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Even Social Entrepreneurs Need Profit to Meet Goals

Startup Professionals Musings

Thus I’ve never understood why so many of these assume they can operate as non-profits. For comparison, I was able to set up a simple for-profit Limited Liability Company (LLC) in a month for less than $100. This fact makes finding money for staffing, advertising, and manufacturing very difficult.

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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Verdict : LLC.

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What It Takes to Start a Real Estate Brokerage

The Startup Magazine

Operating plan. Once you have a business plan in place, you’ll be able to run and operate your brokerage from a reference point and make decisions that align with the plan. The legal structure of your brokerage matters as it determines your ownership, taxation, and financial liability. Market analysis. Sales and marketing plan.

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Intellectual Property 101

Up and Running

Furthermore, solo inventors or creators generally wear all the hats and adopt the DIY mode of operation without consulting anyone. It can be confusing because a slogan, when typed or displayed in an advertisement, is protected by copyright but also can be trademarked. However, one is not a substitute for another.

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Effective Tips to Start Your Own Rubber Stamp Business

The Startup Magazine

You may opt for a sole proprietorship, partnership, corporation, or limited liability company. For instance, if a company offers free delivery on all orders, it is identified as a foremost characteristic of their USP. Create a Facebook page for your business, where you can advertise and receive feedback from customers. .

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3 Things Every Entrepreneur Must Do Before Starting An LLC

YoungUpstarts

ups and downs of owning and operating a business. There are plenty of things you can and should do before starting your Limited Liability Company (LLC), but here are three big recommendations to keep in mind. Maybe you fell into becoming an entrepreneur by accident. However you got here, you did it for a reason.

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8 Steps to Starting Your Own Business

Up and Running

How will these affect day-to-day operations? There are also a number of less traditional sources worth turning to: Advertising representatives for statistics and data on your competition or the industry in general. Limited Liability Company (LLC). In order to start a successful business, passion alone isn’t enough.