="tag">one of a kind gifts</a> that people will come to your shop specifically to buy. Some of the products might include a <a href="http://www.artwoo.com/tag/sail+boat" rel="tag">sail boat</a> lamp, a dragon, patchwork blankets, <a href="http://www.artwoo.com/tag/wind+chimes" rel="tag">wind chimes</a>, and more. <br><br>When you become a member, you will have access to all of the <a href="http://www.artwoo.com/tag/rock+bottom+prices" rel="tag">rock bottom prices</a> of everything that is offered through Specialty Merchandise Corporation. You will also receive manuals about making money and DVDs that will guide you in getting started. You will get all of the catalogs with all of the products offered that you can choose to sell in your store. There are no minimum purchases and you can choose to stock whichever products you desire. <br><br>You will also receive special savings on merchant accounts that allow you to accept credit cards for orders. As a member of Specialty Merchandise Corporation, you also can take advantage of automated shipping of orders. There is also a 30-day money back guarantee of satisfaction on products. So if you are not happy with something, they will allow you to return it. This is not common when you receive discounts this big with companies and an excellent benefit.<br><br>The Specialty Merchandise Corporation is an excellent distributor or products that you will make a lot of money selling in your store. You should become a member today and take advantage of all of the benefits offered. You might begin buying from only their company and see your profits triple quickly.<bio>You can read our Unbiased, expert review of <a href="http://www.MLMreviewKings.com/specialtymerchandisecorporation.html">Specialty Merchandise Corporation</a> from Brian Garvin and Jeff West at <a href="http://www.MLMreviewKings.com">MLM Review Kings</a>. This article may be used royalty free provided bio and links remain intact.</bio>]]></content:encoded>
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				<title>Benefits To Incorporating A Business Today</title>
		<link>http://www.artwoo.com/article/benefits-to-incorporating-a-business-today</link>
		<comments>http://www.artwoo.com/article/benefits-to-incorporating-a-business-today#comments</comments>
				<pubDate>Tue, 11 Sep 2007 21:19:59 +0000</pubDate>
		<category>personal assets</category><category>bankruptcy assets</category><category>certificate of incorporation</category><category>articles of incorporation</category><category>transfer ownership</category><category>creditors</category><category>lawsuits</category>		<guid>http://www.artwoo.com/article/benefits-to-incorporating-a-business-today</guid>
		<description><![CDATA[ Incorporating is the standard for many in business today because of the level of protection it provides in protecting your personal assets against the claims of creditors and lawsuits.  Starting a corporation involves filing the Articles of Incorporation (also called a Charter, Certificate of]]></description>
    <content:encoded><![CDATA[ Incorporating is the standard for many in business today because of the level of protection it provides in protecting your <a href="http://www.artwoo.com/tag/personal+assets" rel="tag">personal assets</a> against the claims of <a href="http://www.artwoo.com/tag/creditors" rel="tag">creditors</a> and <a href="http://www.artwoo.com/tag/lawsuits" rel="tag">lawsuits</a>. <br /><br /> Starting a corporation involves filing the <a href="http://www.artwoo.com/tag/articles+of+incorporation" rel="tag">Articles of Incorporation</a> (also called a Charter, <a href="http://www.artwoo.com/tag/certificate+of+incorporation" rel="tag">Certificate of Incorporation</a>), listing the purpose of the corporation, its principal place of business and the number and type of shares of stock. <br /><br /> It's important to carefully consider the type of business entity that is right for you. You may feel an LLC is more suitable for you because it is often a more flexible form of ownership, especially suitable for smaller companies with a limited number of owners. <br /><br /> Yet there are important legal benefits to incorporating your business. The primary benefit is the safeguarding of personal assets against the claims of creditors and lawsuits. Individual proprietors and general partners are personally and jointly responsible for all the liabilities of a business such as loans, accounts payable and legal judgments. <br /><br /> In a corporation, however, stockholders, directors and officers typically are not liable for their company's debts and obligations. If one is personally involved in a lawsuit or bankruptcy, assets such as boats, cars and houses may be protected. <br /><br /> You can also easily <a href="http://www.artwoo.com/tag/transfer+ownership" rel="tag">transfer ownership</a> of a business to someone else, either in whole or in part depending on the state. For instance, a person with a Delaware Corporation can transfer ownership of a corporation and not be required to file or record the transfer. <br /><br /> Another factor that makes incorporating a good decision is taxation. In the United States, corporations are taxed at a lower rate than individuals. In addition to the lower tax rates there are no limits on the amount of losses a corporation may carry forward to subsequent tax years. <br /><br /> Also corporations have the ability to raise funds through the sale of its own stock. You can raise capital from investors for your corporation easily through the sale of your stock. This can be crucial for expanding and developing a business.<br /><br /><br /><br /> Forming a corporation can also mean durability. Its existence is not affected by the death or absence of shareholders, directors, or officers of the corporation. In essence your corporation can exist indefinitely. <br /><br /> A corporation also has the ability to establish its own credit rating. Regardless of an owner's personal credit scores, corporations acquire their own credit rating, and build a separate credit history by applying for and using corporate credit. <br /><br /> Incorporating can be accomplished easily today in a number of ways. There are online resources where you can download incorporation forms or have a legal service complete the application process for you. <br /><br /> Ultimately you need to determine what your business goals are and decide if forming a corporation will work for you. Incorporating today has become a crucial step for many new business owners seeking to protect themselves and their business.   <bio>To learn more about forming and LLC or Incorporating your Business go to <a href="http://www.legaldocumentfinder.com" >http://www.legaldocumentfinder.com</a>. Kennard McGill is an online publisher and writes articles on numerous topics.  </bio>]]></content:encoded>
