To create a successful business, it is essential to establish your presence and share your message with people in the community. By doing so, you can find potential customers, partners, and supporters. While you may be excited about making new contacts, fear and doubt can make it difficult to take the first steps. Here are [...]
Encourage Yourself: How to Stay Motivated as a New Business Owner Starting a new business can be both exciting and scary. When you gain new clients or successfully perform a service, you feel energized and ready to take on the world! But what about when business feels slow or you experience setbacks? Unexpected challenges can make you [...]
So you want to start your own business… Which acronym should you pick to follow your business name? C, S, GP, LP, LLP, LLLP, LLC… sole proprietorship? Yes, all of the letters listed in the previous sentence are options for business structure. Before you let the alphabet soup deter you, let’s break down each type into the [...]
So you have your business idea. You spoke with your attorney. You developed your business plan. Now…the fun part! There are four simple steps to getting the financial side of your business going. 1. Open a checking account – This should be the easy part! However, there are more things to consider. Does the bank offer [...]
Chances are, if you’re building a business from the ground up, you’re not going to be working out of a swanky office. Most likely, you’re working from home. The downside to working where you live, eat and rest is that there are a lot of distractions to keep you from productivity. When you’re working from [...]
The sluggish economy has prompted many to consider starting their own businesses. But too often, people are still held back by myths about who’s cut out to be an entrepreneur, says Candida Brush, Chair of the Entrepreneurship Division at Babson College and Director of the Arthur M. Blank Center for Entrepreneurship. “If you pick up [...]
This past week, we began a four part series to discuss the steps you can take to make the next move in your career meaningful and manageable. The second step is to create an action plan. As Stephen Covey once said, “we need to begin with the end in mind.” Start to brainstorm on what [...]
Are you unhappy in your current job? Does your current career not fit your personal goals? Are you bored by what you are doing now? Has the economy forced you to consider a new career? Whatever the reason for you seeking out a new path, it’s a decision that should be made with careful thought [...]
The Small Business Administration received valuable feedback from entrepreneurs who rely on the website to educate themselves about small business ownership and listened to what they said. The user experience to access online resources needed to be easy, efficient and engaging. SBA is pleased to share they are launching a new online learning center. The learning center is [...]
So many myths, misconceptions, and rumors abound about the benefits, disadvantages and requirements of being a limited liability corporation (LLC). Yes, becoming an LLC can provide legal protection and operational ease, but depending on your circumstances it can also present disadvantages. Here are some FAQs to help you ascertain whether becoming an LLC is right [...]
