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Follow on Google News | ![]() A Recipe for Business Success in KentuckyKentucky’s General Fund receipts in May rose 17.8 % compared with a year earlier, according to figures released Friday by Kentucky state budget director Mary Lassiter’s office.
By: Cynthia Jackson Lassiter noted in the release that strong gains from coal severance and corporate income tax receipts have driven revenues ahead of projections through the first 11 months. “Individual income tax receipts accounted for the majority of May’s increase, exceeding the previous year’s total by $94.1 million, largely due to business activity from pass-through entities,” she said. “All of the large taxes are performing well during the economic recovery. We are now more confident that we will end the fiscal year ahead of budgeted levels. June’s receipts will determine by how much.” The state’s enacted budget calls for 4.5 percent revenue growth for the fiscal year. To meet the official revenue estimate, receipts can decrease 16 percent during June, according to the release. The most recent internal revenue estimate predicted revenues will grow 5.6 % for the year. May marks the 13th consecutive monthly increase, signaling a robust recovery in General Fund tax receipts, according to the release. Given the economic outlook going forward, consider starting your own business in Kentucky and the advantages of being self employed and working from home. Starting your own business in Kentucky does not necessarily mean a brand new invention or product. In fact, many successful small businesses have found a way to deliver an existing service or product more efficiently and economically or have customized an existing product or service to fit an opportunity. If you are motivated and entrepreneurial, and believe that you will do well with your own business and you are disciplined and willing and to put the effort, time and money, a home based business may be for you. If you are in career transition, or have always wanted to own your own business, your next career move might just be as a business owner of one of the nation's most sought after franchise companies the ACFN ATM Franchise. The ACFN ATM Franchise Business is headquartered in San Jose, California, where the company was ranked by the Business Journal as the 43rd Fastest Growing Private Company in Silicon Valley for 2007 - 2009. Entrepreneur Magazine's Franchise 500 listing for 2010 ranks ACFN, the only ATM franchise business in the US, #1 in category "Miscellaneous Financial Services". ACFN the innovative ATM Franchise Business based in Silicon Valley, is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses. “ACFN is a U.S. company with operations in all 50 States and Canada, however by utilizing our franchise business model we maintain the operating efficiencies of a local company”, says Jeff Kerr, Founder and President of ACFN. “ ACFN's ATM franchise equips you with the tools and the know how to manage the business". Avi Blankroth, Executive Vice President of ACFN says. "The process begins with each franchisee purchasing ATMs, while ACFN locates and contracts lucrative placement locations" About ACFN http://www.youtube.com/ Find out how you can benefit from ACFN to help deliver return on investment, positive cash flow and improved revenue. More information is available at: http://www.acfnfranchised.com/ American Consumer Financial Network (ACFN) 111 W. St. John St Sixth Floor San Jose, CA 95113 Tel: 888-794-2236 # # # ACFN is North Americas only ATM franchise focused on providing ATM services to hotels and other travel and entertainment based businesses. Providing ATM services since 1996, franchised in 2003 with 170 franchises, 1400 ATM Machines in the US and Canada. End
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