Starting a Business Articles For Entrepreneurs & Small Business Owners

Is Owning a Franchise a Business Risk Worth Taking?

For many who are reaping the benefits of franchising, the business model is a highly ideal one. Leveraging known brands often works better and invites more benefits than going through the whole process of creating and establishing their own. Entrepreneurs are also basking on the strategic support that franchisors offer, while also spotlighting the potential [...]

Read More

5 Reasons Venture Capital Is Bad For Start-Up Businesses

Getting venture capital used to be the focal point of an easy way out of investment woes, while ensuring fast business growth. For the longest time, aspiring start-up owners have been wired to believe it’s all about convincing investors of their venture’s massive potential for success through rock-solid business plans based on proven business processes [...]

Read More

Franchise Stats – Franchising Expected to Skyrocket in 5 Years

Franchising across all industries is set to boom over the next five years, two separate groups of business and financial analysis firms say so. FRANdata, a franchising activity analysis team found in a recent study that in 2014, franchise unit demands are expected to go up by about 12%. IHS Global Insight concurs, adding that [...]

Read More

12 Questions to Ask Yourself Before You Buy a Business

Going into business has so many advantages over being employed. It is challenging, that’s no doubt, but the benefits are worth every challenge. You experience financial freedom like never before, you become your own boss and most importantly, your life becomes one of learning and experiencing new things every day. You may decide to start [...]

Read More

Self-Employed? Five Reasons to Consider Incorporation

If you are one of the many who are self-employed and are experiencing business growth, you may want to consider incorporating your company. Incorporation means your business becomes a separate legal entity that operates under state and federal business laws. Considering the idea of incorporation means that you are ready to take your business to [...]

Read More

Best Time to Incorporate

The Best Time to Incorporate The best time to incorporate for almost any business owner is when: They first start the company When an existing Sole Proprietorship or General Partnership starts earning revenue or has any interaction with the public. The company operates in a highly litigious industry. For example, construction, consulting etc. You want [...]

Read More

Hiring For Startups

One of the most formidable challenges in launching a successful startup is finding the right mix of talent, skills and attitudes to support your business model. I believe that great ideas only come to life with great people, so follow these Do’s and Don’ts and you’ll be in good shape on the ‘human capital’ front. [...]

Read More

How to Pick the Right Franchise for You

People with the entrepreneurial spirit may find franchise ownership the right fit for their abilities and lifestyle. American Express Open Forum lists some introspection questions a would-be franchisee should ask before investing his or her money into a franchise business.  Does the business match my interest and skills?  Will I enjoy running the business?  Does [...]

Read More

How to Start a Business While Raising a Family

Joe Cassara, a contributor of the Young Entrepreneur Council, is running a consulting practice.  He also creates startups and sells houses.  On top of this, he is also a husband and the father to three kids under 3 years old.  How then, does he manage his time between his family and jobs?  He wrote at [...]

Read More

6 Helpful Tips to Jump Start your Online Business

Having an online business is a great way to earn while choosing your own schedule. But, how do you get started with your online business? It is important that you know the things that it would take to start it and get less stress. Anxiety creeps in as you see the business crumble because the [...]

Read More

Home-Based Businesses & Franchises Growing In Popularity

Are you looking for a business opportunity with lower budget?  Sara Wilson at AllBusiness.com discusses the increasing viability of home-based franchises.  The popularity of these businesses is benefiting many households nationwide as these home-based ventures generate at least 50% of the owner’s income, according to a survey by the Small Business Success Index.  Franchise lawyer [...]

Read More

12 Things You Need To Ask Your Business Insurance Advisor

Someone with the expertise and professional knowledge needed to help support business ventures of all descriptions, a business advisor is a vital contact for all companies. Whilst the nature of your dealings will vary somewhat depending on the industry you operate within, there are a number of universal considerations which need to be made. All [...]

Read More

The Top 8 Franchises to Own in 2012

If you intend to go into business, you have three options.  First, you can start a new business.  Second, you can buy an established company, and third you can own a franchise.  The last option may have the highest chance to succeed.  It has a tested and proven operation system, known brand, training and regular [...]

Read More

How to Run Your Business So You Can Sell It!

Starting a business and working to make it successful entail a lot of work.  An astute business owner should operate the business as if he or she is preparing to sell the business.  Industry statistics claim it takes five years or so for small businesses to change hands. For one reason or another, you will [...]

Read More

Starting a Business – 6 Important Resources for Start Ups

Inc.com lists some online tools entrepreneurs can use to meet the legal requirements for their start-ups.  LegalZoom can help you file for trademarks, form a corporation or LLC, and link you up to online sites where you can find more information.  LegalZoom charges on a per document basis.  The Rocket Lawyer is similar to LegalZoom [...]

Read More

Business Plans – Part of the Jurassic Age?

There’s no denying that we are living in an age where social media and tech startups are ruling the business world. With suits going out the window and slides going into the office toilet there is a massive shift in what we believed was the correct style of workplace. However there is still debate on one thing. [...]

Read More

2013 Business Opportunities – Great Business Ideas For 2013

As a forward-looking entrepreneur, think about your life style trends.  Address the future needs of your market and plan your business around them.  Many businesses would benefit from expanding their market – through untapped sectors of the society or going global.  Such situations open up opportunities in the marketing services.  Be a marketing expert who [...]

Read More

Which Small Towns are Best for Business?

The advances in technology have made it possible for small business owners to live outside of big cities.  People can now work anywhere and anytime because of the Internet.  “Boomtown, USA” author, Jack Shultz, gave OpenForum.com his take on the best small towns for business.  His choices have populations of less than 100,000.  Among these towns [...]

Read More

How To Get Business Financing From The SBA

The U.S. Small Business Administration has various loan programs that provide business financing for small businesses.  It particularly caters to new and existing small businesses that are unable to secure business loans from lending institutions on their own.  In the mid-90s, loan guarantees amounted to about $10 billion.  By the 2000s, this has grown to [...]

Read More

Starting a Business Cheat Sheet

Small businesses have grown since the recession.  In the past few years, the nation has seen the highest number of new startups.  We also have a historic number of small business failures.  Would-be entrepreneurs could very well use cheat sheets to steer them through their business ventures.  A business cheat sheet is a business-planning checklist [...]

Read More