One of, if not the most important decisions that you will make in starting a business is selecting the right partner. Choosing a business partner is somewhat like choosing a romantic partner. This is especially true, as you may spend as much – if not more – time with them as you do a spouse. […]
When you are looking to start a new business, there are many things to consider. The first thing you’ll need to decide is what type of business entity you wish to form. You can choose to form a formal business entity such as a corporation, limited liability company (LLC), or a partnership. Those who choose […]
Starting a small business can be an exciting, yet terrifying, experience. You are responsible for finding everything from a location for the business, to funding it, to establishing the proper suppliers, and more. But among all of this excitement, the last thing you want to do is make a legal mistake that can greatly disrupt […]
There is no doubt that owning and operating a small business can be extremely challenging. This is especially true when you share ownership and/or operations with a partner. Many people choose to go into business with a close friend or family member since trust is already there. But unfortunately, it can make ending your business […]
While the coronavirus pandemic has shattered much of a thriving U.S. economy leaving many businesses to struggle, small business owners especially continue to feel its full impact. Whereas they were once concerned with growth year over year, they now find themselves worried about staying afloat day-to-day. Although the future remains quite uncertain, many small business […]