Why Choose an Executive Suite?

Executive suites are a flexible and economical alternative to leasing traditional office space. Executive suites allow your company immediate access to an office space in a prestigious first class building. You can sign an agreement in the morning and occupy your office later that day. Flexible agreement terms allow you to rent by the day, week, month or year. Pinnacle Executive Suites can take care of all of the details of opening the office for you including setting up your telephone service, high-speed Internet access, furniture, computer consulting services, conference rooms and administrative support.

There is no need for you to hire an administrative assistant or receptionist, since our receptionist will answer your telephones and greet your visitors. We will also provide administrative/secretarial support upon your request for an additional hourly fee.

Capital outlays for start up cost for an executive suite are much lower than a traditional office space, since our conference rooms and reception areas are fully furnished and we provide access to office equipment such as copiers, fax machines and postage machines on an as-needed basis where you only pay for the services that you use.

Your company will have the flexibility to increase the amount of space used or downsize as necessary. Many companies also use executive suites to accommodate a temporary space need. Some examples include temporary space while a permanent office is being located or constructed, office space for a special project and as an outplacement benefit for executives.

Executive suites are perfect for large and small companies, entrepreneurs, accountants, financial firms and attorneys.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Build Your Business

Executive suites are used by everyone from Fortune 500 companies, professionals in every trade, engineers, architects, manufacturers reps, to the entrepreneur and small to medium size business.

Minimize your start up costs by over 70%. The simple math makes it clear why the value and benefits of executive suites are the clear choice of professionals around the world. From team rooms to board rooms, you are equipped.

Benefit by the administrative management and team support that helps maintain and grow your business, while affording you a comprehensive professional environment.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

What is an Executive Suite?

Executive suites are shared offices with services provided by a management firm. They are a great way for small companies to get off to a fast and low risk start and a great way for a fast growing company to have the flexibility for rapid growth.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Your office is waiting for you!

With a large selection of executive offices, Pinnacle Executive Suites has an office waiting for you!

Executive Suites are an excellent solution for small business owners, satellite offices and professionals that need something a bit more then a home office, without the unnecessary hassles of a traditional office space. With a wide variety of executive offices located conveniently in Carson City, Nevada, and very close to Reno, Nevada, Pinnacle is the best source.

Pinnacle Executive Suites also offers Virtual Offices for those that do not need a full time executive office but could still benefit from having access to a Nevada address for mail delivery, phone answering services or use of conference rooms or offices on an occasional basis. There are several Virtual Office packages to choose from, secure your Pinnacle Executive Suites Virtual Office today!


Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Today’s companies and entrepreneurs are finding that a virtual office is the right solution for the work environments of the twenty-first century.

Firms of all sizes are discovering that a virtual office setup is the ideal solution for them, offering cost-savings as well as flexibility and increased productivity. A large number of business trend analysts agree that the virtual office phenomenon is worldwide, here to stay, and that the virtual office trend will grow aggressively over the next few years.

The office business center industry is obviously well positioned to deliver an array of virtual products and services. Many operators have focused on the virtual office market for quite a few years and are driving significant revenues, but more importantly – significant margins to their bottom lines.

Additionally, office brokers are producing an increasing number of virtual office leads and specialized global virtual office companies have established themselves as viable channels and service providers.

According to the 2008 OBCAI financial study, virtual revenues represented an average of almost 7% of total revenues for highly profitable office business centers in the US. At some centers, virtual revenues even exceeded 10% of overall revenues without creating much additional overhead for the operation. The study also showed a 7% increase in virtual revenues in 2008 compared to 2007 and identified virtual office revenues as one of the main factors that differentiate a high profit OBC (average 34% profit margin) from a middle profit OBC (average 11% profit margin). So statistically speaking, every OBC operator should embrace the virtual office business - yesterday!

As the landscape for virtual office services becomes more competitive, proactive operators will have a unique opportunity to gain additional market share by adjusting their advertising and marketing strategies for this growing market. Based on statistical data, centers will also attract more virtual office clients by offering cutting edge technologies and facilities.

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Pinnacle Executive Suites is located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Cut Costs by Renting an Executive Suite

With the downturn in the economy many businesses are considering executive office space as an alternative to purchasing office space to cut costs and reduce financial liability. This article takes a quick look at the pros to renting executive suites.

The Pros:

Lease and go to work - flexibility is the word when it comes to executive suites. Sign a lease and you can literally be running your business the next day. Typically there is no "construction" phase as the offices have already been constructed and unless you need special configurations your space is ready to go.
Professional receptionist - No need to speed time or money hiring someone to answer the phone, sign for delivers, put up the mail, bring coffee to your client meeting, etc.

Instant communication - Phones, internet and in some cases video conferencing is available with the flip of a switch.

READ MORE!

Looking for a Virtual Office in Reno/Carson City?

Pinncalce Executive Suites makes running a business easier with the help of virtual offices and live virtual receptionists. The virtual office gives you a real street address at a prestigious business center, while a live virtual receptionist can take care of your clients and eases communication.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Why an Executive Suite Makes Sense

I feel an executive suite should certainly be one of your considerations in selecting office space.

From both a financial and psychological point of view, an executive suite make sense. The financial advantages are obvious — receptionist and phone answering services, conference rooms, technical assistance as needed, office equipment as needed, etc.