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				<title>Frequently Asked Questions About Articles Of Incorporation</title>
		<link>http://www.artwoo.com/article/frequently-asked-questions-about-articles-of-incorporation</link>
		<comments>http://www.artwoo.com/article/frequently-asked-questions-about-articles-of-incorporation#comments</comments>
				<pubDate>Wed, 26 Jul 2006 00:27:11 +0000</pubDate>
		<category>articles of incorporation</category><category>mail</category><category>secretary of state</category><category>legal business name</category><category>incorporate</category><category>organization certificate</category><category>conduct business</category>		<guid>http://www.artwoo.com/article/frequently-asked-questions-about-articles-of-incorporation</guid>
		<description><![CDATA[What are Articles of Incorporation?  Articles of incorporation are needed when a business decides to incorporate. Articles of incorporation are a set of rules that determines how a corporation should be managed and they are filed with the government in your area. In order for a business to become a]]></description>
    <content:encoded><![CDATA[What are <a href="http://www.artwoo.com/tag/articles+of+incorporation" rel="tag">Articles of Incorporation</a>? <br /><br /> Articles of incorporation are needed when a business decides to <a href="http://www.artwoo.com/tag/incorporate" rel="tag">incorporate</a>. Articles of incorporation are a set of rules that determines how a corporation should be managed and they are filed with the government in your area. In order for a business to become a corporation, the Articles of Incorporation must be filed with the appropriate agency. It is important to know that in, they may not be called Articles of incorporation in your area. They may also be referred to as Certificate of Organization, Certificate of Formation or Certificate of Organization. <br /><br /> Where do I file the Articles of Incorporation? <br /><br /> Articles of Incorporation must be filed with the government in the area in which you intend to incorporate. Typically the forms are filed with the <a href="http://www.artwoo.com/tag/secretary+of+state" rel="tag">Secretary of State</a>. However, if approved you may use another regulatory agency or company. There will be a fee associated with filing Articles of Incorporation and this will vary depending on where you live. <br /><br /> The forms needed to file the Articles of Incorporation should be readily available to you from a variety of venues. You can obtain them by printing them on your computer from the web site of the Secretary of State. You can also obtain the forms needed by writing to or calling your Secretary of State and asking them to <a href="http://www.artwoo.com/tag/mail" rel="tag">mail</a> the form. <br /><br /> What information is contained on the Articles of Incorporation? <br /><br /> There is a variety of information that is required when you file the Articles of Incorporation. These are the basics in all areas. However, your local government may require additional information. It is important that you conduct full research on what your area may require. <br /><br /> The first piece of information to be listed on the Articles of Incorporation includes the name of the corporation. This will be the <a href="http://www.artwoo.com/tag/legal+business+name" rel="tag">legal business name</a> under which the corporation will <a href="http://www.artwoo.com/tag/conduct+business" rel="tag">conduct business</a>. This should include any designators at the end such as Inc. or Corp. <br /><br /> You will also be required to determine the purpose of your corporation as stated by the government in your area. The name and address of the person responsible for accepting any legal notices in regards to the business named, such as an attorney. <br /><br /> Another piece of information that is required on the Articles of Incorporation includes the number of shares the business is allowed to issue. The type of business the corporation is conducting will determine the amount of shares issued and how many people can hold them. <br /><br /> The final requirement for the Articles of Incorporation are the signatures. This should be of the incorporator or any directors along with the addresses of all signatories. <br /><br /> Other requirements that may be required in your specific area could include the duration of the corporation, if the corporation will have preemptive right or cumulative voting and if the business will offer various classes of their stock shares. It is important that you research all areas of the Articles of Incorporation and understand what is required and what additional items may be added to your filing.   <bio>This article is Copyright © 2006, Heather Colman. Find more articles of incorporation resources at: <a href="http://www.articles-of-incorporation-centre.info" >http://www.articles-of-incorporation-centre.info</a> </bio>]]></content:encoded>
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				<title>What Come After Business Incorporation</title>
		<link>http://www.artwoo.com/article/what-come-after-business-incorporation</link>
		<comments>http://www.artwoo.com/article/what-come-after-business-incorporation#comments</comments>
				<pubDate>Thu, 24 Aug 2006 22:27:16 +0000</pubDate>
