Once you’ve developed a great new business idea, there are several structural issues you have to take into consideration. One of the most important decisions you’ll need to make next is to decide what kind of legal entity you’ll set up. Depending on whether you have a partner, multiple partners or you’re going it alone, there are various legal entity choices. For those who prefer to watch or listen, here is a short video that explains common forms of business structures: According to the … [Read more...]
Start-Up Blunders You Can Learn From
Start-Up Blunders You Can Learn From Like anything else in life, if you're thinking of starting a business, you should look to those who have gone before you. While you should take the time to learn from the successes of others, you should also spend time researching their mistakes. It's reported that only 10 percent of new businesses will still be operating after five years. If you hope to be among that coveted 10 percent, here are common blunders that you should learn from: … [Read more...]