Entrepreneurship
What Is A Limited Liability Company Or LLC?
An LLC is a legal form of business that has characteristics of both corporations and a partnership. This form of business offers limited liability protection to its owners. In other words the owners of the business cannot be held fully responsible for any debts that the business occurs or actions taken on its behalf. This [...]
Why Creating An LLC As A Single Member LLC Is Better Than A Sole Proprietorship
When creating an LLC as a single member LLC, the business owners gains 4 significant advantages over a sole proprietor business structure. With the costs of starting and maintaining a limited liability company being so minimal, most lawyers and CPAs would advise on the use of the single member LLC. . . it is [...]
Stop Planning and Dreaming and Start Doing
One of the most counterproductive things that I see people do the most is plan, plan, plan and dream, dream, dream. Now don’t get me wrong, anyone who desires success should plan and dream. But not excessively to the point where action never takes place.
Why is this concept so important? I’ll put [...]
Take Time For Your Business Education
Many small businesses today were begun or continued because of an opportunity. Businesses are often inherited or started without really being thought out. Some businesses become hugely successful while others will fail miserably and some will just putter along in mediocrity. Often the reason for each of these situations is due to education.
In the case [...]
