Twyla Garrett, CBM, CHS III is a serial entrepreneur, professional speaker, and founder of IME Inc. Her Flagship company specializes in Homeland Security.
Thursday, May 7, 2015
Social Sharing, Are You Optimized?
The best way to start learning social sharing optimization is to start with Twitter or Instagram. Both utilize the hashtag (#) to pull in like-minded searchers / seekers / business owners into a single thought or image and then start a conversation or- at the very least- make a brand introduction.
If you’re really not that familiar with # use right now, go to Twitter and in the search box type in ‘#business’… this is your general audience, your peers, etc. Now, you need to write using social sharing optimization so they can find you when typing in specific key words.
Think you need more help learning how to do this and what tools to cross-train yourself on?
Don’t hesitate, contact me directly for one-on-one business and branding coaching. I'm always available to speak at your company's next event or provide one-on-one training.
Twyla N. Garrett of IME
Monday, April 27, 2015
Is Your Personality Harming Your Business?
Being a dreamer. That’s right, dreaming big and having ambition isn’t enough. Dreamers don’t succeed. Doers do. The dreamer has lots of big ideas. But every dream needs direction and a system of execution for success.
It is possible for dreamers to not succeed because they are too busy dreaming up what will work, what will happen, etc. that they forget to put the wheels of the dream in motion and nothing ever comes into fruition as a result.
Today is your day. If you have big dreams ask yourself what you’re doing to implement them into materializing. No one is going to come by your desk and sprinkle magic dust over you or your dream. You have to be as much as a doer as you are a dreamer.
Until tomorrow,
Twyla N. Garrett
Wednesday, February 4, 2015
Your Legal Status.... Business 101
Sole Proprietorship: This type of business does not make a legal distinction between the business owner and the business itself. Although costs can be low (from taxes to licensing fees)the down-side is that you will be personally responsible for any business debt that may occurs, potential law suits, and your personal income tax reflects your entire business' profit.
A General Partnership is the same as a sole proprietorship but with several owners. Again, the set-up costs are low and there are relatively few regulatory requirements. And, again, the owners are completely liable for all the actions and debts that stem from the business.
Limited Liability Partnership(much like a LLC) is very similar to a general partnership. However, there is a separate classification of partners making each person's liability limited. The downside to this classification is it only "limits" a partner's liability, not erase it completely- which is a common myth. Also the filing and administrative requirements are complex.
C-Corporation is only a form of doing business that creates a separate legal entity from the individual owners. This legal entity can act and do business on its own just as a person would do (i.e. borrow money, enter into lawsuits and contracts, etc.).
With a C-Corporation your "owners" are now shareholders who are not personally liable for the actions and debts stemming from the company. However, if a shareholder wants to leave the business then the paperwork involved isn't easy, making a separation a long-one- which in the case of a nasty separation only makes the situation worse. Also, owners (shareholders) are taxed twice.
S-Corporation is a type of corporation but the business is taxed as if it is a sole proprietorship. Its formation is subject to certain legal criteria such as a maximum number of shareholders. The benefits, unlike a C-Corp., include owners only being taxed one time. However, the administrative costs are higher and all owners (shareholders) have to be U.S. citizens.
Many business owners either chose to set-up as an LLC or an S-Corp. Note, I will not advocate for either because you need to discuss your personal situation with a lawyer and a CPA. However, I will state that an LLC may have to pay more self-employment taxes than S-corps due to IRS regulations.
Until tomorrow,
Twyla N. Garrett
Wednesday, April 24, 2013
Is Your Website Competitive?
A company's about page is the most important part of your website. It is more important than your price sheet, service descriptions or former client reviews. People want to know about you and what makes your company special. It is your time to sell yourself and talk about how you are going to fulfill their needs when they sign with you or buy from you.
When writing your about page remain objective. Sure, you may want to sign your praises but do so tastefully. List your accolades, education and the basics about you and your company. Using too many big words to define who you are and not how you can help will be an immediate turn off.
I'm hopeful some of you will share your websites with me. I would love to review them, provide some insight and share the really great ones! Find me on Twitter and let's discuss!
Twyla