-satisfied client

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Common Virtual Office Users:

1.Home-based entrepreneurs
2.Accountants
3.Attorneys
4.Law Firms
5.Mobile salespeople
6.Trades (Home service industry: roofers, electrical, plumb, landscape, construction, repair/remodel, etc)
7.Doctors/Dentists
8.Therapists
9.Business consultants
10.Mediators/conflict resolution
11.Frequent travelers/foreign companies
12.Chambers of Commerce
13.Senior management
14.Real estate
15.mortgage companies
16.Stock brokers/financial planners
17.Collections agencies
18.Networking groups
19.Trainers/instructors
20.Incubators

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Executive Suite ADVANTAGES

An executive suite provides a professionally structured, total business and support services environment for the national or international company or individual entrepreneur. Arrangements normally combine a package of office accommodations, amenities and services. State-of-the-art technology is offered in many suites, in addition to high speed internet, such as broadcast FAX, mobile messaging, videoconferencing, PC rental, and associated software systems and training.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Should Your Small Business Become a Corporation?

This is a question you need to ask during the start-up and evolution of your company. Learn what you need to know about incorporating your small business.

Bill's years of hard work had finally paid off. Bill's company, a sole proprietorship computer business was earning solid profits and had built a large client base. Bill thought he had it made, until a part-time employee had "an accident" that wiped out a customer's computer system.

In a matter of months, Bill's dream business came tumbling down. Slapped with a lawsuit, the sole proprietor lost all his assets, savings, house, and marriage. If Bill had his company incorporated, his business and personal life would have been separated and had an additional layer of protection.

Incorporation reduces disasters. According to BizStats.com, only 22% of all the small businesses in America are a limited liability corporation, S corporation, or C corporation. Over 72% of businesses are solely operated and exposed to liability risk.

The decision to start your own corporation will vary, depending on the needs of the business and yourself. Consider the following benefits of incorporation:

Benefits of Starting Your Own Corporation:

Liability: A corporation exists as a separate legal entity from your personal life. Any debts or lawsuits are incurred by the company, not the owner. Any business with potential for lawsuits should consult with a lawyer and consider incorporation. Incorporating will offer an added layer of protection but it is still adviseable to obtain business liability insurance.

The bad debts will often be the responsibility of the corporation. In the case of bank financing, more and more banks require business owners to sign a personal guarantee; making your personal assets collectible on a defaulted loan. Consider your options before signing.

Taxation: Another main benefit to incorporating is the taxation of a company. Corporations are often taxed at a lower rate and have better taxable benefits. Talk to your accountant about the tax advantages.

Raising Money: Financing a small business as a sole proprietorship or partnership can be difficult. A corporation can sell shares of the company and raise money easier than other business structure types.

Selling the Business: A non-corporate business is hard to valuate properly. A business corporation value will be based on the business, not the owner, therefore making it easy to sell the company.


Contact American Corporate Enterprises today to form your corporation!

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Why you should use a virtual office

Here's a great article about why you should use a virtual office.

CLICK HERE FOR ARTICLE

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Go Virtual!

Working from home can be too cramped, not professional enough, too distracting, or simply not provide all the necessary resources for today’s business needs. However, having an office can prove to be too expensive and inconvenient in today’s fast paced world.

For many businesses, this equates to a Catch-22. But at Pinnacle Executive Suites, we’ve caught on.

Go Virtual! It’s ideal for start-ups or small businesses looking to save up-front money, or even companies looking to downsize.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Check out our Online You Tube Tour!

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Because of the length of time corporations have been in existence, there is a long record of statutory and case law which supports the use of a corporation for asset protection.

Consequently, corporations are traditionally considered for use as the “First Line of Defense” to accomplish the goal of limited liability. Following are some important attributes and advantages to a corporation which allow it to be used for limited liability as well as other purposes.

•The corporation is a totally separate entity from any individual- it is not you, and you are not it. This is important to remember in maintaining the limited liability protection. It must be treated as a separate individual
•A corporation can buy, sell, trade, own property, own stock, make loans, etc. and anything else that an individual can do; such actions are governed by the Board of Directors
•The shareholders of the corporation do not have to live in the state in which the corporation is domiciled. Fortunately, here in Nevada, neither do the Officers or Directors
•Corporations have perpetual existence- if a Director or Officer becomes deceased, the corporation will still exist, unlike with some other entities
•There are many tax deductions available to corporations, which are not available to other entities
•It is easy to transfer assets and ownership of a corporation
•Centralized management allows ease of doing business
•Full fringe benefits can be established through a corporation
•A corporation has all of the rights of an individual except for the Fifth Amendment
Please be advised that we are not engaged in rendering legal counsel or accounting services. If legal advise, or other such services and assistance is required, the services of a professional person in that area should be sought. At your request, however, we may consult with you and render our opinion based on our business experience.

American Corporate Enterprises works with and provides services to Attorneys, CPAs, Financial Consultants, etc. in order to meet the needs of our clients. We would be happy to refer you to such a professional at your request.


Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Still Upbeat About the Recovery - from "You're the Boss - The art of running a small business"

I know I raised some eyebrows a few months ago when I wrote that the economy was turning around (“Here Comes the Recovery!“). While lots of folks commented that they, too, were experiencing a resurgence in their business over the past few quarters, there seemed to be just as many naysayers who saw only dark clouds ahead. With the recent news that gross domestic product grew at a less-than-expected 2.4 percent in the second quarter (down from a revised 3.7 percent in the first quarter), the naysayers (including economists) who are predicting a double-dip recession are getting louder than ever.

I can tell you that I remain bullish on the recovery, especially as it applies to our company, SRC Holdings. For example, Guildmaster, our home furnishings division, closed out a record-setting July, which is historically the industry’s toughest month for sales. Last year, the company lost $110,000 for the month. This July, it turned a profit for the month for the first time in company history. And given the response it received at the recent industry trade show in Atlanta, we expect those results to continue for the rest of the year.


