How To Start a Business | A Full Guide With Actionable Steps to Take

Four cubes, on is being flipped

You don’t have to start with a completely clean slate to be an entrepreneur. Buying an existing business, in fact, has some notable advantages over starting a business from scratch. When you buy an existing business you’re taking over an operation that’s already generating cash flow, so it can be inherently less risky than starting … Read more

Do I Need A Business License In My State? | Various Regulations Across the USA

Every state is different in how business licenses are handled. While it’s true that most businesses will need a license to legally operate in their established state, it’s important to understand the differences between each state.In states that don’t require a business license, there are still requirements that must be adhered to. Explore each of … Read more

Trademark Cost | Registering a Business Name, Logo and Slogan Made Easy

trademarks cubes

If you have a business, the idea of getting a trademark might interest you. Despite the temptation, this process isn’t exactly straightforward and can leave many people overwhelmed by the costs and paperwork. The good news is that this process doesn’t have to become a total headache when you’re equipped with the right information and … Read more

How To Apply for Ein Number | A Crucial Part of Starting and Running a Business Explained

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An Employer ID Number (EIN), also called a federal tax ID number (FEIN), is a numerical identifier used by the IRS for businesses and other types of entities, such as charities or trusts. Getting an EIN is an absolute requirement if your business has employees. While not all businesses technically need an EIN, it makes … Read more

How Sole Proprietors Are Taxed | Guide to Which Taxes You Need to Pay, Forms to Fill Out & Potential Deductions

Taxes with a calculator and a pen

It’s that time of year again: tax time. Many things have changed in the past year, perhaps one of them being your employment status. If you’ve recently become a sole proprietor, you may be totally confused and overwhelmed by the prospect of filling out your taxes. However, dealing with taxes as a sole proprietor doesn’t … Read more

Successful Business Owner Traits | 12 Important Characteristics of an Entrepreneur

business owner

Some traits you’re born with. Other traits you can acquire through practice, repetition and education. When it comes to successful business owners, they tend to have both types of traits, some from nature, others from nurture. The key to success is identifying the traits you already have, the traits you need to work on and … Read more

How To Incorporate | The Rules and Regulations You Need to Be Aware Of

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If you are interested in incorporating your business, you may anticipate it to be a challenging, time-consuming process. While it’s true that each state has different rules and regulations for incorporating a business, the basic outline is the same.We’ve spoken before about the specifics among each state, so we won’t go into that here. But … Read more