BizFilings wants to help business owners Incorporate Your Dream^sm by providing the opportunity for one lucky business owner to win $5000 to fund a growing business.

It takes a lifetime for many individuals to learn the secrets to starting a business. For others, it might take as little as five minutes with some help from the host of Business Owner’s Toolkit radio show.

Business incorporation services leader BizFilings has been selected for the 2008 Madison Award in the Business Services category by the U.S. Local Business Association (USLBA).

Business Owner’s Toolkit, the total know-how for small businesses, is helping bring new business wishes to life this holiday season by telling the story of how Old St Nick became the successful business owner, Santa Claus.

The story of Nick becoming Santa Claus is chronicled in, Santa’s Storybook: A Dream, A Wish and a World of Inspiration.

Anyone can start a successful business, according to Norm Brodsky, lifelong entrepreur and coauthor of The Knack: How Street-Smart Entrepreneurs Learn to Handle Whatever Comes Up.  The key, he said it to learn the hard lessons before you get started.

Thinking about starting a new business in the food industry? The recipe for long-term success boils down to starting with the right ingredients:

INGREDIENTS FOR SUCCESS AS A FOOD ENTREPRENEUR

• Vision
• Mission
• Values

DIRECTIONS: Begins with clearly articulated vision for all stakeholders; Apply customer insights to create mission; integrate company culture. Add goals and measurement. Serves: Any entrepreneur well.

Challenges in the current economy are leading many successful business people in corporate America away from Wall Street and back to Main Street where they can realize lifelong dreams of owning their own business.

Question: Is it true that I save tax dollars if I form an LLC?

Answer: Generally speaking, personal tax rates are lower than corporate tax rates. Corporate income is taxed at 34 to 39 percent. Singles making under $80,000 and marrieds making under $160,000 have a personal income tax of 25 percent. This means that businesses with incomes that are less than $350,000 may experience tax savings by forming an LLC instead of a corporation.

Becoming the president of an international corporation used to take a lifetime of hard work. Now it can be done with a PC, strong entrepreneurial spirit and the remaining balance of 2008.

In preparation for Halloween, the Business Owner’s Toolkit offers 10 frighteningly-good treats for entrepreneurs who are ready to launch a new business. 

Instead of filling a bag with sugary-sweets, these treats from the Business Owner’s Toolkit and its sponsors will line pockets of business owners with savings: