Owning a business may mean that you are self-employed. But, the IRS has rules about which business owners are self-employed and which are not. Basically, all self-employed individuals are business owners, but not all business owners are self-employed. So, what are the types of self-employment?
Read More Types of Self-employment: Which Is Right for Your Business?
You’re driving late at night, exhausted. You can’t see anything, and you don’t know where you are. Before you run out of gas, you pull up your GPS, and ah! There’s the path. Now you know where the path is again. Likewise, you can get lost in business ownership if you don’t have a “roadmap” […]
Read More How to Write a Business Plan That Outlines Goals, Secures Funding, and Beyond
When you open a business, you decide what business structure you want to have. And, that decision determines what the legal requirements are for your company. But, is your business a separate legal entity (SLE)? And, what is a separate legal entity?
Read More What Is a Separate Legal Entity? A Guide for Business Owners
Here’s a number that might surprise you: 29%. That’s how many startups fail because they run out of cash. To make sure you have enough capital to see your dream through, consider small business financing.
Read More The Ultimate Guide to Small Business Financing
So, you’ve started your dream venture (cue the applause and the confetti cannons!). But now, it’s time to get your registrations out of the way. You might be wondering: Do I need to open a business bank account?
Read More “Do I Need to Open a Business Bank Account?” (Asks Business Owners Everywhere)
Love the idea of starting your own business, but don’t want to deal with the hassle of finding an office space and paying rent? Then starting a business from home may be a good fit for you. Find out the pros and cons of owning a home-based business and how to start a business from […]
Read More Starting a Business from Home: 11 Steps to Successfully Launch Your Home-based Venture
If you have a veteran-owned small business, you may be eligible for special training, loans, and contracting opportunities. Read on to learn what types of options are available to veteran entrepreneurs as well as eligibility requirements.
Read More What Kind of Support Can You Get for Starting a Veteran-owned Small Business?
If you’re running a business by yourself, you may be considered a solopreneur. And like any other business owner, you need to familiarize yourself with accounting dos and don’ts. Read on to learn more about solopreneurship and tips for handling your books when you’re the one running the show.
Read More Thinking About Becoming a Solopreneur? Utilize These 6 Accounting Tips to Succeed
Writing a small business plan takes time and effort … especially when you have to dive into the numbers for the financial section. But, working on the financial section of business plan could lead to a big payoff for your business.
Read More How to Craft the Financial Section of Business Plan (Hint: It’s All About the Numbers)
A sole proprietorship is the most common type of business structure. A whopping 73% of businesses in the U.S. are sole proprietorships. If you’re considering starting your own venture and forming a sole proprietorship, weigh the pros and cons of a sole proprietorship before making a decision.
Read More What Are the Pros and Cons of a Sole Proprietorship?