Villanova University law student awaits 501(c)3 status for his organization to help Haiti

When the earthquake in Haiti was reported, Peter Groverman, a 27-year-old Villanova Law Student, received a text message that sparked a humanitarian mission. He told Philly.com the message from a friend read, “Are we going to Haiti?” He instantly knew he not only want to go to Haiti, but he wanted to form a nonprofit […]

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Choosing the right credit card can cut costs for small businesses

The Small Business Administration’s 2009 business credit survey revealed that 59 percent of small businesses choose to make payments with credit cards, yet 79 percent of entrepreneurs say the terms of their credit cards got worse over the past year. A report from MSNBC.com suggests that choosing the right card might help small companies solve […]

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Want to start a company but strapped for cash? Consider a virtual office

Economic hard times can still be a good time for business formation; the SBA reports success of entrepreneurial pursuits heightens in recession. But finding startup funds can be one of the biggest barriers to business formation in a downturn, so entrepreneurs should think about how to cut costs on founding finances.

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Why it might be wise to convert your business to an S corporation

Entrepreneurs about to undergo business formation should think carefully about which business types are best suited to their enterprises’ needs. For instance, different entities come with different tax benefits. The Christian Post offers some insight on the advantages of an S corporation.

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Tennessee sponsors a competition to give business formation a boost

The Development Corporation of Knox County in Tennessee boasts of its devotion to promoting long-term business development within the state. The state agency offers resources to entrepreneurs interested in starting all business types, and it will soon host its annual startup business competition.

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