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How to Turn Your Hobby into a Small Business

From running on a treadmill to playing the trumpet to writing haikus, there are lots of activities that we all enjoy to get some much-needed relaxation from the everyday stresses of life. So, in the entrepreneurial world, this begs the question: is it possible to turn one of your favorite hobbies into a formal, money-making business venture?

S Corporation Pitfalls to Avoid

When a business operates as a sole proprietorship or as a partnership, there are few legal and tax regulations that must be followed. However, if that business converts to a corporation, a number of things change and the owner(s) must adhere to these new expectations or run the risk of having the corporate form of organization legally disregarded.

Thinking of Quitting Your Day Job? 5 Things to Do First

Quitting your job can be risky and scary. Some people will even try to talk you out of it. Before quitting my job to co-own a leather goods line, I had great career paths at Goldman Sachs and Google.

From Idea to Launch in 6 Weeks

Starting a new tech business is an incredibly hard feat when you have minimal workers, minimal funds and only second hand knowledge and hypotheses. You might have the ability to make a stunning site with an incredibly innovative concept behind it, but there’s a whole load more behind making your startup business a success.

Tips for Being a Fitness and Nutrition Entrepreneur

If you are looking for a fairly easy startup idea with big earning potential, consider the health, fitness, nutrition, and weight loss industry.

Don’t Trademark Your Business Name Without These 3 Tips

To protect the small business you’ve worked so hard for, it’s important that you go through the proper channels to obtain a federally registered trademark for your name.

Fast Food Franchises Under Fire

Quick service restaurants make up one of the largest pieces of the franchise business opportunity pie. Or cupcake, cookie pizza, burger, or dish of your choice.

Startup Investor Money Always Comes with Strings

As an Angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and then disappear into the sunset. Would you do that if it was your money?

Make It Your Business to Floor Your Customers

The décor of your store or office can have a significant impact on the success of your small business. As such, you should try to decorate your business facility in such a way that it can provide a pleasant experience for your visitors and make your brand more visible and memorable.

An Overview of S-Corporations

The S-corporation is the most popular tax entity in the United States and the number of S-corps is increasing faster than any other type of entity. A for-profit, state-chartered corporation may elect S Corp status.

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