Sales are improving throughout every division of our business. Things are going so well, in fact, that we have been on something of a hiring spree to keep up with demand. Total United States employment at SRC is now 884 — up from 658 in July of last year. This gives me hope that other companies will begin hiring aggressively.

But, I have to admit how frustrated I am by all the contradictory news out there these days. It’s as if most people see the glass as half empty no matter what the evidence. Growth may have been slower than expected in the second quarter, but it was still growth. It sometimes seems as if we want to kill the recovery before it has a chance to gain momentum.

I wonder why we don’t focus more on all the good news out there these days. Take, for example, the news that second-quarter earnings at Caterpillar jumped 91 percent over the previous year while revenues were up 31 percent. After several years of painful job cuts, the manufacturer has begun to hire again.

Another example comes from the trucking industry, where Mark Pigott, the chairman and chief executive of Paccar, which manufactures trucks under brands like Peterbilt and Kenworth, recently outlined the good news he sees both for his company and the industry. In an earnings call with analysts, Mr. Pigott said that you can track the progress of the trucking industry by three measures: sales of parts and services, values of used trucks, and orders for new trucks. He said that through the first six months of the year, sales of parts and services are up 10 percent to 15 percent, prices for used trucks are up 10 percent, and orders for new trucks are up 30 percent.

These bits of good news were echoed by other positive earnings reports from lots of other companies, including Dupont and Microsoft. Yet, when you tune in to the news each day, you seem to find far more stories that focus on the potential downside. I feel like I’m always reading headlines like these:

“Can this earnings season keep up its winning streak?”
“Housing sales up, but still weak.”
“Chinese spending can’t save the economy.”
“Is there anything else Bernanke can do?”

Granted, hiring has yet to pick up steam and companies have been using their gains to shore up their balance sheets. But the fact that any company is still around let alone thriving after steering itself through all the storms of the past few years should be considered a positive thing. We should be celebrating these companies rather than dwelling on what they aren’t doing. It’s like we’re playing a game of Ping-Pong, where there is a constant back and forth between good and bad news. Rather than celebrate our victories, we seem to worry about our next loss.

I think part of the reason for the confusion is that there are more economic indicators than ever for people to follow. They seem to change on a daily or even hourly basis. One of the problems is that nobody seems to have faith in any of the numbers, which adds to the feeling that the glass is half empty.

But, when you talk to businesspeople — rather than just the academics, politicians or financiers — a different story starts to emerge. That’s what Timothy F. Geithner, the Treasury secretary, says he did before making his recent positive comments about the recovery. I saw Mario Gabelli, the investor, say on television that if you want to get the real story behind the economy, you should talk to leaders from businesses of all sizes, large and small. Too often, though, we read stories that ignore the folks with their boots on the ground.

The point is that we won’t be able to enjoy the fruits of a recovery until we begin to shift our vision, to stop looking back and worrying about how bad things were and begin looking forward and recognizing that things are turning around. Recoveries are fragile and we need to celebrate our victories to build on that momentum.

I’m interested in hearing from you. How do you see the world these days?

Jack Stack is the founder and chief executive of SRC Holdings in Springfield, Mo. SRC is a collection of 37 businesses and 1,200 employees who make, among other things, racecar engines and home furnishings.


Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Get an Executive Suite in Carson City, Nevada

For information about renting an executive suite in Carson City, Nevada or Reno, Nevada. Virtual Suites are offered in every state.

CLICK HERE TO VIEW

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Five Questions to Ask When You're Thinking of Starting a Business

With hundreds of thousands being laid off during this current recession many are starting their own business. Individuals are often attracted by the thought of more flexible working hours and financial independence.

But when they embark upon their new business venture, especially after sometimes spending many thousands of dollars, they are hugely disappointed with the return on their investment. Also people often have an unrealistic view of what running a business entails.

While setting up and running your own business can certainly be a great idea, even in this economic downturn, one has to tread carefully. People often choose a business that they have feel they have an affinity to and this can certainly have its advantages.

For example, some choose to go into the restaurant business because they enjoy good food and eating at great restaurants. However, being a guest at a restaurant and being a restaurant owner are very different.

Another mistake that people make is that they choose a business where essentially they're exchanging their time for money without any hope of ever being able to automate their business or at least elements of it. Hence, the time freedom which many dream of is not achievable. While starting any business will require a considerable investment of time to get the business off the ground, you should have a strategy whereby you can step away from the business and still have income coming in.

So here are five questions to consider when you're thinking of starting a business.

1. Is the business a good fit for you?

Do your due diligence and thoroughly research any business opportunity. Make sure that it is a good fit for you. Talk to other business owners working in the same industry to get a realistic idea of just what is involved in running the type of business you're considering.

2. How will it change your lifestyle?

Running a business will undoubtedly have an impact on not only your lifestyle but also that of your family and initially that impact may not be entirely positive. Ensure that you have the support and understanding of family members before you start out. This will help to ease the way forward later.

However, as your business becomes more established you'll expect your lifestyle to improve. So put in place clear indicators to let you know whether or not you're on target and adjust your strategy accordingly if not.

3. How much money will you have to invest?

Whatever your monetary investment you need to know how long it will take you to breakeven and how long it will take you to start making a profit. You especially need to know these figures if your initial investment is a large one. It's one thing to start a business with a couple of hundred dollars and quite another when you're investing many thousands of dollars.