		<category>business incorporation</category><category>corporate seal</category><category>incorporation application</category><category>incorporating your business</category><category>stock ledger</category><category>stock transfer</category><category>stockholders</category>		<guid>http://www.artwoo.com/article/what-come-after-business-incorporation</guid>
		<description><![CDATA[After you have completed the business incorporation process, don't expect that your work is done. Actually, the real work is just starting. Being a corporation means that you are not the center of the business anymore. You have your partners, stockholders, and shareholders to think about. In]]></description>
    <content:encoded><![CDATA[After you have completed the <a href="http://www.artwoo.com/tag/business+incorporation" rel="tag">business incorporation</a> process, don't expect that your work is done. Actually, the real work is just starting. Being a corporation means that you are not the center of the business anymore. You have your partners, <a href="http://www.artwoo.com/tag/stockholders" rel="tag">stockholders</a>, and shareholders to think about. In addition, you have to continue providing service to your clients without a dip in quality. But your first order of business after the business incorporation process is producing your corporate kit. <br /><br /> Corporate kits are essential for a start-up incorporated business. These kits contain every legal papers documenting the entire business incorporation event. These will keep the necessary records that will facilitate the distribution of stocks. The kit may also be used to keep track of the shareholders and the value of their assets. However, a standard corporate kit only include six items: your <a href="http://www.artwoo.com/tag/corporate+seal" rel="tag">corporate seal</a>, certificates of stock, ledger of <a href="http://www.artwoo.com/tag/stock+transfer" rel="tag">stock transfer</a>, by-laws and sample minutes, minute binder, and other miscellaneous forms. <br /><br /> Business incorporation requires that every transaction of a stockholder or the management must be approved by the entire corporation. The corporate seal affixed on the document guarantees that the deal is legally approved. The seal is in the form of a portable press where documents are affixed or imprinted with the corporation seal. The seal imprint shows the corporation name, the approval date of the <a href="http://www.artwoo.com/tag/incorporation+application" rel="tag">incorporation application</a>, and the state where the business is incorporated. Years back, all states required corporate seals. Today, only a few keeps the corporate seal requirements. But even so, corporate seal imprints lend business documents power or authority. <br /><br /> Of course, in <a href="http://www.artwoo.com/tag/incorporating+your+business" rel="tag">incorporating your business</a>, you are accepting the multiple system of ownership that comes with it. The business incorporation process requires you to divide the ownership of the business among yourself and your stockholders. Certificates of stocks ownership are issued to every stockholders with information about their part in the corporation. These certificates indicate the value of a stockholder's share in the business. <br /><br /> The value of a stockholder's stock determines his power within the corporation. Why? Because corporations can crash if major stockholders pull out their shares or investments. This is why it is important to keep track of the shares of each stockholder. Deals between the stockholders can also affect the corporation and must be closely monitored. These changes and deals are recorded in a ledger of stock transfer. For example, a major stockholder buys the shares of a minor partner to increase his value in the corporation. The details of this deal, like the issuance date, certificate numbers, and the stockholders involved in the trade, are all recorded for reference. These will come in handy if a need for business incorporation renewal should arise. <br /><br /> In accordance with business incorporation policies, the by-laws will dictate all the regulations concerning the corporation. It will cover policies from the organizational structure to the most trivial rule. Minutes and results of meetings and conferences are recorded in the minutes binder to establish the validity of each corporation decision. Business incorporation is all about working and managing a business with other people. However, as with all situations that deal with investments and money, lines must be kept straight.  <bio>To know more about business incorporation, checkout <a href="http://www.incorporation-service.net" >http://www.incorporation-service.net</a> </bio>]]></content:encoded>
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				<title>Taxes, Trademark Issues, And Corporations</title>
		<link>http://www.artwoo.com/article/taxes-trademark-issues-and-corporations</link>
		<comments>http://www.artwoo.com/article/taxes-trademark-issues-and-corporations#comments</comments>
				<pubDate>Sat, 01 Dec 2007 10:10:01 +0000</pubDate>
		<category>income tax purposes</category><category>federal income tax</category><category>trademark search</category><category>profit sharing plan</category><category>shareholders</category><category>ae</category><category>domain name</category>		<guid>http://www.artwoo.com/article/taxes-trademark-issues-and-corporations</guid>
		<description><![CDATA[ Corporations may enjoy certain tax advantages. Due to the complexities involved, you should consult an experienced CPA or tax attorney for details. The corporation can adopt a pension or profit-sharing plan for the benefit of the employees. If certain requirements are met, contributions of cash or]]></description>
