10 Mistakes New Business Owners Make

Being a successful new business owner means avoiding mistakes, making effective finance decisions, understanding your customer and how to market to them, and choosing and keeping the right employees. Business owners must choose the correct business entity and devise marketing, business, and financial plans that structure the goals of the business. While there are no …

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7 Affordable Businesses You Can Start With Little or No Money

Finding enough capital to start your own business may seem like a daunting task, but depending on your interests, these 7 affordable businesses that you can start with little or no money may be exactly what you are looking for. 1. Landscaping Though it is seasonal work, landscapers are always in demand. Sometimes mowing and …

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Employee vs. Independent Contractor: Essential Business Law You Need to Know

While knowing if your staff and workers are considered employees or independent contractors seems easy enough, there are situations in which the lines between the two can blur. However, the rules of business law, and the IRS, require that business owners determine how to classify their “workers” before issuing a payment for their services. In …

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How To File Corporation Taxes in 6 Steps

Corporate entities are owned by their shareholders and are run by a Board of Directors. Officers elected by the board manage these corporations and the day to day activities. Unlike in sole proprietorships, corporate owners are protected by limited liability, meaning their personal assets are protected from corporate debts and losses as the corporation is …

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Think You Are Ready To Start A New Business? Answer These 4 Questions First

Starting your own business takes courage and the ability to think ahead and stay focused even when under immense pressure. If you haven’t really thought out the purpose of your business and defined your goals, the odds of your success are low. Before you begin the startup process, take time to ask yourself the following …

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