Category: Business Startup

Most successful corporations in California are legally registered in other states. The most common state that businesses use when incorporating is Delaware. Corporations that organize in the state can enjoy lower taxes, better corporate laws, and no capital requirements. Delaware also has the advantage of a court system that is … Read More

Companies seeking to incorporate often make unintended mistakes during the incorporation process that can undermine long-term competitive advantage. Some business owners accidentally omit critical documents from their incorporation filings, which can lead to legal liability, unnecessary taxes, and disagreements among members of the founding team. Navigating through the incorporation process … Read More

Opening your own business comes with a lot of concerns. You need to find a physical location, hire a few employees, and make connections with vendors and other suppliers. Before you become too involved with these decisions, don’t forget to take time to evaluate where you should launch your startup. … Read More

You’ve got a great product or service that you want to deliver to consumers in your local market or across the country. No matter how great the potential is for your product to succeed, your startup will never succeed if no one knows about your products or services. Marketing is … Read More

Establishing a new startup company is no easy task. According to StatisticBrain, 25% of startups fail in the first year. Those numbers only rise as time goes on, to 36% in year two and 44% in year three. By the fourth year, roughly half of all startups have failed. There … Read More

As an entrepreneur, it is a wise financial move to choose an entity structure for your new business. Selecting a structure establishes a clear system for paying taxes and paying yourself (and any employees) an income, as well as protecting your personal wealth and assets from disasters that could impact … Read More

Success in any business setting often comes down to personal skills and characteristics. Each year, millions of students graduate from college banking on the knowledge they earned over the course of two or four years of learning. However, sometimes the tools you need for success in business cannot be taught … Read More

There was once a common saying in grade schools that encouraged children to focus on the 3 R’s; reading, writing, and arithmetic. It was a clever way to remind children of the important foundations of a solid education, even if there was only one actual R in the 3 R’s. … Read More

Entrepreneurs are, by definition, bold people who are willing to take risks to achieve something great. No matter how bold you may be, there are always going to be hurdles standing in your way. Some of these hurdles you can, and should, seek to overcome. Others, you should view as … Read More

The decision to launch your own business is an emotional one. You’ll feel a range of emotions; from excitement about your concept and the ability to control your own future, to extreme nervousness about your financial stability moving forward. As you take the steps toward establishing your new business, don’t … Read More