An employee stock ownership plan (ESOP) is a qualified defined-contribution employee benefit plan that provides the employees of a business an ownership interest in that business. An ESOP is used by employers to either reward employees or as an exit strategy from business ownership. If owned by an ESOP, the business can receive great tax…
You can find and lease office space for rent by identifying spaces through online listings or brokers that meet your business’ current needs, budget, and potential for growth. Brokers are either listing brokers or tenant-brokers, which can help identify properties, schedule walk-throughs, and negotiate leases. Use a broker as well as do your own research….
A Kindle is Amazon’s proprietary e-reader, which displays e-books saved in Kindle format. To sell e-books on Amazon or read non-Amazon documents on a Kindle, you need to save them as Kindle format .mobi files. We’ll show you how to create, save, and convert e-books and documents as .mobi files using free online tools. 3…
Learn how to get bookkeeping clients quickly by first identifying your target audience, then implementing marketing ideas to reach your potential clients, followed by joining a few networking groups and finishing off by offering additional services like payroll or tax prep to your existing clients. You can typically get started with all of these steps…
Buying a franchise is a good option for entrepreneurs who want to start a business but don’t want to go through the hard work of establishing a new brand and system. However, purchasing a franchise is not as simple as it may seem. This article will show you how to buy a franchise in eight…
Some entrepreneurs prefer to open a franchise rather than their own business because it seems easier. The benefits of a franchise include operational/marketing support, brand equity, and a proven track record. However, even franchisees need time for research and the proper due diligence. To help, we’ll walk you through the process of opening a franchise….
In this article, we’ll share with you the average costs of buying a business, including a breakdown of prices by industry, and give you a brief overview about how to estimate the price of a small business based on its earnings. We will also help you figure out a budget to see what kinds of…
