Startup
Do You Know Your Territory?
When purchasing a franchise, it’s important to evaluate, understand, and negotiate the assigned territory; this is the area within which your location is protected by the franchise agreement. If you’re not mindful of the territory…
Going Hyper-Local: How Sponsoring an Event Like Goat Yoga or a Garlic Festival Can Grow Your Business
For businesses of every size, maintaining a good reputation and relationship among consumers is essential for growth, but that’s easier said than done. Consumers support or reject companies based on the positions they advocate; 87%…
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…
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…
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…
What Law Should Apply to Your FDD?
When compiling the Franchise Disclosure Document (FDD), franchisors must consider closely the laws that shall apply to the franchise agreement. You want to be honest and transparent with prospective franchisees in the agreement, yet mindful…
4 Building Blocks to a Successful Restaurant Startup
The restaurant business is fiercely competitive and without the proper course of action, your new restaurant could easily become just be another statistic. Some people have a rather naive idea of the restaurant business and…
Should a Startup Outsource Product Development?
Outsourcing product development would seem to offer many benefits to a startup: lower cost, faster time to market and no fixed cost eating up runway every week. Product development companies that specialize in startups have…
4 Ways Earning an MBA Could Help Your Small Business Succeed
You don’t need formal education to succeed as an entrepreneur. However, a Master’s in Business Administration (MBA) can sometimes help to put you on the fast track to business success by offering you numerous massive…
Build Your Corporate Identity with These 5 Simple Branding Tips
Whether you just launched your business or organization or you already have a few years under your belt, you cannot deny that establishing a corporate identity and distinguishing yourself from a myriad of rivals can…
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