Tips 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 MoreBy Vance Cariaga A critical step in getting your restaurant up and running is choosing its legal structure. You basically have four choices here — a sole proprietorship, a partnership, a limited liability company (LLC), and a corporation — though there are variations within each. Many restaurants start out as sole proprietorships, which means the … Continue reading “How to Choose a Business Structure for Your Restaurant”
Read MoreYou don’t need to be a United States citizen to sell on Amazon, but once you sell 50 or more items on the marketplace, you’ll need to have a proper tax id. However, if you’re selling through Amazon’s FBA (Fulfillment By Amazon) program then you’ll need to form a company in the United States before … Continue reading “How to Sell on Amazon as a Non-US Citizen”
Read MoreOur culture is full of success stories of businesses that seem to start spontaneously in someone’s garage or a college dorm. We are drawn to this narrative of genius ideas and bursts of inspiration because it’s a more appealing story than someone who lays down the groundworks with a solid plan. While we all want … Continue reading “How to Write a Small Business Plan”
Read MoreYou’ve probably searched for online small business ideas because you want at least one of three things: freedom of time, money, or control. And if you’re reading this, you’ve probably read a bunch of listicles that throw 36,000 business ideas at you: Be a virtual assistant! A babysitter! An Uber driver! You also probably closed … Continue reading “How to Get the Best Small Business Ideas (That Actually Fit Your Passions, Skills and Interests)”
Read MoreYou want to protect yourself and run your business in the easiest way possible. A good way to ensure this is to think carefully about which state you’ll incorporate in. In this article, I’ll share insight regarding how to incorporate your business somewhere other than your home state and why it might be beneficial for … Continue reading “Why Incorporate Your Business in a Different State”
Read MoreDon’t underestimate the potential of a side project (or “side hustle” as they’re commonly known): many multi-million dollar companies started as side projects. Twitter, Craigslist, Slack, Groupon all started as a side project. Typical Side Company Setup Most people simply work on their side project while they still have a job and then if it … Continue reading “How to Create a Company to Manage (and Protect) Your Side Projects”
Read More“A person of intellect without energy added to it, is a failure.” ~Sebastien-Roch Nicolas De Chamfort “A person of intellect without energy added to it, is a failure.” ~Sebastien-Roch Nicolas De Chamfort Commentary: Lots of people have great business ideas and/or are extremely intelligent. This is great – but if you do not apply your … Continue reading “Business Quote of the Week – Sebastien-Roch Nicolas De Chamfort”
Read MoreEntrepreneur.com has an Article Posted detailing one young entrepreneur’s journey from the financial sector to starting his own sports marketing firm: I feel it’s essential that you are able to marry your work and what you love. This passion will ignite the minds of your potential clients and connections. Your business has to be a … Continue reading “Take the Leap and Follow Your Passion”
Read MoreForbes has an article posted on How to Bounce Back From Failure: Anyone who claims to have built something of lasting value–be it a business, personal relationship or a body of critical knowledge–without suffering serious pain and disappointment is either a liar or dangerously naïve. At some point on your journey, you will stumble and … Continue reading “Bouncing Back From Failure”
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