Sole Proprietorship vs. LLC: Which One Is Right for Your Business? (Infographic)
Did you know that thousands of businesses are started in the United States every year? The country reported 4.41 million new business applications in 2020. As an entrepreneur, one of the most…
How to Pick Your Work Space - Home Office vs Coworking space
Being an entrepreneur comes with many perks. Apart from coming up with a new idea and being the first to introduce it into the market, you get to set your schedule. You’re your own boss. You…
The Impact of Lowering Interest Rates on Small Businesses Lending
Interest rates are on the decline again from a recent peak. That should pique the interest of small businesses. Borrowed capital is the lifeblood of many such businesses, especially startups and…
Why your organization needs to outsource its payroll processing
Every business organization usually has more work to do than time; regardless of their time-management prowess. A good solution for this headache is outsourcing. Non-core business functions like…
Top Reasons Businesses Fail In The First Year And How To Avoid This Fate
Energy, enthusiasm and an entrepreneurial spirit are great assets to possess when launching a business venture. They often are not nearly enough. About 20% of businesses with employees fail within…
The benefits of being an Independent Contractor
An independent contractor, or some call a “freelancer” is someone who is providing a service or talent to a variety of clientele with no long term committed employment contract. It has…
Successful Startups Avoid These Common Mistakes
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 your mind on the accelerator,…
All things Sole Proprietor and Partnerships
Imagine: you have surpassed gifting your homemade jewelry to friends and family and have bravely decided to take your talents to Etsy. As an individual starting your own business, there are many…
Entity types: which option is best for my business?
The first decision most entrepreneurs face when starting a business is to choose its structure or entity. Entity choice is a critical decision, as it has far-reaching legal and tax consequences. At…
