Starting a new corporation puts you in charge of your own destiny. Success is largely based upon planning, knowledge, and effort. Because the challenges that confront an entrepreneur are perpetual, finding someone who has traveled that road before you is extremely valuable. This is why finding a mentor will avoid being lonely at the top.
Sometimes an entrepreneur must proceed with achieving sales while simultaneously seeking investors. The idea of selling without the assurance of capital seems counterintuitive. But this method worked for SurePayroll, the largest Internet-only payroll provider.
If you’re going to start a business, will it be full or part time? Many new business owners will start out running their business as a part-time operation, even though the ultimate goal may be for it to be a full-time endeavor.
Tax is assessed on the profit of a corporation differently than the business profit of an independent contractor. Self-employed individuals receive a Form 1099 reporting their income as independent contractors. At high income levels, the tax rate for corporate profits is less than the personal rate. A tax savings is even realized when all the […]
A website testing startup has raised $1,200,000 of initial capital entirely from angel investors. Optimizely conducts A/B testing to measure and track website traffic that helps marketers retain site visitors. The San Francisco based company just launched in July of 2010.
John Henry Newman said, “A man would do nothing if he waited until he could do it so well that no one could find fault”. Anne Wilson Schaef said, ”Perfectionism is self-abuse of the highest order” yet somebody else said, “practice makes perfect”. What does the young or inexperienced entrepreneur have to learn from these […]
The beginning of a new year brings about many activities but one of those is New Year’s resolutions. In America and all over the world there are people who dream of owning their own business but they either don’t have their homework done or haven’t stepped out of their comfort zone to try it. In […]
What’s your reason for not getting your business off the ground yet? Too many of life’s obstacles being placed in your way? Joi Sumpton was once where you might be right now. She had dreams of working for herself instead of somebody else but nothing seemed right and real life obstacles routinely got in the […]