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Do You Have a Hobby or a Business?

Up and Running

You have a vested interest in making sure it works. Talk to a CPA and/or an attorney to figure out the best structure for your business ( partnership , LLC , S-Corp , etc.). Get a Business Operating Policy (BOP) insurance policy. A Business Operating Policy (or BOP) is the basic coverage for any business.

Lean 146
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Do You Have a Business or a Hobby?

Up and Running

You have a vested interest in making sure it works. You have a vested interest in making sure it can support your lifestyle, allow you to quit your job and NEVER work for anyone ever again in your life. Talk to a CPA and/or an attorney to figure out the best structure for your business ( partnership , LLC , S-Corp , etc.).

Vesting 101
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How I Started, Grew & Sold An E-commerce Business For Quarter Million Dollars ($250,000) – Part 2

Entrepreneurs-Journey.com by Yaro Starak

This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience.

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Beware The Consultant

infochachkie.com

Thus, as your startup matures, many of your operational functions can be successfully outsourced. John is a CPA and holds an M.B.A. The relative degree that passion is a prerequisite for success and the rate of iterative learning both diminish as your company expands. Their story, market positioning, products, etc.

Equity 40
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How to minimize customer acquisition costs

Duct Tape Marketing

Continue treading these waters and you’ll need a life vest. Determine Cost Per Acquisition (CPA): CPA = CPPC multiplied by CR. Marketing spend is equal to the cost of the pizza, a cost that already figures into regular operations. You congratulate your staff on the sale (keep it going!), Determining your spend.