Oct 29, 2014 | Running Your Business
A successful small business doesn't only depend on the idea, it also hinges on the role players. A new company will only be prosperous if the founding team allows it to be, Entrepreneur explained. As a small business begins to grow, it will require the...
Oct 27, 2014 | Running Your Business
Many small businesses will eventually have to move on from partnership or sole proprietorship status. Owners should understand the differences between corporations and LLCs for when that time comes. There are a number of small distinctions between the two...
Oct 27, 2014 | Running Your Business
Many businesses fail within five years, and though there are many for reasons for this, often times it is simply because there's no market for the product or service offered. Business owners who spend too much time focusing on their product, and don't...
Oct 22, 2014 | Running Your Business
The early years of small business ownership are critical, and if you find yourself in debt during that initial period you will need a smart financial plan to avoid failing. Statistics show that the first four or five years are crucial to a business's...
Oct 22, 2014 | Running Your Business
Opening a second location for your small business can be an exciting prospect, but this does not mean that it will be easy. When you expand, you will have to make sure you're completely prepared to open up a second location. While it is normal to think in...
