If you have a successful small business and you run with a partner, what exactly is the liability of partners? Well, if you set up a partnership agreement, you can spell that out exactly. If you don’t have a partnership agreement or the agreement doesn’t cover a specific issue, your responsibilities and liabilities are pretty […]
Small Business Strategies
Owning your own business might be the key to your personal and financial freedom. But if you are already in business, are you running your shop to its full potential? If you are trying to become self-employed, where do you start? Which pitfalls must you avoid? You find all the information you need to find a business idea and launch your business - and keep it running smoothly once you open your doors.
(This category contains some of the most powerful tips on the entire blog. That’s because I love being an entrepreneur and love helping others who want to do the same. )
Best Accounting Solutions for Small Business Owners
Even the best small business lives and dies by the accounting solutions the owner implements. Your accounting systems, if they are good, can help you spot a problem before it becomes fatal to your business. After sales, there is nothing more important than the accounting systems you use. There are two major accounting solutions you […]
5 Powerful Ways of Advertising Your Business for Free
You can promote and advertise your business for free (or almost free). It’s easy to do, and the payback can be tremendous. It’s the best idea I have yet if you own a small business and want to retire rich. When you pay for advertising, it has low credibility and it’s expensive to communicate everything […]
How to Be in Business for Yourself within Six Months
If you want to have a business for yourself within six months, I’m going to tell you exactly how to do it. But it’s not just a question of having a good small business and enough working capital for your enterprise (although that’s important). It’s also a question of your personality too. Follow these 5 steps […]
How to Use a Professional Limited Liability Company to Run Your Business
If you qualify, you should strongly consider launching your business as a professional limited liability company (Professional LLC). If you love being self-employed, you’ll love the benefits of being a corporation and being a partnership. What are the advantages of being a professional limited liability company? They are much simpler and less expensive than corporations […]
“I Want to Make More Money” — Here’s How You Can
A buddy I know from the music scene called me up yesterday. After we exchanged a few pleasantries, he got down to brass tacks. He told me he was happy but needed to bring in more Benjamins. While I’m not the answer man, I did have a few ideas for my pal. The first order […]