Running a small business in today’s economy is no easy task. According to Forbes, around 80% of small businesses fail within the first 12-18 months.…
You’ve probably know what you should do to make your business a success but do you know what you shouldn’t do? No one wants their…
I’ve thought long and hard but I just can’t think of a large, successful company that does not implement performance management. Famously, Jack Welch, CEO…
Traditionally, Limited Liability Companies are treated like partnerships. Two or more people get together, found a company, form an LLC, and then start running the business.…
Small businesses get better tax breaks than hobbyists, reports the Small Business Administration. As a hobbyist, you must pay tax on any income earned from…
Limited Liability Companies were, originally, meant to be a replacement for the standard partnership. In 1977, the IRS ruled that it would treat the very…
Globalization is an especially compelling concept for business owners to consider. Instead of appealing to one market in your own country, you could appeal to…
Are you a potential entrepreneur considering venturing into starting up your own business? If so, it’s important that you start familiarizing yourself with information on…
A Limited Liability Partnership is a very interesting type of business structure. Limited Liability Companies already combine the ease of running a partnership with the…
When it comes to keeping your company above water financially, every penny counts. There are many ways to save money on operating costs so that…