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

Small Business Failure Rate | Common Reasons Why Companies Fail & How to Prevent It

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Common sayings about small businesses get thrown around that are too often taken as truth. Most of us have heard someone say that 50% of all small businesses fail within the first year or that 90% of restaurants fail within the first year. These cliches get repeated so frequently that they’re accepted as fact when … Read more

What Is A Corporate Resolution? | Ways to Enact Decisions for Your Company Effectively

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The process behind many of the big decisions that drive large corporate actions is something of a mystery to many Americans. They may imagine a complex negotiation process and huge stacks of legal documents outlining any major or minor decision. In reality, most big companies simply outline their decisions in documents called corporate resolutions, then … Read more

What Is A Fiscal Year? | Understand Your Business’s Tax Year and Deadlines to Submit Tax Returns

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The term fiscal year is one you’ve likely heard but might not know its true meaning. A company’s fiscal year is extremely important because the Internal Revenue Service uses it to determine your business’s tax year and deadlines to submit tax returns. Because it carries tax implications, it is critical that you understand what a … Read more

What is SWOT Analysis? | How To Use It for Your Small Business

Strategic planning helps your business build a roadmap that takes it from your starting point to achieving your vision. Your business vision should be about you, your business and what you want to achieve within a set timeframe. Once you’ve crafted a vision that represents your goals, it’s time to start strategizing. A SWOT analysis … Read more

7 Reasons To Start An Online Business | We Compiled a List of Benefits of Internet-based Entrepreneurship

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Owning and operating an online business is no cake walk just because it’s online but the benefits it offers entrepreneurs are appealing for many reasons. For starters, there is no one to answer to except yourself and you have the ability to earn unlimited income to name a few. If you’re debating whether to start … Read more

Best Businesses To Start | 20 Ideas for New Entrepreneurship Ventures!

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With the United States economy on an unprecedented 10-plus-year period of expansion, entrepreneurial activity has been hotter than ever. But with so many different types of businesses to start — be it online or brick-and-mortar, local or national, products or services — it can be tough to know which businesses are the best to start.In … Read more