Startup
The Game of Life Begins Again Now
Are you disappointed in yourself that you made a mistake you simply should not have made? We’ve all been there. We all (at least, I) continue to “be there” from time-to-time.
Guidelines for Home-Based Business Licenses
Whenever you’re starting a business, whether you’ll be working from home or setting up a store on Main Street, there are a number of legal considerations to explore. The specific licensing requirements vary state by state, as well as by business type.
The First 5: How to Hire Those Critical Early Employees
Similar to the foundation of a house, the founding team of a startup ultimately determines its future and potential for success—it’s the base on which the rest of the business will be built. Without a strong, durable, and well-balanced founding team there for support, a startup could crumble under the pressures of entrepreneurship.
Franchisors, Franchisees, and Their Employees
McDonald’s is facing a lawsuit which the franchise industry needs to watch. Workers at McDonald’s are suing the franchisor, not franchisees, for employment issues. In these suits, they argue that McDonald’s corporate and franchisees are joint employers and act as a single unit.
Can You Borrow Your Way to Success?
In order to be able to obtain a loan, SBA or conventional, you must meet the basic financial institution risk rating, which is known as the “5 Cs of Lending.”
Some Entrepreneurs Get Big Value from an Incubator
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute.
Threading Her Way to Success
As a child in India, Reema Khan used to spend hours after school helping out at her mother’s beauty salon. That experience came in handy after she moved to America, got an MBA, found a job, was laid off—and had to figure out her next best step.
Diversify Your Portfolio with a Franchise Business
As an investor, if you have a healthy portfolio, you are always looking for ways to diversify your holdings. Owning a small business or franchise opportunity can be a smart addition which gives you the option to stay engaged in the semi-absentee model of operations while keeping your day job, so to speak.
S Corp vs. LLC: Simple as Choosing Salt or Pepper?
When choosing an operating entity for a company, it is very important that we thoroughly research the options available. Your business can be a sole proprietorship, a partnership with someone else, a single member LLC, a pass-through entity like an S Corporation or it can be a C corporation.
The 3 Most Important Lessons I’ve Learned from Starting Up
I’ve been an entrepreneur for more than half my life. At 16, I founded Buzz Marketing Group, the youth marketing and influencer agency I still run today. It’s been a long road to get to where I am today, but I’ve loved every minute of this journey.
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