    <content:encoded><![CDATA[ Corporations may enjoy certain tax advantages. Due to the complexities involved, you should consult an experienced CPA or tax attorney for details. The corporation can adopt a pension or profit-sharing plan for the benefit of the employees. If certain requirements are met, contributions of cash or other property by a corporation to such a plan will be deductible by the corporation for federal <a href="http://www.artwoo.com/tag/income+tax+purposes" rel="tag">income tax purposes</a>. <br /><br /> The corporation pays income tax on the profits that were not distributed to the <a href="http://www.artwoo.com/tag/shareholders" rel="tag">shareholders</a> as salary or in some other form deductible by the corporation for <a href="http://www.artwoo.com/tag/federal+income+tax" rel="tag">federal income tax</a> purposes. The shareholders are required to pay a tax on dividends. <br /><br /> A trademark is a word, phrase, symbol or design, or combination of words, phrases, symbols or designs, which identifies and distinguishes the source of particular goods. By and large, a mark for goods appears on the product or its packaging. A "tm" on a product indicates unregistered trademark rights, and an "=<a href="http://www.artwoo.com/tag/ae" rel="tag">AE</a>" indicates a registered trademark. It is unlawful to place an "=AE" on a mark that does not have national registration. <br /><br /> As your <a href="http://www.artwoo.com/tag/domain+name" rel="tag">domain name</a> can become a highly valuable business asset, you should think in terms of trademark registration. Don't worry about registering your trademark in the very beginning if you are pressed for funds, but take action once you have more revenue available. <br /><br /> One of the most important facts to consider is to avoid using a name that has been trademarked by another business. If you build your brand, even if you have done it unknowingly, around a trademarked name, you could be sued and held liable. Before you register a domain name, go to www.usptodotgov and run a <a href="http://www.artwoo.com/tag/trademark+search" rel="tag">trademark search</a> for the names you're considering. If you don't find a match that doesn't guarantee that your desired trademark is not protected. The database you are searching is about 12 months behind. Doing your own research is worth it because it lowers your risk of violating trademark laws. <br /><br /> When trying to determine the ideal trademark for your business, keep in mind that the purpose of trademark law is to prevent consumer confusion about the source of goods or services. Ask yourself if a consumer would confuse your name with that of another product, service or company.   <bio>Author: George Meszaros with Webene <a href="http://www.webene.com" >http://www.webene.com</a>  </bio>]]></content:encoded>
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				<title>What Is A Stock And What Does It Mean?</title>
		<link>http://www.artwoo.com/article/what-is-a-stock-and-what-does-it-mean</link>
		<comments>http://www.artwoo.com/article/what-is-a-stock-and-what-does-it-mean#comments</comments>
				<pubDate>Sun, 02 Sep 2007 15:25:00 +0000</pubDate>
		<category>blue chip stocks</category><category>penny stocks</category><category>issue stock</category><category>stock holders</category><category>growth stocks</category><category>corporate meetings</category><category>shareholder</category>		<guid>http://www.artwoo.com/article/what-is-a-stock-and-what-does-it-mean</guid>
		<description><![CDATA[ What is a stock? A stock is a certificate of paper that proves your ownership of a piece of a specific corporation. Only companies and businesses that have been incorporated can issue stock which may be publicly traded. Being incorporated means that the corporation becomes seperate from the people]]></description>
    <content:encoded><![CDATA[ What is a stock? A stock is a certificate of paper that proves your ownership of a piece of a specific corporation. Only companies and businesses that have been incorporated can <a href="http://www.artwoo.com/tag/issue+stock" rel="tag">issue stock</a> which may be publicly traded. Being incorporated means that the corporation becomes seperate from the people who run it. Even if all the personnel were replaced, the corporation is not changed as a business. A stock is proof that you own a part of the company and everything it owns, including the vehicles, buildings, and all equipment. Anyone who owns stock is considered a <a href="http://www.artwoo.com/tag/shareholder" rel="tag">shareholder</a> in that specific company. <br /><br /> By owning a stock in a corporation, you are hoping that the company will grow and profit. As a shareholder of stock, you profit when the company does in a number of ways. If the company makes a profit, then shareholders receive dividends which reflect those profits. The price of the stock may also increase when a company has a profitable period, and <a href="http://www.artwoo.com/tag/stock+holders" rel="tag">stock holders</a> will have an increase in the value of the stock that they own. <br /><br /> There are four levels of stocks that are available. <a href="http://www.artwoo.com/tag/penny+stocks" rel="tag">Penny stocks</a> are stocks from small companies that have almost no growth potential. <a href="http://www.artwoo.com/tag/growth+stocks" rel="tag">Growth stocks</a> are stocks for companies that have great success potential. Secondary issue stocks are stocks from companies which are well established and have great growth potential. The highest level of stock available are <a href="http://www.artwoo.com/tag/blue+chip+stocks" rel="tag">blue chip stocks</a>, and these stocks are from old companies which have been established for years and decades. <br /><br /> Owning stock in a company also gives you a say in the company. Obviously, the more stock you own, the more of a say you have. The stock you own allows you to vote at <a href="http://www.artwoo.com/tag/corporate+meetings" rel="tag">corporate meetings</a>, but a proxy ballot can be filed if you choose not to attend. Matters that are voted on include sitting Board of Director members, additional issues of stock, and other company related business. <br /><br /> A stock is proof of ownership in a corporation. This allows you to vote at corporate meetings concerning company business. Stock is a guarantee that if the company profits, you profit as well. By purchasing stock in a company, you are hoping that the corporation becomes more successful. Shareholders can profit from the success of the company by receiving bigger dividend checks and a higher value for any stock that they hold. <br /><br /> Copyright =A9 2007 Joel Teo. All rights reserved.   <bio>Joel Teo writes on various financial topics including Las Vegas Real Estate. Learn more about Las Vegas Real Estate Investing at <a href="http://www.realestateinvestment101.info" >http://www.realestateinvestment101.info</a>  </bio>]]></content:encoded>
