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There are many reasons why people start a side hustle. Most do it to earn extra income to pay off debt, save money, or invest it. Others begin so they can pursue a passion while receiving a steady paycheck from a full-time job. No matter how or why you started, you...
There can be a big gap between what you expected to happen with your business and what actually works for your company. Particularly for first-time entrepreneurs, starting a business can be very unpredictable. When you first start the company, you will choose the...
After years of working for someone else, you’ve decided to branch out and form your own business. You have a product, relevant contacts and a desire to succeed. While these qualities can take you extremely far, as your business grows, you may need to recruit some...
After years of working for other people, you’ve decided to make a change and form your own company. Or, perhaps you’ve decided that this is something you want to do on the side? In any case, you need to think about what type of structure your business is going to...
You can start a sole proprietorship, which just means that you are running a business as yourself. Many people do this, especially at the beginning, when the business is just getting off the ground and they're hoping that it can grow. Another option, however, is to...
Perhaps the most important thing to do if you want to start a business with someone else is to make sure that you find the right partner to form that business with. The future success of the company depends on it, in many ways. While it’s common to pick friends,...
Many business owners don't have a lot of energy or time to learn the intricacies of all different business formations to determine which one is best for their company when they're a one-person startup. At this stage, most business owners know that they have what they...
In any creative business environment, opportunities abound -- but not all of them may align with your company’s current direction and goals. Some of the ideas or opportunities that come your way may even be a bit risky. That’s where a spinout can be helpful. Rather...
Business partnerships are often compared to marriages because when they are good they work very well. But when they self-destruct, just as in a marriage, the fallout can be devastating. If you are contemplating entering into a business partnership, please consider...
New business owners in Beaumont and other parts of Texas may want to learn more about how a limited liability company can go about raising funds. There are some differences between what an LLC may do compared to a large corporation, and the sources of capital are...
