The Start Up Blog

Category: Business Maintenance

Why Choose Delaware as Your Corporate Home?

Delaware State SealMore than half a million business entities have their legal home in Delaware including more than 50% of all U.S. publicly-traded companies and 60% of the Fortune 500. Businesses choose Delaware because the state provide a complete package of incorporation services including modern and flexible corporate laws, our highly-respected Court of Chancery, a business-friendly State Government, and the customer service oriented Staff of the Delaware Division of Corporations.

There are five great reasons to choose Delaware.  I’ve outlined them below:

Did you like this? Share it:

Read more ...

Learn the 6 Key Steps to Developing Entrepreneurial Resilience

entrepreneurial resilience, keep going

There it is…your dream has come true! You have the breakthrough, million dollar idea. You have set up your corporation. You have a bank account. Your brilliant web site is beautiful and waiting to collect orders and money. It is time to sit back and enjoy life as an entrepreneur, right? Wrong, unfortunately. This is just the beginning of the hard work and ingenuity it takes to keep yourself and your company on the road to success.

After that first magic burst of energy and effort, the entrepreneurial life with its demands for effort and consistency may become a little discouraging. It is extremely important to recognize that even an “overnight success” may be several years in the making. If you want to succeed you just have to keep at it. As Woody Allen said “90% of success is showing up.”

Did you like this? Share it:

Read more ...

Why Should You Become a Backer for Aspiring Entrepreneurs in Poor Countries

kiva banner logo b4bEvery day new exciting businesses emerge in an attempt to take on the world. Half the entrepreneurs we’ve met here at Inc.Plan (USA) are already enjoying impressive success and they are only halfway where they want to be. The enterprise space seems to make room for every individual with a business mindset who strive to ideas into a successful reality. At least it may seem that way.

Did you like this? Share it:

Read more ...

Q&A: Why should I convert my sole proprietorship into a corporation?

Q&A: Why should I convert my sole proprietorship into a corporation?

There are several reasons to consider converting the status of a business.

Limited liability

Corporations limit the liability an owner can incur from running a business.  A sole proprietor is responsible for all debts and burdens incurred while doing business.  A corporation limits an owner’s exposure to risk by creating a legal wall between personal and business property.  Owners of a corporation separate their resources into two groups (their personal and business .) As long as the company is not engaging in criminal activity the personal property of the owners is not at risk.

Did you like this? Share it:

Read more ...

It Is Easier to Keep An Old Client Happy Than to Find a New One

 

Happy1Research shows that “…retaining existing customers is more profitable than acquiring new customers due primarily to savings on acquisition costs, the higher volume of service consumption, and customer referrals.” And it is not only more expensive to gain clients, but much more difficult. In spite of that, many businesses focus on getting new customers and ignore the need to keep existing customers happy.

 

This makes no sense since with relatively little effort you can keep your customers active and loyal.  The following discusses four areas that are important elements in increasing customer satisfaction

 

Did you like this? Share it:

Read more ...