This is one of the most common questions asked by new entrepreneurs. The answer is: “It depends.” Most business experts and counselors say it should be 30 to…

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The basic function an entrepreneur performs is to innovate new products, services, ideas and informations for the enterprise. As an innovator, the entrepreneur foresees the potentially profitable opportunity…

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This may sound pretty obvious, but the first few months that a business is open can make or break it, and spring is an important time for your…

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An angel investor operates inside a different framework. They’ll offer you the capital needed to get the ball rolling, and in exchange, they receive an ownership stake in…

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Large companies have the competitive advantage over smaller ones in the benefits they provide to their employees. Larger firms have the advantage in being able to offer larger…

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How much does it cost to start a consulting business? What are the typical startup costs for a new consulting business? Startup cost for new consulting businesses range…

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All companies require a business license, whether they sell online or from a brick-and-mortar storefront. … When you operate a business without the proper licenses, you risk heavy…

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LLCs offer the advantage of limited liability protection and flexible tax options. A limited liability company (LLC) is the right choice for any business owner who is looking…

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Yes, if you are not paid as an employee, you are considered an independent contractor and are required to have a business license. How do I become a…

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What types of businesses are involved in a franchise? Business format franchising is the most popular type of franchise system and the one generally referred to when talking…

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