Month: February 2015

What is a registered agent? [Video]

February 24, 2015

Transcript

If you have considered forming a corporation you know that businesses interested in incorporating or creating an LLC must specify a registered agent for their company — but what does that service really get you? A registered agent is a person physically located in your particular state of incorporation who receives important legal and tax documents on behalf ... Read More

Choosing the best legal structure for your business

February 24, 2015

Starting a business involves making a number of tough decisions: what to name your company, where to operate, who to hire, what paperwork to file and how to score investors, just to name a few. Out of all these determining the best legal structure for your organization may be the most important. Many business owners leave the task waiting too long — after all, it's a complex d... Read More

Making a winning business pitch

February 11, 2015

The number one goal of a business pitch is to get people to fall in love with the idea of your company. For entrepreneurs, like any creative minds, this can be a nerve-wracking prospect. You have spent weeks, months, if not years, developing your idea. It is as precious to you as a novel is to an author. Standing up in front of an audience whose only job is to judge your idea, and judge it r... Read More

Writing a winning mission statement

February 10, 2015

A mission statement is a document declaring the purpose of your business, and captures the essence and the principles behind your major goals. It very simply tells anyone who might wish to know — customers, employees, investors — what your company is, why it exists and what niche you fill in the business world. Here are some questions to ask yourself as you craft a winning missio... Read More

Tips from the world’s top entrepreneurs

February 09, 2015

The Digital Age and all the technology it brings has allowed entrepreneurship to flourish like never before. A single person or small company can change the face of business with innovative crowd-sourcing tools. The best entrepreneurs know how to use the resources available to them and leverage their opportunities to get the best results. Here are some tips from big names in the business wor... Read More

Who is reading your business plan?

February 06, 2015

Writing a business plan is often the very first step for most entrepreneurs as they formalize their company. The plan generally includes vital information about the growth of the business, as well as data used to attract lenders and investors. It is important to remember that there will be a variety of readers poring over your plan — bankers, customers and partners, among others&n... Read More

Start your business by purchasing a franchise

February 05, 2015

If you are looking to make it big in the entrepreneurial world, but find the idea of starting from scratch to be a bit intimidating, you are not alone. Many successful business owners have chosen to skip over inventing a company from the ground up. Instead they bought a franchise.

Franchising is an arrangement between two parties where the franchiser grants the franchisee the right to ... Read More

Start a business without losing your day job

February 04, 2015

There is always risk involved in starting a business. You can never be entirely certain that your idea will come to fruition, that investors will find your genius worth funding or that consumers will believe that you have the answer to their problems. Sometimes it can pay to keep your day job while exploring a new business venture. The balance between running a brand new business and working... Read More

The benefits of incorporating your business

February 03, 2015

Incorporating your business may sound intimidating but in the long run it will be better for you and your business. Forming a corporation, or a Limited Liability Company (LLC), involves the recognition that your business is a person in the eyes of the law. An... Read More