Announcing the New ADN Online Platform - Join Today!January 26-27, 2018 - Third Annual African Diaspora Investment Symposium Computer History Museum, Mountain View, California.From November 10th, 2017,Kigali-Rwanda.

African Diaspora Network Announcement View this email in your browser

Announcing the New ADN Online Platform - Join Today!

January 26-27, 2018 - Third Annual African Diaspora Investment Symposium Computer History Museum, Mountain View, California Join the New ADN Online Platform and Register Today! Dear friends and colleagues, It is with great pleasure that I announce the launch of the African Diaspora Network platform! Our vision from the beginning has been to connect Africans of the Diaspora, friends of Africa, and changemakers on the Continent to build bridges and foster fruitful partnerships through collective efforts and ingenuity. Well, I am happy to say that our vision has become a reality thanks to the support of 29 individuals and major funding from IDP Foundation. The ADN online network is designed for community-building and knowledge-sharing. In order for our platform to become a powerful tool with collective benefit, we need your support and participation. Building a vibrant community that interacts both off- and online has always been ADN’s goal. Now that we’ve taken the next step toward this goal, we ask that you continue to support our efforts. HOW TO JOIN THE NEW ADN ONLINE NETWORK Welcome to the new African Diaspora Network platform! Advertisement-free platform that protects the security and privacy of member information We are excited to announce the launch of this online networking platform crafted for community-building and knowledge-sharing. The ADN online network is distinct from other networking sites, in that we do not collect membership data for marketing purposes. As a registered member, you will have full access to a unique communication tool developed to enable productive relationships and expedite action. Join our campaign and help us populate the platform before December 31. The more of you join, the more the platform becomes invaluable to your needs!   JOIN IN THREE EASY STEPS: *Note that the first year ADN membership ($150/year) is COMPLEMENTARY for those who  JOIN by December 31!                                    Go to African Diaspora Network platform. Enter your email address and create a password.  Fill out the demographic and professional questionnaires. After completion, you will be prompted to REGISTER FOR ADIS 2018 should you decide to attend.  How to Register for ADIS2018 Go to African Diaspora Network platform – in order to get 25% off. Sign up for ADIS 2018.  The option to register for ADIS will show up once you complete the registration. Go through and complete the payment processing section. Confirm all your entries. Receive the 25% discount code for ADIS2018. DONE!   Why Join the African Diaspora Network Platform? Password protected individualized access to the platform. Register before December 31, 2017 and receive a 25% discount to ADIS 2018. The ADN online network is distinct from other networking sites, in that we do not collect membership data for marketing purposes. Our advertisement-free platform protects the security and privacy of member information. You will have full and free access to an exclusive member database for a period of 1 year with search capabilities, communicate with leaders from within and across sectors! The ability to create a circle of connection from members in the database, with whom you frequently communicate, as well as the ability to add/exclude from your circle of connections. Our members have a wide range of expertise, from investment to entrepreneurship, from technology to agriculture, from community development to policy. The website’s functional communication tools and professional messaging platform expedite the process of deepening dialogue and effecting change. Ability to post your picture, bio, needs and interest on the platform. Ability to send short messages to fellow members (without seeing their email address).  We care about individual privacy and as such you will only see first and last name, and area of expertise -- no other demographic information.  Note that the person to whom you are sending email has the right to accept or ignore your invitation.  Safe forum to explore opportunities, float ideas, challenge thinking, and develop engagement skills. Free access to ADN Forums and events. Discounts to the African Diaspora Investment Symposium and to partner events. For more information, please contact Sarda@africandiasporanetwork.org. Sincerely, Almaz Negash Founder, African Diaspora Network Convener, African Diaspora Investment Symposium Special Thanks to the Seed Funders of the African Diaspora Network Technology Platform Dagnew Amdemichael, DT Investment LLC Odomitchi Anikpo Ciaran Byrne, Seed Afrika Ed Callan, Callan Consulting FJ Cava, TECHAiDE Carolyn Gannon, SVCF Donor Circle for Africa Olaf Hahn, Robert Bosch Foundation - ESSA Gamila Halim Chad Jordan, Arrow Global Capital Musimbi Kanyoro, Global Fund for Women Muhingi Kanyoro Michael Kuntz, Simusolar Cordialis Kasago, The African Pot Nutrition Marcella Mujana, International Organization for Migration Dr.Isayvani Naicker, Department of Science and Technology - Republic of SA Dinah Njuguna. Sapientia Amy P. Reid, Axcon Energy Ltd Ayomide Shittu, Young African Professionals Ammin Youssouf, Afrobytes Josephine Adesina, Mustard Seed Academy Tesfaye Johanson, Johanson.org Thato Keineetse, International Finance Corporation Yannick Lefang, Kasi Insight Dr. Daniel Omofoman, KNOW RFID Africa Initiative Regga Tekeste Andrea Ponce, Carnegie Mellon University Kafui Prebbie, TECHAiDE Manning Sutton, TechSoup Nuno Vungo, BigOne SAVE THE DATE: January 26-27, 2018 African Diaspora Investment Symposium 2018 Computer History Museum, Mountain View, CA, USA “Building Africa’s Future: Magnifying What is Within” Key Topics: Human Capital – Investment – Entrepreneurship – Innovation – Technology Engage in deep-dive discussions with panelists and cross-sector conversations with esteemed guests and participants at the African Diaspora Investment Symposium. Session Highlight: Impact Investment in Africa Saturday Panel Discussion | Impact Investment in Africa, Sponsored by IDP Foundation, Inc. Explore the impact investing space in Africa and ways the diaspora can invest in the continent. The session will include discussion on how social enterprises get into funds, how fund managers get investors and some obstacles with impact investing in Africa.  Follow us on social media! @AfricanDNetwork #SVINVEST #ADIS2018 Partner Event Announcements Capria is a global firm advancing and investing in the next generation of fund managers in emerging markets. Capria seeks investment managers based and investing i emerging markets that can deliver superior financial returns, scalable impact, and who are excited about joining the Capria Network. Capria has launched applications for its 5th investment cycle for those interested in working with Capria and seek investment. DIASPORA GLOBAL Conference and Networking December 28-31, 2017 31st December 2017, at the Kairaba Hotel. This year's theme is: Role of Diaspora in Nation Building, Political and Economic Inclusion & Investment and Entrepreneurial Challenges and Opportunities in the New Gambia, an Entrepreneur's Perspective. All Gambians living abroad and either looking for business opportunities or considering returning home are hereby welcomed to join. For more information, please visit: http://j17n.com/gambia/ and/or email: Albere Correa.  Jihad Hajjouji and Noura Liben are two students of Doug Galen at Stanford GSB, hailing from Africa (Ethiopia and Morocco), and enamored with African fashion. They are working on an idea to bring custom-made African fashion to the African diaspora in the US and would like to test a prototype with members of the diaspora in Silicon Valley. If you would like to give feedback, please share your e-mail address here. Thank You to Our Sponsors!