4. Do the figures, etc. presented really add up?

Research any figures that are presented to you and, where possible, verify case studies that are presented to you. Unfortunately, it's all too easy to produce fake case studies, testimonials and even sales figures. Also remember that when case studies are presented it is usually the best case studies that are highlighted.

While the fact that one person achieves great success with a particular business model is proof that, given the same opportunity, someone else can achieve a comparable level of success the fact remains that many people don't. You certainly want to have high expectations of any business you embark upon but you also want to have realistic expectations so do your due diligence.

5. What additional training will you have to do?

If you're going into business for yourself you'll need to undertake training. In some cases the training will be a pre-requisite of the business you're going into. For instance, if you decide to buy a franchise then you'll have to undergo the training that company offers. However, there are so many new developments in the world of business that you have to keep your skills up-to-date.

So conduct a skills audit to determine what training you need and then seek out the necessary training. There's lots of training available and it can also be easy to get distracted so remember that it's important not only to learn new skills but to put them into action as well.


Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Use a Virtual Office as a Profitable Alternative to Paying High Rent

Here's another testiment as to why "Virtual Offices" are so beneficial!

A money-saving service that is being used by many professionals today is the virtual office. With so many business professionals working from their homes or on the go, the virtual office has evolved into a popular alternative to leasing a permanent office. It provides a creative solution which benefits the small business owner tremendously.

What is a Virtual Office?

A virtual office gives small business owners a presence in the business world for a fraction of normal rental costs. It is an alternative to leasing an office space, which can be costly for a new business owner. Virtual office services may also provide a set of online tools to help manage the small business. Although virtual office services differ, below is a list of some of the most common features.

1. Physical Business Address

Clients are provided with their own physical mailing address where business mail and small packages can be received. Virtual offices are not typically used to receive heavy volumes of mail as in a mail order business, but normal business mail quantities only. Those who operate a business from their home can use the virtual office address instead of their home address, which provides a safe and professional way to receive mail. Mail to a virtual office can be forwarded to the client 's home address.

2. Local Phone Number

Virtual office services also include a local phone number where a business owner can receive calls and messages. Voice mail and forwarding are usually included so the client can check messages at any time. This works great for someone who works from home or does not wish to tie up a cell phone line if they are continuously on the go.

3. Fax Capabilities

Being able to receive faxes is important to any business. Faxes are used to conduct business, send reports, take orders and receive memos every day. Using the virtual office fax, the client receives faxes which can be forwarded directly to his/her email.

4. Office Access

Access to a desk or work station with Internet capabilities, office equipment and more is crucial for a business. This is available for those times when the client needs to organize a presentation before a conference or use the Internet or computer for business purposes.

5. Conference Room Access

Conference rooms are available for rent with some virtual office setups. The client can hold business meetings or give sales presentations without interruption.

6. Web Conference Room Access

Web conference rooms are available for virtual meetings. Rather than hold a physical meeting, the client can hold virtual business meetings or give virtual sales presentations. Virtual meetings have gained popularity in recent years because they save time and money while providing instant presentation opportunities. Some virtual office services offer this tool as an added service.

7. Online virtual tools

Online tools such as calendar, address book, webmail, document repository, to do 's , forums, digital fax and digital voice mail have become common among many large businesses. Some virtual office services offer these tools and others as an added service.

Who can benefit by using a Virtual Office?

People of all trades find virtual offices useful. Executives, salespeople, accountants, marketing consultants and online business owners each benefit by using a virtual office for certain tasks. Those who work from home and wish to establish a business presence find that a virtual office meets this need. Corporations also use virtual offices as a means of testing a business location before opening a new branch.

When renting an office is not an option, a virtual office can be used by small business owners to meet the daily needs while saving time and money.



Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Looking for an Executive Suite in Carson City or Reno, NV?

Look no further.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Obama Urges Increase To Clean Energy Tax Credits, by Mike Godfrey, Tax-News.com, Washington

United States President Barack Obama has made an appeal to Congress to pass the increase to the clean energy manufacturing tax credits that now form part of the draft text of the Domestic Manufacturing and Energy Jobs Act of 2010.

The draft Act includes up to USD6.5bn in investment tax credits for taxpayers that re-equip, expand or establish domestic manufacturing facilities that produce advanced energy equipment.

As the government provides 30% of the investment for eligible clean energy projects, with the private investor providing 70%, these tax credits are expected to encourage more than USD22bn of total investment in domestic manufacturing facilities. It will add to the USD2.3bn of such tax credits that were originally provided by the American Recovery and Reinvestment Act.

House Ways and Means Committee Chairman, Sander Levin, said: “As the world moves toward renewable energy and a greener economy, it is necessary to accelerate a new era of American manufacturing and innovation. With the US government as a full, active and effective partner, the private sector can expand our green manufacturing capacity, ensuring that these jobs and products will be created in the US, competing globally and protecting our environment.”

Pointing to the success of the original issue of investment credits, President Obama said: “The only problem we have is, these credits worked so well, there weren’t enough to go around. More than 180 clean energy projects in over 40 states received USD2.3bn in tax credits, but the program was such a success that we received 500 qualified applications for USD8bn in tax credits.”

“I believe that if an American company wants to innovate, grow, and create jobs right here in the US, we should give them the support they need to do it. That’s why I’m urging Congress, once again, to invest USD5bn in these clean energy manufacturing tax credits. It’s an investment that will generate (an additional) USD12bn or more in private sector investment and tens of thousands of new jobs.”

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Audit Triggers: The Biggest Red Flags to Watch Out For

All in the family. When employing a spouse, child or close relative, be careful not to give them any extra-special treatment. Make sure the responsibilities of their job description are commensurate with their age and experience. Pay them the same salary you'd pay anyone else doing the same job.

In the money. An excessively high income compared to previous years can stand out and trigger an audit. And high-income taxpayers are more likely to be audited since they're more likely to be involved in complex transactions and have partnerships, trusts or businesses.

Consistency is key. The IRS will notice if your federal return is disproportionate to your state return, so be careful to ensure they're consistent.

Stay on the up and up. People who've filed frivolous lawsuits in the past are most likely always going to be audited. Considering not filing your taxes at all? Here's something that may cause you to re-think your decision: People who haven't filed their federal taxes can be picked up for fraud, hit with a felony and do jail time. Even if you don't have the funds to pay off everything you owe, Brown strongly suggests filing anyway--it's better to file and not pay all you owe than wait until you have all the funds and risk getting hit with penalties or worse.

Know your preparer. More and more, the IRS is using a software program to check up on tax-return preparers. If they notice a high error rate, they'll not only audit the return-preparer, but they'll also audit that person's clients as well. So do your homework before choosing a preparer. And if you ever have any doubt as to whether they're guiding you in the right direction, seek an outside opinion before proceeding.

Protect yourself. If you are selected for an audit, Brown recommends standing up to the IRS by getting representation. As a former IRS insider, Brown says that these days, the IRS is "a bit out of control--they aren't enforcing the tax law with professionalism."

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Office Space in Nevada

When starting a business were you will need an office or upgrading from the office you already have it can be very difficult to find one that you like but also to locate one in your area. That is, of course if you do not have a website that is able to help you locate the offices that are on sale and which can also give you addition information on the offices in question. This can also be especially difficult when you are looking for offices that are in prime locations around Nevada or more specifically parts of Nevada.

Nevada is a very popular area for office buildings especially with it being the state in which many very popular areas reside.

For office space in Reno, Nevada, Carson City, Nevada, contact Pinnacle Executive Suites - Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

US Business Fears International Tax Bill

US business groups have criticized the Senate's approval of a bill which proposes to tighten international tax rules with the intention of curbing what Democrats consider as large scale corporate tax avoidance.

An amendment to a bill which aims to provide cash-strapped state governments with billions of dollars in additional aid to cover teachers' salaries and Medicaid bills, among other costs, would make several changes to the US foreign tax credit rules to prevent multinationals from over-claiming for tax refunds in the US in relation to income earned and already taxed abroad.

According to the Business Roundtable, the amendment, submitted by Washington state Democrat Patty Murray, would raise nearly USD10bn in new taxes on US companies with overseas business operations.

"Keeping American companies and workers competitive should be the number one goal of US tax policy," commented Johanna Schneider, Executive Director, External Relations of Business Roundtable. "However, [the] Senate vote only adds to the growing disparity between the tax policies of the United States and most other major world economies."

Schneider observed that companies in the US are already subject to the second-highest corporate income tax rate among developed countries. "Further raising these taxes will make America’s largest employers less competitive, which will undermine US economic growth and job creation," she said.

The Business Roundtable, the US Chamber of Commerce and the National Association of Manufacturers have been joined by several other US business associations in signing a letter to Congressmen which warns that the amendment would have the effect of "reducing the earnings US companies bring back from their foreign operations."

In something of an unusual step, the House of Representatives may return from its summer recess to vote on the state funding bill this week.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

What is a "Non Profit" Organization?

Just another helpful tip from Pinnacle Executive Suites:

A Non Profit organization (NPO) is a business entity where making a profit is not a primary mission. Typically, Non Profits are engaged in charitable, educational, religious, or artistic activities of public or private interest. Since Non Profit organizations cannot distribute profit to their directors, officers, or members (those who participate in the management of the Non Profit) any income generated by the Non Profit must ultimately go back into the organization. However, Non Profits can hire and pay staff to carry out operational and administrative functions.

If you choose to incorporate your Non Profit as a 501(c) corporation, you can choose from 26 types – 501(c)(1) to 501(c)(26). Section 501(c)(3) is the most common federal tax exemption for Non Profits, which exempts the Non Profit from taxes on income directly related to the organization’s mission. Therefore, many Non Profits are often referred to as 501(c)(3) corporations. Refer to IRS.gov to learn more about other types of 501(c) incorporation.

Forming a Non Profit 501(c)(3) Corporation

Incorporation for Non Profits is very similar to creating a regular corporation, but with the extra steps of applying for tax-exempt status with the IRS and your state tax department. Becoming a Non Profit corporation requires some paperwork, but for many groups the benefits of Non Profit status outweigh the complications.

Here are the steps you must take to incorporate your Non Profit:

Choose a Business Name. Your business name (1) must be different from an existing corporation registered in your state’s office and (2) must indicate that it is a corporation by ending with the words: “corporation,” “incorporated,” “limited,” or a variation of those designations.

File your Incorporation Paperwork. You must next file formal paperwork, or articles of incorporation, and pay a small filing fee to your state. These "articles" contain basic structural information, such as the Non Profit name, its registered agent and office address, and membership structure, if any. You can find information about filing articles of incorporation by state on Business.gov’s Business Incorporation page. You can also look up your state office through the National Association of State Charity Officials* (NASCO).

Create Corporate Bylaws. Corporate bylaws outline the rules of operation for your Non Profit corporation, which includes procedures like holding meetings and electing directors. Tax regulations and other state laws are often covered in the bylaws to ensure that the Non Profit is running legally.

Appoint Directors and Hold a Board Meeting. Depending on your state, your Non Profit must appoint at least 1 or sometimes even 3 directors to make major decisions in the corporation. Some states require that you appoint directors before filing your articles of incorporation. Afterward the appointment, directors formally adopt the bylaws and elect officers at the board meeting.

