Blogs: LLC and Business Formation
Traits of Successful Entrepreneurs
A decade ago, I helped found a business dedicated to helping entrepreneurs bring their business ideas to fruition. I’ve mentored and coached hundreds of entrepreneurs since. Many of my students have licensed their ideas to powerful companies or broug...
Cash Flow Tips for New Business Owners
The Bureau of Labor Statistics reports some scary numbers when it comes to new business survival rates: From 1994 to 2010, a solid 90 percent of businesses made it through the first year, but only about 50 percent remained after a five-year period. W...
Bank Line of Credit: What It Is, How It Works, and Who Can Benefit from It
A bank line of credit allows you to manage cash flow, finance short-term operational needs, and seize growth opportunities, whether it's for making investments or handling unexpected expenses.
What Crowdfunding Means for Franchising
Crowdfunding has made a big splash in the last few years as sites like Kickstarter and Indiegogo have helped entrepreneurs launch donut shops, produce albums and create smart watches; theoretically, it's a perfect vehicle for franchising. And the fra...
Tips for Employers Who Outsource Payroll
Many employers outsource their payroll and related tax duties to third-party payers such as payroll service providers and reporting agents. Reputable third-party payers can help employers streamline their business operations by collecting and timely...
State Seller’s Permit: Everything You Need to Know
If you’re selling a product or any tangible item within Nevada, the state requires your corporation to obtain a state seller’s permit. It will allow your corporation to buy supplies to be sold by your corporation without having to pay tax on those it...
Why Americans Need Social Media Vacations
Internet users are suffering from social media overload from sites like Facebook and Twitter. Now, the majority of online users are looking for a social media vacation, new research shows.