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				<title>Easy Cleaning With Robotic Vacuum Cleaners</title>
		<link>http://www.artwoo.com/article/easy-cleaning-with-robotic-vacuum-cleaners</link>
		<comments>http://www.artwoo.com/article/easy-cleaning-with-robotic-vacuum-cleaners#comments</comments>
				<pubDate>Tue, 18 Apr 2006 04:50:05 +0000</pubDate>
		<category>robot vacuum cleaner</category><category>vacuum cleaners</category><category>movie robot</category><category>irobot</category><category>roomba</category><category>definitely</category><category>infrared beam</category>		<guid>http://www.artwoo.com/article/easy-cleaning-with-robotic-vacuum-cleaners</guid>
		<description><![CDATA[Ever Since robot vacuum cleaners were introduced to the market, cleaning has been a breeze. The robot vacuum cleaner is fully automatic, and not in the same sense as they were before. It's efficient, cordless, and hands-free. Gone are the days that you had to push that bulky vacuum cleaner around]]></description>
    <content:encoded><![CDATA[Ever Since <a href="http://www.artwoo.com/tag/robot+vacuum+cleaner" rel="tag">robot vacuum cleaner</a>s were introduced to the market, cleaning has been a breeze. The robot vacuum cleaner is fully automatic, and not in the same sense as they were before. It's efficient, cordless, and hands-free. Gone are the days that you had to push that bulky vacuum cleaner around the house and get back pains from using it. Technology does evolve. <br /><br /> Several companies have developed robot <a href="http://www.artwoo.com/tag/vacuum+cleaners" rel="tag">vacuum cleaners</a>. The most popular, due to its affordability is <a href="http://www.artwoo.com/tag/roomba" rel="tag">Roomba</a>, which is manufactured by <a href="http://www.artwoo.com/tag/irobot" rel="tag">iRobot</a>. The Roombas available on the market range from CAD $250 to CAD $450. <br /><br /> Would you believe that those robot vacuum cleaners utilize the same military technology used when clearing fields of land mines? These robot vacuums run around the floor randomly, turning on every bump and wall it encounters. It cleans around furniture. It has sensors that would prevent it from falling down the stairs and cliffs. Intelligent, isn't it? <br /><br /> These also come with a virtual wall device. You attach this device on an open doorway in order to keep the robot vacuum well within the room. It emits infrared that, when detected by the robot vacuum, make it turn and go to the other direction. <br /><br /> The robot vacuum cleaner mainly looks like a disk and not anywhere like a <a href="http://www.artwoo.com/tag/movie+robot" rel="tag">movie robot</a> with appendages. Kind of spoils the fun for kids expecting eyes and arms, but then it does the job. The vacuum cleaner has a disk-like structure so that it can go under sofas and cabinets, places your regular vacuum <a href="http://www.artwoo.com/tag/definitely" rel="tag">definitely</a> won't reach. It has fine brushes to effectively clean carpets and rugs. It has filters so anything that's quite big won't get sucked in and jam the system. You don't even have to worry about recharging, it can actually recharge itself. The docking system emits an <a href="http://www.artwoo.com/tag/infrared+beam" rel="tag">infrared beam</a> so the robot vacuum can find it, go back to it and recharge to be all set for next cleaning session. <br /><br /> The robot vacuum cleaner has its limitation. You're not supposed to run it over something wet and sticky. And regular pre-vacuum preparation still applies. You still have to pick up the things scattered that would snarl the brushes like toys and socks. Nor can you use it on those thick shag pile type rugs. The manufacturer claims it can't handle those situations just yet. <br /><br /> The comfort of using one of these robot vacuum cleaners is awesome. Most of the models contain only three buttons. The buttons are selectors so you can choose the cleaning mode. <br /><br /> Cleaning the house can now be done unattended. Moms can cook lunch while cleaning the house at the same time. Chores around the house can be done in a jiffy, thanks to the robot vacuum cleaners. It's a big help for working people, especially moms, who would rather enjoy some time with their kids rather than do some household cleaning.   <bio>For a Robot Vacuum, such as the IRobot Roomba and Scooba, a robot lawn mower, robot toys, robot kits and construction kits, such as lego mindstorms 2.0, please visit <a href="http://www.robotshop.ca">http://www.robotshop.ca</a>, your one stop robot store. </bio>]]></content:encoded>
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				<title>The Basics Of Business Incorporation</title>
		<link>http://www.artwoo.com/article/the-basics-of-business-incorporation</link>
		<comments>http://www.artwoo.com/article/the-basics-of-business-incorporation#comments</comments>
				<pubDate>Wed, 19 Apr 2006 07:50:05 +0000</pubDate>
		<category>business incorporation</category><category>personal credit</category><category>personal shares</category><category>personal litigation</category><category>business owner</category><category>undoubtedly</category><category>aware</category>		<guid>http://www.artwoo.com/article/the-basics-of-business-incorporation</guid>
		<description><![CDATA[If you are a business owner, even if it is a small business, you want to be successful. You are undoubtedly aware of the work it takes to make a business profitable. You might also be aware of the different tax penalties and other ways that the government makes it difficult for a small, young]]></description>
