First, let’s be clear. There is no way to start a business without any risk. Like any investment, risk is always present and although it would be nice if it weren’t, that will never be the case. An entrepreneur can, however, start a business with a lower level of risk than others who might have […]
Have you ever met somebody who says to you, “I was laid off from my job today and I deserved it.”? If you have, you’re definitely in the minority. If you own a small business and have to lay off employees, you increase the probability of legal action against you. How do you lay off […]
Whenever an entrepreneur starts his or her own business, there is a certain amount of risk involved. But as Entrepreneur magazine contributor Karin Price Mueller writes, working to create a corporation for that small business can protect its owner and his or her assets should anything happen.