Pros and Cons of Setting Up Your Business Up as An S Corporation
Whether you’re just starting out or if you’re thinking about expanding, you need to consider which legal structure is best for your business. No one option is best for every type of business. In fact, the right choice depends on several factors, including your business goals, the number of owners, and taxation. There are many...
4 Organization Resources to Help Your Business Work Smarter
If you find yourself in the following situations, it may be time to get organized. There are resources to help. Is your work desk cluttered with piles of papers? Do you find yourself losing time as you search for misplaced documents and other relevant paperwork? Are you often late for, or missing, important meetings, appointments...
How To Make Your Startup Bankable
You’ve probably heard it countless times: “If you fail to plan, you plan to fail.” While it’s always a great idea to think about your long-term personal goals, this adage is even more applicable if you’re venturing into entrepreneurship. Smart planning can go a long way in making your startup bankable. The U.S. Bureau of...
4 Key Reasons to Consider Microlending to Fund Your Startup
Among the financing solutions available to startups and small business owners, microlending is one of the more accessible. Also known as microcredit, microlending has been gaining popularity in recent years – and for good reason. Keep reading to learn more about microlending and why you should consider this option to fund your startup. What is...
Understand Your Business Finances Better by Answering These 5 Questions
A business owner faces many pressures, concerns and challenges and, perhaps, the biggest concerns revolve around money. Without it, the business can fail, creating a domino effect that can affect everyone involved in the business, including you — the owner. This is why understanding your business finances is one of the most important aspects of...
Award-Winning Finance Expert Shares 5 Financial Musts Before Jumping Into Entrepreneurship
So, you want to start your own business — in which you are your own boss and you’re in control of your professional destiny. You’re mentally ready to become an entrepreneur, but the question is: Are you financially ready? Making the leap from side hustler to full-time entrepreneur is a big move. Yes, you gain freedom...