New Business Startups | Advice from Entrepreneurs
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Expert Advice for New Business
10 Movies Every Entrepreneur Needs to Watch
Whether itís a heartwarming adventure, irreverent comedy or thought-provoking documentary, a film can inspire and motivate a weary business owner.
10 Online Classes Every Entrepreneur Should Take Before Starting a Business
There comes a time in many people's lives when they long to own their own business, to be captain of their own destiny and the architect of their own fate. For far too many people, this dream dies unanswered. Those who answer the call, however, find that great rewards only come to those brave enough to take chances--and smart enough to learn as much as they can about business before taking that fateful leap.
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5 Common Mistakes When Incorporating a Business
Incorporating a business is a great way to protect yourself. Incorporation creates a distinct legal entity that is separate from its owners. As opposed to a partnership or sole proprietorship, incorporation limits each ownersí personal liability for any business debts. No personal assets would be on the line, protecting valuables such as your home or car.
However, the process of incorporating a business is complicated. Itís easy to make a mistake that could end up costing you thousands. Here are five common mistakes businesses make when incorporating and how to avoid them.
5 Mistakes To Avoid When Starting Your Own Business
Launching a business in midlife can be fulfilling and lucrative, but too many first-time entrepreneurs make big mistakes in the process. Itís no wonder that 80 percent of new companies fail in the first three years.
5 Questions Every Startup Should Ask Before Choosing an Incubator
When you're in the kitchen, you have a choice between cooking everything from scratch or using pre-mixed ingredients to make the process quicker and easier. Starting a business isn't all that different.
7 Entrepreneurs You Should Start Following Now by Jeff Shore
Want some inspiration? Start following inspiring people.
7 Expert Ways to Better Manage Cash Flow
by Shama Hyder
Cash flow is king, but how exactly do you strike the right balance?
Accounting for Small Business
One of the benefits of using a CPA firm to maintain your books is that you can get audited financial statements which are required for bank loans. You also get tax advice and tax filing in today's world of fast-changing tax laws. Think about what government benefits you might have missed with the COVID-19 legislation aimed at small businesses.
Trying to keep your books yourself might be costing you serious money.
Deciding Between a C Corp and an S Corp
When starting a new business, entrepreneurs often get confused about how they should structure the company. Should it be a C or S corporation? Whatís the difference?
In our previous post on drafting buy-sell agreements, we mentioned corporate structure was an important decision that could significantly impact your tax burden. Here are the key differences between an S corp and a C corp to help you make that decision.
Essential Technology for Your Startup
With the fast pacing world that we live in today, itís important that small businesses are up-to-date on their technology to compete against their competitors.
Insights and ideas for software startups.
Starup Company Lawyer
A very useful site with how to advice on all legal facets of a startup.
The 7 Traits of Successful Entrepreneurs
by Joe Robinson
Enter "entrepreneurial traits" into Google, and the menu of frequent searches will complete the query with "... of Steve Jobs" and "... of Bill Gates," among others.
Top 10 Hiring Mistakes Small Businesses Make
The team you assemble to get your small business off the ground will make or break you. Avoid these ten common hiring mistakes to give your company the best chances for success.
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Writing a Mission Statement for Your Business Plan
Knowing what your businessís mission is will help you create a focused business plan and get you closer to the funding you need to get your company started.