If your business startup needs funding, you’re not alone. In order to maximize your chances of success, you must have adequate funding. Trying to start a business on a budget is rarely a formula for success and because of that, you will need funding.
When job opportunities are scarce, the most secure long-term employment is probably having your own company. However, the steps required to provide security with a small business are different than the actions you followed to find your old job.
If you’re planning to incorporate your business, both a S corporation and a C corporation require the same items. The first and most important item is your articles of incorporation. Although individual states differ slightly on the items they require, below are 1o items you should plan on including in your articles of incorporation as […]
It wasn’t long ago that becoming a franchisee was the business startup of choice for those with a medium to large amount of capital and the resources and experience to start a larger scale business. This changed when the financial crisis hit and credit dried up. With the average franchise fee being $20,000 to $30,000 […]
Starting a new business? If you are, you don’t want to wait very long before you register your business with your secretary of state. There are numerous advantages to forming an LLC but there are two that you must know:
Forming an LLC, when compared to other items you may need for your business is easy. If you have ever applied for a patent, you know that it takes a long time, requires a specialized patent attorney and will most likely cost no less than $10,000 and almost always much more than that.
Some people dream about starting businesses involving their passions. Others actually start such a business and fulfill the dream. Lucas Sommer is one of those who took action. He launched a business in 2010 based upon his passion for music.
High risk business ventures do yield high return results for a handful of companies. But it ends in total failure for almost everyone else. A better system for aspiring entrepreneurs is to realize that success doesn’t require having a brilliant society-changing concept.