    <content:encoded><![CDATA[If you are a <a href="http://www.artwoo.com/tag/business+owner" rel="tag">business owner</a>, even if it is a small business, you want to be successful. You are <a href="http://www.artwoo.com/tag/undoubtedly" rel="tag">undoubtedly</a> <a href="http://www.artwoo.com/tag/aware" rel="tag">aware</a> of the work it takes to make a business profitable. You might also be aware of the different tax penalties and other ways that the government makes it difficult for a small, young business to make it. You should consider <a href="http://www.artwoo.com/tag/business+incorporation" rel="tag">business incorporation</a>. It is not as complicated as you might think it is, in fact, it is quite easy to incorporate your business. By doing it, you will be helping your business to fulfill its potential. <br /><br /> Incorporation is the process of forming a new corporation, whether it is a business, a new town government, or a not-for-profit organization. As a business owner it is easy for you to take advantage of the many benefits that incorporation has to offer. There are several legal advantages to going through the process of business incorporation. For starters, your personal property and possessions will be protected from creditors and lawsuits. Any officers in your corporation (including you) are only responsible for the amount of money that they invest into the corporation. And if you are going through some kind of <a href="http://www.artwoo.com/tag/personal+litigation" rel="tag">personal litigation</a>, your corporate assets are secured, other than your <a href="http://www.artwoo.com/tag/personal+shares" rel="tag">personal shares</a> in the organization. <br /><br /> Another plus in business incorporation is that your ownership in the corporation can be transferred to other parties without difficulty, sometimes with little or no paperwork required. Also, your corporation will be taxed at a lower rate than individuals. There is no cutoff point on the loss amount that can be carried into succeeding tax years, either. Further, corporations earn and maintain their own credit ratings separate from the owner, no matter what the owner's <a href="http://www.artwoo.com/tag/personal+credit" rel="tag">personal credit</a> rating might be. Business incorporation is a really good way to not only protect the organization, but to protect the business owner as well. <br /><br /> Yet another advantage to business incorporation is that it is easier to set up retirement plans. In addition, the owner's health insurance premiums are fully deductible, which is a huge bonus. And no matter if the owner or some other officer in the corporation passes away, the corporation continues on forever. <br /><br /> The basic steps in business incorporation are fairly straightforward. Every state is going to have different requirements and applicable laws, so make sure to check before getting started with the process. The first thing you do when incorporating is to file a charter. Check with your state's (or the state that you wish to incorporate in) Secretary of State office for guidelines and appropriate forms to complete. The next step is to choose a name for your new corporation. You should make sure to check trademark registers to avoid duplication and problems later on. Next, you need to complete the corporation's bylaws. These are important because they set forth the particulars regarding annual shareholder meetings and voting procedures. You will also need to report annually on your corporation. This can be done at an annual meeting, and any business that is discussed and voted upon is documented. <br /><br /> Business incorporation can be the answer to making the most of your organization. Taking advantage of the tax benefits alone can help save - and make - you money. And depending on which state you incorporate in, you might have to deal with little or no paperwork and red tape, and even fewer tax issues. Business incorporation is a great way to turn your little business into a legitimate organization, and it is not nearly as complicated as it might sound to you.   <bio>Mark is a director of 3 Internet Companies, is a published author and has written many articles on a widespread number of topics. All his articles may be reproduced provided that an active link is included to <a href="http://www.llc-incorporation.info">http://www.llc-incorporation.info</a> </bio>]]></content:encoded>
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				<title>Why Incorporate Your Business?</title>
		<link>http://www.artwoo.com/article/why-incorporate-your-business</link>
		<comments>http://www.artwoo.com/article/why-incorporate-your-business#comments</comments>
				<pubDate>Fri, 16 Jun 2006 00:32:06 +0000</pubDate>
		<category>incorporating your business</category><category>sole proprietorship</category><category>single proprietorship</category><category>vast</category><category>partnership</category><category>business venture</category><category>business ventures</category>		<guid>http://www.artwoo.com/article/why-incorporate-your-business</guid>
		<description><![CDATA[Entrepreneurs embark on costly business ventures without first looking into the form of business that would be most suitable for them given their business experience and financial capability. Deciding on what legal form your venture is going to take will spell the difference when you experience]]></description>
