If you want to start your own business, there are a lot of considerations. One thing that all entrepreneurs require, according to the Small Business Administration, is a business plan. The following can guide you on why a business plan is important. Encourage business...
What do cars, food, alcohol, cannabis and health care have in common? They are all goods or services from heavily regulated industries in the United States. In addition, they are also from industries that offer lucrative new business opportunities. If you are an...
If you choose to buy a franchise rather than starting a business from nothing, you have the ability to look before you leap and see how well the system works. Even though this is a key benefit, some franchisees fail to do their full due diligence. There are two...
One of the first steps to take when creating a new company is choosing a business structure. A corporation is a popular choice because of the protections for personal assets from business creditors. However, there are different types of corporations to choose from as...
As someone starting out on your business venture, one of the first things you want to do is decide what business formation works best for your purposes. There are plenty of different business formations out there, from S Corporations to LLCs. But which one works best...
When you have an idea for a startup in Oregon, you need to figure out what type of legal structure to adopt. This decision has many implications. It may impact everything from how you pay business taxes to the compliance requirements to which you must adhere. Per...
Starting a business with another person is a huge decision to make. You will have to commit to working with this person and leaning on him or her for your financial security. Your choice in a partner can make or break your business venture, so you must make sure you...
If you have decided that a corporate structure makes sense for your business, your next step is to form an Oregon corporation. You must abide by all reporting requirements to keep your corporation in good standing with the state. Review the process of creating a...
As a business owner, it is crucial that you make plans for how you will pass on your business. After all, business succession planning will ensure that your work carries on even after you are no longer the head of the company. You have plenty of options available when...
Anyone can start a business, regardless of experience or educational background. However, becoming an entrepreneur is not something that you improvise as you go. It takes careful planning and consideration beforehand to establish your company on a stable footing so...