[SelfHelpNews] UNITED KINGDON: PRESS RELEASE....First Joint African and Caribbean Remembrance Day Parade...PRESS RELEASE....PRESS RELEASE

Subject: PRESS RELEASE....First Joint African and Caribbean Remembrance Day Parade...PRESS RELEASE....PRESS RELEASE
Importance: High

PRESS RELEASE….PRESS RELEASE…..PRESS RELEASE……PRESS RELEASE

We will remember them all…

First Joint Remembrance Day Parade

Sunday 12th November (13:00– 14:00)

(From Stockwell War Memorial) to

The African and Caribbean War Memorial

Windrush Square, Brixton

Followed by – The ‘REMEMBERED: In Memoriam’

Book Launch at The Tate Library, Brixton

(14:15 – 16:15)

---

An historic audience will be gathering on

The African & Caribbean War Memorial

Windrush Square

Brixton

London

SW2 1EF

Sunday, 12^th November, for the first ever Joint Remembrance Day Parade.

From 13:00- 14:00

This year, the Remembrance Day Service and Wreath-Laying Ceremony will include the attendance of The Leader of Lambeth Council – Lib Peck, The Mayor of Lambeth – Cllr. Marcia Cameron,

MP’s, dignitaries, and various speakers.  Military ‘March Past’, African Drumming, Libation, 2 minutes silence, plaque unveiling and a selection of multicultural events being held to commemorate all those from Africa and the Caribbean, who lost their lives during World Wars I, ll, and other conflicts around the world.

Everyone is welcome to this multi-denominational event.

Quotes:

Jak Beula CEO Nubian Jak Community Trust said: “The African and Caribbean servicemen and women who fought alongside the British Commonwealth during both World Wars, will be pleased that they too will be remembered this Remembrance Sunday. We will celebrate their heroism once more, and shed light on the contribution they made, and the part they played in the freedom we know today”

Sadiq Khan – Mayor of London said: "Britain owes an enormous debt to the African and Caribbean service men and women who fought alongside their British- based peers during the First and Second World Wars.  These brave individuals, who came from what was formerly the British Empire, sacrificed an enormous amount to defend the freedoms that we now enjoy.”

