Posts by Deborah Sweeney

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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How do I Get a Federal Tax ID for my Business?

Generally, businesses need a Federal Tax ID number or an Employer Identification Number (EIN) to legally conduct business. Whether a sole proprietor or a corporation, an EIN is necessary. This number is used to identify a business entity for tax purposes and is fairly simple to obtain. The IRS supplies multiple ways to apply for…

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3 Mindset Secrets to Achieving Small Business Success

Recently, I read a piece in the USA Today on the 11 secrets to small business success. There are all kinds of articles like these online, ranging in number count and content with the “secrets” as largely common knowledge to small business owners such as taking time to unplug or hiring a good team. In…

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How to Be a Successful Serial Entrepreneur

Running multiple businesses is not for the faint of heart—doing so requires a lot of work and dedication. But if you’re driven, motivated, and passionate about what you do and who you do it for, serial entrepreneurship might just be the next step to take your business in. With great power comes great responsibility and…

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3 Sports-Themed Small Businesses Anyone Can Start Up

The sky’s the limit when it comes to starting a sports-themed small business — for the most part anyway. Some occupations, such as becoming an agent, publicist, or TV presenter, come with requirements like a relevant college degree and previous job experience within the field. Others, like bracket betting businesses or selling discounted tickets, have…

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Don’t Do These 4 Things When Business is Booming

Success in business is just as much cautionary as it is celebratory. When you start breaking even and gradually grow used to business being on the up and up, naturally you’ll be inclined to spend more money. Sometimes this spending is done for the greater good of the company’s ROI, like hiring new employees. Other…

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Small Biz: There’s No Shame in Second Place

For years, sporting events and competitions have taught us that the ranking system for being a winner is first, second, and third place. Gold, silver, and bronze. You’re a winner in all three areas, but it’s a little different when you get into first place. During the Olympics, you stand on a step that is…

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