Extending your small business’s presence across state lines can help your company reach new markets, grow revenue, and boost profits. But how do you expand a small business into another state? And what’s involved in operating a business in multiple states?
There are some filing requirements to operate in other states legally and tax-related considerations that […]
I love the holidays. Celebrating with family and friends is very important to me and my husband, Phil. And we strongly believe in sharing that holiday spirit with our employees and contractors. Unfortunately, last year, like many of you, we couldn’t celebrate in person, but we still made sure our employees knew they were appreciated […]
Before the pandemic (and all the havoc it created), small business owners were in an ongoing pursuit of sourcing the best workers for their company. Deciding between independent contractors and employees was a frequent question and this debate grew as some states considered enacting laws like California’s 2020 AB5 law. In 2021 “The Great Resignation” […]
It’s estimated that over 70% of U.S. businesses operate as sole proprietors. That’s not surprising, considering that doing so requires no formal business registration forms, few compliance requirements, and income tax reporting simplicity. But as businesses grow and evolve, their owners may decide to change from a sole proprietorship to an LLC.
Many choose the limited […]
Uncertainty is not unfamiliar territory for business owners. However, this past year has brought a significant amount of it to entrepreneurs everywhere and in nearly all industries. Many companies are facing serious challenges. While survival may be their short-term goal, focusing on paths to growth can help position them for success long-term. Developing sound strategies […]
Abraham Lincoln once said, “My best friend is a person who will give me a book I have not read.” While I cannot give you these books, I can tell you about them. My list of favorite 2020 business books will offer information or inspiration (or both) to help you start or grow smarter and […]
Every business owner hopes to reach the peak of business success. You know, when you’re just crushing it—when smooth operations and growing profits allow you to breathe a satisfied sigh of contentment and pride. This year that feeling may seem farther from your reach than ever. A slower economy and a world trapped in daily […]
Many business owners operate multiple businesses and there’s a good reason for that: Once you have one business and business structure in place, it’s much easier to get a new business off the ground than if you had to start from scratch each time.
At some point in your entrepreneurial life you may come upon an […]
Making plans to get your business back on track post-coronavirus pandemic? Here are five responsibilities you should consider outsourcing so you can devote more of your time and energy to the areas where you are most needed.
Your website is likely the most important marketing tool in your arsenal and yet it […]
I think it’s safe to say that nearly all business experts agree that all entrepreneurs can benefit from having a business plan. Why is a business plan important for your startup? According to a study by Palo Alto Software, entrepreneurs who have a business plan are about twice as likely to successfully grow their business, […]
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