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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 10

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

How to Make More Money and Build Income Streams

How to Make More Money and Build Income Streams 15

This guide is intended to provide readers with ideas, how-to tips, and resources to build multiple income streams and make more money. If you are interested in becoming less dependent on your job and earn your way to wealth, this is the guide for you. On the other hand, this guide is not about getting rich … Read more How to Make More Money and Build Income Streams

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

Dave Ramsey's Advice on Starting a Business for New Entrepreneurs 23

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? 27

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?