Articles in the Starting a business Category
Starting a business »
If you need help writing a business plan, you have to understand what it is and why it’s necessary. A business plan accurately explains what your business is about, establishes your goals, and serves as a resume for your company. It basically contains the current and pro forma balance sheet, a cash flow analysis, and income statement. It helps you properly allocate resources, handle unexpected complications, and make sound business decisions.
It’s a good idea that you’re seeking help writing a business plan because it is an essential tool for applying …
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The business structure is one of the first things you’ll have to decide on when starting your company. There are different forms of business ownership for you to choose from and the structure you decide to go with will have long-term implications. It’s best to to consult with an accountant and an attorney to go over the various forms of business ownership with you so you’ll select the right business structure for you.
There are many factors to consider when deciding on a business structure.
What is your vision regarding the nature …
Starting a business »
I want to franchise my business is what many business owners have thought about before. There are many reasons for someone to think “I want to franchise my business.” One reason is because you think your company will generate more income without the headache of you being around to manage the place. The other reason to franchise your business is that someone might have told you your business will be a great franchise, or you feel that you have a cool store with lots of hot items. Whatever the …
Starting a business »
You may have to go through business name registration for doing business as a fictitious name instead of your legal business name. A legal business name is your full name if you are the sole proprietor. If you are a partnership, then it’s you and your partner’s last names or the one in the partnership agreement. For LLCs and corporations, it’s the one registered with the state.
If you want to run a company with a DBA (doing business as) name instead of your legal business name like Jane Smith, you’ll …
