When people decide to start businesses, one of the first questions they have to ask themselves is if they're going to start the business on the side or if they would like to quit their job and go all-in on the new company. Studies have found that starting a side...
The difference between a profitable business and an unprofitable one can often be traced to underestimating the cost of things. Commercial landlords do not all price the premises they lease in the same way. Two seemingly identical premised next door to each other...
You have a great business idea, which is really just a product that you've developed. You're looking to form a business to produce and distribute this product. You don't have that in place yet, but you know that it can succeed with the right infrastructure. To get the...
There's a lot to be said for studying what you should do when you start your own business, but you want to make sure you also do the opposite. Take a look at the mistakes that other people have made, and you may be able to avoid them yourself. With that in mind, here...
These days, brand image is everything, so companies work hard to protect their trademarks from any kind of infringement, including dilution. The Lanham Act of 1996 describes dilution as the “gradual whittling away or dispersion of the identity and hold upon the public...
If you are thinking of setting up a business, there are a lot of factors that will influence its location. For starters, you do not want to set shop in an area with direct competitors. If anything, you do not wish to share the same physical address with them. That is...
It may come as a surprise, but contract law plays a vital role in daily life for everybody. Even a simple matter such as making a purchase from a shop consists of a contractual agreement. However, business owners tend to be far more aware of the importance that...
Often, starting a new business comes with long hours and tasks without pay. Friends and family can be great at supporting you as you start your new business. As your friends and family help you on your way to success, you may find one of them has a different view of...
Instead of starting from scratch, a lot of new entrepreneurs will buy an existing business. Purchasing a business is, however, a major decision that warrants careful consideration. Aspects such as negotiating a fair price are only one factor that prospective business...
Trying to run a competitive business isn't easy. Not only do you need to have a good concept, but you also need professional staff and resources. It could take you years to develop all the information necessary to run a competitive business, and you obviously don't...
