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The Biggest Mistakes New Business Owners Make (and how to avoid them)

2020-09-28T19:24:48+00:00

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 [...]

The Biggest Mistakes New Business Owners Make (and how to avoid them)2020-09-28T19:24:48+00:00

Business Valuation: A Beginners Guide

2020-09-14T16:32:09+00:00

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: [...]

Business Valuation: A Beginners Guide2020-09-14T16:32:09+00:00

Why Cash Flow, NOT Profit, Is the True Fuel for a Business

2020-08-31T20:42:07+00:00

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 [...]

Why Cash Flow, NOT Profit, Is the True Fuel for a Business2020-08-31T20:42:07+00:00

The Core Legal Documents You Should Have In Place for Your New Business

2020-08-17T18:31:16+00:00

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 [...]

The Core Legal Documents You Should Have In Place for Your New Business2020-08-17T18:31:16+00:00

Taking the Leap: Why the Average Company Founder Age is Older Than You May Think

2020-07-17T16:19:50+00:00

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 [...]

Taking the Leap: Why the Average Company Founder Age is Older Than You May Think2020-07-17T16:19:50+00:00

Should You Form a Parent LLC To Own Multiple Companies?

2020-04-16T16:08:32+00:00

Business owners who have multiple companies may be thinking of ways to manage those various organizations, especially for legal and financial purposes. One idea is for business owners to think about forming a limited liability company as an umbrella for the multiple companies they own. Business owners can form an LLC for each company or [...]

Should You Form a Parent LLC To Own Multiple Companies?2020-04-16T16:08:32+00:00
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