Budgeting is a paramount concern for any company, in a recession even more so. Spending, however, does not always have to be a short term worry when money is planted into the right facets of your business. Here, some experts weigh in on the best paths to growing a business in the long term. 1. […]
Although many states in the United States are business-friendly, Wyoming and Nevada are two of the most favorable for entrepreneurs due to their favorable business laws and low tax rates, among other reasons. Nevada and Delaware are currently the most talked about types of incorporation or LLC formation states. However, Nevada is also often the […]
Divide and Conquer Incorporating allows you separate yourself from your business risks, and that is critically important today. However, there may be additional opportunity to divide higher-risk business activities from lower-risk or asset-rich activities by placing these activities in separate limited liability business entities. By dividing your important business assets from your most significant business […]
In business, there is potential trouble literally everywhere –contracts, product liabilities, employee problems, intellectual property mistakes, etc. – clogging our courts with litigation and costing small business billions of dollars. Too often, those costs reach beyond just the business world and find the pocket of unwary entrepreneurs that failed to grasp the value of protecting […]
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