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Guide: How To Become A Freelance Lawyer

YoungUpstarts

First, you will need to decide on the structure of your business. Are you going to operate solo? The Small Business Administration has a handy guide to the various options available. Once you have registered your business, you need to set up a separate bank account for your business and register with the IRS.

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

The odds were always difficult for small businesses even before the pandemic. According to the numbers published by the Small Business Administration in 2018, 20% of these enterprises fail in their first year. Scan through them and see which assistance your business may be eligible for. A Change in Attitude.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Starting a business involves brainstorming, planning, and ensuring that you comply with all necessary legal obligations. Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . What legally defines a small business?

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Find Your Ideal Job And Build Your Dream Business

YoungUpstarts

Skin in the game does not mean you have to quit a job to explore a business. It means you have to be willing to invest time, money, or both in order to build your side hustle into a fledging small business operation. The great news is you don’t have to sacrifice either opportunity to benefit from both opportunities.

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5 Ways Startups Can Reduce Development Costs & Shorten Time To Market

YoungUpstarts

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Surprisingly, macroeconomic trends have minimal impact on long-term business survival rates.

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3 Startups To Watch Out For In 2018

YoungUpstarts

According to the latest statistics released by the Small Business Administration , there are just under 29 million small businesses in the United States that employ more than 56.8% Those are impressive statistics when you stop to consider small businesses account for approximately 99.7%

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Utilizing Financial Aid During a Global Crisis: A Guide for Business Owners

The Startup Magazine

Under this program, businesses can receive up to $5,000 per employee in 2020 and 2021 for maintaining their payroll during the pandemic. Business owners used this program to their advantage in 2020, claiming an estimated $50 billion in credits. The loan then offers up to $2,000,000 in long-term loans with an interest rate of 3.75%.

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