‘REMEMBERED: In Memoriam’ Book Launch: This publication is a collection of essays, articles and narratives compiled and edited by Jak Beula and Nairobi Thompson.  It is the most comprehensive account to date, of the contributions made by African and Caribbean Servicemen and Servicewomen during the two World Wars and has been produced as a Souvenir Journal to accompany the historic unveiling of the African and Caribbean War Memorial.  For more info visit www.acmemorial.com

Additional Information:

For more information, please contact the Nubian Jak Community Trust team.

Tel: 0203 697 1532/3 0207 692 4880

Website: Nubian Jak Community Trust

Email: info@nubianjak.com

Follow us on Twitter @nubianjak

Note to Editors: The Nubian Jak Community Trust is a registered charity, governed, administered and managed by a volunteer Board of Trustees. Interviews are available on request.  Joanne Jarrett.  Nubian Jak Community Trust, St Matthews.   Brixton Hill, London.  SW2 1JF

More important Links:

WHSS 2017 - Rwandan Students Scholarships (for Students in Rwanda Only)&[SelfHelpNews] FW: You are Invited: NAARC Meets in New Orleans, NOV 30 - DEC 2, 2017

The Commonwealth Youth center For Excellence (CYCE) is a corporation and a center to be built in Rwanda.

https://www.ethio.nl/comments/ethio_shimagile2.html

http://www.africanunionsc.org/2017/11/announcing-new-adn-online-platform-join.html

AUSC International Communication Office shares Latest Opportunities for Africans: Scholarships, Internships & Fellowships for Africans from Opportunities for Africans & Scholarship Positions Newsletters, Updated on Friday Published on November 9th, 2017, 7:30 a.m, Kigali-Rwanda.

AUSC

The Commonwealth Youth center For Excellence (CYCE) is a corporation and a center to be built in Rwanda.

 
The Commonwealth Youth center For Excellence (CYCE) is a corporation and a center to be built in Rwanda that is soon going to start operating from countries to countries that are members of the Commonwealth Community .

Corporation [View Movie Documentaries for Corporations]

Company type

A corporation is a company or group of people authorized to act as a single entity and recognized as such in law. Early incorporated entities were established by charter. Wikipedia

LLC or Corporation - Which Should I Select for My Business?

Everyone loves to give advice to new business owners. One common piece of advice goes like this: "Don't form an LLC. Form a corporation." Or, "Corporations are too complex. Just form an LLC." Confused? Let's sort out the differences between an LLC and a corporation so you can decide which business type is best for your business. 

LLC or Corporation - What's the Difference?

Business organizations (not including sole proprietors) must register as a specific business type with the state in which they do business.

All states recognize businesses formed as corporations, limited liability companies (LLCs) or partnerships, or variations of these forms. For a new business, it's often difficult to know which type of business is the best, considering all factors. This article gives you some information on differences and similarities between LLC and corporation business forms, the two most popular business types.

Why is an LLC NOT a Corporation?

There's no such thing as a "limited liability corporation." An LLC is a limited liability company,. It's not a corporation, and you don't incorporate a business as an LLC. Both register with a state, but an LLC doesn't "incorporate."
First, let's look at the two common types of businesses, for tax purposes:

• "Pass-through" Businesses
  Pass-through businesses are those in which the profits and losses of the business pass through to the owners or shareholders. In other words, the business income is considered as the owner's or shareholder's income, and the owner/shareholder pays the tax on his or her personal tax return. Limited liability companies, like partnerships, are pass-through entities.
   

• Separate Business Entities
  Corporations are separate businesses entities. The profits and losses of the corporation are taxable to the corporation, not the owners (shareholders).

How are LLCs and Corporations Formed?

• Limited Liability Company (LLC)Set-up
  An LLC is formed by one or more business people, as owners. The owners, called "Members," file Articles of Organization and set out an Operating Agreement. An LLC is a pass-through type of business, because the profits and losses are passed on to the Members depending on their share of membership.
• Starting a Corporation
  A Corporation is a separate legal entity. It is formed by filing corporate organization forms in the state where the corporation is located, and by designating shareholders, each with a specific number of shares. The corporation also creates a Board of Directors to oversee the corporate business.

How are Corporations and Limited Liability Companies Alike?

Both corporations and LLCs limit the liability of the owners/shareholders from the debts of the business and against lawsuits against the business.

Corporations vs. LLC's - Tax Differences 

Corporations and LLCs are different in how they are taxed. Because corporations are separate entities, they are taxed at the corporate rate, while LLCs are taxed based on Adjusted Gross Income of the owners. Here is an example:

• A corporation has a profit of $350,000 for 2007. That profit is taxed at the corporate tax rate of 35 percent.
   
