From the moment you have an idea for a new business, it seems that there are a million different things you need to do. Most of those have to do with creating the product or service that you are going to take to market. Without something of value to sell, nothing else matters. At some […]

Good employees are at the heart of every business. Whenever you see a company thriving, you can be sure that great people are behind the scenes making it happen. The innovative vision of a founder is necessary to get things off the ground, but without talented employees, the journey of any new business will be

When the right situation arises, a merger can be the best choice for two businesses to move forward as one entity. No matter what the motivation for the merger may be – often it is to bring together the strengths of both companies to create something better than what either could be alone – it’s

Understanding LLC Operating Agreements Limited Liability Companies, or LLCs, have gained huge popularity in recent years as an easy, flexible, and secure way to form a business. While there is no one-size-fits-all solution for every business, and LLCs do have some drawbacks to consider, there is a good chance that this structure will be a

A big part of success in any business is having the right documents in place to govern your day-to-day operations. It’s easy to overlook some of these pieces of the puzzle as you are in a hurry to start finding customers and making money, but taking a moment to get everything in order will be

Legally Dissolve a Business: What You Need to Know When you get started with a new business venture, the last thing you are thinking about is what you’ll need to do to close it up. The only intentions you have in mind are growing the business, building a long list of customers, and earning as

Buying a Business: The What and How of Due Diligence There are two basic ways to get into business – you can start a new business from scratch, or you can buy an existing one and take over operations. If you are more drawn to the latter than the former, knowing how to properly buy

There is one decision in business that seems to come up over and over again – do I need a contract for this? When working with any other party as part of your operation, you’ll wind up thinking about whether your dealings with that party need to be governed by a contract or not. On

If you are going to have employees in your new business, you need a way to guide those employees from day to day. They will need to know what to do, what they are responsible for, how to respond to certain situations, and more. And while you’ll certainly be doing plenty of direct training to