6 Ways to Build a Successful Brand When talking about businesses and brands, it’s only natural to feel hopeful. Every well-known brand started with a simple idea and as a small business. Therefore, there’s no reason your company, regardless of its size, can’t become equally successful. Here are a few tips on building a successful [...]
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6 Big Mistakes to Avoid as a Business Owner Most of us know at least one successful business owner, and there are numerous stories about multinational corporations buying startup businesses for millions. It may sound easy, but running a business takes commitment, effort, and time. To start things off on a firm footing, avoid these [...]
Business owners frequently find themselves needing to establish a value for their companies. Whether they’re selling an ongoing business, getting divorced, or creating a partnership, it’s vitally important to have an accurate business valuation. However, “value” has different meanings depending on the need, and there are different approaches to determining value. Three Business Valuation Strategies: [...]
In the business world, finance is a critical factor. They ultimately tend to draw the line between success and failure while deciding just how much leeway a company has to grow and evolve. That being said, not all finances are the same. Certain differences exist between cash flow and profits. Understanding the key contrasts between [...]
The Worldwide Boom in New Business Startups - Are You Prepared Legally? According to the website Quora.com, in the United States alone, approximately 3 million new businesses are started each year - and by extension, that means that worldwide, as many as 50 million new business startups begin operations in a single year! Perhaps you [...]
According to research from MIT and Northwestern University, the average entrepreneur is not a millennial fresh out of college. In fact, the average age of startup owners is 42 years old. Though some entrepreneurs start smaller than others, the study’s data also covered companies in sectors likely to go through significant growth phases. There’s much [...]
When people are interested in starting a company, they look at the various options available to them for starting a business, such as whether they want a corporation, or a limited liability company (LLC). This article focuses on the establishment of the limited liability company and provides information to those who are planning to start [...]