Ah, tax season. I think it is safe to say that most people do not look forward to this time of year. Hopefully, these tips specific to small business owners based in the U.S. will help you feel cool and confident about the upcoming deadlines. 1. Know Your Small Business Legal Structure Many self-employed individuals operate […]
Uber isn’t the only company with weak HR. Here’s how to avoid letting ride-sharing giant’s fate. One of the common misperceptions of Human Resources Departments is that they are there to protect and advocate for the employees. They should be there to protect and advocate for the employees because happy employees are necessary for a […]
That wonderful thrill you experience when you explain your brilliant idea to everybody you know is a weak substitute for accomplishing something. You can’t build a successful business without a great idea, and if you’re a passionate entrepreneur you’ve got a dozen ideas that you talk about all the time. Your enthusiasm is infectious. Your […]
Why a strong legal foundation can prove to be an indispensable asset from inception to exit. It really does seem impossible to make 500 million friends without making a few enemies. The adage, popularized by the film The Social Network, returned to relevance last week as Snap Inc. (Snapchat’s parent company) filed an S-1, revealing the […]
Jeff Haden at Inc.com has a lot of things to say about businesses in general, and hiring practices in particular. Here’s an excerpt from an article he wrote recently about how common hiring practices can negatively impact your business: The Worst Hiring Mistake You Can Make Is Made Thousands of Times a Day And, no, […]
Among the many decisions you need to make when launching a business is selecting a business structure. If you do nothing, your business, by default, is structured as either a general partnership (multiple owners) or sole proprietorship (solo owner). These may be the simplest entities to form, but they offer one major drawback: There’s no […]
Small and mid-size business are the core the of the U.S. economy. Entrepreneurship and creativity have been moving the American economy for centuries. In fact, the U.S. has one of the best grooming environments for startups and small businesses. Business owners spend several years building up their business. They invest a significant amount of personal […]
You may need funding, but the benefits of corporate incubators and accelerators may do more for your startup than the money. With a host of companies under his belt, serial entrepreneur Rich Schmelzer launched his company, Boulder, Colorado-based GeoPalz, pretty much the only way he knew how: He bootstrapped it. But then a funny thing […]
Companies waste money in many ways. Here are 13 ways to cut the waste and build up your company’s rainy day fund. Small businesses are often pinched for cash–especially if an unexpected bill needs to be paid right away or a check from a big customer gets mailed too late for you to cover your […]
Even if good old Dad is the one financing your startup, there’s paperwork that must be filled out to keep everything on the up and up. The following excerpt is from Entrepreneur’s book Finance Your Business. Buy it now from Amazon | Barnes & Noble | iTunes When borrowing from family and friends is the […]