McDonald’s, Apple, Exxon, Buick. These are the names of companies that we know well. They are instantly recognizable. When we hear these names we know exactly what each of these companies does: McDonald’s makes hamburgers, Apple makes computers. However, clues to what they make cannot be found in the name.… read more →
Below is a list of five of the most common business structures, along with some of the main advantages and disadvantages of each. This installment features the sole proprietorship, general partnership, limited partnership, c corporation and s corporation. The second installment will feature the five other most common business structures.… read more →
Everyone in the country should know what identity theft is by now. Warnings about identity theft emblazon billboards. Commercials for security devices flood the radio and television waves. But if that is how you heard about identity theft, then you are probably under a misconception: that it is a crime… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. In the last section we looked at how… read more →
When starting your own small business you may attract all kinds of new attention. Your business may be featured in the newspaper, customers may be flocking to your storefront, and other business owners will contact you to do business with them. Oh, and you are three times more likely than… read more →
There are three primary ways in which a small business can get paid: cash, credit cards and checks. Each method has its advantages and disadvantages and that is what we are here to discuss today: the pros and cons of each. We will start with the old king of currency:… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. In the last section we looked at how… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. In the last section we looked at how… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many people is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. Here is a look at some of… read more →
We all interact with corporations on a daily basis. Have you been to Wal-Mart lately or bought gas from an Exxon station? We all talk about corporations, and we usually have an opinion when it comes to corporations, but do we all really understand the structure of a corporation? Do… read more →