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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. However, the five general types of business taxes are income, estimated, employment, excise, and self-employment.

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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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5 Free Platforms Entrepreneurs Should Be Using To Manage And Streamline Their Business

YoungUpstarts

There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Small Business Administration , it’s a helpful website that can guide you through the ins and outs of establishing your business.

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. From jewelry to dog food to SaaS (software as a service) products, startups are popping up in virtually every field around the world, despite the risks. Spend wisely on tech.

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You’ve Got Funding: 5 Things to Do With the Money Right Away

Up and Running

It can be incredibly irresistible, once funding comes through, to go on a buying spree for everything from company tech to office chairs. Take a moment and step back to review the business plan that you worked so hard on. With this in mind, it is imperative to spend capital wisely to make sure your business finds success.

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4 Reasons Small Businesses Fail

YoungUpstarts

By Brian Sutter, Director of Marketing, Wasp Barcode Technologies. Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year.

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How to Form a Corporation

Up and Running

It’s common to feel a bit lost or overwhelmed at this stage, but with this guide, you’ll gain confidence in your ability to create your new business entity and get back to the work you love. We’ll review some new language and concepts in this process, but once you’re done, you may never need to think about this stuff again. .