Nowadays, it seems that no one needs to work with anyone else. You could start a successful 1-person business even if you don't have any employees. Just because you are the only person in your business, this doesn't mean that you can't make money or grow your business to generate more revenue and be more efficient. Thanks to online tools and services, starting a business has never been easier, mak
Setting up a family business has always had a bad rap. Many often wonder, "why do people caution against doing business with family?" From little boundaries to lack of control and greater liabilities, it's a wise choice never to mix business and family. You wouldn't miss the lack of accountability that may result from running a company with your household. However, this is not to say that there ar
Starting your own business can be an exciting endeavor, but it can also be overwhelming and filled with many challenges. While, starting a business can seem extremely difficult and intimidating, current technology has made it much more feasible to handle solo. Running an entire business used to be a big job that required many employees, from assembly workers to sales representatives to upper mana
Many people wonder why business people caution against doing business with family members. Doing business with family can be quite successful if you know how to do it the right way. At the same time it can help you build your business while strengthening the bond between you and your family members at the same time. Though it may seem like an unnecessary thing to do, there are plenty of reasons wh
Being an entrepreneur and creating your first business is a huge milestone in one's life. It comes with great responsibility and a feeling of accomplishment if successful. If you have yet to start your business but have an excellent idea and you're ready to take the plunge into this life, get ready. It takes time, commitment, focus, and drive. But, our guess is you knew all of that already. We are
Are you forming a business in 2022? You’ll likely need to form an LLC to get started. Let’s talk about how much that will cost you. There are a couple different fees you need to keep in mind when filing and maintaining good standing as an LLC, which can differ depending on the state you file in. We’ll include a table of how fees differ by state (as of 2022), so we’ll have you covered no matter whe
Are you considering starting an online business this year? Well now’s a great time! Starting an online business may sound like an easy feat, but for your online business to become successful, you’re going to have to put in some hard work. Use this guide to learn about the many things to consider as you start your online business. What is an Online BusinessFirst things first: what is an online busi
You have a fantastic business idea, and you want to bring it to life. To do that, you may be thinking about how you will fund this business. After all, money is vital in a successful startup. It's easy to glorify other young businesses that took venture capital or other investments and think you will have the same successful outcome as they did. But, every business is different, and with that, so
You might be just starting out or you could be well on your journey, but regardless of where you are, how you legalize your business is one of the most important decisions that you’ll make. It affects everything from how you file your taxes to how any potential problems would be handled in court. So, saying that it’s important might even be an understatement. The trouble is that the average smal
Everything you need to know about EINs and the fastest & easiest way to get one for your small business.