• An LLC has the same amount of profit of $350,000. Its two Members each have a 50 percent share in the LLC, so each one is taxed on $175,000 of income on his or her personal tax return. The income from the LLC is included in the 1040 on line 12, and is considered along with other income for that person or couple for that year.
• An LLC may choose to be taxed as corporations, if this is advantageous to the company.

Corporate and LLC Owners and Taxes

The tax consequences to LLC and corporate owners are different. Owners of a corporation are not paid, but they receive dividends; they are taxed on their dividend income. Owners of an LLC are taxed like partners in a partnership; that is, they receive a distributive share of the profits each year, and pay taxes on that share on their personal tax returns.
Owners of an LLC also pay self-employment tax on their income from the business, while corporate owners who work in the business are considered employees and pay tax on their employment income, along with FICA taxes.
How you are paid - and taxed - as an owner of an LLC or a corporation could be a major factor in determining which form of business you choose.

A Third Possibility - An LLC Taxed as a Corporation

Just to muddy the waters, you might want to consider forming an LLC and then electing to have the LLC taxed as a corporation or S corporation. While this is more complicated, it combines the advantages of the LLC with the tax benefits of a corporation.

Who Can Help Me Make This Decision? 

Still confused about whether to start an LLC or a corporation? It's a complex decision and one you shouldn't make quickly. As noted above, the tax consequences can be a deciding factor. Before you make a decision, talk to two people:
1. An attorney who has experience with both LLC's and corporations. A good attorney will consider LLC's in addition to traditional corporations.
2. A CPA who understands the tax differences between LLC's and corporations.
This article about 7 questions to ask before deciding on a business type might also be helpful.
For more information, check out this complete outline to my Guide to Business Types
Back to All About Limited Liability Companies (LLCs)

 

Chief Officer Abbreviations Explained: CEO, COO, CFO and More

There are a lot of abbreviations for top leadership positions that contain the words “Chief and Officer” in the title. It may be confusing to keep the players straight. It may help to explain that a corporate officer holds a management-level position, such as a President, Vice President, or General Manager. Other common positions include:

• CEO – Chief Executive Officer – This person is the highest ranking corporate officer.  They are the head of management for an organization.  They report to the board of directors. They make high-level decisions about policy and strategy.  The people that report to the CEO include:  The CBDO (Chief Business Development Officer), CFO (Chief Financial Officer), COO (Chief Operating Officer), CMO (Chief Marketing Officer), CIO (Chief Information Officer), CCO (Chief Communications Officer), CLO (Chief Legal Officer), CTO (Chief Technology Officer), CRO (Chief Risk Officer), CCO (Chief Creative Officer), CCO (Chief Compliance Officer), CAE (Chief Audit Executive), CDO (Chief Diversity Officer), and CHRO (Chief Human Resources Officer).  Steve Jobs was an example of a top CEO.  To find out more about these other chief officer positions, click here.  Check out:  The Best Performing CEO’s in the World.
• COO – Chief Operating Officer – This person is responsible for the day to day operations or an organization.  Not all companies have one.  In 2006 more than 60 percent of Fortune 500 companies did not have a COO.  This person may also be called the company’s President.  This person could be thought of as the second in command behind the Chairman or CEO.  An example of a top COO is:  Tim Cook was the COO for Apple before replacing Steve Jobs as CEO. Check out: List of Famous Chief Operating Officers.
• CFO – Chief Financial Officer – This person manages the corporation’s financial risk.  They deal with data analysis, financial planning and record keeping.  Although they report to the CEO, they may also sit on the board of directors.  Peter Oppenheimer is Apple’s CFO.  Check out:  Bonus Babies . . . The Best Paid CFO’s.
• CMO – Chief Marketing Officer – This person is the head of sales, product development and all things marketing-related.  The CMO can report to either the CEO or COO. Their job is to obtain growth through sales and marketing.  The CMO has become more commonly discussed in recent years.  Check out:  The Chief Marketing Officer . . . A new Boardroom Role.
• CIO – Chief Information Officer – This person is the head of information technology.  They may report to the CEO, CFO or COO.  They must create strategic goals to increase information accessibility and manage integrated systems.  The CIO and CTO roles are often confused.  Check out:  What is the Difference Between CIO and CTO.

There may be other chief officers’ positions in other industries as well.  For example in hospitals there could be a CMO (Chief Medical Officer), a CNO (Chief Nursing Officer) and a CMIO (Chief Medical Informatics Officer).

