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How to Buy a Company
Finding a company to buy might not be as easy as it sounds, at least initially. The main consideration in buying a company consists in knowing what type of business you think will be profitable and then buying a company in that business. A good place to start is by contacting a broker that ...
Setting an Annual Budget for your Business
Inc. vs. LLC
When setting up a new company two options are to incorporate and set up a corporation (Inc.) or to set up a limited liability company (LLC). Both provide the benefit of personal liability protection, where your personal assets are protected from claims against the corporation. This is a major ...
Deciding When To Call It Quits
Starting your own business is not for the faint of heart. According to the U.S. Small Business Administration, half of all small businesses will fail before reaching their fifth anniversary. With a 50% chance of failure, individuals starting a small business have many challenges to overcome for long ...
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