If you are a new business owner you will need to start making a lot of contracts. These provide vital protection moving forward. A business contract usually includes elements like an offer and acceptance, considerations and legal subject matters. If you’re unsure what...
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Business Formation
What is the best business structure for your new company?
If you’re getting ready to launch a new company, congratulations on your new venture. In order to better ensure that your company is structured for the greatest likelihood of success, you’ll need to choose a legal formation option that suits your vision and the needs...
Make sure your partnership has an exit strategy
If you start a business by yourself, you can simply run it for as long as you want. Some people just run a new business for a few years and then move on to something else. It’s fairly easy to do and not much different than being employed somewhere. However, if you...
Why would you start an LLC?
One of the first things you have to do when starting a business is to determine what business structure is going to suit that company the best. For instance, someone who is just starting a business on the side may choose a sole proprietorship. Someone who is expanding...
Choosing a business partner
An idea to start a business is just the beginning. Often the process of creating a business while maintaining your enthusiasm can be tiring and stressful. However, when you have a healthy understanding of your capabilities and limitations, you can take steps you...
Factors to consider when settling on your business structure
You finally have a business idea that is bound to take the market by storm. However, you are not sure about the kind of structure your business should have. Are you thinking of a sole proprietorship to avoid the hassles of a partnership? Are you thinking of setting up...
3 mistakes to avoid when setting up an online business
Individuals with a strong entrepreneurial spirit often search for new and exciting business ventures. In recent years, many business owners have migrated to the online arena either for a new start-up or a significant component of their traditional business model. Many...