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...
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Business Formation
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...