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Pitfalls New Entrepreneurs Must Avoid

Starting a new business can feel a little like gambling. Fortunately, with the right strategies and good advice, you can take a lot of the chance out of the process. Many new entrepreneurs run into hurdles when they start their first company. No matter what, you a... Read More

For the first few years after you start a company, your business plan will serve as a roadmap for the entire enterprise. It will be a document you turn to repeatedly, whether to woo potential partners and investors or to make significant business decisions. If you want to lay the groundwork for a stable business, it's essential to get your business plan right. Here are a few critical questio... Read More

Employment has been rebounding, and yet the number of "soloprenuers" rose 12.5 percent from 2011 to 2014, according to a report by MBO Partners, a business services group. In 2019, the number of people who derived all or part of their income from independent work was estimated to grow from... Read More

Most business owners start their business where it is most convenient, and choose to incorporate in the state where they live. But what if your business activities are not that simple? Many companies conduct business out-of-state, have partners or employees in different parts of the country and sell online. The simplest of procedures can complicate the legal processes involved in running a comp... Read More

You're young, talented, full of ambition and you plan on taking the entrepreneurial world by storm. Of course, you're not quite sure where to begin but you've seen other young business owners do it, so why not get started, right? Wrong. As common as young entrepreneurs are becoming, there are many more stories of failure than of success. Make sure you're not one of the forgotten many by doing y... Read More

Sharp business owners know that there are numerous benefits of incorporating, so much so that it is an essential part of entrepreneurship. Incorporation can lower tax bills, ensure business longevity and increase legitimacy in the eyes of investors and the public. Of course, one of the bigges... Read More

Entrepreneurship can be a risk. There is nothing safe about quitting your day job, maxing out credit cards for capital and pitching an idea that may or may not succeed to investors in the hopes that they will fund you. Starting a business from scratch means having nerve, determination and drive. It can be a rewarding and fulfilling experience if you are willing to take the challenge. Before ... Read More

There are many reasons you should consider starting a business. The changing economy has forced many people to start thinking out of the box as far as their careers are concerned. According to Business Insider's Infographic, The State of U.S. Small Businesses, there are over 28 million small business in the United States, accounting for over 22 million self-employed individuals. The economy ... Read More

There are a million and one reasons to start your own business: you crave independence, you want to be the master of your own destiny, you want to make a difference. Many entrepreneurs will tell you that as hard as creating a startup might be, it is equally rewarding. If you are considering starting your own company, here are a few tips to help you out: Don't ignore good ideas: B... Read More

One of your first steps after founding a nonprofit organization, even before applying to the IRS for tax-exempt status, should be to incorporate. While it involves mundane paperwork, there are numerous benefits of incorporating that will help your nonprofit in the future. Here a few circumstances where a corporation will be an asset:

Your organization makes a profit from its activitiesRead More