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Why You Should Convert Your Business to an S-Corp

If you are a self-employed, a sole proprietor, or structured as an LLC, you probably felt left out during this crisis, because corporations and W2 employees were prioritized ahead of you by the governments. It was easier for you to apply for unemployment as a W2 employee. And it was easier for corporations to apply … Read more Why You Should Convert Your Business to an S-Corp

How to Write a Business Plan for Small Business

How to Write a Business Plan for Small Business 3

Having a written business plan is essential when you are just starting as an entrepreneur. It helps you evaluate your business idea thoroughly before you begin, makes it easier to obtain a business loan or funding from investors, and provides you with a direction on the path to success. Because it has such a high … Read more How to Write a Business Plan for Small Business

Dave Ramsey’s Advice on Starting a Business for New Entrepreneurs

Dave Ramsey's Advice on Starting a Business for New Entrepreneurs 8

Starting a business on a budget is no easy task. There’s always a product, gadget, gimmick, or location that someone’s willing to convince you that you need — the worst part is when you’re convincing yourself. After signing papers on my own space last Tuesday, I’m right in the thick of it but got some … Read more Dave Ramsey’s Advice on Starting a Business for New Entrepreneurs

Earning Potential: Is Your Business Scalable?

Earning Potential: Is Your Business Scalable? 13

I recently discussed a potential business with an enterprising friend.  She wanted to sell handcrafted products on Etsy to make some extra income on the side. I think making income from a side hustle is a great idea. Personally, I am not the kind that discourages any type of income, but I want to highlight … Read more Earning Potential: Is Your Business Scalable?

5 Best Small Business Ideas to Make Money from Home

5 Best Small Business Ideas to Make Money from Home 18

Who doesn’t need some extra money, even if it’s just to increase your savings? No one ever seems to have enough savings, and many of us have none, so having some extra cash to save without having to take an outside job is never a bad idea. There are several things you can do to … Read more 5 Best Small Business Ideas to Make Money from Home

5 Home Business Ideas with Low Start Up Costs

5 Home Business Ideas with Low Start Up Costs 23

The changes we have been experience over the past 10 years has many thinking that a home business might not be a bad idea. It’s not just about escaping the rat race; in some cases, it’s about income diversity. The reality that anyone could get fired from a steady paying job is one that has … Read more 5 Home Business Ideas with Low Start Up Costs

Are Top Franchises Worth the Initial Investment?

Are Top Franchises Worth the Initial Investment? 37

Have you ever seen a great location in your town and thought that it would be perfect for a coffee shop or restaurant?  Some people dream about opening up a little Mom and Pop restaurant and running their own business for a living. Unfortunately, the failure rate is very high for these businesses. An alternative … Read more Are Top Franchises Worth the Initial Investment?

The 10 Worst Things About Owning Your Own Business

The 10 Worst Things About Owning Your Own Business 41

Let’s face it, being a business owner requires a specific type of personality and an unmatched level of passion and drive. Not many people have what it takes to start their own business and be successful. That said, it’s doubtful anyone who owns their own business would trade it for anything. Nothing beats being your … Read more The 10 Worst Things About Owning Your Own Business