Silent partners provide companies with capital to operate effectively. Unlike general partners, silent contributors do not usually partake in everyday business tasks. Business owners create silent partner agreements to receive funding without giving up control of their companies. You can also gain business contacts from a silent partner, making them even more valuable for business growth. In order to truly ... Read More »
As 2019 comes to a close and 2020 begins, it’s a good time to reflect on your year, take a look at how your business performed and plan for changes to make in the new year. Some business changes are a simple, organic response to success: a growing start up needs to change it’s structure to ensure new staff are ... Read More »
Franchise consultants are an excellent resource for beginning business owners. Consultants offer the expertise to help their clients select and operate profitable franchises. Franchise consultants navigate you through the franchise research, application, selection, and training process. Equipped with their industry experience and background knowledge, you can quickly start operating your business. The best business consultants increase profits long term for ... Read More »
Record keeping is an important task for any small business. As a business owner, you likely know this process can be difficult to manage. Proper bookkeeping helps track business expenses. There are a number of different record keeping rules and requirements you must follow. However, when done correctly, record keeping helps your business run smoothly and remain compliant. Failure to accurately ... Read More »
Gambling continues to transform the sports industry at a fast pace. Since the federal ban on sports betting was lifted in 2018, the popular world of sports has changed drastically. Once the ban was lifted, each individual state obtained the power to legalize sports betting. Since then, thirteen states have chosen to allow gambling in sports. As a business owner ... Read More »
Business ownership is becoming increasingly available and popular in modern years. Many business owners are choosing to launch their startup while others are aligning with popular franchises. Both ownership options offer unique advantages to their owners. Comparing the two options can be difficult to do, and often varies based on your individual position. However, it is critical to guarantee you ... Read More »
Mobile shaved ice franchises appear to be a lucrative opportunity for future business owners. However, with seasonal demand and operational costs constantly changing, do these mobile franchises make legitimate earnings? The profitability of shaved ice franchises is ultimately influenced by a number of factors. Your potential earnings often changed based on location, season, or any employees you plan on hiring. ... Read More »
In many of the largest industries, mobile apps are shaping the future. High value customers are researching products and shopping right from their mobile devices. Millennials make up a large portion of this customer base. However, many consumers from older generations are also beginning to shop on mobile devices. Certainly, to remain relevant, mobile apps are becoming a crucial part ... Read More »
Once business owners develop a marketable product or service, they need a company registration to protect their new business. The company registration process guides business from the time they register their brand name, until they open for business. This process is designed to help new businesses obtain the proper licenses and documents to legally operate. Put simply, you submit the ... Read More »
Franchising is quickly becoming the popular way for business owners to open their first company. Opening a franchise provides brand recognition and proven business strategies for reasonable capital investments. Many franchises, especially those that are service based, do not even require a physical location. With all business operations being mobile or conducted digitally, you are free to work from home. ... Read More »
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