What is Incorporation? Incorporation is the legal process of forming a business corporation. A corporation is a type of business structure, a legal entity that sets it apart from its founders. In that way, business founders are not responsible for corporate debts and obligations and creditors cannot sue them for liabilities incurred by the corporation. … Read more »
As an aspiring small business owner, the one priority you may have is finding the financial support and options that are available to you. In addition to bank loans, money from family and savings, one other option to take advantage of are small business grants. While getting approved for a business grant is generally more difficult … Read more »
If you are starting a business, choosing between different business structures such as sole proprietorship, partnerships, corporation can be difficult if you do not know the advantages or disadvantages that come with each structure. Whether you are buying an existing business or creating one, you should have a firm grasp of the basic characteristics of … Read more »
There are several different methods of financing a new venture, but they can be lumped roughly into four different stages – and everyone who is starting a business should get to know them better. Seed capital is the first stage, when you raise funds to start a business. It is often followed by venture capital, … Read more »
In this day and age, it is now common for people to want to start their own business. From online services to brick and mortar stores, there are many opportunities on what kind of business you can establish. However, despite the wide range of possibilities, there are many obstacles to actually starting a small business. … Read more »