Startup? Don’t Forget These 4 Areas

The final phase of starting a new business involves several administrative matters. With the business entity formed and registered, the physical facility ready, the new business owner must address outside professional support: banking, insurances, accounting and tax systems, and staffing. Some of these administrative elements significantly impact the financial health and management efficiency of the […]

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Taproom Coffee: Starting a Business

For Jonathan Pascual, owner of Taproom Coffee in Kirkwood, Georgia, owning a business started off as a far-off dream. But once it seemed that the dream could become a reality, he quickly went about learning as much as he could about his industry and running a business. Free Download: [eBook] All About Incorporation — Choosing […]

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Insuring Your Home Based Business

Do you operate a business out of your home? Have you specifically covered your business assets? If you haven’t, you have a potential problem. Fact: A typical homeowners policy does not cover your business. Your coverage for business assets in your home is probably limited to $2,500. Coverage of liability due to a business activity […]

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Consultant’s Corner: Filing for a DBA

Question: “I’m planning to set up an LLC eventually. Could I use a DBA other than my name if I haven’t reserved/trademarked the name yet?” Answer: Business Name Registration Yes, sole proprietors can use fictitious business names (assumed, Doing Business As (DBA), trade name, etc.) for their businesses without registering a business entity (LLC, corporation, […]

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How to Negotiate a Personal Guarantee

Personal Guarantees are a part of doing business. You need a loan, you seek a loan, and the lender requires a guarantor to sign the loan agreement. There are no ways around this. However, there are ways to negotiate a deal so that your personal assets are not entirely at risk of being liquidated in the […]

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Laughing Skull Lounge: Differentiate Yourself

What makes you different from everyone else around you? Marshall Chiles, founder and owner (and self proclaimed “dudeman”) of the Laughing Skull Lounge in Atlanta, has created a business unlike any others in his market. With the smallest space and the fewest seats of any comedy venue, the Laughing Skull Lounge offers a more intimate […]

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Consultant’s Corner: Funding a New Small Business

Question: What is the best way to go about getting a loan from the SBA? Contrary to popular belief, the Federal Small Business Administration or SBA does not provide loans but merely provides loan guarantees on funding offers made by its lending partners (Banks, Community Development Organizations, Microlending Institutions and other lenders). There are several […]

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Make Time for Strategic Planning

Running your business is an exhausting, all-day-every-day enterprise. You have so many things to do—from the central task of finding more customers to the ins and outs of day-to-day operations. And it’s especially true for a small business, where you don’t have a huge staff of people to spread the tasks around. With so much […]

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How a B Corp Certificate Can Help You Achieve Success

B Corp Certification is provided by B Lab, and requires companies to meet high performance standards for their environmental, social, and transparency standards. This certification is rigorous, but it can help a business stand out from the pack by clearly communicating your values and commitment to the community. It can also help companies attract better […]

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