Entity types

Top 5 Benefits of Being an Independent Contractor in 2024

The gig economy is becoming increasingly popular, which is why more and more people now want to work independently. Understanding the benefits of being an independent contractor can help you figure…


10 Most Common Startup Mistakes You Need to Avoid

Starting a business means you must master multitasking. Products and plans and a push for publicity all require your attention, and that’s just the beginning. With so much on your plate, it could be…


StockSnap

Sole Proprietorship vs Partnership: How Are They Different?

The Sole Proprietorship vs Partnership dilemma is one most small businesses face when trying to decide how to structure their companies. Imagine: you have surpassed gifting your homemade jewelry to…


Ideas

Intellectual property: protecting your most valuable asset

In the modern age, intellectual property assets are usually among the most valuable of a company’s holdings. Thirty years ago, a company might value its physical property, manufacturing equipment,…


Notebook mockup

Steps to starting a business – part II: ancillary considerations

In part I of “Steps to starting a business,” we covered the five essential steps to establishing your business, including your Federal Employer Identification Number, state formation documents,…


Is an LLC right for me?

Find Out Why an LLC is The Most Popular Business Entity

One of the most important decisions you will make as a new business owner is the legal structure of your business. This structure – also known as an entity – determines the income tax return form you…