Compared to other business models, forming an LLC is generally the least intensive option; it’s affordable, there’s limited paperwork, and the barriers to entry are low. That being said, plenty of things can still go wrong. Before you dive into the LLC process, be aware of these common mistakes—and talk to a few experienced founders. […]
4 Growth Tips for Modern Marketing Agencies
Thanks to low barriers to entry, low-cost tools, and widespread visibility, starting a digital marketing agency is not terribly difficult. Many firms have started from a home office and continued to be managed independent of a permanent location or commercial space. But there’s a significant difference between launching a digital marketing agency and scaling a […]
5 Financial Considerations When Opening a Second Business Location
When you decide you’re ready to open a second business location, you’ve likely been putting in an incredible amount of hard work already to achieve some success. It can be a fantastic feeling to know your dream is becoming a reality in more places than one. But before you can open another outlet, you’ll have […]
Does Your Business Have Standard Operating Procedures?
When it comes to be being successful in business, consistency is one of the driving factors. Companies that can consistently produce quality products that customers depend on will find greater success than those that haphazardly meander through their production processes. What is a Standard Operating Procedure? As Arbour Group explains, “A Standard Operating Procedure, or […]
3 Most Efficient Ways to Set Up Your Business’s Financial Systems for Success
Your financial system should be as precise as the grooves in a vinyl record. A solid financial system includes components like your accounting software, purchase approval process, receipt collection process, system for budget creation, and even your point-of-sale (POS) software. These are just a few examples; anything related to handling finances is part of your […]
The Easy Way to Find Any Email (and Improve Your Inbox Organization)
We’ve all had the experience of losing an important email. You can’t find it in your inbox, in any of the folders you might have put it in, and it doesn’t appear to be in your deleted items. In some cases, you might be able to retrieve the information by simply asking for it, but […]
10 Types of Paperwork You’ll Need to Create for Your Business
Nobody likes to think about the paperwork and documentation necessary to run a business, but your company won’t get far without these practical necessities. Thankfully, for most types of paperwork, this is a one-time process; once you have a core template in place, it will only take a few minor modifications to make it work […]
Is Your Business Ready for the Next Tax Season?
It feels like tax season is always just around the next corner. And that’s why you should make a point, particularly if you own a business, to always have everything ready and organize so the process of taxes can go as smoothly and efficiently as possible. There are all sorts of things that you can […]
Don’t Make These 5 Huge Blunders When Investing in Real Estate
Real estate investing is one of the biggest business and investing crazes of the century. Prominent investors often use real estate to diversify their portfolios. It’s also a stable, profitable venture that beginning realtors can use. But it’s not as easy as many get-rich-schemers would have you believe. Real estate investing is a complex business […]
Consider This When Receiving Advice from Others
Advice is something many people love to share, yet some have a hard time accepting from others, even when it’s sound. Perhaps it’s in our nature as human beings to resist being told what to do by others. If that’s how advice is perceived, no wonder people run from it. Who wants to be told […]
