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For many new business owners, business incorporation may not be a four-letter word. Step back and ascertain whether incorporation is right for you. Here are some points to consider.
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Perhaps you've been hearing about a social network called Twitter. While Facebook is still widely associated in the public's minds with teens and 20s and LinkedIn is strictly professional, Twitter is evolving into a business tool.
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Whether you are the sole employee of your enterprise or you have several employees, incorporation can bring legal and tax protection for you as its owner, but can also bring tax burden, additional cost and paperwork.
Incorporation can bring legal and tax protection for you as its owner, but can also bring tax burden, additional cost and paperwork. So it’s important to understand the implications of the business structure you choose for you business.
Here are some of the benefits and disadvantages of incorporating your business as well as links to available government resources that can help you decide which business structure is right for you.
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JohnB at Rebuilding Eden took a good look at what you need to do to achieve success when starting a business. He opens with a disclaimer, saying that his is not a hugely successful business but that he is successful on his own terms. That's an important point to keep in mind...
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Many small businesses find themselves competing with very large businesses. It is concerning if you share the market with other small businesses, and then a big guy comes to town. This is especially true in retail, but it can affect manufacturers and service businesses, too. What to do?