Sole Proprietorship vs Partnership: How Are They Different?
The Sole Proprietorship vs Partnership dilemma is one most small businesses face when trying to decide how to structure their companies. Imagine this: you’ve moved beyond gifting your homemade…
How Do Interest Rates Affect Businesses: Things to Know
Interest rates can play an important role in the lives of traders who invest in financial markets, sure. But did you know that they can affect businesses as well? But how do interest rates affect…
Why Small Businesses Fail and How to Avoid This Fate
Energy, enthusiasm, and an entrepreneurial spirit are great assets to possess when launching a business venture. They often are not nearly enough. According to BLS data, about 20% of businesses with…
10 Most Common Startup Mistakes You Need to Avoid -- Duplicate
Starting a business means you must master multitasking. Products and plans and a push for publicity all require your attention, and that’s just the beginning. With so much on your plate, it could be…
Sole Proprietorship vs. LLC: Everything You Need to Know
Did you know that thousands of businesses are started in the United States every year? The country reported 5.39 million new business applications in 2021. As an entrepreneur, one of the most…
How to Pick Your Work Space - Home Office vs Coworking space
Being an entrepreneur comes with many perks. Apart from coming up with a new idea and being the first to introduce it into the market, you get to set your schedule. You’re your own boss. You…
Why your organization needs to outsource its payroll processing
Every business organization usually has more work to do than time; regardless of their time-management prowess. A good solution for this headache is outsourcing. Non-core business functions like…
Top 5 Benefits of Being an Independent Contractor in 2024
The gig economy is becoming increasingly popular, which is why more and more people now want to work independently. Understanding the benefits of being an independent contractor can help you figure…
10 Most Common Startup Mistakes You Need to Avoid
Starting a business means you must master multitasking. Products and plans and a push for publicity all require your attention, and that’s just the beginning. With so much on your plate, it could be…
Entity types: which option is best for my business?
The first decision most entrepreneurs face when starting a business is to choose its structure or entity. Entity choice is a critical decision, as it has far-reaching legal and tax consequences. At…
