Startup
A Brief Overview on How Tax Reform Affects Choice of Entity
The Tax Cuts and Jobs Act (TCJA), signed by President Trump in Dec. 2017, has significant implications for how businesses will assess the choice of entity. Prior to reform, partnerships were a very common choice…
5 Ways to Build Your Small Business Brand with Engaging Stories and Watch It Grow
Local small businesses need publicity too, even with a non-existent budget. The good news is, branding opportunities are abundant both online and offline. All you need is to write and tell engaging stories. And if…
10 New Venture Strategies That Often Lead to Disaster
Every entrepreneur I know has their favorite excuse for a previous failure—an investor backed out, the economy took a downturn, or a supplier delivered bad quality. These things outside your control do happen, but based…
Materiality and FDD Amendments: What Every Franchisor Needs to Know
Business is a world in flux. With circumstances, processes, and dynamics constantly changing, franchisors need to be mindful of material changes and meticulous in amending their Franchise Disclosure Document (FDD) as required by the Federal…
The 3 Phases of a Tech Startup
Most tech startups go through three phases: 3Fs, Seed and VC/Scale. Understanding these stages, and the objectives for each, is an important factor in strategy development and decision making. Not understanding the stage you’re currently…
Popular Small Businesses by State
All across the country, entrepreneurs are starting, or thinking about starting, small businesses. Yet, the kinds of businesses these resourceful individuals are pursuing are as varied as a map of the United States. Bid on…
5 Major Mistakes to Avoid Sinking Your Franchise Before You Even Open for Business
If you are thinking about buying a franchise, the decisions you make now could have significant consequences for the success or failure of your business down the road. From choosing the best franchise opportunity for…
The Best Franchise Opportunities for Veterans
You devoted several years of your life to serving your country. Now, you’re transitioning back to civilian life wondering where your next “mission” will take your career. Many military veterans consider entrepreneurial endeavors like small…
5 Key Successes Will Sustain Entrepreneur Inspiration
Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). In my experience, both are always required…
Contractor or Employee? 7 Things to Consider Before Leaving Your Day Job
Being your own boss sounds great, right? Make your own hours, nobody to tell you what to do, no more office politics. While being an independent contractor, such as a consultant or freelancer, can offer…