What is a Business Plan for 2024? A business plan for 2024 is a strategic document that outlines the goals, strategies, and actions a business intends to take over time to achieve its objectives. It serves as a roadmap, guiding the business through various stages of development, ensuring alignment with market demands, financial goals, and […]
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When deciding how to structure your business, two popular choices are the S Corporation (S Corp) and the Limited Liability Company (LLC). Each has its own advantages and disadvantages, which can significantly impact how your business operates and is taxed. Understanding these differences can help you make an informed decision. Limited Liability Company (LLC) Formation
S Corp vs. LLC: Key Differences and How to Choose? Read More »
What reality tv does not cover when set on a business background, is how hard it could be to run a business. What is also never covered are the legal obligations that have to be met or risk fines, fees and other penalties, and even losing your business entirely. Table Of Contents While it is
Happy Employee, Happy Company Some of you may remember I had previously mentioned my experience of owning a bar. As a former bar owner, I learned a lot about the dynamics involved in an employer-employee relationship. But honestly, it does not take rocket science to figure it out. Every employer that is trying to run
How Important is Keeping Your Employees Happy to Your Business? Read More »
The entrepreneurial spirit comes easy for some. It did for me. As a child I just wanted to create big and beautiful businesses. However, the right mindset takes time and effort to develop. An entrepreneurial mindset is a blend of specific traits, skills, and thinking patterns that are crucial for starting and managing successful entrepreneurial
How did IKEA, Apple, Uber, and Airbnb reach their level of success? They simplified! Discover the areas you can simplify in your own business with the help of this book. By: Richard Koch , Greg Lockwood , Perry Marshall The central premise of the book is that businesses can achieve exponential growth and success by
Simplify: How The Best Businesses In The World Succeed Read More »
From the people at Entrepreneur Magazine. If you want to make some extra cash or turn a small project into a real business, the updated 2021 version of “Start Your Own Business” is a great starting point. Now in its 8th edition (2021), this go-to business guide helps you plan, market, and make money in
Start Your Own Business: The Only Startup Book You Will Ever Need Read More »
The restaurant industry is more competitive than ever. Aspiring restaurant owners face big challenges, from picking the right location, getting the word out to consumers, preparing their menus and everything that is part of their launch. There is so much to do and everything is on the line, and there is little space for errors. However, a well-thought-out approach can substantially mitigate these risks, setting the stage for a successful business.
Opening a New Restaurant: 3 Things You Should Do First Read More »
Discover how to identify your motivation for entrepreneurship and use it as a roadmap for building a successful business.
SHOULD YOU START YOUR OWN BUSINESS? Read More »
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