The limited liability company (LLC), S corporation (S-corp), and C corporation (C-corp) are all business structures that you may be considering. The LLC is a low-maintenance legal entity that’s best for a simple business. An S corporation is a tax status created so that business owners can save money on taxes. A C corporation is…
LegalZoom vs Rocket Lawyer: Which Is Best?
LegalZoom and Rocket Lawyer provide similar online legal services. Where they differ is pricing, ease of use, intellectual property services, and customer service. LegalZoom has more affordable ongoing single services like access to their legal document library. Rocket Lawyer provides comprehensive services in an affordable monthly membership, which includes legal advice and unlimited legal documents….
21 Best Businesses to Start in 2020
The best businesses to start are those that are either low-cost, high-profit, low-competition, or trending. You also may want to look for a business that performs well during or after COVID-19 restrictions. To compile this list, we reviewed market research by companies such as IBIS World, Statista, Bureau of Labor Statistics (BLS), and Grand View…
How to Start a Cleaning Business: The Complete Guide
Cleaning businesses offer a wide range of services, including disinfecting, vacuuming, dusting, tidying up, floor mopping, and waxing. More recently, cleaning businesses are specializing in CDC recommended procedures to kill the COVID-19 virus. In this guide, we talk about low-cost strategies to get your cleaning business up and running on a budget. We cover how…
6 Best Business Plan Software 2020
Business plan software gives you the tools to create financial projection tables, charts, and other documents you need to plan your business. Software is often better than using a free template because it gives you step-by-step directions and educational materials to help you complete a clear business plan. We review the best business plan software…
How to Start a Business: The Complete Guide
Whether you’re starting a part-time business or quitting your corporate job to create your dream biz, you’ll find information in this guide to help you succeed. Throughout this article, you’ll learn from experts in finance, legal, marketing, human resources, software, insurance, in addition to myself—a former small business consultant. As a small business consultant, I’ve…
7 Best Online Legal Services 2020
An online legal service assists with legal tasks in both business and personal matters. The services typically cost a fraction of what a local attorney would charge. An online legal service helps with tasks such as business registration, legal documents, attorney advice, and intellectual property. Choose a company to work with based on your specific…
18 Compelling Reasons to Start a Business
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…
Should You Start a Business?
Before starting a business, you need to determine if you’re ready to become a business owner and there are several factors to consider before you do. Why do you want to start a business? How much money do you want to make? Do you understand what business owners do and how they’re different from entrepreneurs?…
How to Choose a Business to Start
Choosing a business to start can be both an exhilarating and frustrating time—there are so many options. To settle on an idea, examine your skills, experiences, and firsthand knowledge. Also, look at what businesses are trending. Before choosing, get a cost estimate required to start the business and ensure you can make it happen. By…
Best (And Worst) Industries to Survive COVID-19: The Winners and Losers of This Pandemic
COVID-19 has wreaked havoc on industries across the country, but not everyone is losing money. With total travel spending in the US expected to plummet $355 billion this year, sectors like hotels and airlines are hemorrhaging revenue and jobs. On the opposite end of the spectrum, work technologies like video conferencing are seeing incredible gains…
How to Market a New Business (11 Thrifty Strategies)
Learning how to market a new business successfully can be overwhelming. There are so many decisions to make: What marketing materials do you need to create? Should you build a website? What social media platforms do you need to be on? And should you advertise? In the steps below, we’re going to walk you through…