The Right Way to Go into Business with a Partner

Starting a business up with a partner is a great idea—not only does a business partner effectively halve the staggering amount of work that comes with forming a new company, but having a partner also means having someone to talk to and bounce ideas off of. For many sole-proprietorships, the only employee on the payroll […]

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C Corporation: Pros and Cons

This is an excerpt from our free downloadable guide on incorporation and business entity types. Download the full guide here. Previously, we looked at the LLC entity type, a common choice among small business entrepreneurs. This week, we examine the C Corporation. A C Corporation (also referred to simply as a corporation) is the most […]

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Sole Proprietorship: Pros and Cons

The sole proprietorship is the default entity type for a business with one owner. If you start a business by yourself and don’t take any steps to adopt a formal business structure, you have a sole proprietorship. It’s the simplest business entity for an entrepreneur to operate, since there are no requirements to form or […]

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Keep the Organization Simple

Organizations of all kinds have a bad habit of growing more and more complex. But an important feature for an organization focused on growth is keeping things simple. Whenever a big business fails, we often hear about problems with their organizational structure. It’s a similar story almost every time: The organization grew so big, and […]

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Tailfin Marketing: Be a Partner

It might be cliché, but no company wants to be thought of as just a “vendor.” Greg Abel and Tailfin Marketing place an emphasis on bringing value to their clients and building relationships—ensuring that they are seen as a partner and not just a vendor. Their best successes, he said, come when they are really […]

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Consultant’s Corner: Finding Angel Investors

Question: I am beginning a new business and would like to secure funding through angel investors. Where should I start? Of course, the angel investor category can include family, friends, and business associates. Also, the type of business venture and amount of capital needed can influence where to look for angel investors. For example, your […]

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Building a Strong Banking Relationship

Deciding where to do your business’s banking business is an important question, affecting many aspects of your daily operations, such as business loans, deposits, and cash management. What are the steps you need to take to find the right bank and build a strong banking relationship for your business? Here are a few tips you […]

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Small Biz Stories: Training and Education

Many professions and businesses require additional training and education above and beyond the knowledge necessary to start and run a business every day. Louie Northern of Ascend Aerials needed specific training in several different aspects of using UAS, or drones, to get his company off the ground. First, he had to attend flight school, learning […]

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