Definition of a Limited Liability Company or LLC

Like a corporation, a limited liability company or "LLC," is a separate and distinct legal entity. This means that an LLC can get a tax identification number, open a bank account and do business, all under its own name.
How Does an LLC Protect You?
One of the primary advantages of an LLC is that its owners, called members, have "limited liability," meaning that, under most circumstances, they are not personally liable for the debts and liabilities of the LLC.
For example, if an LLC is forced into bankruptcy, then the members will not be usually be required to pay the LLC's debts with their own money. If the assets of the LLC are not enough to  the debts and liabilities, the creditors generally cannot look to the owners for payment. Their debt was with the LLC, not the people that owned the LLC.
Benefits of an LLC: Flexible, Scalable, and Simple
LLCs aren't bound by the same rigid rules of corporations, but this doesn't stop them from being just as useful. It doesn't matter if you're a one-man business or if you have hundreds of employees, an LLC keeps protecting you while allowing for expansion and growth. With an LLC, there's no requirement for special meetings, extensive corporate records, or many other formalities. Limited liability companies are even flexible when it comes to taxes, offering lots of options so you can create a tax plan that works for you.
This simplicity, protection, and ease of use have made forming an LLC a popular choice for small businesses in America.
LegalZoom makes it easy and affordable to form an LLC. Get started by answering a few questions about your new business. We use your answers to assemble your LLC documents and file them with the Secretary of State, and you will receive your completed LLC package by mail.

Ready to start your LLC? START AN LLC ONLINE NOW

previous

Common LLC Terms

next

Ownership Percentages

Related Content

• Limited Liability Company: Introduction
  For hundreds of years, the three choices of business entity were sole proprietorship, partnership and corporation. However, the LLC was invented in 1977 by the state of Wyoming to fill a new need—businesses that wanted to be managed and taxed like partnerships, but protected from liability like a...
  read more
• Common LLC Terms
  Before forming an LLC, you should be familiar with these common terms used when discussing LLCs. Member A member is a person who owns an interest in a limited liability company. Unless the articles of organization provide otherwise, the members also manage the LLC. Managing Member A managing member...
  read more
• Definition of a Limited Liability Company or LLC
  Like a corporation, a limited liability company or "LLC," is a separate and distinct legal entity. This means that an LLC can obtain a tax identification number, open a bank account and do business, all under its own name. The primary advantage of an LLC is that its owners, known as members, have "...
  read more
• Ownership Percentages
  LLC ownership can be expressed in two ways: (1) by percentage; and (2) by membership units, which are similar to shares of stock in a corporation. In either case, ownership confers the right to vote and the right to share in profits.
  read more
• LLC Advantages and Disadvantages: Overview
  Before forming a limited liability company, the business owner or prospective business owner should become familiar with the advantages and disadvantages of an LLC and how they compare to those of other business entities.
  read more
• LLCs Compared to Corporations
  LLCs are similar to corporations in that they allow you to start a business without worrying about unlimited liability. However, in creating the LLC, state laws provide some advantages over corporations. Advantages of an LLC
  read more

Related Articles

• Ten Entrepreneurs Who Hit It Big Before Turning 35
• Top 10 Companies Code of Ethics and Conduct
• Top 10 Company Mission Statements in 2011
• Famous Entrepreneurs Who Hit it Big With Humble Beginnings
• Researching Apple: Top 10 Most Useful Links
• Value of Top Companies in 2011
• The Top 10 Most Misunderstood Entrepreneurial Terms
• Top Five Things to Know to be a Successful Entrepreneur
• 50 Famous People Who Failed Before They Became Successful
• Top 50 Venture Funded Companies for 2011
• Top 5 Networking Tips for Small Businesses
• Time for a New Career? Change the Daily Grind to a Job of Your Dreams
• 50 Excellent Lectures for the Small Business Owner
• An Entrepreneur’s Startup Business Model Checklist

AUSC International Communication Office shares Latest Opportunities for Africans: Scholarships, Internships & Fellowships for Africans from Opportunities for Africans & Scholarship Positions Newsletters, Updated on Friday Published on November 9th, 2017, 7:30 a.m, Kigali-Rwanda.

 

1)Take Case of Corporation:

Join the COMMONWEALTH YOUTH CENTER FOR EXCELLENCE

 2)Take Case of LLC:

AGACIRO Beta Maximal International Corporations’ Start (ABMICS)”For Bringing New Jobs in Africa” Officially Created at African Union (AU) Headquarters-Wednesday ,November 1st, 2017-Addis Ababa, Ethiopia.

Approved by

AUSC President's Office.

Kigali-Rwanda.