Obtain Licenses and Permits. You must obtain relevant business licenses and permits like any other business. Regulations vary by industry, state and locality. Use the Licensing & Permits tool on Business.gov to find a listing of federal, state and local permits, licenses, and registrations you'll need to run a business.

Start Fundraising. Now that your NPO is officially established you'll need to pay attention to its bread and butter - fundraising. State offices of the National Association of State Charity Officials* (NASCO) provide local fundraising regulations. While individual donors amount to the largest contributors to Non Profits, federal, state and local governments offer grants, loans and programs to fund NPO projects. Learn more about funding opportunities for your Non Profit on USA.gov.

Hiring Employees. If you are hiring employees, read more about federal and state regulations for employers.

Taxes.Most businesses will need to register with the IRS and state and local revenue agencies, and obtain a tax ID number or permit.

Non Profit organizations are not automatically exempt from federal and state taxes. Therefore, Non Profit organizations seeking tax-exemption must formally apply for federal recognition and in many cases state recognition. Before you apply, make sure that your Non Profit organization satisfies the following requirements from the IRS.

Eligible Non Profits can file for federal and state tax exemptions once their articles of incorporation are registered with the state. The instructions below outline the application process for Section 501(c)(3) status, the most common federal and state tax exemption for Non Profits:

Apply for Non Profit Federal Tax Exemptions. Submit an application to the IRS for your federal Non Profit status as a 501(c)(3) organization. You must file a Form 8718, User Fee for Exempt Organization Determination Letter Request and Form 1023, Application for Recognition of Exemption with the IRS. It's best to file within 27 months after the date of your incorporation. Learn more about the application process and other requirements and responsibilities of 501(c)(3) Tax-Exempt Organizations from the IRS.

Apply for Non Profit State Tax Exemptions. Laws from each state vary. Some states require a separate application, while others automatically grant you tax-exempt status when you obtain federal tax-exempt status. Other states require a copy of the letter from IRS that you have obtained federal tax-exempt status. Contact your state tax agency to find out what steps you must take.

Annual Filing Requirements. Once your Non Profit is deemed 501(c)(3) tax-exempt, you must file annually Form 990 Return of Organization Exempt from Income Tax, Form 990-EZ Return of Organization Exempt From Income Tax, or Form 990-PF Return of Private Foundation. Learn more about annual filing requirements for exempt organizations at IRS.gov.

Filing Requirements for Unrelated Business Income Tax. If your Non Profit earns over $1,000 from unrelated activities, you must file Form 990-T. For more information on taxes on unrelated business income, refer to Publication 598.

Read more about the rules and regulations of Non Profit 501(c)(3) corporations at IRS.gov.

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Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Focus on Small Business - Virtual Offices Save You Money...

Virtual offices allow you to work from home, save daily gas and commuting expenses. You can still have a professional image for meetings with your customers and use professionally staffed conference space on a daily or hourly basis only when you need it.

Are you thinking of starting your own business, but concerned what it will cost? Virtual offices are a unique way for small businesses to save time, money and energy while allowing them to deliver the products and services that keep their business “in business”. No need to purchase property, maintain a building, or pay added utilities and insurance premiums.

Work from anywhere. A Virtual Office gives you the freedom to operate from just about anywhere including your home. With a dedicated phone line, you can even forward calls to your home or cell, offering a professional appearance to your clients.

Works all day every day. Since the Virtual Office is there 24/7, just like any other office, customers, calls, and mail can be received on youy behalf. If a client decides to visit the physical address of your Virtual Office, they will be met by a trained, professional receptionist who can receive packages or pass on a message to you. They can even give a package to the client on your behalf if you arrange for this in advance.

Reduces the need for employees. The staff of the Virtual Office gives you the advantages of having a fully trained staff at your disposal. In addition to the reception services, some Virtual Office operations even include access to business services such as copying, secretarial services, notary services. A few centers, like Pinnacle Executive Suites, may even offer business consulting, accounting and tax services onsite.

Face-to-Face meetings. Need an office for a day or conference room for a few hours for that special meeting or interview? You can schedule that time in an upscale atmosphere on an "as needed basis" at reduced rates by being a Virtual Tenant.

Improve Your Bottom Line. By catering to large number of people with the idea of providing the services which are otherwise not affordable, Virtual Offices can help your bottom line. It is particularly advantageous to self-employed professionals and small entrepreneurs who need to be in the field delivering their services to customers.

Cost-effective. Since the additional services of the Virtual Office can be reserved on a daily or hourly basis, you only pay for those services when you use them.

Legal Address. Meet local government requirements for an occupational license by having the commercial office address of a Virtual Office and also gives the option of business mailing address. It’s of great help to those who operate from home. The client can give the address of the Virtual Office with a suite number and Pinnacle Executive Suites will accept all the mail on your behalf. What a smart way to do business!!

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

What is a Virtual Suite?

What is a Virtual Executive Suite? We provide telephone answering services, using a live receptionist, with call transferring available to any location you may be at, including cell phones. You have use of our conference rooms to meet with your clients and much, much more. The Virtual Executive Suite is the ideal suite for the person who doesn’t need a workspace but still wants to present themselves with a professional appearance, with a staff to help conduct business, at a minimal cost. You may be working anywhere in the world, but we will be maintaining your business presence in Carson City, Nevada.

Here are some of the amenities offered in this program:

• Use of our conference room (2 hours Mo.)
  

• Physical Mailing address
  

• Mail forwarded daily or pick-up at your convenience
  

• Listed Telephone
  

• Live receptionist to answer your calls (8am—5pm)
  

• Calls seamlessly forwarded to you, wherever you may be within the country
  

• 24 hour voice mail delivered to you at any time you specify or on demand
  

• Faxes forwarded to you from our community fax
  

Conference Room includes:

• Internet access
  

• 42 inch monitor for Power Point presentations
  

• Overhead projector for slide presentations
  

• Seating for up to 12 or more
  

Additional Services:

• Secretarial services
  

• Bulk mailings
  

• Parcel and Packages shipping
  

• Bookkeeping and tax service
  

• Legal services

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

US Small Business Relief Bill Stalls

Legislation which would extend tax breaks available for small business in the US will now not be considered until September after Congress failed to agree on a number of new amendments before the summer recess.

The Small Business Jobs Act of 2010 was introduced in Congress in June, but was first delayed as lawmakers rushed to complete the Wall Street regulation bill and then stalled as Democrats and Republicans argued over a number of amendments added by both sides.

The main thrust of the bill is towards the creation of a new lending facility to assist small firms trying to obtain credit from banks, many of which remain reluctant to lend to small businesses and start-up companies. However, the bill also contains a number of important tax breaks, measures which attracted broad Congressional support.

The legislation seeks to encourage investment in small businesses by allowing investors to exclude the gains from the sale of certain small business stock from their income for tax purposes if the stock is held for more than five years. The bill would also reduce the tax burden for small businesses by allowing them to carry back general business tax credits to offset their tax burdens from the previous five years. Additionally, small businesses would be able to count the general business credits against the Alternative Minimum Tax.

Another section of the bill would permit taxpayers to write off more of the cost of purchases for their business, such as equipment and machinery, in the year the purchase is made, and increase the types of purchases that would qualify for special expensing to include some types of real property, such as leasehold, retail and restaurant improvements.

Other proposals offered in the bill would double the amount of start-up expenditures that may be deducted by someone starting a small business, and allow self-employed individuals to deduct health insurance costs for tax purposes.

In his recent weekly radio address, President Obama accused Republicans of "holding America’s small businesses hostage to politics" by refusing to allow a vote on the bill.

"It’s a bill that includes provision after provision authored by both Democrats and Republicans," he said. "But... the Republican leaders in the Senate once again used parliamentary procedures to block it. Understand, a majority of Senators support the plan. It’s just that the Republican leaders in the Senate won’t even allow it to come up for a vote."

Senate Republican leader Mitch McConnell, however, countered that if anyone is to blame for holding up the bill, it is the Democrats.

“Our friends on the other side have outdone themselves," he stated. "We first got on this bill in late June, and since then, Democrats have set it aside six separate times to move to something else. So from the beginning this bill clearly wasn’t a priority to them."

With unemployment stubbornly high across the US, debate on the legislation, which Democrats claim will create an additional 500,000 jobs, is likely to form a key battle ground in the run up to the mid-term elections, and President Obama would be keen to put his signature on the bill before the November vote.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Five Questions to Ask When You're Thinking About Starting a Business

With hundreds of thousands being laid off during this current recession many are starting their own business. Individuals are often attracted by the thought of more flexible working hours and financial independence.

But when they embark upon their new business venture, especially after sometimes spending many thousands of dollars, they are hugely disappointed with the return on their investment. Also people often have an unrealistic view of what running a business entails.

While setting up and running your own business can certainly be a great idea, even in this economic downturn, one has to tread carefully. People often choose a business that they have feel they have an affinity to and this can certainly have its advantages.

For example, some choose to go into the restaurant business because they enjoy good food and eating at great restaurants. However, being a guest at a restaurant and being a restaurant owner are very different.

Another mistake that people make is that they choose a business where essentially they're exchanging their time for money without any hope of ever being able to automate their business or at least elements of it. Hence, the time freedom which many dream of is not achievable. While starting any business will require a considerable investment of time to get the business off the ground, you should have a strategy whereby you can step away from the business and still have income coming in.

So here are five questions to consider when you're thinking of starting a business.

1. Is the business a good fit for you?

Do your due diligence and thoroughly research any business opportunity. Make sure that it is a good fit for you. Talk to other business owners working in the same industry to get a realistic idea of just what is involved in running the type of business you're considering.

2. How will it change your lifestyle?

Running a business will undoubtedly have an impact on not only your lifestyle but also that of your family and initially that impact may not be entirely positive. Ensure that you have the support and understanding of family members before you start out. This will help to ease the way forward later.

However, as your business becomes more established you'll expect your lifestyle to improve. So put in place clear indicators to let you know whether or not you're on target and adjust your strategy accordingly if not.

3. How much money will you have to invest?

Whatever your monetary investment you need to know how long it will take you to breakeven and how long it will take you to start making a profit. You especially need to know these figures if your initial investment is a large one. It's one thing to start a business with a couple of hundred dollars and quite another when you're investing many thousands of dollars.

4. Do the figures, etc. presented really add up?

Research any figures that are presented to you and, where possible, verify case studies that are presented to you. Unfortunately, it's all too easy to produce fake case studies, testimonials and even sales figures. Also remember that when case studies are presented it is usually the best case studies that are highlighted.

While the fact that one person achieves great success with a particular business model is proof that, given the same opportunity, someone else can achieve a comparable level of success the fact remains that many people don't. You certainly want to have high expectations of any business you embark upon but you also want to have realistic expectations so do your due diligence.

