Startup Professionals Musings

FEBRUARY 8, 2019

The primary business entity options include a sole proprietorship, Limited Liability Company (LLC), or a Corporation (B-Corp, C-Corp, or S-Corp). I recommend starting with the simplest, quickest, and the least expensive – the LLC. Worried you won’t choose the right business structure?

LLC 210

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YoungUpstarts

MAY 17, 2020

The owner of the company encounters unlimited liabilities. This implies that the creditors of the business may seek after the personal assets of the owner. Small business entities mostly adopt this form of marketing. The partners share the profits of the company amongst themselves based on their agreements.

Intellectual Property 264

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crowdSPRING Blog

FEBRUARY 14, 2019

This is the most complete guide online on how to start a business in 2019. You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Businesses that survive and thrive have an unfair advantage. Operating plan. Financial plan. Do market research.

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Startup Professionals Musings

MARCH 11, 2013

If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup. Incorporate your startup after the business plan, but before you spend a dollar on product development. The initial paperwork defines the start date of your business.

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YoungUpstarts

APRIL 2, 2013

Starting a small business often means taking a lot of risks, especially financially. Economic success is never guaranteed, but when you’re equipped with a strong understanding of finances, there is a better chance for your business to succeed. It is common for most small businesses to experience a cash flow problem.

Small Business 149

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Up and Running

AUGUST 12, 2013

Filing your new business as an LLC or a corporation is a smart decision for a number of reasons; it enables you to save on taxes and protect your personal assets, and it gives your business a sense of professionalism, to name a few. When you hire an outside service, you are giving your business some privacy with legal matters.

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YoungUpstarts

DECEMBER 3, 2019

You should consider hiring a lawyer to provide you with expert advice and guidance if you’re unsure of the processes to follow when setting up a company. Here are some of the key legal requirements when starting a business : Choose a business structure for your company.

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Up and Running

SEPTEMBER 24, 2015

For some people, picking a form of business is straightforward, for others, a consultation with a lawyer is necessary. If you’re relatively comfortable handling these processes yourself, you can go through a company like LegalZoom , which helps hundreds of small business owners prepare legal documents for business incorporation and the likes.

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crowdSPRING Blog

FEBRUARY 28, 2019

Your business location, facilities, equipment, and what kind of employees you’ll need are in this section. Any information that helps support your business idea goes here, including market studies, legal agreements, photos of your products, and more. Click here to see their complete guide to writing a business plan.

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Women Entrepreneurs Can

JANUARY 31, 2021

It is imperative that you protect your assets by forming an LLC. A limited liability company limits the degree to which the business owner can be held liable for damages. So, if a customer sues your company after they receive a faulty product, your personal accounts and finances will be safe.

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crowdSPRING Blog

FEBRUARY 11, 2019

Navigating the transition between a salaried employee and running your own consulting business can be tricky. People often ask: How do I get clients for my consulting business? Can I start a consulting business while working full time? How do I become a small business consultant? Fill In the Business Blanks.

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Small Business Administration Small Business Social Media Elevator Pitch 86

crowdSPRING Blog

MARCH 26, 2019

Before you can start to seriously plan your own craft beer business, you need to understand the end goal that you’re aiming for. Choosing your business model is the first step in that direction. This is true for any business, not just for brewery businesses. We recommend that you write a business plan.

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crowdSPRING Blog

MARCH 14, 2019

This is true for any business, not just the real estate business. In our definitive guide on how to start a small business , we suggest that aspiring entrepreneurs choose a niche for the best chance at success. Your business location, facilities, equipment, and what kind of employees you’ll need are in this section.

Business Plan 79

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YoungUpstarts

DECEMBER 2, 2018

Many have no clue about business credit scores, including how to establish one, how to access their individual business score, and the impact these scores have on their businesses. A recent report showed 72% of small business owners have no information regarding their scores, and another 60% don’t know where to find any.

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Limited Liability Company LLC Government Framework 127

The Startup Magazine

MARCH 12, 2020

Are you contemplating building a brand new business? A startup is one of the best ways to build your own career and lifestyle independently, and it is small businesses started by individuals like you that support the local economy and community. These individuals share responsibility for decision-making, liability, and profit.

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Up and Running

APRIL 18, 2016

Scott Bessette, owner of ADDISON Yacht Charters, started his travel agency as an LLC, which he says suited his business needs. Before we considered beginning ADDISON Yacht Charters, we determined that a Limited Liability Company was the appropriate structure for what we were trying to achieve.”.

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Up and Running

APRIL 29, 2014

Tax season has come and gone, but the main takeaway from our recent webinar on tax planning for small businesses is that the key to saving money on your taxes is to think ahead and plan. It’s never too early to start thinking about how to prepare for your business taxes. I’m really excited to have Ryan Clower from M.

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Up and Running

OCTOBER 21, 2015

Starting a business is exciting, scary and—let’s be honest—very, very confusing. If you’re like most small business owners, you might not be fluent in “business legalese,” or have an MBA or formal business training. A sole proprietorship, a partnership, an LLC, a C corp (and what about an S corp or a B corp?)

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