Category: Business Planning

Reasons to Consider Starting an Online Business

If you dream of being your own boss and working while dressed in shorts and a T-shirt, you may want to consider starting an online business. An online business offers many benefits for its owners. If you are an entrepreneur looking for a good investment, you may want to consider looking online. Low overhead You [..]

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Tips Every Entrepreneur Should Follow

When you start your own business, you are likely to get flooded with advice. Becoming an entrepreneur is exciting, frightening and overwhelming. Below are a few basic suggestions to consider to help ensure that your new venture is a success: Obtain Knowledgeable Legal Counsel The attorney you used for your divorce or to handle your [..]

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Is your Company Website Protected?

When you own a small business, your website can be one of your most valuable marketing tools. Many times your website is what provides customers or clients their first impression of your business. Unfortunately, many business owners fail to take the appropriate action to safeguard their website. If you rely on one employee or independent [..]

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Selling Your Business

When you own a business, you must make many difficult decisions. One of the most difficult ones to make is if you should sell your business and when is the best time to do so. Many business owners have an arbitrary size or value they want their company to reach before they would consider selling [..]

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Does Your Business Protect its Customer’s Private Data?

Businesses of all sizes should be concerned with protecting their customers’ private information. While breaches of customer data in large companies such as Target make the headlines, having your computer system hacked at a smaller company can be just as devastating to you financially. Any business that collects personal information from consumers is required by [..]

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Pros & Cons of a Limited Partnership

If you are considering establishing your business as a limited partnership (LP), it is important to understand the pros and cons involved with this type of legal entity. It is similar to a general partnership, but the partners have a separate and limited status. This can be extremely beneficial if the partners desire protection from [..]

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What to Include in a Letter of Intent

When you are negotiating a sale transaction, the Letter of Intent (LOI) is a crucial step. There are a wide variety of items that the seller should consider including in the LOI. Below are a few examples: If the sale includes assets, provide a list of the assets being sold as well as any assets [..]

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Start Ups & Your Business Name

Selecting the name of your new business in California is an important task. You want to make sure you get it right and that it is protected. You do not want to make any financial commitments using the business name until you have confirmed it is yours to use. Below are a few considerations: Trademark [..]

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What Important Written Agreements Does Your Business Need?

Whether you are starting a new business or you have an established entity, there are certain written contacts that you should have in place. Below are three main types of agreements your business can benefit from having: Owner Agreements If your business has been created as a legal structure such as a limited liability company [..]

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