Tips on Starting a Franchise and Keeping it Going
Thursday, October 15th, 2020Tips on starting a franchise are invaluable if you’re thinking about diving into the franchise world. Owning a franchise can be both profitable and rewarding if you go about it the right way. The process doesn’t have to be difficult, but it does take time and planning if you want to create success. If you’re … Continue reading “Tips on Starting a Franchise and Keeping it Going”
Read MoreReopen Your Business Safely
Friday, October 2nd, 2020The new reopen business guidelines can be stressful to implement for shuttered companies. No business has escaped the pandemic’s impact, and some of the more fragile ones have permanently closed. CDC guidelines are a great source for opening safely, but small business owners are asking themselves when is the right time. States are giving the … Continue reading “Reopen Your Business Safely”
Read MoreHow to Start an S-Corporation
Thursday, September 24th, 2020An S corporation is a closely held corporation that generally doesn’t pay income taxes. Instead, the corporation passes all corporate income, deductions, losses, and even credit straight to their shareholders for tax purposes. While an LLC and an S Corporation are different, LLC members can typically elect to be taxed as an S corporation to … Continue reading “How to Start an S-Corporation”
Read MoreHow to Make Sense of AB5 (And Possibly Get Around It)
Wednesday, September 16th, 2020NOTE: This article is not considered legal advice, just our interpretation. As always, we recommend you contact an attorney if you are unclear on any new law. California Assembly Bill 5 (AB5), also known as the “Gig Worker” bill, was passed in 2019 under the guise it would promote labor unions and provide benefits to … Continue reading “How to Make Sense of AB5 (And Possibly Get Around It)”
Read MoreStartups Made Simple Step Two: Plan It
Thursday, August 13th, 2020Below is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. “Plans are useless, but planning is indispensable.” – Dwight D. Eisenhower “Give me six hours to chop down a tree, and I will spend the first four sharpening the axe.” … Continue reading “Startups Made Simple Step Two: Plan It”
Read MoreStartups Made Simple Step One: Imagine It
Friday, August 7th, 2020Below is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. “The essential principle of business—of occupation in the world—is this: figure out some way in which you get paid for playing.” – Alan Watts Imagine the perfect business for you … Continue reading “Startups Made Simple Step One: Imagine It”
Read MoreFounder Superpower #16: The Courage to be Disliked
Friday, July 31st, 2020This is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. “A manager is severely handicapped, dangerously vulnerable, and certain to be ineffective if he is an approval seeker, a person who needs to be liked by his subordinates.” – Dan … Continue reading “Founder Superpower #16: The Courage to be Disliked”
Read MoreFounder Superpower #15: Team Development and Motivation
Thursday, July 16th, 2020Below is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. It should be clear now that a leader needs to produce consistent results by having a Vision, communicating well, and creating an accountability mindset within the company. Next, we want … Continue reading “Founder Superpower #15: Team Development and Motivation”
Read MoreWhat to Do After Incorporating or Forming an LLC
Thursday, July 9th, 2020After you create a legal entity by either incorporating (C or S corporations) or forming an LLC, it’s important to know what to do next. Some states have extra requirements after you’ve completed all of the paperwork for your legal entity to become activated, and depending on the type of legal entity you chose you’ll … Continue reading “What to Do After Incorporating or Forming an LLC”
Read MoreFounder Superpower #14: Accountability Mindset
Thursday, June 25th, 2020Below is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. Leadership should be easy if you have a clear vision and you communicate clearly to your team what needs to get done and it will just get done, right? Wrong. … Continue reading “Founder Superpower #14: Accountability Mindset”
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