Even bootstrapping your startup requires some capital. You have to eat, keep the lights on, and cover the cost of hosting and registering domains. And if you live in a state that isn't small business friendly (cough..cough..California), you'll need to deal with business licensing fees. Most of my friends and family know that I make my living writing content for companies around the world. During my first few years, they thought I was just agoraphobic because I chose to sit at the keyboard … [Read more...]
Want to Start a Business? How to Determine the Best Business Structure
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...]