While there are an unlimited number of reasons to start a business, there are several that signify someone is well-suited to be a business owner. Many people start a business for the lifestyle benefits, such as a flexible schedule. Others start a business to better align with their personality traits, such as being comfortable with…
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15 Best Fitness & Gym Franchises in 2020
As fitness becomes more of a lifestyle than a trend and people are conscious about getting fit, entrepreneurs are taking advantage of this by investing in gym and fitness franchises. Fortunately, there are different fitness franchises to choose from, with an average cost of around $350,000. We researched data on the 15 best-performing gym franchises…
10 Eye-opening Crowdfunding Statistics 2019
Crowdfunding is a popular method of raising funds for startup business expenses, charities, and personal causes. While funding isn’t guaranteed, crowdfunding statistics show us that a strong pitch and continued communications throughout your campaign can increase your chances of success. The ten most eye-opening crowdfunding statistics are:
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Best 12 Types of Online Businesses to Start in 2020
An online business is a digital-based business built on the internet. Types of online businesses vary greatly from online coaching to a subscription box service. Utilize currently owned resources such as a smartphone and computer to create an online business for no-cost such as a vlog on YouTube or a T-shirt design company. For each…
6 Best Online Incorporation Services in 2020
Online incorporation services help business owners form a corporation, such as a C-corporation (C-corp) and S-corporation (S-corp). A business owner needs to register their business as a legal entity to protect against personal financial liability. The best incorporation services provide a great customer experience through an easy to use software, educational materials, and friendly customer…
12 Best Businesses to Start in 2020
The best businesses to start are usually easy to set up, have low startup costs, high profit margins, low competition, or are in a growing industry. Growing industries mean less competition and more customers. If you’re seeking financing, consider a business idea that’s more likely to receive funding, such as a franchise. Here are 12…
Best States for Female Entrepreneurs 2020—Definitive Ranking of All 50 States
There is no more exciting time for the female entrepreneur than the present. According to a 2019 American Express report, the number of women-owned businesses has increased 21% within the past five years, compared to only 9% of all businesses—and with double the annual growth rate! As the start-up landscape braces for an unprecedented era…
21 Effective Mission Statement Examples
A mission statement is a short, meaningful sentence (or several sentences) that summarizes the purpose that drives your business. A good mission statement says why you do what you do. When a company considers new opportunities, it relies on the mission to make appropriate decisions. Additionally, when the business is sold to a new owner,…
Best Mompreneur Business Ideas for 2020 & Beyond
A “mompreneur” is someone who takes on two jobs—as a mother and as a business owner. Many mompreneurs want to start a business that provides flexibility, and that can be done from home, like with an Etsy shop. Others want to start a business with minimal costs, such as a blogging site or iPhone photography….
12 Creative Business Ideas for Kids in 2020
Business ideas for kids typically require little training, minimal equipment, and are time flexible. Before officially selling their services, children should practice the job with family and friends. For example, they should learn the basics of lawn care by tending to their family’s yard as a prerequisite to providing lawn maintenance services to paying customers….
How To Register A Business In 5 Steps [+ Free Checklist]
Learning how to register a business is best when you take it step-by-step. Start preparing for registration by choosing a business name and obtaining your employment identification number. Then file for a legal business entity with the state. Business registration costs $40 to more than $1,000, depending on your state and needs. For our definition,…
What Is Incorporation in Business & How It Works
Incorporation is the process of registering a business as a corporation. Incorporation can be done through your state’s official business registration website or an online legal service. Typically, the cost to incorporate a business is anywhere from $50 to more than $5,000 for larger corporations that require the assistance of an attorney. How Incorporation Works…
