Starting a new business is a challenging pursuit. Part of what makes it so complicated is all the legal implications that come with starting a business. As a business owner, you want to make sure you have covered all your legal bases to avoid any fines, lawsuits, or—worst case—even jail time. Fortunately, there are plenty […]
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6 Critical Questions to Answer When Drafting Your Buy-Sell Agreement
While it may seem like a far-off reality, legacy planning for the business you’ve worked hard to build is an essential ingredient in running a successful business for the long haul. Here are some of the key questions to consider when creating your buy-sell agreement. So, you’ve done it. Your lifelong dream of being a […]
9 Things To Do Before Launching Your Business In 2023
After the last couple of years, launching a business might not be at the top of your to-do list for 2023. Let’s be honest. There’s never a right time to jump into the business world. But if you take the proper steps, 2023 could be the perfect year to start your business. As a proud […]
Should you start a small business with a partner or fly solo? Consider these factors
It’s lonely at the top. Even if, by the “top,” it’s just heading up a brand-new business. That’s why many great companies were started by partners: Ben and Jerry. Steve Jobs and Steve Wozniak (Apple). Larry Page and Sergey Brin (Google). Starting a business with a partner offers many advantages. You have: Someone to share […]
8 Types of Business Ownership for a Growing Small Business
Benefits and limitations of the most common types of business structures to help you weigh your options and make an informed choice. When you’re looking to launch a new venture or take your existing small business to a higher level, it’s important to choose an ownership structure that can support your goals. The main considerations when choosing […]