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How to Start a Franchise and Become a Franchisor

How to Start a Franchise and Become a Franchisor 7

When you achieve a certain level of success with your business, it makes sense to want to expand. But that doesn’t mean that you have to create a huge corporation. Instead of doing all of the expansion yourself, you can encourage others to do it for you. Franchising your business can provide you with a … Read moreHow to Start a Franchise and Become a Franchisor

Is It a Business Opportunity or a Scam?

Is It a Business Opportunity or a Scam? 9

As a freshman in college, I saw an ad in the school newspaper looking for envelope stuffers. To me, the idea of stuffing envelopes at a rate of $1 per envelope seemed like a great “business opportunity.” I had a scholarship, and I was working at the university cafeteria for spending money. When I saw … Read moreIs It a Business Opportunity or a Scam?

How to Start a Small Business LLC

small business llc

One of the best ways to improve your financial situation is to start a side business that grows into a full-time income. But operating a business as a sole proprietor leaves you and your personal assets little protection from lawsuits. To better protect your assets set up your business correctly from the beginning as a … Read moreHow to Start a Small Business LLC

Entrepreneurship and the Risk of Personal Guarantees

Entrepreneurship and the Risk of Personal Guarantees 12

Aren’t we all ready to tell our boss off, walk out, and start our own company that will be wildly successful? Don’t we all have those great ideas that we know would be successful if only we had more time to dedicate to nurturing it? We see success stories all over the internet and TV … Read moreEntrepreneurship and the Risk of Personal Guarantees

Are Top Franchises Worth the Initial Investment?

Are Top Franchises Worth the Initial Investment? 15

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 moreAre Top Franchises Worth the Initial Investment?

Direct Sales: Perfect Job for Stay-At-Home-Moms?

Direct Sales: Perfect Job for Stay-At-Home-Moms? 18

Since becoming a parent, I’ve been noticing just how many of my fellow stay-at-home-mothers are supplementing their income through direct sales jobs. We’ve all had some experience with one of these companies—either going to a makeup or candle or scrapbooking party, having a friend become a consultant, or even going to one of the big … Read moreDirect Sales: Perfect Job for Stay-At-Home-Moms?

5 Guidelines for Deducting Entertainment Expenses from Your Small Business

5 Guidelines for Deducting Entertainment Expenses from Your Small Business 21

It can be tempting to chalk up all your entertainment expenses as business expenditures but you must resist the temptation or face the music from the IRS. Small business expenses do have rules and if you break them, you could find yourself in tax trouble. Entertainment expenses including those for meals out are sometimes the … Read more5 Guidelines for Deducting Entertainment Expenses from Your Small Business