If you’re planning to form an LLC or other type of small business, you may need some help. In fact, if you’re a new entrepreneur, you definitley could use a hand. Luckily, there are a lot of government agencies, non-profits, and companies who specialize in helping perspective or existing small business owners grow their business. One […]
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.
If you own a business, you should register it. Even if your business is in its infancy, a part time business, or very small, it is always a good idea to register that business. Here, we’ve included the basics of an LLC and why this designation is perfect for those with small scale businesses.
If a new business startup is a dream that you plan to make a reality in the near future, be careful to not find yourself in a trap that is common to many who have taken the journey you are embarking upon. It happened to me.
Is your new business venture based around a new product? If so, beware. Statistics show that less than 3% of all new products fail to gain $50 million in sales in their first year, the benchmark for a new consumer product.
If you have a new business, one thing is potentially on the horizon: How are you going to let your state and the Federal government let them know about it. You have to pay taxes on your income or you may have suffered first year losses but regardless, you have to report it. This is […]
Do you have a dream of forming an LLC or other type of business? Now may be the time. The economy has been tough on not only Americans but also people around the world. Nearly every sector of the economy has seen a profound slowdown but it could be the perfect recipe for the beginnings […]
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: