It’s important that new business owners take protecting their company seriously. There are plenty of people in the world that take great strides in trying to disable new businesses. It’s your responsibility, as a new business owner, to protect yourself, your company, and your employees from potential harm. Here are four ways you can start working to protect your … [Read more...]
Starting a business is a dream for many people, but it can be hard to find success in markets already spoken for by large companies. In an ever-changing business climate, many small businesses and start-ups are finding their success by offering something new. Pioneering your own field comes with plenty of risk, but if you find success, you may change the game and find … [Read more...]
When Antsy Labs, maker of the Fidget Cube, decided to delay production because of a fault they found in the first few units, they took a massive risk with heavy consequences. Their manufacturer was contracted by another entrepreneur to produce the same design, and that entrepreneur made more than $300,000 on the idea, while Antsy Labs struggled to ship units. One of the … [Read more...]
Owning a venue business opens a door to countless opportunities, but it also requires doing a lot of work, investing large sums of money, and dealing with tedious permits. However, it is also liberating, as you can tweak the space and use it and rent it for an astoundingly diverse range of events as you create new contacts and quality business connections. It is also a … [Read more...]
As the owner of a small and growing company, are you aware of the critical employment laws affecting your business? Or do you depend on your managers to be aware of these? As a leader, it behooves you to pay attention to what the law requires and make sure all those in authority in your business are acting in accordance with the law. Here are the six most critical laws for … [Read more...]
When your company has difficulty catching up on the bills, you'll start to worry about creditors coming after your assets. There can be a big difference between personal and business assets, but when you're personally liability depends on a number of factors. Sole Proprietorships and Partnerships If you operate a company as the sole proprietor, your personal and business … [Read more...]
Having a unique product or idea is not the only key to creating a successful startup. It is almost impossible to create a viable business by yourself, so you need to build a team with the right types of professionals. You should find people who will supplement your own skills and knowledge to create a perfectly well-rounded team of professionals. If you are in the beginning … [Read more...]
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