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Business owners throughout the country are weathering difficult times. Although the National Bureau of Economic Research (NBER) claims that we are not currently in a true recession, we cannot argue the fact that economic activity is not what we had hoped for and many...
The United States Bureau of Labor Statistics most recent data from 2021 states that 20% of all businesses fail during their first two years of operation, 45% close their doors within five years, and 65% within ten years. The agency reports that only 25% make it 15...
Employees are an important part of your company’s success. Without a strong workforce, your business is unlikely grow. One element that may help attract and keep quality employees while also reducing the risk of employment disputes is a practical employee handbook....
Business owners confront constant risks. These can destroy a business or inflict costly and substantial damage. Anticipation and preparation for these risks can help to better ensure owners protect their business interests. Five of the most common to account for...
Business leaders looking to incorporate need to consider various factors when making their decision. For some, a limited liability company (LLC) or partnership may make sense. For others, a corporation. But why and which one? There are different types of corporate...
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...
