Updates In Our World

Get the inside scoop on what’s going on in our world, as well as some tips and tricks for handling situations across some of our focus areas.

Should I Buy a Franchise?

Should I Buy a Franchise?

When starting a business, entrepreneurs typically have two options: they can either build a new business or purchase an existing business. Buying an existing business can offer the advantages of name recognition and a proven business model. The advantages can be even...

Purchasing Real Estate for Business

Purchasing Real Estate for Business

Business owners must constantly weigh risks versus rewards when evaluating growth strategies. An example is owning commercial property, which involves more responsibilities and expenses than leasing a space. However, over the long term and in the right circumstances,...

The Sole Proprietorship: Pros and Cons

The Sole Proprietorship: Pros and Cons

Transitioning from being an employee to being self-employed is a goal of many American workers, and a growing number of workers have realized their goal in the wake of pandemic-related economic disruptions. Individuals often cite taking control of their career as a...

What You Need to Know about Articles of Organization

What You Need to Know about Articles of Organization

The limited liability company (LLC) is a popular entity structure among small business owners that provides governance and taxation flexibility and shields personal assets from business liabilities. To enjoy the benefits and legal protections of an LLC, however,...

How to Put Business Interests into a Trust

How to Put Business Interests into a Trust

When forming your business, you may choose to structure it as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each type of structure offers different levels of asset protection and affects how much you pay in taxes. But owners can...

Managing Business Relationships

Managing Business Relationships

Americans have a “pull yourself up by your bootstraps” mentality that speaks to our individualism and enterprising spirit. This mindset is especially pronounced among business owners, who have chosen to forego the typical employment route in favor of creating their...

What Every Business Owner Should Know about Cash Flow Statements

What Every Business Owner Should Know about Cash Flow Statements

Cash flow measures how much cash is flowing in and out of a business. A positive cash flow is one of the strongest determinants of a business’s success. It shows that a company can fund its debts and pay for immediate needs such as equipment and staffing, and also...

Buying a Business with Real Estate

Buying a Business with Real Estate

Buying a business and purchasing real estate are two very different investments. Business ownership typically requires some management skills and knowledge about market conditions, consumer trends, staffing, and finances. Ownership of real estate, on the other hand,...

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