How to Choose a Business Name for Your LLC

You have created a rock solid business plan and you are ready to form an LLC. But how do you go about choosing the right name for your business? When you form an LLC, choosing the right name is about creativity and good planning. For a small business owner, choosing a name that reflects the…

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Pros and Cons of Entity Formation for Independent Contractors

One of the first and most important decisions independent contractors make is how to structure their business. The IRS offers a number of different legal business structures independent contractors can form under. Each of these types of entity formation have specific pros and cons that independent contractors should consider. Sole Proprietorship Whether they’re an athlete or a…

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Millennial Entrepreneurship Made Easy

Older generations like the baby boomers quickly dismiss the millennial class as lazy, narcissistic and entitled. But millennials like yourself don’t often get the credit they deserve. Not only are you part of the largest living generation in the United States, but as you and your peers are maturing into innovative leaders with a strong…

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Put Your Best Facebook Forward

With over two billion monthly active users, it’s clear that Facebook is a vibrant marketplace. Whether you only serve clients who live within a couple of miles of your brick and mortar location or you can sell to anyone on the globe, Facebook is a viable advertising option that you should consider in your marketing…

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4 Surefire Ways to Ramp Up Your Networking Results

Getting started as a small business owner is tough enough. You’re trying to build a solid team, perfect your product, and create a marketing strategy. That doesn’t leave you with a lot of time to network. However, you absolutely need to make it a priority as a new entrepreneur. If you don’t, you’ll be missing…

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Faster is Sometimes More Valuable Than Better

This is one of those arguable insights, where both sides win. Dell is a great example of emphasis upon fast, creating a customized computer in 48 hours or less, bringing in assemblies and components just-in-time to make the assembly line. However, if Dell quality were poor and returns high, the company surely would not have…

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10 Best Cost Cutting Ideas for Small Businesses

There’s no point in sugaring coating this: running your own business is hard. Very hard. According to FastCompany, after the first 5 years, only about half of all small businesses in the US make it to the 6th. Small businesses are constantly squeezed by increased expenses, making controlling costs more important than ever. Below are…

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Cold Calling Techniques That Really Work

My father was a great businessman, entrepreneur, successful CEO and avid reader. I’ve been fortunate enough to inherit his books, and I came across this older one recently: Cold Calling Techniques (That Really Work!) Have you ever cold called or do you now? Cold calling can be exhausting and frustrating. “I wanted to introduce you to my…

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How to Build a New Customer Base

Customers make an essential part of the growth of any business as they play a large role in determining how fast it can expand. If you are aiming to grow your business, the idea is to keep on growing your customer base by attracting new clientele. Finding and keeping the existing customers is just a…

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