How to start a business from scratch: Steps to help you succeed
Starting a business can be a rewarding opportunity and a chance to pursue your passion. Whether you’re starting a business on your own or partnering up with someone to bring your ideas to life, this journey will require a blend of determination, creativity, and strategic planning. From determining the ideal business structure to setting up payment […]
What is an EIN number? Does your business need one? How to apply
Business owners, solopreneurs, and self-employed individuals often question whether they need an employer identification number (EIN). Some small businesses can operate without one. However, it’s always best to do your research first to ensure your setup for success. Let’s look at what an EIN number is, who needs one, and how to use it. Getting a […]
What is an LLC? Definition and how to form one
As a solopreneur, you may find yourself becoming the face of your business. If you’re front and center for your personal brand, it’s important to legally distinguish between you and your company from the beginning. You can accomplish this by setting up an LLC. An LLC is a legal entity designed to protect business owners […]
3 Different Types Of Business Structures You Need To Know
When you first start a business, one of your top concerns should be how to minimize your personal liability. That means that you choose a business structure that separates you as an individual—along with all your personal assets—from the business as an entity. Here, we look at the three most common business structures, and what you […]