Starting a Business Articles For Entrepreneurs & Small Business OwnersBest Time to IncorporateThe 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 [...] Hiring For StartupsOne 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. [...] How to Pick the Right Franchise for YouPeople 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 [...] How to Start a Business While Raising a FamilyJoe 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 [...] 6 Helpful Tips to Jump Start your Online BusinessHaving 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 [...] Home-Based Businesses & Franchises Growing In PopularityAre 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 [...] 12 Things You Need To Ask Your Business Insurance AdvisorSomeone 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 [...] Proper Steps For Funding And Staffing Your New BusinessTo incorporate any great idea into the mainstream business world, you need a great business plan that clearly defines your goals, purpose and direction of this idea. To put this idea into motion, however, the business plan that you write has to corral funding, a seemingly tricky phase for many small business professionals that have [...] The Top 8 Franchises to Own in 2012If 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 [...] 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 [...] Starting a Business – 6 Important Resources for Start UpsInc.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 [...] 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. [...] 2013 Business Opportunities – Great Business Ideas For 2013As 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 [...] 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 [...] How To Get Business Financing From The SBAThe 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 [...] Starting a Business Cheat SheetSmall 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 [...] 2012 Worst Franchises to Buy According to SBAThe Small Business Administration gave data to BlueMaumau.org on franchises that continuously failed to meet their loan payments. This is the same list given by the SBA to its affiliated lenders throughout U.S. Topping the list are ice cream shops and quick service restaurants. They lead the lowest performers among major franchise brands in terms [...] CruiseOne to Award Free Franchises to VeteransAfter launching new careers in the travel industry for five unemployed educators in 2010 in its ‘Second Chance at Success’ campaign, CruiseOne will be doing the same for former military men. ‘Operation Vetrepreneur: Become Your Own General’ is open to those who are retired, off active duty and/or were honorably discharged prior to May 15, [...] Low Cost Franchises Are Becoming More PopularThe Franchise Business Review reports a significant growth in franchise opportunities in its survey of over 11,000 franchisees. This growth is manifested in low-cost businesses with investments that range from $5,000 to $150,000. Most of these franchises are involved in offering services rather than goods. During the economic downturn, many franchisors reduced their initial franchise [...] 7 Tips to Buying a Business or Franchise for SaleWill you achieve your dreams or plans for the future by buying a business or franchise? Will this fit the lifestyle that you want? Buying an existing business or franchise is advantageous because both have an established customer base and ongoing operations or an operations template. Financing from traditional sources is also easier. Below are [...] |
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