Working with a partner has many benefits that you should consider when launching your business venture. You can work together to share important duties and you will have twice the brainpower to work out complex problems. However, you will need a foundational document...
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Business Formation
Can an employee handbook help your business avoid litigation?
When it comes to helping your Oregon business avoid wasting precious time and money on litigation, a little bit of prevention often goes a long way. An employee handbook is an important tool for any size company to have. Having a carefully drafted handbook in place...
How is a joint venture different from a partnership?
You may want to share your business with another entrepreneur, perhaps to the point of forming a partnership. However, not all business ventures consist of partnerships. The nature of your professional relationship with another person or business might constitute a...
What are the benefits of a limited liability partnership?
A limited liability partnership or LLP provides you and other members of your company with liability protection. According to the U.S. News, individual members are not liable for their partners' misconduct and are not liable for the partnership's liabilities. How is...
What to know about registering a business
Starting a new business requires action beyond coming up with a product or service idea and putting it to market. One such step that business owners take includes registering their business names. Understanding business name registration may help business owners...
What are the benefits of a business partnership?
When you open a business, deciding the business structure should be one of your top priorities. If you share your business venture with another party, you may want to consider a partnership. According to Business News Daily, you can form a partnership with two or more...
What are pros and cons of forming a successor business?
You might have formed a business in the past but a poor economy, bad marketing or perhaps just bad timing made it impossible for your company to succeed. But you feel confident that your ideas can still work, and you may plan on creating a successor company that picks...
Why do you need a business plan?
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...
3 Tips for creating a startup in a heavily regulated industry
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...
What you need to research a franchise opportunity
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...
