Posts by Deborah Sweeney
From Sole Proprietor to LLC: Here’s How to Make the Transition
One aspect of entrepreneurship that is not often discussed is that the legal entity formed for a business at its offset does not need to be its formation forever. Entrepreneurs have the option to change structures that best fit their needs, and many begin as sole proprietors. For those that are ready to make the…
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Starting Your Entrepreneurial Journey? Follow This Checklist
Do you plan to start a small business in the new year? If so, congratulations—and welcome to the world of entrepreneurship! Launching a startup means checking off a variety of boxes that determine if you’re ready to go into business. From making sure your idea is viable for a startup to incorporating as a business…
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How to Create a Legacy for Your Business
What do brands like Coca-Cola, Apple, and Tiffany & Co. have in common? They are all iconic legacy brands that are beloved and recognizable on a global scale. For small businesses dreaming of getting on the same level, what can they start doing now to ensure they leave behind a lasting mark? Here are a…
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10 New Year’s Resolutions Entrepreneurs Can Easily Keep
As 2020 winds down, entrepreneurs everywhere are reflecting back on the year in business. In between crossing off last-minute items from end-of-year checklists (like reviewing profit and loss statements and filing an annual report), they’re also making resolutions for 2021. While it’s easy to be motivated by the new beginnings each year holds, it’s a…
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How Long Does It Take to File for a DBA?
That old cliché about time being money has a magical way of creeping into so many of these types of posts, doesn’t it? Even if you don’t judge every minute of your life by the amount of money you could be making, you still probably want to know how long it will take to file…
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Who Wins When Women are in Leadership? Everyone!
On Friday November 13, 2020, the Miami Marlins made a major announcement. They hired Kim Ng to be their new general manager. Ng’s hiring not only makes her GM of the Marlins, but also the first female GM in Major League Baseball. In a year as unprecedented as 2020, silver linings are starting to emerge…
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5 Partner-Specific Areas to Cover in a Written Partnership Agreement
When you first get your startup off the ground with a partner, it’s easy to feel like you’ll be in it together for the long run. But what happens when the dynamic begins to shift? One person may gradually devote less time and energy to the company, and the other may plan on taking it…
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How To Form a Non-Profit Business
If you’re looking to form a non-profit corporation, there are several important steps for you to follow. Incorporating a non-profit corporation is often similar to a for-profit corporation, but there are some differences to be aware of. Here are some general guidelines for incorporating a non-profit. Pre-Incorporation Matters Prior to incorporation, you should have a…
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How Introverts Can Succeed As Entrepreneurs
What kinds of adjectives come to mind when you think of the word entrepreneur? You may be imagining someone that is ambitious, hardworking, enthusiastic, and gregarious in nature. Let’s go back to that gregarious part. What if you tend to be a little bit shy or timid? Can an introvert also succeed as an entrepreneur?…
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3 Things Entrepreneurs Need to Know About Corporate Resolutions
Not to be confused with New Year’s resolutions, corporate resolutions are official documents that record formal decisions and actions approved by your board of directors (or members, if you run an LLC) on behalf of the company. If you’ve been tasked with putting these documents together and have never done so before, take a moment…
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