11 Mistakes to Avoid When Setting Up a Side Hustle
"This summer I've been making an extra $1,000 a month, and it only takes a few hours a week," said Mark Russo in a recent TikTok video. "I only had to invest a few hundred...
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What It Takes to Make it as a Micro-Business
Micro-businesses are having a moment. They've grown considerably in the last several years, initially prompted by pandemic regulations and the Great Resignation, which led Americans to create 2.8 million more online micro-businesses in 2020 than...
How To Be Among the 1 Percent of Startups That Succeed
When you launch a startup, the odds are stacked against you. Statistics show that your chances of making it beyond the first year are only 1 in 10 regardless of your industry. So, how do...
The Secrets of a Strong, Successful Cofounder Relationship
Starting a company from the ground up is an exciting time. You have an opportunity to build a business from scratch and turn it into a legacy for your descendants. If you’re an entrepreneur working...
Starting a Business with a Partner? Here’s What You Need to Know
Opportunities to start a business can happen at any time, even during a pandemic. Amid COVID-19, many individuals spent their time in quarantine practicing a side hobby or developing a new offering that meets the...
Estimating Startup Costs for a New Business
Confounded over how much money you'll require for your startup business? Well, don't fret. There's an easy approach to breaking this mystery down and creating a clear picture of the funds that your startup business...
The Value of Home-Based Businesses to Economic Recovery
The challenge of America’s economic recovery, in the wake of the COVID-19 pandemic, is to spread it to every community – and especially those that have been historically excluded. The key to meeting that challenge...
This Entrepreneur Shares Key Takeaways from Launching Her Direct-to-Consumer E-Commerce Brand
As a child, I watched my mother’s generation attempt direct-to-consumer business in a, shall we say, clunky fashion. They held Tupperware parties and loaded up the car with Avon deliveries. Before I knew what direct-to-consumer...
WJR Business Beat: Franchising is Hot (Episode 382)
On today’s Business Beat, Jeff Sloan explains why franchising increases your odds of success in small business. Tune in to today’s Business Beat to learn the fastest-growing markets for franchising: Tune in to News/Talk 760...
Minority, Women Entrepreneurs Find More Opportunity in Franchise World
Barbara Brixton believed she had two strikes against her as she planned her business career: She is a woman and she is African-American. What’s more, she knew she wanted to do something in the food...
Stop Doing These 4 Things if You Want Your Business to Last
We’ve all seen the statistics on how many businesses fail within the first few years of operation, and the current pandemic may accelerate that struggle for some startups. After fielding literally thousands of questions from...
5 ‘Boring’ Startup Responsibilities You Can’t Afford to Ignore
Starting a business is thrilling. You’re finally taking your business idea and turning it into a reality. And to do that, you have to check some exciting tasks off your list, like thinking of a...
Ready to Exit Sole Proprietor Status? Consider These 4 Entities for Incorporation
A new year means a clean slate for business. If your business is still in sole proprietor status, now is the perfect time to start thinking about incorporating as a registered entity formation. What registered...
Why You Should Buy an Online Business Instead of Building One From Scratch
Good news. You can purchase an existing online business. Whether you’re using an online marketplace, personal network or broker, there are many avenues to purchase an online business. Some business owners no longer have the...
A 6-Step Checklist to Structure Your Business
You’ve decided to take the plunge and start your dream business. You’ve decided what your new company is going to do and have formulated your overall strategy. Now it’s time to complete a checklist of...
The Advantages, Challenges of Building a Multi-Founder Startup
Running a successful startup is ultimately a team game—irrespective of whether you follow the single or multi-founder approach. At the end of the day, success depends on how efficiently you allocate resources to solve problems....
The 7 Benefits of Forming a Corporation
Whether you are just starting your business or you have already been operating as a sole proprietorship or general partnership, you may be wondering about the benefits of forming your business as a corporation. Often,...
Forming a Partnership? Check Out These 4 Partnership Structures
Did you know there are several partnership structures you can choose from when forming a partnership Partnerships are a popular business structure to form if you plan to go into business with another person. You...
The Fastest Growing Businesses You Can Start From Home in 2021
Starting a side hustle or turning a passion into a career is becoming more popular, but how can aspiring entrepreneurs ensure there is demand for their services as well as growth potential in their field?...
How Startups Can Achieve B Corp Status (and Why it’s Important)
The idea of starting and running a business for any reason other than profit may seem counterintuitive to some. But a growing number of businesses around the world are turning that idea on its head,...