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The entrepreneurial spirit is strong in the United States. So strong, that even a global pandemic could not slow it down. Reports from Forbes note that the rate of start-ups in 2020 and 2021, right in the midst of the COVID-19 pandemic, did not slow. Instead the rates...
Entrepreneurs interested in starting a business in 2022 are likely looking for capital to get their endeavor up and running. The United States Securities and Exchange Commission (SEC) Office of the Advocate for Small Business Capital Formation recently dug into this...
The feds recently released two reports that show a promising outlook for business formation in 2021. Thus far, the federal figures for July report almost 500,000 new business applications. This is an increase from June — the first promising report. The second: an...
2021 is a unique year. After hopefully coming out of the worst of the COVID-19 pandemic, entrepreneurs are looking to moving forward with some innovative ideas and the business marketplace is set-up for these ideas to thrive. One reason the marketplace is ready to...
Cities are growing in Texas, which makes it a prime location for entrepreneurs who are looking to start a business. Those who are looking to start a business are wise to review applicable regulations first, and many of these are state specific. With that in mind, this...
Entrepreneurs looking to start a business are wise to choose the right business structure. The right fit will vary depending on your business interests and goals, but the following questions can help you get on track to finding the right structure for your needs. #1:...
The COVID-19 pandemic shined a spotlight on issues that can lead to nonperformance. Businesses that thought they had solid contracts to protect their business interests found themselves dealing with sellers who failed to provide products, as promised in their...
Although new businesses fared well in 2020, the fourth quarter was not kind to new business enterprises. According to Reuters, business formation in the fourth quarter of 2020 was down 28.5%. Not surprisingly, the coronavirus pandemic was especially brutal for...
Having an idea for a business venture is an important part of getting on the road to entrepreneurship. However, it is also essential for budding entrepreneurs in Texas to have a concrete vision of what they want and expect from their endeavors. Without being able to...
An S-corporation, or S-corp, is different from other business formation structures. LLCs and partnerships, for example, are business entities, while an S-corp is an election taken by business owners for tax status. It is a tax election that can apply to different...
