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SWOT Analysis Examples

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Operating without a website is increasingly rare, and ignoring this weakness for too long could have disastrous consequences. This is one area in which being a small local firm could be a major advantage, but international market research and more information about the government export initiatives are required. Employee training.

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The Latest Questions Small Businesses Are Asking

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A venture feasibility study analyzes an idea from several perspectives: market opportunity, competition, resources available, resource gaps, financial viability, operational issues, intellectual property rights, development timeline and technology needs. Are sales growing or shrinking? What employee actions are rewarded or punished?

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A Good Answer in a Business Plan Contest

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One of the judges (me) challenges the entrepreneurs that their numbers — particularly the margins, meaning gross margin (sales less costs of sales) and profit before taxes (gross margin less operating expenses) are way too high. “Is there any precedent for margins that high?&# This is a true story.

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How to Choose a Business Location

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How much is income and sales tax? Do you qualify for any government economic programs or incentives? Zoning laws and setting up shop: In terms of where you can legally operate your business, you should consider local zoning regulations and ordinances. Zoning map of Eugene, Oregon. Government-provided demographic data.

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What eCommerce Startups Need to Know About Online Sales Tax

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Follow internet business tax laws to stay compliant with applicable government agencies, like the IRS and your state. Estimated taxes are separate from sales tax and employment taxes. Unlike estimated taxes and employment taxes, sales tax for online business does not work the same way as brick-and-mortar stores.

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What Is a Benefit Corporation?

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Now, you can create a benefit corporation in: Arkansas, California, Colorado, Delaware, Florida, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington D.C., with many more states in the pending legislation phase.

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The Complete Guide to Registering Your Business Name

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When I was a child, my family and the other families in our neighborhood held annual summer garage sales. For every yard sale, I’d buy bottled lemonade, bake several batches of cookies and brownies, and set up shop. While an operating agreement isn’t required in all states, it’s always a good idea. Filing for a DBA.

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