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...
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Business Formation
Should you form an LLC?
As an entrepreneur, the first thing you need when starting your new business venture is a strong foundation. You can go about this by choosing the best possible business formation for your endeavor. But how do you know which one to pick? There are many business...
3 common business structures
Choosing a business structure is one of the most important decisions you must make when starting a new company. The structure you choose informs so many of the other aspects of operating your business, including raising capital, assuming liability, paying taxes and...
What to know before forming a business partnership
When starting, all business owners face the decision of how to structure their companies. They may choose from sole proprietorships, partnerships, limited liability companies and other structure options. With various formation types available, some may struggle to...
Do not believe these 3 succession planning myths
If you have grown a startup venture into a successful company, you undoubtedly have an eye on the future of your business. Eventually, you may want to retire or step aside to focus on something else. Having a comprehensive business succession plan is an effective way...
Follow these 4 rules when starting a business with your spouse
One thing you’ve always wanted to do was to set up a business with your spouse. You want to do so because they’re talented at what they do, and you have the training in marketing and logistics that is needed to make them successful in the field. Together, you truly...
Execute a good contract to minimize the risk of working with a third party
As a business owner, you probably rely on third-party contractors for at least some of your business needs. Whether it’s outsourcing marketing tasks or working with a third party to purchase products for your store, it’s important that you have a good, solid contract...
Choosing the right entity during the business formation process
Starting a business involves making important financial and legal decisions regarding operations, liability and taxes. Choosing the right entity during business formation is important, and the appropriate choice depends on the preferences of the owner, the type of...
What should an entrepreneur know about business formation?
Starting a new company is an exciting step for an Oregon entrepreneur who has been planning and dreaming about this venture for years. However, launching and operating a successful business requires more than just having a good idea and maybe creating a social...
Business formation for the good of the United States
Starting a small business is not only a good step for those who want to work for themselves, but it can also be good for the country as a whole. With much of the United States still facing shutdowns and slow reopenings, Oregon entrepreneurs may feel hesitant to...
