Seed and Development

Do you have a business idea and you’re ready to take the plunge into entrepreneurship? If so, our seed and development articles are a perfect fit for you and your new business. Our blog posts will help you assess if your idea is viable and we’ll teach you how to turn this idea into in a profitable business venture.

5 Signs That Your Hobby is Ready to Be a Business

You’re passionate about your hobby, whether that’s hand sewing baby clothes or creating terrariums. And maybe you’ve started to make a little money selling these items. So when should you take your hobby to the next level and build a real business?

Here are five signs that it’s time to take your hobby up a notch.

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Multiple Ventures? How to Best Structure your Multi-Brand Business

It's possible to create a separate business entity for each venture you start. However, this can result in excess paperwork and legal filings. And in many cases, each business may not be earning a significant amount of revenue individually, making the paperwork seem especially tedious. To save some headaches and paper, this article provdies you with great tips to consider when dealing with multiple business types.

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Ready to Incorporate? Why Delaware or Nevada May Not be the Answer!

Nevada and Delaware are popular states for good reason. Many larger corporations choose Delaware because it offers some of the most developed, flexible, and pro-business statutes in the country. And Nevada is increasingly becoming a popular choice for businesses due to its low filing fees, as well as the lack of state corporate income, franchise, and personal income taxes. However, most small businesses never see the benefits from incorporating in these states, and end up with a lot more headaches and costs than they ever anticipated. As a general rule of thumb, I like to say that if a small corporation or LLC has less than 5 shareholders or members, it is best to incorporate in the state where the business has a physical presence.

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