We live in a litigation friendly country and because there are a so many people who use the legal system as a means to profit instead of recover, it is important that the new entrepreneur be cognizant of all state and federal laws when forming an LLC. Here are five legal pitfalls to avoid when […]
Entrepreneurs know there are several steps to business formation, but putting together a comprehensive business plan doesn’t always have to be difficult.
For an entrepreneur, part of the draw of working to create a corporation is being his or her own boss. A new study shows that this independent feeling also gives small business owners great satisfaction.
Over the past few years, HGTV executive Lori Asbury has taken one of her childhood loves – horseback riding – and worked to create a corporation of her own around the pursuit, the Knoxville News Sentinel reports.
The U.S. House of Representatives will soon vote on a small business loan fund proposed by President Barack Obama earlier this year to promote job growth and new business formation.
The U.S. Bureau of Labor Statistics says sustained business formation is necessary to maintain economic recovery. In some areas of the country, new companies and new jobs are needed more immediately. For instance, the BLS reports that Ohio currently has an unemployment rate of 11.5 percent.