Types of Business Entities & How to Choose the Right One

There’s a lot to think about when first starting your business. Some questions you may be asking include: Who is my audience, how will I diversify my revenue, and which legal structure will I operate under? It may be tempting to go with “sole prop” and push off registering to another day, but we’re not […]

What are Liquid Assets? Small Business Owner’s Guide

Life and business have a lot in common: They both have predictable ups and downs, as well as unforeseen circumstances that require us to scrap the schedule and change course. Liquid assets are a defense against expected and unexpected circumstances. Looking at small business owners, liquid assets are particularly important, serving as padding for the company while […]

How to Buy an Ecommerce Business

Starting a business from the ground up is notoriously time consuming. Startups often take 6–12+ months to go from the initial idea to getting paying customers, and that doesn’t include the time it takes to achieve profitability. An alternative is buying a business, and many entrepreneurs who choose to buy a company lean towards online […]