Posts Tagged ‘Partnerships’
Tax Implications of Business Collaborations: Guide for Startups
In today’s competitive environment, startups increasingly turn to collaboration to improve their growth prospects. By collaborating with other companies, startups can access new markets, share resources, and accelerate innovation. However, there are many different tax implications of business collaborations, which can lead to financial problems if not handled properly. In this article, we will offer…
Read MoreFrom Local to Global: Growing Your Startup into an International Success
Imagine a small startup that began in a garage and is now a household name across multiple continents. Think of Airbnb, which started in San Francisco and is now a global phenomenon. The journey from a local startup to an international business can seem daunting, but with the right strategies, it is entirely achievable. This…
Read More6 Considerations When Starting a Business as a Couple
Starting a business together can be the ultimate power couple move, but only if your relationship is strong enough to handle the ups and downs of entrepreneurship. If all goes well, you and your partner could build a successful business that grows over time — but ask yourself these questions before hopping into business together.…
Read MoreIRS Focused On Partnerships, Corporations, High-Income
IRS has announced sweeping efforts to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts have the IRS focused on partnerships, corporations, high-income, and promoters abusing tax rules on the books. Agency focus will shift attention to wealthy from working-class taxpayers; key changes coming to reduce burden on average taxpayers while…
Read MoreSmallBizClub Hosts Georgia Inc. 5000 Winners Celebration Event
The leaders of many of Georgia’s fastest-growing companies gathered recently for an inspirational celebration of the Georgia Inc. 5000 winners. The special event sponsored by Inc. not only honored current achievements but looked ahead to future growth. The October 19 event unfolded at Digital Ignition, an innovative co-working and office space located in Alpharetta, Ga.…
Read MoreLeveraging Athlete Partnerships: A Boost for Small Businesses
Small businesses often operate on limited budgets, juggling between expenses, investment, and marketing. In a competitive market, establishing brand awareness and building a customer base can be challenging. One underutilized strategy that can offer significant advantages to small enterprises is athlete partnerships. By leveraging athlete partnerships, businesses can enhance brand visibility, increase sales, drive foot…
Read More5 Keys To Negotiating Your Fair Share Of Any Startup
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity…
Read MoreMy dad said: “Never take on a business partner.”
My dad was a smart businessman, even if not formally trained. He occasionally gave me advice that turned out to be more than wise, looking back at subsequent experience and events. His personal teaching event was a typical experience, as I reflect now upon the tens of partnerships I have counseled over the years. Most…
Read MoreHow to Get Out of a Business Partnership Professionally
A business partnership is a great way to start a company. Through a partnership, a business can have many sources of capital to make it survive the test of time. The initial resources also give the startup an advantage in the market. However, there comes a time when things are not going as you had…
Read MoreWhich Business Entity is Right for You?
Have you been dreaming about starting your own business? Congratulations! But now what? There is a lot to think about when establishing your new business. One of the first steps for many entrepreneurs is setting up their business entity—whether you’re a rideshare driver, a real estate professional, or a graphic designer, setting up your business…
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