If you want to run a successful business, you have to come up with a strong business name. And if you run your business under a name that’s not your own, you need a “DBA” (“Doing Business As”). The good news is that if you create a DBA, you can use just about any name [...]
Part of the beauty of having your business in the United States is that you have a great deal of leeway when it comes to selecting retirement accounts for self-employed people. And ever since individual 401k plans became available, more and more business owners have taken advantage of this option. Let’s see if an individual [...]
When you start your small business, one decision you have to make is how to form your entity. Many entrepreneurs find it difficult to decide between the LLC or sole proprietor business structure. The best way to make that decision is to take a few minutes to really understand the differences between the two. Let’s [...]
If you are in business for yourself, you have to know how to interview people. And you need to be very good at it. You probably don’t have an HR department, and you have to be efficient with your time. But you have to get it right. There is nothing more expensive than hiring the [...]
Small business owners tend not to think about continuation, but that’s often a mistake. If your business generates any profit, it’s worth something. Sometimes it’s worth a great deal. It makes perfect sense to spend a little time to protect your enterprise with a small business continuity plan. A side benefit is that the same [...]
I started looking into starting a business networking group recently. If you’re in business for yourself, you understand that your constant challenge is to promote your business. Business promotion, or marketing, can be very expensive. And just because you spend a great deal of money on promotion won’t guarantee results. In fact, my experience tells [...]
If you have an LLC, it’s important to understand that there are many Limited Liability Company tax advantages and disadvantages. If you are a small business owner, you have the option of running it under many different legal forms. One of those forms is an LLC or Limited Liability Company. This election has a number [...]
You can easily start a freelance business from scratch. All you really need are strong entrepreneurial ideas. You won’t need an office or to set up a separate legal entity to get going either. You also don’t need a great deal of start-up capital because as a freelancer, you’re selling your time…not a product. And since you’ll [...]
If you are in business for yourself, you probably will face or have faced a number of small business problems. Here are 5 of the most critical issues: 1) cash flow 2) working capital 3) having the right staff and keeping them motivated 4) having the right insurance and not overpaying for it and 5) [...]
Here’s a detailed list of what you need to do to start a business. It may seem like a daunting task. You might tell yourself that there are a million things you need to get done. To be frank, there is a lot to get done. But since you can only do one thing at [...]
Subscribe via RSS