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The 5 Best States In America For New Business

YoungUpstarts

Prospective business owners must make a myriad of choices before even opening up shop. One of the most important is where to locate the business. The United States is not uniform in its friendliness toward small businesses, and some states make operating a business easier than others. North Carolina.

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LLC Costs and Fees You Need to Know as a Small Business Owner

Up and Running

A limited liability company (LLC) is a popular business structure for small businesses thanks to its ease of operations, tax advantages, and liability protection for its owners. But forming and maintaining an LLC comes with costs. LLC formation costs. Other LLC costs. Business name reservation.

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The 10 Best U.S. Cities to Start a Business in for 2016

Up and Running

To find out, I turned to WalletHub’s report on the best (and worst) cities in the United States to start a business in for 2016. By measuring various metrics like business survival rate, the prevalence of investors, and labor cost, they were able to determine which cities offer the best outlook for new ventures. StartGarden.

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Bad Boys and the Fab Five: Business Lessons from Basketball History

Up and Running

Costly mistakes in basketball history reveal important lessons for your business. Their legacy should be an inspiration for startups and small businesses everywhere—even in markets with well established leaders, smaller companies still have the opportunity to etch out a comfortable space.

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How to Choose a Business Location

Up and Running

See Also: Estimating Realistic Startup Costs. Legal considerations: Can you legally conduct your business in this area? Here’s an example permit for the city of Winston-Salem in North Carolina. Other useful resources: Find a local Small Business Development Center. Might you qualify somewhere else?

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What Is Unemployment Insurance?

Up and Running

As a new business, you will pay the “new employer” unemployment insurance tax rate for the first three years of operations. North Carolina: $223.00. So, the unemployment insurance tax for one employee at a new business in New York is $10,700 x.041 percent, while in North Carolina, the range can be from 0.6

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The 5 Best Cities to Start a Business

Business Plan Blog

To gauge the health of small-business lending in each city, NerdWallet analyzed business loans made by community banks in 2012. The researchers also considered business friendliness and assessed the local economies based on the average income of residents, the unemployment rate and the cost of living.