    <content:encoded><![CDATA[Entrepreneurs embark on costly <a href="http://www.artwoo.com/tag/business+venture" rel="tag">business venture</a>s without first looking into the form of business that would be most suitable for them given their business experience and financial capability. Deciding on what legal form your venture is going to take will spell the difference when you experience difficulty in your business later on. <br /><br /> A businessman can choose from different business forms including sole or <a href="http://www.artwoo.com/tag/single+proprietorship" rel="tag">single proprietorship</a>, <a href="http://www.artwoo.com/tag/partnership" rel="tag">partnership</a> or a corporation. Each of these legal forms has their own advantages and disadvantages and a businessman should be well aware of their implications on his business venture. <br /><br /> <a href="http://www.artwoo.com/tag/sole+proprietorship" rel="tag">Sole proprietorship</a> is the easiest business venture to put up because you only have yourself to disagree with. This means you can go ahead with whatever plans you have and you can implement them anytime. It means that when your venture succeeds then you will reap all the financial rewards of your business. The sad fact is that this can also be a disadvantage since it can also mean that you will shoulder all the losses if the business fails. <br /><br /> A partnership will do well for <a href="http://www.artwoo.com/tag/business+ventures" rel="tag">business ventures</a> that require more capital and more skills and expertise. You and your partner can concentrate on the different aspects of the business depending on your skills and talents. A partnership form of business means both you and your partner get to share your financial earnings and losses. However, there could be a problem if the business acquires debts because your creditors can run even after your personal money and not just after the capital infused into the business. <br /><br /> The most ideal, although complicated, type of doing business is the corporation. <a href="http://www.artwoo.com/tag/incorporating+your+business" rel="tag">Incorporating your business</a> would mean bringing in other people to the business. This would mean no decision can be reached without the agreement of the majority of the Board of Directors. The good thing about a corporation is the availability of <a href="http://www.artwoo.com/tag/vast" rel="tag">vast</a> financial resources for the business. <br /><br /> A corporation is a distinct legal entity from its incorporators and shareholders so that in case the business incurs debts, the share or stockholders will only answer for the debts depending on the shares they have in the corporation. This is called the theory of limited liability. The creditors will no longer have any right to seek payment from the personal finances of the stockholders. <br /><br /> A business can start as a sole proprietorship but the owner can chose to incorporate the business later as it grows. True, there are more documentation requirements for incorporating a business but the advantages of incorporating a business far outweigh the disadvantages.   <bio>The author is a regular contributor to <a href="http://www.inc-today.com">http://www.inc-today.com</a> where additional information about incorporating your business is available. </bio>]]></content:encoded>
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				<title>Choose The Best Legal Structure For Your Business</title>
		<link>http://www.artwoo.com/article/choose-the-best-legal-structure-for-your-business</link>
		<comments>http://www.artwoo.com/article/choose-the-best-legal-structure-for-your-business#comments</comments>
				<pubDate>Thu, 03 May 2007 15:42:06 +0000</pubDate>
		<category>legal structure</category><category>sole proprietorship</category><category>business structure</category><category>dividend payment</category><category>s corporations</category><category>personal profits</category><category>business profits</category>		<guid>http://www.artwoo.com/article/choose-the-best-legal-structure-for-your-business</guid>
		<description><![CDATA[ Do you know the best legal structure for your small business?  Legal structure refers to the way a business is organized.  Choosing the best legal structure for your business is critical, as it affects aspects of your business ranging from tax payments to your personal financial liability. The]]></description>
    <content:encoded><![CDATA[ Do you know the best <a href="http://www.artwoo.com/tag/legal+structure" rel="tag">legal structure</a> for your small business?  Legal structure refers to the way a business is organized.  Choosing the best legal structure for your business is critical, as it affects aspects of your business ranging from tax payments to your personal financial liability. The most common types of business legal structure are <a href="http://www.artwoo.com/tag/sole+proprietorship" rel="tag">sole proprietorship</a>s, partnerships, and corporations. <br /><br /> The most common and simplest legal structure is a sole proprietorship, or a business owned by one person. The owner and the business are the same entity in terms of taxation: the <a href="http://www.artwoo.com/tag/business+profits" rel="tag">business profits</a> are <a href="http://www.artwoo.com/tag/personal+profits" rel="tag">personal profits</a> and taxed as personal income. The owner is financially responsible for business and their personal assets will be used to cover losses or debts incurred by the business. <br /><br /> Two or more owners of the same business may file for partnership status. This type of <a href="http://www.artwoo.com/tag/business+structure" rel="tag">business structure</a> is very similar to the sole proprietorship- all partners are held financially responsible for the debts of the business and the tax burden is borne proportionally by the partners.<br /><br /><br /><br /> The most complex business structure, and the most difficult to obtain, is the corporation. In a corporation, the owners and investors are separate from the business in terms of taxation and income and are not held entirely liable for the company's debt. <br /><br /> S-Corporations (Single Person Corporation) are an option for one business owner who wants to create a corporation to save money on taxes. As the sole employee of the business, they receive a salary out of the business profit and pay the appropriate income tax. The rest of the business profit they receive as a <a href="http://www.artwoo.com/tag/dividend+payment" rel="tag">dividend payment</a>, on which much less tax is paid.  Therefore, by separating the profit into salary and dividend, the S-Corporation owner saves money on taxes. <br /><br /> When deciding on the best business structure for your business, consider that most businesses start small, beginning as a sole proprietorships or partnerships. These business structures require minimal paperwork and have a simple filing process, and are best suited for smaller businesses where there is less chance for high losses or being sued. Once your business takes on more risk, deals with higher amounts of debt, or requires substantially more capital, you should consider filing for corporation status to safeguard your personal assets and have access to more capital.   <bio>Your Money and You Staff have written a series of tax related articles. For additional information on related topics, visit <a href="http://yourmoney.accion.org" >http://yourmoney.accion.org</a>  </bio>]]></content:encoded>
