Starting your own corporation doesn’t have to involve beginning a new business. By using your corporation as a vehicle to buy an existing business, you can avoid several risks. An existing business already has a proven market, customer base, location, and reputation. Your corporation can purchase all of those things from the current business operator.
There are numerous reasons to form an LLC or other type of business but there are also reasons that starting a full time business may be a bad idea. We’ve compiled 5 of the wrong reasons to start a business and some alternatives to help you test the waters before going full time.
Your business is new and all you know for sure is that you need cash. You can’t open your business startup on your own and you’re looking for funding. There are a few options available to you. Although you may not qualify for some of these, they are worth looking in to and knowing about […]
Providing a similar service as PayPal – with a focus on groups instead of just individuals – is the purpose of the WePay web-based payment platform. WePay raised $1,650,000 of first round financing just two years ago when the service was an invitation-only beta test. The company raised an additional $7,500,000 in the summer of […]
How many motivational seminars or books have stressed the power of the mind? As somebody starting a business soon or as somebody who has just opened their doors, you’ve undoubtedly found all of the advice you could before jumping in but how many times have you heard advice about the power of the mind? It’s […]
Small businesses are the innovators of the world and that innovation has no boundaries. Although the boring corporate retreat may not be high on the list of humanitatian concerns, it’s important to executives all over the world and that can mean profits and a lot of them. Putting for profits may have solved one of those problems.
With the economy the main focus of the upcoming 2012 elections, pollsters are providing small business owners a multitude of valuable information regarding the economy. In nearly every business, the way people feel about the economy drives their purchasing decisions. When the economy is seen as strong, spending rises but when it is viewed as […]
Pulse is a business that provides a newsreader for iPhone, iPad, and Android. The company has recently raised $9,000,000 from a group of venture capitalists. This brings the total outside funding for Pulse to $10,000,000. Pulse will deploy the new funds to expand its engineering team and develop its application for more platforms. The company […]