Startup
3 Tips for Breaking into a Saturated Market
Let’s say you want to open and ice cream parlor, but there are already 10 in your city. Maybe you want to start a dog walking business but all the pooches are already being walked by the four others who have already established themselves.
Why You Should Incorporate Now!
Many business owners think they are “too small” to incorporate. They wait until business picks up or they are ready to expand to tack on that legal structure. Here are some top reasons why you should consider incorporating now instead of waiting.
Is Your Small Biz Ready to Leave the Nest?
Your business is booming. Congratulations! Now you’re starting to consider moving out of your home-based office to a commercial office location. That’s a big decision and one that shouldn’t be taken lightly. Finding the right location for your small business is critical.
How Does That Franchise Handle Upgrades?
Some franchisees find themselves in this happy position—and then the franchise “upgrades.” In other words, they make changes across the brand, and franchisees have to go along with those changes.
10 Mistakes Big Businesses Make with Small Business Owners
For several decades now I’ve been back and forth between working on and building my own business, helping others build theirs, helping people manage small business, and, occasionally, helping larger businesses understand and presumably sell to smaller businesses.
Don’t Let Investors Conclude Your Startup is a Hobby
Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return.
S Corporation: What Are the Benefits?
An S Corporation or S Corp is an eligible domestic corporation that has elected to be treated as an S Corporation for tax purposes. S Corporations avoid double taxation on corporate income.
What Do Franchise Turnover Rates Mean?
Item #20 of the Franchise Disclosure Document gives the FTR percentage, or Franchise Turnover Rate. This item can really bring up the problem some statisticians call the Memorial Day issue: looking at a number out of context doesn’t tell you much.
Why Parents Make Great Entrepreneurs
Starting and growing a business presents many of the same challenges as raising a family, and many of the same skills and attributes come into play in both pursuits. In fact, we firmly believe that parents are uniquely suited to be entrepreneurs.