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				<title>Dare To Be Different: Limited Liability Company</title>
		<link>http://www.artwoo.com/article/dare-to-be-different-limited-liability-company</link>
		<comments>http://www.artwoo.com/article/dare-to-be-different-limited-liability-company#comments</comments>
				<pubDate>Tue, 22 Aug 2006 22:27:16 +0000</pubDate>
		<category>limited liability company</category><category>llc members</category><category>sole proprietorship</category><category>partnership</category><category>personal tax returns</category><category>personal assets</category><category>liabilities</category>		<guid>http://www.artwoo.com/article/dare-to-be-different-limited-liability-company</guid>
		<description><![CDATA[The road to success is never easy. It is often filled with potholes, bumps and tacks that could blow up the tire anytime. The same can be said for business. There is no 100% guarantee that if you do this and that, you'd succeed. More often than not, it's trial and error.  Good decision-making is a]]></description>
    <content:encoded><![CDATA[The road to success is never easy. It is often filled with potholes, bumps and tacks that could blow up the tire anytime. The same can be said for business. There is no 100% guarantee that if you do this and that, you'd succeed. More often than not, it's trial and error. <br /><br /> Good decision-making is a key factor in the success of any business. Sometimes, it seems it solely depends upon these decisions we make. This involves what type of business to go into and of course, what kind of structure to use. <br /><br /> <a href="http://www.artwoo.com/tag/sole+proprietorship" rel="tag">Sole proprietorship</a>, <a href="http://www.artwoo.com/tag/partnership" rel="tag">partnership</a> or corporation. The decision is yours. But before you do, you might want to take a look at this thing called <a href="http://www.artwoo.com/tag/limited+liability+company" rel="tag">limited liability company</a>. <br /><br /> A limited liability company is a kind of business structure that offers limited liability to its members. It's not a partnership nor a corporation but rather a fusion of the characteristics of both. <br /><br /> Confused? Let us clarify it a bit. <br /><br /> In a corporation <br /><br /> * The company offers you just that limited liability depending on how much you invest. Just like in a limited liability company. <br /><br /> * There is no limit to the number of members. <a href="http://www.artwoo.com/tag/llc+members" rel="tag">LLC members</a> may be a single person, a corporation or a member of another limited liability company. <br /><br /> In a partnership <br /><br /> * The losses and <a href="http://www.artwoo.com/tag/liabilities" rel="tag">liabilities</a> of the company are shouldered equally by the partners. In LLC, there is a limit to how much a member will shoulder and collectors cannot hound the members to pay the company's liabilities using their <a href="http://www.artwoo.com/tag/personal+assets" rel="tag">personal assets</a>. <br /><br /> However, the method of taxation in a partnership and a limited liability company is the same. On both types, the members put whatever income or loss they experience on their <a href="http://www.artwoo.com/tag/personal+tax+returns" rel="tag">personal tax returns</a>. This means that the company isn't the one paying the taxes but the individual members themselves. And there is no doubling of taxes involved. <br /><br /> The advantages of an LLC are: <br /><br /> * Less paperwork and administrative duties involved. This is because the company can be classified into different forms like sole-proprietorship, partnership or corporation regarding the way it is taxed. If they are registered as a sole proprietorship business, then tax involves less stress and work. <br /><br /> * General meetings and meeting minutes are not necessary <br /><br /> * There is more flexibility in the management of the business. All management policies depend upon the agreement between all of the members. <br /><br /> However, how good it might sound, there are always drawbacks. Disadvantages are: <br /><br /> * A limited liability company cannot last forever. Unlike a corporation where in succession takes care of the problem of management, the death of members or going bankrupt is usually enough reason for the company to break up. <br /><br /> * Also, the lack of stricter rules may cause a dissension between members and result to poor management. <br /><br /> * And it might be pretty difficult to find people willing to invest in the company. Note that a limited liability company is a relatively new trend and these investors might not be confident in investing in something that they don't fully understand yet, compared to the familiar grounds of a partnership or a corporation. <br /><br /> Yes, the road to success may be small, hard and long. Putting up your own limited liability company will take hard work and patience. But who knows? You might reap the best rewards. Be daring and be different. <br /><br /> All Rights Reserved. Content may be reprinted as long as links remain intact.   <bio>Protect yourself and your business but getting an LLC today. Checkout <a href="http://perfectllc.info" >http://perfectllc.info</a> for more information. </bio>]]></content:encoded>
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