For entrepreneurs starting a small business for the first time, it’s easy to feel a bit overwhelmed by all of the funding options available. Do you go with the first offer made to you or shop around? Is it better to go it alone with your personal savings and bootstrap instead? And what about crowdfunding […]
In baseball, pitching has always been an art form. From hurlers like Sandy Koufax, to Randy Johnson, to Clayton Kershaw, all famous mound dwellers know exactly how to throw the perfect pitch, regardless of who’s at the plate. But every great pitcher started by learning sound throwing mechanics. Entrepreneur John Schiller has always had a […]
Small businesses may be making great contributions to the U.S. economy, but their financial health is in critical condition. According to a 2016 JPMorgan Chase Institute study, most small businesses only have 27 days’ worth of money on hand to cover expenses if inflows stopped. Essentially, this means that many small businesses are operating on […]
Evelyn Botwe and Andrew Oppong were high school classmates growing up in Ghana. Little did they know one day they’d be business partners in a venture that lends a helping hand to girls in need who live in their native country. Originally established in November 2015, Adepa Wear, LLC is a clothing company based out […]
When it comes to starting a business with low overhead, opening an online store seems like a surefire bet. You run operations from the comfort of your PJs, and there’s no need to rent out a space or hire an arsenal of employees. However, opening an online store still has some financial concerns involved. Learn […]
We all know that April 18, 2017 is Tax Day this year – the day by which personal income tax returns must be postmarked and mailed or electronically filed with the IRS. However, many taxpayers forget that this longstanding personal filing deadline also represents an estimated tax payment deadline. What Are Estimated Taxes? The concept […]
Kym Peck loves working out. So, in her mind, she thought that there would be no better way to share this passion with others than to start a fitness business for a population that is in dire need of physical activity. Peck established Live 2 B Healthy, a formal franchise venture in Pleasanton, California that […]
S Corporations are considered to be the most prevalent type of corporation with entrepreneurs and the most popular in the United States, with tax year 2003 reporting that 61.9% of all corporations filing Form 1120S were shown to apply for S Corp status. What is it about this entity that makes it so popular with […]
Michael Kincannon loves driving. While working as an Uber driver for over 3 years,Kincannon discovered that life on the road was therapeutic for him. So he decided to take it to the next level and start his own transportation company with his wife, Crystal. Serene Transportation, LLC was born in December 2015. Although the couple operates out of […]
Did you know that one-third of private employers are at risk of an FLSA lawsuit because of comp time (or, formally, compensatory time) issues related to their employees? Operating a small business comes with countless responsibilities, many of which some business owners are completely unaware that can put them into major hot water over legal […]