5. What additional training will you have to do?

If you're going into business for yourself you'll need to undertake training. In some cases the training will be a pre-requisite of the business you're going into. For instance, if you decide to buy a franchise then you'll have to undergo the training that company offers. However, there are so many new developments in the world of business that you have to keep your skills up-to-date.

So conduct a skills audit to determine what training you need and then seek out the necessary training. There's lots of training available and it can also be easy to get distracted so remember that it's important not only to learn new skills but to put them into action as well.

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Need an Executive Suite near Reno, Nevada?

Our Suites include:

• Live receptionist to receive and forward your calls during regular business hours and greet your guests
  

• 24 hour voice mail, automatically notifying you at any given time you request
  

• Conference calls with speaker phone
  

• Mailing services
  

• T-1 Internet Hookups
  

• Reception area signage and business card display
  

• 24/7 access
  

• Access to printer
  

• Photocopier available
  

• Postage Meter available
  

• On site Office Manager
  

• Janitorial included (5 days per week)

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

The Virtual Office - What Wikipedia has to say about the economic advantages and future of Virtual Offices

Economy

Virtual offices are experiencing growth even in a recessionary economy, and not just in the United States. As businesses look to trim expenses, virtual office services help reduce overhead while keeping professionalism high. For example, by paying for space and communication infrastructure on an as-needed basis, businesses can keep office expenses to a minimum. The portability of today’s technology also allows for a more flexible work environment. As businesses trend to a more “online” workplace, the notion of paying for space full-time becomes anachronistic. Traditional receptionists making $12-14/hour can be replaced with remote receptionist services at a fraction of the traditional cost.

Future

Surveys reveal that a greater percentage of the workforce desires a more “mobile” definition of an office. The new generation of entrepreneurs is embracing the virtual office instead of the traditional on a global scale. Many companies are incorporating the flexibility of a virtual office into their culture. Corporations like Accenture, IBM and Crayon are at the forefront of publicly-traded companies actively utilizing the virtual office concept. Even the world of academia has discovered the advantages of a virtual office. The virtual office industry has spawned a sub-industry; companies are now developing products & services specifically for virtual office applications. Companies have barely scratched the surface of the concept of virtual offices. Working virtually is the future for all businesses that seek to (points 1-8):

1. Make the world an extremely connected place, reaching smaller towns and cities across the globe.

2. Set up branches in important cities or abroad, regardless of current size.

3. Reduce carbon footprints by lowering consumption of fuel and electricity by eliminating distance variables and expanding boundaries for working creatively.

4. Cash in on the interaction technology wave and ensure that anything other than talent, skills, intelligence and aptitude are irrelevant (like a worker’s previously limiting physical location).

5. Expand hiring choices and provide a more comfortable working environment, less stress and a more balanced lifestyle while increasing personal productivity with time & money saved from zero commuting.

6. Cut commercial real estate costs with a viable alternative rents or leases and reduce large set-ups, hierarchies and innumerable administrative functions.

7. Encourage entrepreneurs who want to test a business location and expand their presence by removing the start-up company obstacles of infrastructure and fixed staff.

8. Have staff flexibilities instead of hiring secretaries

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website athttp://www.pinnacleexecutivesuites.com/

Rent an Executive Office in Reno or Carson City, Nevada

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Obscure Entrepreneurs in Nevada

Steve Wynn, who is known mostly for his work in the Strip casino resort business, is the entrepreneur that many think of when they think of Las Vegas. However there are many lesser-known entrepreneurs that are also doing quite well in Southern Nevada reports the Las Vegas Review-Journal.

Many kids still want to grow up to be firefighters or police officers. Jason Godfrey, though, always wanted to be an entrepreneur, following in the footsteps of his father, a convenience store owner.

The Las Vegas native earned dual bachelors degrees in managerial finance and accounting at the University of Nevada, Las Vegas.

He started as a valet at The Orleans at age 19, became a valet supervisor by 22 and advanced to valet manager at 25.

Godfrey completed half of the work on a master’s of business administration degree and then he dropped out to pursue a business opportunity.

He used money he saved, home-equity loans and investments from friends and family to buy Doc Holliday’s, an unprofitable 4,000-square-foot restaurant and bar, in late 2006. He was 28 and managing partner of a small business.

He changed the bar’s name to Sagos Baja Tavern Lounge — it’s named after a palm tree.

Godfrey and his wife, Lorena, spent most of their time at the bar so they would know when changes and improvements were needed. If a good customer liked a specific brand of beer, for example, Godfrey stocked it.

The Godfreys put an inflatable bed in a back room so they could rest without leaving the bar.

“For the most part, it seemed like it was get up, go home, shower and go back to work,” Godfrey said. “It was really scary for a little bit because all the bars around here were folding.

Like Cheers, the bar in the former television sitcom, Sagos is a local bar that everybody cares about, Godfrey said. “They come in here to get away from it all and to leave their worries behind.”

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Small Business Coworking Communities

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/

Entrepreneur.com Daily Dose - Finance Reform A Mixed Bag For Small Businesses

Entrepreneur.com Daily Dose - Finance Reform A Mixed Bag For Small Businesses

Pinnacle Executive Suites - located in Carson City, NV: Our goal is to provide the finest office space and best service possible to make the professionals and their guests feel comfortable with their surroundings. This goal is accomplished when you come in and enjoy your surroundings. We have tried to accomplish this through upscale furnishings, to show some affluence, without being ostentatious. Our staff has been selected for their genuine desire to help our professionals with their business needs and graciously welcome your guests. Our staff has many years of experience to assure the best possible service. Contact us today at 775-884-6123 or visit our website at http://www.pinnacleexecutivesuites.com/