A grand opening is crucial for attracting potential customers to your storefront, raising brand awareness, and networking with local businesses. Any business that is new, expanding, or even relocating can benefit from a grand opening event. In this guide, we cover 20 unique grand opening ideas for small businesses to evoke excitement and interest from…
Starting a Business
13 Best Fitness & Gym Franchises
The best gym franchises will give you good odds of turning a profit as a small business owner. Since every business owner’s circumstances vary, this can take the form of having low startup costs in relation to the amount of revenue the franchise can generate, a large customer base, or a high number of locations…
How Much Does a Patent Cost? The Beginner’s Guide
A patent may cost anywhere from a few hundred to a few thousand dollars depending on the type, complexity, and resources you need for your invention or design. Generally, you can expect to spend anywhere from around $6,560 to $26,860, though the total cost truly depends on several factors, including the type of patent—such as…
LLP vs LLC: What Are the Differences and How to Pick
While both represent legal entities, the main difference between LLPs and LLCs is the level of liability protection. An LLP provides business asset protection from another partner’s negligence, whereas with an LLC, all members are protected from personal liability from business debts. If you’re wondering which option is better suited for your business, there are…
How to Calculate the Growth Rate of a Company: A Simple Guide
For any business, calculating your growth rate is essential for understanding how well your business performs over time. It provides valuable insights and helps identify potential areas for improvement. To calculate your business growth rate, you must first choose the period you want to measure, determine your starting and ending values, and apply the specific…
6 Best Business Plan Software in 2025
The best business plan software walks you through creating an effective plan to help you get approved for loans or secure funds from investors. It should help you write various sections and commonly include the ability to make financial projections, conduct marketing research and analysis, and create miscellaneous charts and graphs to illustrate complex data…
5 Best Business Plan Writing Services for 2025
The best business plan writing services will have a track record of helping their clients get funding from investors and qualify for small business loans. Components of effective business plans commonly include accurate financial projections, thorough analyses of the market and leading competitors, and insights into marketing strategies for specific products and services. Since the…
23 Best Free Business Software for Small Businesses in 2025
Free business software helps your company save money and become efficient. You can use free business tools to do accounting, accept payments, and pay employees. To evaluate and rank this kind of software, we analyzed features, overall quality, online user reviews, and our personal experience with the tools. Below is our list of 23 of…