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There are many reasons you should consider starting a business. The changing economy has forced many people to start thinking out of the box as far as their careers are concerned. According to Business Insider's Infographic, The State of U.S. Small Businesses, there are over 28 million small business in the United States, accounting for over 22 million self-employed individuals. The economy ... Read More

There are a million and one reasons to start your own business: you crave independence, you want to be the master of your own destiny, you want to make a difference. Many entrepreneurs will tell you that as hard as creating a startup might be, it is equally rewarding. If you are considering starting your own company, here are a few tips to help you out: Don't ignore good ideas: B... Read More

One of your first steps after founding a nonprofit organization, even before applying to the IRS for tax-exempt status, should be to incorporate. While it involves mundane paperwork, there are numerous benefits of incorporating that will help your nonprofit in the future. Here a few circumstances where a corporation will be an asset:

Your organization makes a profit from its activitiesRead More

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 decision that involv... Read More

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 ruth... Read More

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 mission statement: <... Read More

Tips from the world's top entrepreneurs

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 result... Read More

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. It is imperati... Read More

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 its tr... Read More

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 fu... Read More