Once you get the ball rolling on your business, you need to decide what type of legal model you are going to use for your business. An LLC is a popular way to register a business, as it is inexpensive, easy to maintain, and provides the owner with a layer of legal protection. Register […]
Archives for September 2012
How to Build an Entrepreneur’s Safety Net
One of the biggest risks of being an entrepreneur is being able to financially support yourself while starting a business. This can be incredibly difficult to do because, when you’re starting up, cash flow may be tight or non-existent. Furthermore, if there is any cash flow, you will be torn with the choice of using […]
Turning a Hobby into a Business
If you are like me, you have at least one hobby that you enjoy spending your time (and money) doing. However, unlike most people, I turned my hobbies into income streams. It is not very hard to jump from hobby to small business. Here are some steps you can take to turn a money drain […]
How to Compete with Big Businesses
Some small business owners wonder how they can compete with a big company in the same industry. Small companies lack the resources to offer as complete of a product offering as the corporate competitors. However, that does not mean a small business can’t succeed. Focus on Your Strengths You don’t need to do everything […]
Top Reasons People Quit and How To Prevent It!
If you’re a manager or run a business, hiring great talent is essential to your success. Having a great employee is a godsend, and you want to make sure that you do everything in your power to keep them on board. As such, here are the top reasons people quit and what you can do […]