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….
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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…
4 Free Retail & Online Store Business Plans
A retail business plan can help entrepreneurs analyze their business concept and explain why it will be successful. Many banks and investors like to see companies’ strategic plans before agreeing to provide funding. All business plans for retail and online stores should showcase their products and services, financial projections, and marketing strategies. Before starting your…
FedEx Routes for Sale: The Ultimate Guide
Much of FedEx’s success is due to the over 12,000 independent business owners who own the routes and deliver and pick up packages, keeping the FedEx machine running smoothly. These entrepreneurs hire and train delivery personnel, purchase and maintain vehicles and other equipment, and oversee the day-to-day operations on their route. If you don’t have…
How to Start a Small Business at Home
Many popular businesses, such as Microsoft and Apple, started their journey in a garage. If you have similar aspirations, start the process by learning how to start a small business at home. The process is similar to opening a brick-and-mortar business—sometimes with lower startup costs. Some of the steps are different, such as the need…
15 Best Franchises To Buy In 2020
We believe the best franchises have a combination of the following features: low-cost, low failure rate, easy to learn, include quality training, and brand strength. The best franchises for new business owners are those they can start small and grow big. You may start with a mobile location and once successful, expand to a physical…
20 Tim Cook Quotes on Success, Business & Technology
Tim Cook is the CEO of Apple, Inc., the world’s largest company. He previously served as Apple’s chief operating officer under company co-founder Steve Jobs, who died in 2011. Tim Cook quotes are a good source of motivation for those who want to start or grow a business. Here are the 20 Tim Cook quotes…
How to Set Up a Rollover for Business Startups (ROBS)
A rollover for business startups (ROBS) enables entrepreneurs to access retirement funds to start or buy a business. Setting up a ROBS involves rolling an existing 401(k) into a new C corporation’s (C-corp’s) retirement plan. The new business purchases shares in the company with the ROBS 401(k), allowing the business use of the funds. To…
How to Start a T-shirt Business Online
Learning how to start a T-shirt business starts with choosing a strong niche and unique designs that will separate your business from the competition. You’ll need to select a production method, sales platform, and market your business. If you’re successful, you could potentially sell T-shirts online at an average profit of $8 per T-shirt. Here’s…
What Is a Sole Proprietorship?
A sole proprietorship is a business structure owned by one person. In this entity, there’s no legal distinction between the owner and the business, which means the owner is entitled to all of the profits. The main downside is that the owner is personally financially responsible for legal liabilities and debts the business incurs. We…