Crowdfunding is one way that business owners sometimes get their company off of the ground. This often happens when they have a good idea or they’ve even invented a product, but they simply don’t have the financial backing to put it into production. For example, a...
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Business Formation
A few things to look for in a business partner
To avoid disputes and give your business the best chance of success, you need to find the right business partner. If you already know that you want to work with someone else but you haven’t chosen that person yet, then it’s important to consider what you want to look...
Is it time to take your small business to the next level?
You’ve spent many years working for other people but there has also been a burning desire to start your own business. You launched your company as a side project and it soon became very popular. In fact, you’re beginning to wonder if this is where you should be...
What small business structure attracts good investors?
You have many critical decisions to make before you open the doors of your new small business to the public. If you are still forming your company and have not yet chosen its legal structure, take some time to consider all your options. Those looking to one day obtain...
How can you prepare to buy out your business partner?
A business partner can be like a spouse. The two of you combine your resources and try to build something new and special that is valuable to both of you. You have some responsibility to one another and can massively influence one another's financial or legal...
2 important considerations when negotiating a buy-sell agreement
Whether you intend to go into business with one person whom you have known since college or a group of individuals you met through an investor, you need to protect yourself. You don't want to commit a huge amount of money and time to create a business, only to have...
Tips to resolve a partnership dispute
Starting a business with someone you trust can be the beginning of a great adventure, but you need to think about what will happen if there’s a dispute. It’s possible that both partners will be able to come together to do what’s best for the company. It’s imperative...
Helpful tips to start growing your Georgia business
Starting a new business is a scary and exhilarating thing. There’s no way to know what’s going to happen or if you’re going to make it through the first year with your doors open. However, if you get through that crucial first year and want to grow and expand, there...
What clauses should you include in a partnership agreement?
When two or more parties join hands to start a business, it is known as a partnership. A business partnership comes with its share of benefits and challenges. To ensure a thriving partnership, it is important for the parties involved to come up with an effective...
What makes an LLC so special?
If you’re a small business owner, you may have ready about limited liability companies, or LLCs, in the past. An LLC is a business structure that offers some protections that you won’t get as a sole proprietor. If you’re ready to expand your business or want to make...