The story is all too familiar. You want to make positive changes in your life so one day you decide to kick it into high gear. You may want to get in shape, be more productive, or limit procrastination. Overall, you’re on a quest to develop self-discipline. It typically starts like this — you write…
When you start a new business, one of the first things you need to ask yourself is “What kind of business will I start?” There are a few different types of businesses — sole proprietorships, partnerships, LLCs, and corporations. Today, we’ll focus on LLPs. Limited liability partnerships (LLPs) are a combination of general partnerships and…
From figuring out your target audience to selecting the best start-up business loan, big decisions are a basic part of owning a business. One of the first and most important that you’ll be faced with is picking the type of business entity you want to own. Your business entity type, also known as your business structure,…
One of the first steps to getting a business off the ground is deciding which type of business you’re going to create. You can establish a partnership, limited liability company, corporation, or a sole proprietorship. But what is a sole proprietorship? Don’t worry, we’ll help you understand each of these business types, including a deep…
Knowing how to write a business plan is foundational for creating a successful business. All companies need one — whether you’re an entrepreneur with a great business idea, a small business owner looking to attract investors, or a pre-existing business looking to hone your tactics and strategies. A sound business plan can help you plan…
When creating a legal business entity for your small business, you have several options. Two of the best for very small companies are sole proprietorships and LLCs. In this article, we’ll look at the two company types and compare and contrast the pros and cons of each. We’ll help you decide which distinction is better…
Our healthcare providers may be the superheroes of our time, but to keep doing their good deeds, they need money to pay the bills. Through revenue cycle management, your healthcare organization can stay on top of your earnings and help patients when they need you the most. Even the most generous doctors can’t provide the best care…
When it comes to launching a small business, most people will need some initial investment. That investment can come from small business grants, savings or personal wealth, but often, entrepreneurs with business ideas will need to look for financing. This is where start-up business loans frequently come into play. Understanding your business loan options can often…
As a business owner, it’s pretty much impossible to avoid having financial obligations. From employee wages and unpaid taxes to office lease payments to utility bills, there’s always a checklist of items that you need to pay off each year. When you want to know if your company is able to swiftly handle these liabilities,…
You see it all too often — credit card advertisements for the latest and greatest rewards cards that promise cash-back and endless points you can use towards travel, dining, and entertainment. And then slipped in at the side of the screen you’ll notice some fine print regarding the credit card’s APR. Today we’re here to…
